ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Direct Indexing
    • Disruptive Technology
    • Energy Infrastructure
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Financial Literacy
    • Fixed Income
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Modern Alpha
    • Multifactor
    • Night Effect
    • Portfolio Strategies
    • Responsible Investing
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. This Week’s ETF Launches: Getting Religious and Rising Cyber-Sales
News
Share

This Week's ETF Launches: Getting Religious and Rising Cyber-Sales

Aaron LevittApr 27, 2016
2016-04-27

The number of new ETFs launched this week was light. However, what was launched could prove interesting for investors. With this week’s round of ETF launches, fund sponsors continue to cater to smaller and smaller niches/segments of the overall market. That included dicing up consumer stocks even further, courtesy of new fund sponsor Amplify Investments, and screening stocks based on religious grounds.

We also saw a new smart-beta offer tackling emerging markets from one of the largest providers of ETFs.

All in all, investors continue to have more and more choice when it comes to designing their portfolios.

An Industry Veteran’s New Venture

While the name Christian Magoon may not ring a bell with retail investors, Magoon has been on the forefront of some of the biggest ETF launches to date. Magoon was president of Claymore Securities when it was purchased by Guggenheim Investments and was responsible for the popular PureFunds ISE Cyber Security ETF (HACK B+).

Magoon’s latest venture was to start his own firm, Amplify Investments, and launch his first ETF on April 20: the Amplify Online Retail ETF (IBUY C+).

IBUY is a unique take on the consumer discretionary sector as its underlying index, the EQM Online Retail Index, seeks to hone in on the growing trend of online shopping and e-commerce. And while the death of physical retail may have been overstated, it’s no secret that more and more consumers are buying goods and services via their keyboards rather than setting foot in a store.

IBUY’s index screens for firms that receive more than 70% of revenues from online sources. That includes retailers, travel-focused websites and other service providers. IBUY’s index and focus skews heavily towards U.S. stocks, though there are some international firms in its initial asset mix. Surprisingly, the fund isn’t dominated by large-cap e-commerce names and features mostly small- and mid-cap consumer stocks.

The theme is certainly sound. The key for IBUY will be its relatively high expense ratio of 0.65%, or $65 per $10,000 invested. It’ll need to prove itself versus other consumer-focused ETFs to justify the higher cost.


Content continues below advertisement

Global X Finds Religion

Fund issuer Global X is known for pushing the boundaries of which sectors or regions can be found in an ETF. After all, these are the people who gave the market a fishing-focused fund and an ETF that owned Mongolian stocks. Global X’s latest fund seeks to allow investors to align their portfolios with their values. At least, if those values are Catholic.

The Global X S&P 500 Catholic Values ETF (CATH B+), launched on April 18, will seek to remove any stocks from the broader S&P 500 that don’t meet certain qualifications as defined by the United States Conference of Catholic Bishops (U.S. CCB). This excludes firms that engage in weapons development, child labor practices and abortion-related activities.

This isn’t the first time that an ETF issuer has tried to add a dose of religion into its funds. The defunct FaithShares offered four different Christian-based ETFs back in 2009, while Javelin Investment Management offered a Shariah-focused ETF. None of these funds managed to attract any sort of assets and were closed. However, Global X may have an ace up its sleeve as it’s a very established player in the ETF industry and has a pretty decent marketing budget.

Expenses for CATH run a cheap 0.29%.

Deutsche Bank Expands Its Lineup

Investment bank Deutsche Bank’s X-Trackers lineup of funds is pretty much ignored by investors. However, the line of ETFs is actually pretty darn impressive with regards to its smart-beta and currency-hedged products. The latest launch on April 19, the Deutsche X-Trackers FTSE Emerging Comprehensive Factor ETF (DEMG ), expands upon that impressive lineup.

DEMG is designed to provide core exposure to emerging markets. Like most smart-beta products, the fund will use various screens to create a portfolio designed to outperform standard indexes. The ETF will look for the five factors of quality, value, momentum, low volatility and size to build a portfolio of emerging-market stocks that should beat the market. Those five factors basically give investors growth and value in one package. And as expected, DEMG’s makeup doesn’t look like many normal emerging-market funds.

That could prove to be a real advantage for investors in the ETF and actually could lead to outperformance.

Expenses for DEMG run 0.50%.

» Popular Pages

  • Tickers
  • Articles

Jun 06

Ride Out Uncertain Markets With Nationwide ETFs

Jun 06

Top Performing Leveraged/Inverse ETFs: 06/04/2023

Jun 06

Value ETFs Have an Important Role to Play in Portfolios

Jun 06

Analyzing the Fed’s Data Dependency With RBA

Jun 06

Capitalize On Volatility With Direct Indexing

Jun 06

David Garff: A Tale of Two Conferences

Jun 06

PAA/PAGP: Free Cash Flow Adds Fuel to Distribution Growth

Jun 06

House of Representatives Reveals Cryptocurrency Regulation Bill

Jun 06

Widen Portfolio Reach With This International American Century ETF

Jun 05

The Diversified Approach to Investing in the AI Sector

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

JEPI

JPMorgan Equity Premium...

VTI

Vanguard Total Stock Market...

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

TLT

iShares 20+ Year Treasury...

BND

Vanguard Total Bond Market...

XLP

Consumer Staples Select...

BOTZ

Global X Robotics &...


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X