Many investors and traders have had their hands up in the during the past few weeks. The market has been whipsawing back and forth with great intensity. The Dow Jones Industrial Average is down more than 4.4% during the past month. Aside from a dozen hedge fund managers and their elite clients, investors are not faring well. Amid fears of a double dip recession and the market downturn, investors are looking for places to put their money.

I think I’ve found four ETFs that show bullish signs of weathering the current climate and providing your portfolio a boost..

#-ad_banner-#1. Vanguard Long Term Corp (Nasdaq: VCLT)
Many investors are scared of the equity markets and have been piling into treasuries and investment-grade bonds. This makes some intermediate to long-term fixed income securities a nice short-term play.

The Vanguard Long Term Corporate Bond ETF provides exposure to high quality long-term corporate bonds.  The fund has a yield of 5.2%. VCLT is up 1.2% in the past month, compared with a 1.5% increase in the iShares Aggregate Bond ETF (NYSE: AGG) and a 5.7% drop in the S&P 500 Index. If we take a look at a slightly longer time frame, VCLT is up 5.8% in the past four months compared to a 4% increase in the iShares Aggregate Bond ETF and a 10.6% drop in the S&P 500. All signs point to a positive uptrend. Just keep in mind that bond prices could drop in the event interest rates start increasing, but that isn’t likely at this time.

2. iShares 10+Year Credit (NYSE: CLY)
Another similar opportunity is the iShares 10+Year Credit ETF. This is because scared investors are running to treasuries and investment-grade bonds to protect their portfolios. This ETF differs from the previous one in that more than half the portfolio is in U.S. treasuries. In fact, many of the largest holdings are treasuries.

The fund has a yield of 4.4%. CLY is up 0.9% in the past month, compared with a 1.5% increase in the iShares Aggregate Bond ETF and a 5.7% drop in the S&P 500 Index. CLY is up 7.6% in the past four months, compared with a 4% increase in the iShares Aggregate Bond ETF and a 10.6% drop in the S&P 500, so it’s definitely beaten the market during this rough period.

3. Vanguard Intermediate Term Bond (Nasdaq: VCIT)
The third fixed income opportunity is another Vanguard bond ETF. This is also another fund offers a save haven for frightened investors. The Vanguard Intermediate Term Bond provides exposure to investment-grade corporate and treasury bonds with maturities between five and 10 years, as opposed the average maturities of 25 years for the previous two bond ETFs. The fund has a yield of 3.7%.

Yields are plunging on intermediate bonds, providing some nice price appreciation for holders of this fund. VCIT is up 0.7% in the past month, compared with a 5.7% drop in the S&P 500 Index. VCIT is up 3.8% in the past four months, compared with a 10.6% drop in the S&P 500.

4. iShares MSCI Switzerland (NYSE: EWL)
When I do my usual research for ETFs showing bullish signs, it’s been fairly easy to find equity opportunities. Until this past month, that is. The first three opportunities previously mentioned are all fixed-income, but I did manage to find a stock ETF showing some bullish signs. 

The iShares MSCI Switzerland ETF tracks the Swiss equity markets. Aside from Germany, it is one of the only European countries to avoid the debt crisis, and is one of stronger economies in the world. One drawback is the strength of the Swiss Franc, which has hurt exports. But this country is still an interesting opportunity. Companies like Roche Holding AG are performing quite well. Top sectors in the fund include consumer staples and healthcare, two historically defensive areas of the market. The ETF is currently experiencing some weakness in a long-term uptrend, which creates the perfect opportunity to buy.

Risk to Consider: The main risk for the three bond ETFs are rising interest rates, which aren’t really a threat right now. As for Switzerland, if the European economy falters more and the stronger countries such as Germany and Switzerland get dragged in, then it could create problems.

Action to Take –> These ETFs provide great investment opportunities in the near term. The three fixed-income funds provide an ample chance for investors to avoid the equity markets turmoil. The Swiss equity fund has largely avoided exposure to high government debt, which makes it a great opportunity for equity investors as the European debt crisis continues.