ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • 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
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • 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 Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. This Week’s ETF Launches: Following Smart Money, Going Global & Taking a Bite
News
Share

This Week’s ETF Launches: Following Smart Money, Going Global & Taking a Bite

Aaron LevittNov 16, 2016
2016-11-16

After a relatively quiet period, launch activity in the exchange-traded fund (ETF) space has quickly gained pace coming into the finally weeks of the year. That quickening of launch activity is due to both the sheer number of funds and the variety of new ETFs hitting the tape.

This week was no exception to that fact. The funds launched cover a wide range of asset classes, themes and nations. In the end, investors continue to benefit from the diversity of new products.

For a list of all new ETF launches, take a look at our ETF Launch Center.

TickerNameIssuerETFdb CategoryExpense Ratio
(DHDG B)WisdomTree Dynamic Currency Hedged International Quality Dividend Growth FundWisdomTreeForeign Large Cap Equities0.48%
(GVIP C)Goldman Sachs Hedge Industry VIP ETFGoldman SachsLarge Cap Blend Equities0.45%
(FLEU B)Barclays ETN+ FI Enhanced Europe 50 ETN, Series BBarclay’s BankEurope Equities0.76%
(MENU )USCF Restaurant Leaders FundOppenheimerConsumer Discretionary Equities0.65%


Content continues below advertisement

WisdomTree Gets Dynamic

Fund sponsor WisdomTree has really made a name for itself with its currency hedged products. It was one of the first firms to recognize the ability of currency movements to hinder returns for foreign/international stock and bonds. ETFs like WisdomTree Japan Hedged Equity Fund (DXJ B-) have become immensely popular as investors look to hedge rising dollar risk away. However, ETFs like DXJ only tell half the story. That story is only if the dollar is rising.

In order to help protect against a falling dollar, dynamic currency hedged products can change how they interact with the dollar – up or down. This provides investors a one-stop shop for international exposure. The latest product from WisdomTree adds a touch of dividend growth to that equation.

Despite its long name, the basics behind WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund (DHDG B) are quite simple. The fund tracks those developed market international firms with histories of growing their dividend payments over time. The fund also screens those firms’ various quality fundamentals, such as good earnings growth, low debts and low valuations. This is designed to make sure those dividends keep growing into the future. Finally, DHDG will dynamically hedge the multitude of local currencies in its holdings against the dollar. This allows investors to ensure “real” stock gains and take the dollar out of the equation in any environment.

Ultimately, DHDG can serve as a core international holding for investors. Expenses are cheap as well. The new fund will only charge 0.48%, or $48 per $10,000 invested.

You can search the entire ETF universe using our ETF Screener Tool. Filter ETFs using criteria such as asset class, sector, region, liquidity and expenses, just to name a few.

Smart Money Follows Smart Money

Venerable investment bank and asset manager Goldman Sachs has quickly become one of the best new sponsors of ETFs in recent years. The vast bulk of its holdings have focused on smart-beta indexing. This time, its new ETF focuses on something very familiar to its heart – the hedge fund industry.

The Goldman Sachs Hedge Industry VIP ETF (GVIP C) will follow smart money, literally. The ETF will invest in stocks that hedge funds, institutional investors and other gurus own. GVIP will search through various funds 13F filings with the Securities and Exchange Commission and buy the ones that appear the most frequently or “in very important positions.” The index holds 50 companies that are equal dollar-weighted when the index is rebalanced.

It should be noted that GVIP’s prospectus specifically states that the fund is not a hedge fund replication strategy. However, it could be an interesting indexed way to generate some additional alpha for a portfolio. Expenses run just 0.45%.

Want more Hedge Fund ETF action? Check out The 10 Hedge Fund Strategy ETFs You Should Consider.

Fisher Adds Another Bespoke ETN

Bank Barclay’s iPath lineup of ETNs are pretty popular, but its lineup of ETN+ notes are not. However, it is here that asset manager Fisher Investments has chosen to partner with the bank in order to create various bespoke ETNs to serve its clients. The Barclays ETN+ FI Enhanced Europe 50 ETN, Series B (FLEU B) is the latest example of that. The ETN provides 2x the exposure of the 50 large-cap European stocks screened for various fundamentals.

Anybody can own the ETN. However, the vast bulk of FLEU’s assets and shareholders will be Fisher Investments own clients. Trading volumes – as with their other bespoke funds – have been limited as these were created for a very specific set of people and purposes. Most investors will be better suited elsewhere. Expenses run 0.76%.

Another Restaurant ETF

This week, investors get another tasty ETF. The USCF Restaurant Leaders Fund will take on the previously launched Restaurant ETF (BITE ) for coverage of the sector.

MENU will follow the Restaurant Leaders INDXX Index. This underlying index specifically overweights those firms in the Quick Serve category and screens the universe for fundamental qualities expected to lead to outperformance. It does hold some full-service names, but the majority of the ETF are in fast food stocks. MENU can also hold small-, mid- and large-capitalization companies. The ETF is also globally diversified.

Expenses for the fund run 0.65%, which is cheaper than its rival BITE.

The Bottom Line

This week’s set of launches continues to highlight the evolution and direction of ETFs. In the end, investors now have four new funds to help build out their portfolios. And they may want to consider them, considering those new sectors and ideas that they tackle.

For more ETF news and analysis, subscribe to our free newsletter.

» Popular Pages

  • Tickers
  • Articles

Jan 31

Confluence Asset Allocation Quarterly Q1 2023

Jan 31

Embrace a “Dividend Decade” in a Quality Dividend ETF

Jan 31

ETF Prime: Disruptive Tech and International Stocks

Jan 31

Emerging Markets Ex China ETF Launched by Strive

Jan 31

QINT Catches Eyes With Quality International Equities

Jan 31

Investors Look to Equal-Weight and Quality Factors

Jan 31

Bonds Facing a Better Year: Capture With BNDI

Jan 31

Top Performing Leveraged/Inverse ETFs: 01/29/2023

Jan 31

Use SNPV & SNPE to Invest in GM’s EV Acceleration

Jan 31

Canada ETF FLCA Poised to Profit From Geopolitics

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

SMH

VanEck Semiconductor ETF

XLK

Technology Select Sector SPDR...

VTI

Vanguard Total Stock Market...

SOXX

iShares Semiconductor ETF

BLOK

Amplify Transformational Data...

META

Roundhill Ball Metaverse ETF


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

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