Exchange traded product launches numbered 205 (193 ETFs and 12 ETNs) in 2014, a figure more or less in the middle of the range of the past nine years. Closures came in at 79, resulting in a net increase of 126 for the year. Product count increased by 8.2% to 1,662, and assets jumped by 17.8% to end the year at $2 trillion. Actively managed listings surged 78% with 56 new funds and just 2 closures to finish the year at 125.
We separate ETPs into nine major groups, and based on these divisions, international and global equity ETFs were the most prevalent type of new product in 2014. The 68 international and global equity funds accounted for nearly a third (33.2%) of the year’s 205 launches. Additionally, 10 of the bond fund launches targeted international debt securities, further solidifying 2014’s theme of investing outside of North America. Style and strategy ETFs were the second largest group of new products at 52. The prior year’s (2013) largest category, bond funds, came in third with 42 introductions. There were no new currency funds introduced, and 2014 marked the third year in a row without any new ETPs targeting volatility as an investment class. However, there were numerous products brought to market with currency hedging and low volatility factor strategies.
Quantities by broad categories for the 205 launches of 2014:
- 68 Global & International
- 52 Style & Strategy
- 42 Bond
- 23 Sector
- 11 Leveraged
- 6 Commodity
- 3 Inverse
- 0 Currency
- 0 Volatility
Slicing the data differently can help identify industry trends. Last year might be called the year of actively managed ETFs with 56 launches, and there are now 125 ETFs fitting that description. The category still only accounts for 7.5% of listed products, but it grabbed a 27.3% share of new product launches. Another theme in 2014 was the use of hedging strategies by 29 of the new products. This is a carry-over and strengthening of the 2013 trend when 23 ETPs employing hedging came to market. The majority of these products hedge their currency exposure, a feature that improves performance when the underlying currencies lose strength to the U.S. dollar as they did in 2014.
Master Limited Partnerships (”MLPs”) continue to see product growth with seven MLP ETPs coming to market in 2014. Only two chose to use the dreaded C-Corporation structure, as investors become more aware of the severe performance degradations resulting from double-taxation of tax-efficient MLPs. Eighteen new products use a fund-of-funds structure, where the primary holdings are other ETFs and ETNs. This is often a more efficient way to execute actively managed strategies.
Smart beta, or alternative beta, was a widely discussed trend in 2014. In its simplest form, alternative beta products are defined as those using something other than a traditional capitalization weighting methodology. You might also hear them referred to as products breaking the link between security price and weighting. More than a quarter of all the product launches in 2014 easily fit this definition. We have not refined our alternative beta classification methodology yet and don’t have an exact count. ETFs based on ‘quality’ and ‘volatility’ factors were popular forms of alternative beta during the year.
New launches with unique features:
- 56 Actively Managed ETFs
- 55+ Alternative Beta
- 29 Hedged
- 28 Dividend (including MLP ETPs)
- 18 Fund-of-Funds
- 7 MLP
- 2 C-Corporations
As usual, BlackRock was the most prolific issuer, bringing out 29 new products under the iShares brand and pushing the year-end count to 299 iShares ETFs. Other notable sponsors with double-digit launches include State Street SPDRs with 20, First Trust with 15, and newcomer WBI with 10.
New products ending the year with the most assets included First Trust Dorsey Wright Focus 5 ETF (FV) $1.3 billion, UBS AG FI Enhanced large Cap Growth ETN (FBGX) $660 million, Credit Suisse FI Large Cap Growth Enhanced ETN (FLGE) $575 million, Vident Core U.S. Bond Strategy ETF (VBND) $370 million, and First Trust Eurozone AlphaDEX ETF (FEUZ) $340 million. Since funds launched in January had 12 times as many months as those launched in December to attract assets, the year-end asset levels do not necessarily reflect the fastest growing products.
The table below lists all 205 new products sorted by launch date, although you have the ability to sort on other columns. The IPO date is the first day the product was listed and available for purchase. The “first trade” may be a later date in some cases, as a few products did not have any first-day volume. Additionally, the “inception date” for many ETFs is often a meaningless date as it can be a day or more before the product actually becomes listed and available for purchase.
