4 ETFs to Play the Leave Vote

On Friday, June 24, Britain voted to leave the European Union (EU). This was huge news for a number of reasons. Britain was one of the largest economies in the EU, and the global markets had widely expected the remain camp to prevail. The Dow Jones Industrial Average (DJIA) rose more than 200 points the day before the vote, which implied that the market was pricing in for the remain vote to win. The outcome for leaving was not priced in by the market, which is why the DJIA fell 500 points at the open on Friday.