ETF of the Week: Franklin FTSE Brazil ETF (FLBR)

ETF Trends’ CEO Tom Lydon discusses the U.S. Global Jets ETF (JETS) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show. Brazil has been a strong outperformer within emerging markets, up 38% year-to-date, with strong fundamentals such as a stabilizing consumer confidence index, high interest rates proving attractive for carry trades, and retail sale growth.  Brazil is a large exporter of crude oil, iron, sugar cane, and coffee bean and with the Russia/Ukraine war, has experienced rising commodity and energy prices.  FLBR offers access to the Brazilian stock market at attractive prices and tracks large- and mid-cap companies within Brazil.