NEW ETFS AND ETNS IN 2014
# | Ticker | Name | Category | IPO Date | Notes |
---|---|---|---|---|---|
1 | FTHI | First Trust High Income | Style/Strat | 01/07/2014 | 1,4,5 |
2 | FTLB | First Trust Low Beta Income ETF | Style/Strat | 01/07/2014 | 1,4,5 |
3 | RDVY | First Trust NASDAQ Rising Dividend Achievers | Style/Strat | 01/07/2014 | 5 |
4 | IEMF | EGShares TCW EM Intermediate Term IG Bond | Bond | 01/08/2014 | |
5 | LEMF | EGShares TCW EM Long Term IG Bond | Bond | 01/08/2014 | |
6 | SEMF | EGShares TCW EM Short Term IG Bond | Bond | 01/08/2014 | |
7 | SYE | SPDR MFS Systematic Core Equity ETF | Style/Strat | 01/09/2014 | 1 |
8 | SYG | SPDR MFS Systematic Growth Equity ETF | Style/Strat | 01/09/2014 | 1 |
9 | SYV | SPDR MFS Systematic Value Equity ETF | Style/Strat | 01/09/2014 | 1 |
10 | SHYD | Market Vectors Short High-Yield Municipal | Bond | 01/14/2014 | |
11 | HOLD | AdvisorShares Sage Core Reserves ETF | Bond | 01/15/2014 | 1 |
12 | NYCC | PowerShares NYSE Century Portfolio | Style/Strat | 01/15/2014 | |
13 | EURZ | Direxion Daily FTSE Europe Bear 3x Shares | Inverse | 01/22/2014 | |
14 | EURL | Direxion Daily FTSE Europe Bull 3x Shares | Leveraged | 01/22/2014 | |
15 | VUSE | Vident Core U.S. Equity ETF | Style/Strat | 01/22/2014 | |
16 | DBAW | Deutsche X-trackers MSCI AW ex US Hedged | Global/Intl | 01/23/2014 | 4 |
17 | DBMX | Deutsche X-trackers MSCI Mexico Hedged | Global/Intl | 01/23/2014 | 4 |
18 | DBKO | Deutsche X-trackers MSCI South Korea Hedged | Global/Intl | 01/23/2014 | 4 |
19 | ZMLP | Direxion Zacks MLP High Income (C-Corp) | Sector | 01/23/2014 | 3,5 |
20 | QEM | Market Vectors MSCI Emg Mkts Quality | Global/Intl | 01/23/2014 | |
21 | QDEM | Market Vectors MSCI Emg Mkts Quality Div | Global/Intl | 01/23/2014 | 5 |
22 | QXUS | Market Vectors MSCI Intl Quality | Global/Intl | 01/23/2014 | |
23 | QDXU | Market Vectors MSCI Intl Quality Dividend | Global/Intl | 01/23/2014 | 5 |
24 | DI | PIMCO Diversified Income Active | Bond | 01/23/2014 | 1 |
25 | LDUR | PIMCO Low Duration Active | Bond | 01/23/2014 | 1 |
26 | HEFA | iShares Currency Hedged MSCI EAFE ETF | Global/Intl | 02/04/2014 | 2,4 |
27 | HEWG | iShares Currency Hedged MSCI Germany ETF | Global/Intl | 02/04/2014 | 2,4 |
28 | HEWJ | iShares Currency Hedged MSCI Japan ETF | Global/Intl | 02/04/2014 | 2,4 |
29 | TFLO | iShares Treasury Floating Rate Bond ETF | Bond | 02/04/2014 | |
30 | USFR | WisdomTree Bloomberg Floating Rate Trsy | Bond | 02/04/2014 | |
31 | IBMH | iShares iBonds Sep 2019 AMT-Free Muni Bond | Bond | 02/06/2014 | |
32 | GGBP | AdvisorShares Gartman Gold/British Pound | Commodity | 02/12/2014 | 1,4 |
33 | GEUR | AdvisorShares Gartman Gold/Euro | Commodity | 02/12/2014 | 1,4 |
34 | GYEN | AdvisorShares Gartman Gold/Yen | Commodity | 02/12/2014 | 1,4 |
35 | GLDE | AdvisorShares International Gold | Commodity | 02/12/2014 | 1,2,4 |
36 | EQLT | Workplace Equality Portfolio | Style/Strat | 02/25/2014 | |
37 | IEIL | iShares Enhanced International Large-Cap | Global/Intl | 02/27/2014 | 1 |
38 | IEIS | iShares Enhanced International Small-Cap | Global/Intl | 02/27/2014 | 1 |
39 | IPKW | PowerShares International BuyBack Achievers | Global/Intl | 02/27/2014 | |
40 | SIPE | SPDR Barclays 0-5 Year TIPS ETF | Bond | 02/27/2014 | |
41 | HKOR | Horizons Korea KOSPI 200 ETF | Global/Intl | 03/04/2014 | |
42 | YPRO | AdvisorShares YieldPro ETF | Bond | 03/05/2014 | 1 |
43 | KBA | KraneShares Bosera MSCI China A ETF | Global/Intl | 03/05/2014 | |
44 | FV | First Trust Dorsey Wright Focus 5 ETF | Style/Strat | 03/06/2014 | |
