ETFs to Watch January 31, 2013 (DBC, ELD, YCS)

Here is the ETF Professor's ETF Watch List for Thursday January 31, 2013. With small-caps looking weak, give the Direxion Daily Small Cap Bear 3X Shares

a spin. The PowerShares DB Commodity Index Tracking ETF

is looking interesting. Give the WisdomTree Global ex-US Utilities ETF

a look. Emerging markets plays of the day: ProShares UltraShort MSCI Brazil

, Global X FTSE ASEAN 40 ETF

and the Global X FTSE Colombia 20 ETF

. Forex play of the day: ProShares UltraShort Yen

. Bond play of the day: WisdomTree Emerging Markets Local Debt ETF

.