iShares J.P. Morgan EM Local Currency Bond ETF (PBW)

emerging-markets local-currency-bonds fixed-income

This ETF offers exposure to local currency bonds from emerging markets, providing a unique avenue for yield-seeking investors. It taps into the potential for currency appreciation alongside interest income, a combination that could prove lucrative in a weakening dollar environment. However, investors should be mindful of the heightened volatility inherent in emerging market currencies.