Nine More ETFs Emerge
The second wave of product launches for 2012 contains a pair of “breakeven inflation rate” ETFs, a small-cap emerging Asia-Pacific fund, two low volatility ETFs targeting emerging and developed international markets, new ETFs targeting the regional emerging markets of Latin America and EMEA, an actively-managed...
First Seven New ETFs of 2012
Although 2011 produced a record number 308 new exchange traded product offerings and 2012 gets underway with a record 268 names on ETF Deathwatch, ETF sponsors continue rolling out more. Among the first listings of 2012 were three “volatility response” ETFs from Direxion, which attempt to achieve...
Complete List of 308 New ETPs for 2011
Exchange-traded product launches numbered 308 in 2011, the largest on record. The quantity surpassed the previous record of 291 introductions set in 2007. New products in 2011 consisted of 231 ETFs and 77 ETNs. Despite the large amount of media attention regarding actively managed ETFs, only five...
Van Eck Launches New ETFs To Replace Six Delisted HOLDRS
Van Eck Global rolled out six Market Vector ETFs on December 21, 2011 that began trading as newly-listed issues on NYSE Arca. The new ETFs will use the same ticker symbols as six similar Merrill Lynch HOLDRS products that were delisted the prior day. About two-thirds of the outstanding HOLDRS shares...
RBS Extends Trendpilot Concept to NASDAQ 100
Royal Bank of Scotland (“RBS”) introduced a new member of its Trendpilot exchange-traded notes (“ETNs”) line on December 13, 2011. The RBS NASDAQ 100 Trendpilot ETN (TNDQ) is linked to a systematic trend-following strategy. The methodology tracks the NASDAQ 100 Index when above its 100-day...
GREK Gets You To The Greek
Earlier this month (12/8/2011) Global X Funds launched the first US-listed ETF targeting Greece. Global X FTSE Greece 20 ETF (GREK) is based on the FTSE/ATHEX 20 Capped Index of the top 20 Athens Exchange-listed companies ranked by full market capitalization. We all know Greece has its problems. ...
Direxion Launches Two Insider ETFs: KNOW and INSD
Two new Direxion ETFs, both launched December 8, 2011, try to give investors access to the stocks corporate insiders are accumulating. The Direxion All Cap Insider Sentiment Shares ETF (KNOW) is based on the Sabrient Multi-Cap Insider/Analyst Quant-Weighted Index and the Direxion Large Cap Insider...
Inflation/Deflation ETN Pair Available from PowerShares
PowerShares DB US Inflation ETN (INFL) and PowerShares DB US Deflation ETN (DEFL) began trading December 6, 2011. They claim to be the first exchange-traded products offering direct exposure to US inflation/deflation expectations, i.e. the spread between Treasury Inflation-Protected Securities (TIPS)...
Global X Introduces ETFs Of New NASDAQ Indexes
Global X Funds launched two new products on December 6: Global X NASDAQ 500 ETF (QQQV) and Global X NASDAQ 400 Mid Cap ETF (QQQM). The underlying indexes are also new. The NASDAQ 500 Index is capitalization-weighted and consists of the 500 largest domestic and international non-financial securities...
Two New SPDR Bond ETFs Extend Lineup
State Street Global Advisors rolled out two fixed income ETFs on December 1. SPDR Barclays Capital Investment Grade Floating Rate ETF (FLRN) and SPDR Barclays Capital Short Term Treasury ETF (SST) help round out the SPDR bond fund offerings, but don’t offer anything new or innovative. SPDR Barclays...
