Brazil ETFs might be overweight in certain sectors compared to a diversified U.S. fund like a S&P 500 fund. For example in 2008, the Brazilian economy is strong in areas like natural resource production and finance, but weaker in areas like healthcare, technology and consumer goods. Brazil’s economy is considered vibrant in the world market, leading to its inclusion in the "BRIC" group along with Russia, India and China. As the country's financial markets open up to increased foreign investment, ETF choices should expand.