In yet another first for the U.S. ETF industry, State Street has rolled out the first fund to focus exclusively on small cap stocks in Asia Pacific economies. The New SPDR S&P Small Cap Emerging Asia Pacific ETF (GMFS) joins an existing SPDR ETF targeting large cap stocks in the region, as well as a growing number of international equity funds focusing on smaller stocks. The recently launched ETF is linked to the S&P Asia Pacific Emerging Under USD 2 Billion Index, a benchmark that consists of about 500 different holdings with an average market cap of approximately $460 million. By comparison, the SPDY S&P Emerging Asia Pacific ETF (GMF) has a weighted average market cap of more than $12 billion. [click to continue…]
iShares has made another round of additions to its ETF lineup of well more than 200 products, debuting funds that target small cap stocks in Hong Kong and Singapore. The company also debuted an ETF linked to the MSCI World Index, a broad benchmark of stocks in developed markets:
ProShares is continuing to build out its suite of ETFs offering exposure to alternatives, announcing this week the launch of a pair of funds designed to offer exposure to “breakeven inflation.” That term refers to the spread difference in yield between Treasuries and TIPS (i.e., the yield on Treasuries less the yield on TIPS of [...]
AdvisorShares, one of the largest issuers of actively-managed ETFs, has forged a partnership to bring an active sector rotation ETF to market. The new Rockledge SectorSAM ETF (SSAM), which began trading Thursday, will seek to generate stable and consistent returns in all market conditions, developing a dollar neutral portfolio comprised of sector ETFs. The new ETF [...]
Direxion, the firm that recently rolled out a pair of Insider Sentiment ETFs, got the ball rolling on the product development front in 2012 with the launch of three volatility response ETFs this week. The new ETFs offer dynamic exposure to U.S. and Latin American equity markets, shifting allocations between stocks and cash based on [...]
The coming of the new year hasn’t slowed down the rapid pace of the ETF industry, with December showing high levels of activity on the product development front. December saw the debut of a number of first-to-market products as well several new and intriguing investment strategies. ETF issuers did not slow down the pace as a [...]
With 2011 nearly in the books, the ETF industry has set yet another record for product development and innovation. More than 300 exchange-traded products debuted this year, beginning in early January with the launch of the first VIX ETFs from ProShares and continuing through late December when RBS added another Trendpilot ETN to its lineup. [...]
This past year was the most active ever for the exchange traded industry in terms of product development; the launch of more than 300 new products shattered the record set in 2010. And innovation continues to run high in the industry; the creativity of issuers is still impressive, as many of the ETFs that have [...]
RBS, the well-known financial institution and relative newcomer to the ETF space. introduced its sixth ETN this week. This new ETN, the NASDAQ-100 Trendpilot ETN (TNDQ), will join the issuer’s family of “Trendpilot” ETPs, which offer exposure to a dynamic trading strategy applied across a variety of asset classes. TNDQ is linked to the RBS [...]
Direxion, one of the largest issuers of leveraged and inverse ETFs, announced the launch today of a pair of non-leveraged funds that will utilize insider sentiment indicators to achieve exposure to domestic equities. The new ETFs will seek to replicate indexes that filter the universe of U.S. equities using quant-based strategies to eliminate stocks with [...]
Global X continued a busy week of product development; after rolling out a pair of ETFs linked to NASDAQ indexes, the New York-based issuer followed up with the first product offering pure play exposure to Greece. The new FTSE Greece 20 ETF (GREK) will seek to replicate the FTSE/Athex 20 Index, a benchmark that includes [...]
