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Best Country-Specific ETFs 2026

Complete guide to single-country ETFs covering every major global market from Japan to Brazil

Best Country-Specific ETFs for 2026

Country-specific ETFs allow investors to target individual national markets with precision. Whether you're bullish on Japan's corporate reforms, India's demographic dividend, or Germany's industrial champions, country ETFs offer the most direct exposure to specific economic stories and market dynamics.

Complete Country ETF Comparison

This comprehensive guide ranks single-country ETFs across developed and emerging markets, evaluating expense ratios, liquidity, tracking accuracy, and investment thesis strength.

How to Use Country ETFs

  • Tactical Allocation: Overweight countries with strong near-term catalysts (e.g., Japan during reform cycle).

  • Thematic Exposure: Target specific economic themes (India for demographics, Taiwan for semiconductors, Brazil for commodities).

  • Portfolio Diversification: Reduce US concentration by allocating to uncorrelated country markets.

  • Dividend Income: UK (EWU), Australia (EWA), Brazil (EWZ), and Singapore (EWS) offer yields significantly above US markets.

Country ETF Selection Framework

When choosing country ETFs, consider: (1) Economic fundamentals and growth outlook, (2) Currency exposure and hedging options, (3) Sector concentration risk, (4) Geopolitical stability, (5) Dividend policies and tax treatment, (6) Liquidity and trading costs.

🏆 Winner — #1 pick
1
EWJ
EWJ
NYSE
↗ 0.39%

iShares MSCI Japan ETF

Price
¥98.28
YTD
+12.45%
Expense
0.50%
Yield
1.65%
Country/Region 🇯🇵 Japan ⏱ Medium
2
EWG
EWG
NYSE
↘ -0.07%

iShares MSCI Germany ETF

Price
€43.89
YTD
+14.85%
Expense
0.50%
Yield
2.15%
Country/Region 🇩🇪 Germany ⏱ High
3
EWU
EWU
NYSE
↘ -0.18%

iShares MSCI United Kingdom ETF

Price
£48.59
YTD
+9.85%
Expense
0.50%
Yield
3.85%
Country/Region 🇬🇧 United Kingdom ⏱ Medium
4
EWH
EWH
NYSE
↗ 0.96%

iShares MSCI Hong Kong ETF

Price
HK$23.20
YTD
+8.25%
Expense
0.50%
Yield
2.95%
Country/Region 🇭🇰 Hong Kong ⏱ High
5
INDA
INDA
NYSE
↘ -0.02%

iShares MSCI India ETF

Price
₹49.91
YTD
+10.52%
Expense
0.64%
Yield
0.85%
Country/Region 🇮🇳 India ⏱ High
6
FXI
FXI
NYSE
↗ 1.53%

iShares China Large-Cap ETF

Price
¥35.88
YTD
+6.85%
Expense
0.74%
Yield
2.25%
Country/Region 🇨🇳 China ⏱ Very High
7
EWA
EWA
NYSE
↘ -0.46%

iShares MSCI Australia ETF

Price
A$30.23
YTD
+8.95%
Expense
0.50%
Yield
3.65%
Country/Region 🇦🇺 Australia ⏱ Medium
8
EWZ
EWZ
NYSE
↘ -0.71%

iShares MSCI Brazil ETF

Price
R$37.86
YTD
+5.65%
Expense
0.58%
Yield
5.25%
Country/Region 🇧🇷 Brazil ⏱ Very High
9
EWY
EWY
NYSE
↗ 4.60%

iShares MSCI South Korea ETF

Price
₩188.87
YTD
+9.85%
Expense
0.58%
Yield
1.45%
Country/Region 🇰🇷 South Korea ⏱ High
10
EWC
EWC
NYSE
↘ -0.69%

iShares MSCI Canada ETF

Price
C$62.04
YTD
+7.85%
Expense
0.50%
Yield
2.55%
Country/Region 🇨🇦 Canada ⏱ Medium
11
EWT
EWT
NYSE
↗ 1.86%

iShares MSCI Taiwan ETF

Price
NT$112.18
YTD
+14.25%
Expense
0.58%
Yield
2.15%
Country/Region 🇹🇼 Taiwan ⏱ High
12
EWS
EWS
NYSE
↗ 0.82%

