Global X Introduces First Emerging Markets Growth and Value ETFs
Global X yesterday (1/25/11) launched two new ETFs targeting the growth and value segments of emerging markets: Global X Russell Emerging Markets Growth ETF (EMGX) and Global X Russell Emerging Markets Value ETF (EMVX). The underlying Russell indexes include only the largest stocks (MegaCaps) from the...
5 ETFs to Avoid in 2011
Every year when the calendar rolls over, investment publications like to run stories about stock and fund picks for the coming year. Investor’s Business Daily took a different approach in a January 18 article entitled Five ETFs That Strategists Say Should Be Avoided. I was one of the strategists...
AGOL: Now You Can Buy Gold Stored in Singapore
ETFS Physical Asian Gold Shares (AGOL), the latest offering from London-based ETF Securities, began trading last Friday (1/14/11). It will custody its physical gold bullion with JP Morgan Chase Bank in secure LBMA (London Bullion Market Association) approved vaults in Singapore. Each share represents...
Schwab Expands Domestic ETF Offerings With REITs and Mid-Caps
Schwab expanded its ETF line-up last Thursday (1/13/11) with the addition of Schwab U.S. REIT ETF (SCHH) and Schwab U.S. Mid-Cap ETF (SCHM). Both have low expense ratios of 0.13% and will have commission-free trading for Schwab customers. Schwab is not showing any signs of fear as it prepares for broad...
EWAC: The Whole World, Equally Weighted
Following up on last month’s launch of five new equal weight ETFs, Rydex yesterday (1/12/11) introduced the Rydex MSCI All Country World Equal Weight ETF (EWAC). The new fund seeks to track, before fees and expenses, the price and yield performance of the MSCI All Country World (ACWI) Equal Weighted...
ETF Deathwatch for January 2011
The quantity of exchange-traded products (ETPs) on ETF Deathwatch increased to 143 (106 ETFs and 37 ETNs) as we enter 2011. This is the first list based on the new ETF Deathwatch criteria, which is intended to help stabilize the constituents from month to month. Even though we now exclude products...
WisdomTree Launches S&P DTI Index ETF
Nearly four years ago, Rydex|SGI Managed Futures Strategy (RYMFX), a fund designed to track the S&P Diversified Trends Indicator (S&P DTI Index) arrived on the scene. Earlier this week (1/5/11), WisdomTree launched the first ETF to target the S&P DTI – WisdomTree Managed Futures Strategy...
Global X Launches Aluminum Producers ETF
It’s not an aluminum fund – it’s an aluminum producers fund. Global X Aluminum ETF (ALUM) began trading 1/5/11, becoming the first ETF to target the stocks of companies involved in the aluminum industry. According to the press release, the underlying index is the Solactive Global Aluminum Index,...
ProShares Introduces Volatility Futures in an ETF
Prior to January 4, ETNs (exchange-traded notes) were the only way to get exposure to VIX volatility futures via an exchange-traded product (ETP). Now, ProShares provides access in the more desirable ETF format with ProShares VIX Short-Term Futures (VIXY) and ProShares VIX Mid-Term Futures (VIXM)...
ETF Stats for December 2010: 1,099 and $1 Trillion
The total quantity of new product introductions in 2010 was 223, consisting of 180 ETFs and 43 ETNs. There were 49 closures during the year, putting the net increase of listings for 2010 at 174 (131 ETFs and 43 ETNs). 2010 enters the history books as the year with the third largest number of new introductions,...
