ETFs to Watch March 12, 2013 (ASEA, FXN, VXX)

Here is the ETF Professor's ETF Watch List for Tuesday, March 12, 2013.

The iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) is getting hammered.

Give the Vanguard REIT Index ETF (NYSE:VNQ) a look.

The First Trust Financials AlphaDEX Fund (NYSE:FXO) is worth a look.

Emerging markets plays of the day: Global X FTSE ASEAN 40 ETF (NYSE:ASEA), SPDR S&P China ETF (NYSE:GXC) and the Market Vectors Russia ETF (NYSE:RSX).

Currency play of the day: CurrencyShares Canadian Dollar Trust (NYSE:FXC).

Bond play of the day: PowerShares Fundamental High Yield Corporate Bond ETF (NYSE:PHB).