iShares MSCI Singapore ETF

Price
S$34.57
YTD
+6.25%
Expense
0.50%
Yield
4.15%
Country/Region 🇸🇬 Singapore ⏱ Medium
13
EWQ
EWQ
NYSE
↘ -0.11%

iShares MSCI France ETF

Price
€45.69
YTD
+13.25%
Expense
0.50%
Yield
2.45%
Country/Region 🇫🇷 France ⏱ Medium
14
EWL
EWL
NYSE
↘ -0.57%

iShares MSCI Switzerland ETF

Price
CHF63.13
YTD
+8.85%
Expense
0.50%
Yield
2.55%
Country/Region 🇨🇭 Switzerland ⏱ Low
15
DXJ
DXJ
NYSE
↘ -0.04%

WisdomTree Japan Hedged Equity

Price
¥179.97
YTD
+18.25%
Expense
0.48%
Yield
2.45%
Country/Region 🇯🇵 Japan ⏱ Medium

Frequently asked questions

What is a country-specific ETF?

A country-specific ETF invests in equities of a single national market, allowing investors to target that country's economic growth and market performance directly.

Why invest in country-specific ETFs?

Country ETFs provide tactical allocation, thematic exposure, portfolio diversification, and dividend income from specific national markets.

Which is the top country ETF for 2026?

EWJ — iShares MSCI Japan ETF is the #1 pick, offering comprehensive exposure to Japanese large and mid-cap stocks with a 12.45% YTD return.

What sectors dominate EWJ?

EWJ covers large and mid-cap Japanese equities across technology, consumer goods, industrials, and financials listed on the Tokyo Stock Exchange.

What is the expense ratio of EWJ?

EWJ has an expense ratio of 0.5%.

Which ETF is recommended for Germany?

EWG — iShares MSCI Germany ETF tracks Germany’s equity market, including automotive, industrial, and technology leaders.

What yield does EWG offer?

EWG provides a dividend yield of 2.15%.

Which ETF offers high dividends in the UK?

EWU — iShares MSCI United Kingdom ETF offers a 3.85% yield with exposure to energy, financials, healthcare, and consumer sectors.

What is the price of EWH?

EWH — iShares MSCI Hong Kong ETF trades around $23.16 per share.

Which ETF focuses on India?

INDA — iShares MSCI India ETF provides exposure to India’s fast-growing economy through large and mid-cap technology, financials, and energy stocks.

What is the expense ratio of INDA?

INDA has an expense ratio of 0.64%.

Which ETFs target China?

FXI — iShares China Large-Cap ETF and MCHI — iShares MSCI China ETF provide exposure to Chinese equities, including tech giants and state-owned enterprises.

What is the dividend yield of EWZ?

EWZ — iShares MSCI Brazil ETF offers a high dividend yield of 5.25%.

Which ETF provides South Korea exposure?

EWY — iShares MSCI South Korea ETF focuses on Samsung and the semiconductor sector, with a yield of 1.45%.

Which ETF offers Canadian market exposure?

EWC — iShares MSCI Canada ETF provides exposure to Canadian equities with significant weighting in banks, energy, and mining sectors, yielding 2.55%.

What makes EWT attractive?

EWT — iShares MSCI Taiwan ETF is dominated by Taiwan Semiconductor (TSMC) and offers high growth exposure to the global semiconductor supply chain.

Which ETF offers high yield in Singapore?

EWS — iShares MSCI Singapore ETF provides a 4.15% yield with exposure to the big three banks and REITs.

Which ETF focuses on France?

EWQ — iShares MSCI France ETF provides exposure to luxury brands, energy, and pharmaceutical companies, yielding 2.45%.

What sectors dominate EWL?

EWL — iShares MSCI Switzerland ETF is concentrated in healthcare (Novartis, Roche), consumer staples (Nestlé), and banking sectors.

What is DXJ and why is it unique?

DXJ — WisdomTree Japan Hedged Equity Fund offers Japanese equity exposure while hedging out yen currency risk, allowing US investors to capture returns without currency drag.