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: Shiny Silver, Small Stocks & Shorter Bonds
News
Share

This Week’s ETF Launches: Shiny Silver, Small Stocks & Shorter Bonds

Aaron LevittSep 14, 2016
2016-09-14

Coming off the Labor Day holiday, exchange-traded funds’ (ETFs) issuers were quite busy. This week we saw four launches from such providers as BlackRock’s iShares, Direxion and venerable investment bank Goldman Sachs. Each of the four launches touched on some new and interesting segments of the overall market. Once again, investors continue to have plenty of choices when crafting their portfolios. Here’s a look at the four ETFs hitting the tape.

Here’s a look at the four ETFs hitting the tape.

Direxion Daily Silver Miners Index Bull 2X Shares (SHNY ) and Direxion Daily Silver Miners Index Bear 2X Shares (DULL ). Goldman Sachs TreasuryAccess 0-1 Year ETF (GBIL B). iShares Edge MSCI Min Vol USA Small-Cap ETF (SMMV A+)

TickerNameIssuerETFdb CategoryExpense Ratio
(SHNY )Direxion Daily Silver Miners Index Bull 2X SharesDirexionLeveraged Equities0.80%
(DULL )Direxion Daily Silver Miners Index Bull 2X SharesDirexionInverse Equities0.80%
(GBIL B)Goldman Sachs TreasuryAccess 0-1 Year ETFGoldman SachsGovernment Bonds0.14%
(SMMV A+)iShares Edge MSCI Min Vol USA Small-Cap ETFiSharesSmall-cap Blend Equities0.20%


Content continues below advertisement

Direxion Bets Big on Silver

Leveraged, inverse and alternatives ETF issuer Direxion continued to expand its line up of funds this week with two launches targeted at precious metals traders. Surprisingly, silver hasn’t received much attention from the ETF sponsor before. Its gold funds, like the Daily Gold Miners Index Bull 3x Shares (NUGT B-), remain immensely popular with investors and traders.

Looking to capture a similar spark and plug the hole in its line up, Direxion launched the Direxion Daily Silver Miners Index Bull 2X Shares (SHNY ) and Direxion Daily Silver Miners Index Bear 2X Shares (DULL ) on September 8.

Like many of Direxion’s products, both SHNY and DULL will track an index made popular by another ‘regular’ ETF on the market – in this case, the Solactive Global Silver Miners Index. The index is a measure of the largest and most liquid miners from across the world that receive the bulk of their revenues from silver mining or silver-related activities. SHNY will provide 2x the daily exposure of the index, while DULL will allow investors to short silver miners by delivering inverse daily exposure to the index’s returns.

Interesting to note is that SHNY follows the firm’s recent trend of only doing 2x leveraged products. The perceived future regulation risks has Direxion scaling back its leveraged ETF efforts in an attempt to prevent a ban on its funds.

Expenses for the ETFs cost just 0.80%, or $80 per $10,000 invested.

Goldman Goes Short-Term

Since entering the ETF arena just a few quarters ago, Goldman Sachs has actually become a big-time player. Several of its funds have ballooned in assets, and its various smart-beta products seem to be delivering on their promises. Its new ETF will take a different approach and was most likely created as a client-demand product.

The duality of rising interest rates and low current rates is throwing many income investors for a loop. Goldman is offering a solution with its Goldman Sachs TreasuryAccess 0-1 Year ETF (GBIL B).

GBIL through its index, the Citi US Treasury 0-1 Year Composite Select Index, will bet on U.S. Treasury bonds with maturities of less than 12 months. The idea is that these bonds are yielding more than a bank account, but still offer quick access to rising interest rates. Investors can get better and safer income today, while still protecting themselves for tomorrow.

Products like PIMCO’s Enhanced Short Maturity Active Exchange-Traded Fund (MINT A-) follow a similar vein and have become popular cash-management products. Goldman hopes to cash in on some of that excitement. The kicker for GBIL is that it will only cost a rock-bottom 0.14% in expenses.

iShares Rounds out Low-Volatility Offerings

Finally, the week’s last launch comes from iShares. With volatility continuing to rear its ugly head, the firm has expanded on its low-volatility offerings with the iShares Edge MSCI Min Vol USA Small-Cap ETF (SMMV A+).

Under its rebranded iShares Edge smart-beta line, SMMV plugs a hole in its low-volatility offerings. The ETF will track the MSCI USA Small Cap Minimum Volatility (USD) Index. The index is a measure of all the small-cap stocks in the U.S. that exhibit lower volatility than the overall market. This should help to eliminate the jumpiness of the small-cap sector. With SMMV, investors now have the full range of asset classes, regions and market segments that can be exploited with a low-beta twist.

Expenses run at just 0.20%.

The Bottom Line

ETF sponsors continue to fill the gaps with their respective line ups. In the end, that’ll help investors hone in on more opportunities and craft better portfolios over the long haul. This week’s new issued certainly deliver on that front.

» Popular Pages

  • Tickers
  • Articles

Jun 09

Overweight Exposure to Night Sessions Bridges the Return Gap

Jun 09

3 Societal Drivers Pushing Automation Adoption

Jun 09

NYSE’s ETF Leaders: Mark Zeitoun of Columbia Threadneedle

Jun 09

This Active Real Estate ETF Nears a Key Buy Signal

Jun 09

Low Volatility Factor Index Rebalances, Impacting Sector Weights

Jun 09

How Clients Saving for Retirement Can Benefit From Higher Interest Rates

Jun 09

VettaFi Voices On: Investing in Emerging Markets

Jun 09

Traders Could Use Google as an Alternate Play on AI

Jun 09

Consider CVIE as Case for International Stocks Perks Up

Jun 09

Crypto Industry Needs to Up ESG Game to Attract More Investors

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

IYW

iShares U.S. Technology ETF

VGT

Vanguard Information...

VOO

Vanguard S&P 500 ETF

XLK

Technology Select Sector SPDR...

BOTZ

Global X Robotics &...

JEPI

JPMorgan Equity Premium...

SCHD

Schwab US Dividend Equity ETF...

SMH

VanEck Semiconductor ETF


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