Emerging markets ETFs: Which to buy, which to avoid By: CNBC.com News January 27, 2014 at 15:08 PM EST Emerging markets ETFs have grown based on diversification theory. But what if diversification doesn't work? It hasn't in emerging markets. Read More >> Related Stocks: Deutsche Bank Ag Emrg Mkts Ishares MSCI ETF Emrg Mkts Min Vol Ishares Edge MSCI ETF Frontier 100 Ishares MSCI ETF Mexico Ishares MSCI ETF Wisdomtree EM High Div Fund Wisdomtree Japan Hedged Equity Fund Xt MSCI Emerging Markets Hedged Equity ETF Xtrackers MSCI Mexico Hedged Equity ETF