Part IV: Top 20 ETFs Trading Under $20

We've come to the final installment of our “Top 20 Under $20” series and today's contenders do fit the bill of what we've been examining to date. That is not only ETFs that are fine short-term trades, but also those that have the potential to move above $20 and stay there. Again, no preference has been given to issuer, asset class or style. 1) Market Vectors Vietnam ETF

: VNM is a perfect example of an emerging markets ETF investors want to like, but even the heartiest of souls have a hard time doing that because this fund is so volatile and vulnerable to currency devaluations. That means inflation is also a big concern in Vietnam and with the time difference, this is not an ETF you want to be on the wrong side of overnight. In other words, for now, VNM is great for active traders, but one longer-term holders should stay away from unless they have high risk tolerance. 2) iShares MSCI Taiwan Index Fund

: EWT has had its fair share of China-induced problems this year and as one of the more developed of the emerging markets, Taiwan can be viewed as lacking emerging markets cache or a sound bet for conservative investors. Either way, EWT actually looks attractive around $13.50 with support firm just below $13 and a run back to $16 before year end possible. 3) Global X Copper Miners ETF

: Copper and its related ETFs have seen better days and if concerns about global economic growth continue to overwhelm the market, you won't want to be long this ETF. That said, any positive inklings about global economic activity and COPX becomes worth a roll of the dice. Support is firm just below $15 an the ETF could run back to $20 in the coming months if the broader market cooperates. 4) SPDR KBW Bank ETF

: We're not saying it's time to party with bank stocks by including KBE on this list, but it is worth noting that KBE does have a tendency to move in lockstep with the S&P 500, making the ETF an interesting way for traders to possibly spot market tops and bottoms. 5) EGShares India Infrastructure ETF

: It is next to impossible to be bullish on India-specific ETFs until the rapidly growing economy shows signs that it has a handle on inflation. With that said, India has infrastructure needs that are almost unrivaled in the emerging markets universe and with a low risk entry point available today, longer-term investors can get involved with INXX here and ride it into the low 20s, which looks like a reasonable two-year price target.