45 | AIRR | First Trust RBA Amer. Industrial Renaissance | Sector | 03/11/2014 | |
46 | QINC | First Trust RBA Quality Income ETF | Global/Intl | 03/11/2014 | 5 |
47 | GURI | Global X Guru International Index ETF | Global/Intl | 03/11/2014 | |
48 | GURX | Global X Guru Small Cap Index ETF | Style/Strat | 03/11/2014 | |
49 | GVAL | Cambria Global Value ETF | Global/Intl | 03/12/2014 | |
50 | IJNK | SPDR Barclays International High Yield Bond | Bond | 03/13/2014 | |
51 | SPLX | ETRACS Mthly Reset 2xLvgd S&P 500 TR ETN | Leveraged | 03/26/2014 | |
52 | TOLZ | ProShares DJ Brookfield Global Infrastructure | Global/Intl | 03/27/2014 | |
53 | EDOG | ALPS Emerging Sector Dividend Dogs ETF | Global/Intl | 03/28/2014 | 5 |
54 | DXJC | WisdomTree Japan Hedged Capital Goods | Sector | 04/08/2014 | 4 |
55 | DXJF | WisdomTree Japan Hedged Financials | Sector | 04/08/2014 | 4 |
56 | DXJH | WisdomTree Japan Hedged Health Care | Sector | 04/08/2014 | 4 |
57 | DXJR | WisdomTree Japan Hedged Real Estate | Sector | 04/08/2014 | 4 |
58 | DXJT | WisdomTree Japan Hedged Tech Med & Tel | Sector | 04/08/2014 | 4 |
59 | BARS | Direxion Daily Gold Bear 3x Shares | Inverse | 04/10/2014 | |
60 | BAR | Direxion Daily Gold Bull 3x Shares | Leveraged | 04/10/2014 | |
61 | BCHP | EGShares Blue Chip ETF | Global/Intl | 04/23/2014 | |
62 | OSMS | Barclays OFI SteelPath MLP ETN | Sector | 04/24/2014 | 5 |
63 | BYLD | iShares Yield Optimized Bond ETF | Bond | 04/24/2014 | 2 |
64 | CN | Deutsche X-trackers Hrv MSCI All China | Global/Intl | 04/30/2014 | |
65 | SUBD | Deutsche X-trackers Solactive IG Subrd Debt | Bond | 05/01/2014 | |
66 | QAT | iShares MSCI Qatar Capped ETF | Global/Intl | 05/01/2014 | |
67 | UAE | iShares MSCI UAE Capped ETF | Global/Intl | 05/01/2014 | |
68 | VRP | PowerShares Variable Rate Preferred | Style/Strat | 05/01/2014 | 5 |
69 | EUDG | WisdomTree Europe Dividend Growth | Global/Intl | 05/07/2014 | 5 |
70 | IHDG | WisdomTree Intl Hedged Dividend Growth | Global/Intl | 05/07/2014 | 5 |
71 | FMB | First Trust Managed Municipal | Bond | 05/15/2014 | 1 |
72 | OUNZ | Merk Gold Trust | Commodity | 05/16/2014 | |
73 | ASHS | Deutsche X-trackers Hrv CSI 500 China A Sml | Global/Intl | 05/21/2014 | |
74 | SPUU | Direxion Daily S&P 500 Bull 2x Shares | Leveraged | 05/28/2014 | |
75 | IBDF | iShares iBonds Dec 2016 Corporate Term | Bond | 05/29/2014 | |
76 | IBDH | iShares iBonds Dec 2018 Corporate Term | Bond | 05/29/2014 | |
77 | LQDH | iShares Interest Rate Hedged Corporate Bond | Bond | 05/29/2014 | 1,2,4 |
78 | HYGH | iShares Interest Rate Hedged High Yield Bond | Bond | 05/29/2014 | 1,2,4 |
79 | LALT | PowerShares Multi-Strategy Alternative | Style/Strat | 05/29/2014 | 1,4 |
80 | AXJV | iShares MSCI Asia ex Japan Minimum Vlty | Global/Intl | 06/05/2014 | |
81 | EUMV | iShares MSCI Europe Minimum Volatility | Global/Intl | 06/05/2014 | |
82 | JPMV | iShares MSCI Japan Minimum Volatility | Global/Intl | 06/05/2014 | |
83 | SMEZ | SPDR EURO STOXX Small Cap | Global/Intl | 06/05/2014 | |
84 | QEFA | SPDR MSCI EAFE Quality Mix | Global/Intl | 06/05/2014 | |
85 | QEMM | SPDR MSCI Emerging Markets Quality Mix | Global/Intl | 06/05/2014 | |
86 | QWLD | SPDR MSCI World Quality Mix | Global/Intl | 06/05/2014 | |
87 | FLGE | Credit Suisse FI Large Cap Growth Enh ETN | Leveraged | 06/11/2014 | |
88 | FMLP | ETRACS Wells Fargo MLP Ex-Energy ETN | Style/Strat | 06/11/2014 | 5 |
89 | FBGX | UBS AG FI Enhanced Large Cap Growth ETN | Leveraged | 06/11/2014 | |
90 | DGRO | iShares Core Dividend Growth | Style/Strat | 06/12/2014 | 5 |
91 | IEUR | iShares Core MSCI Europe | Global/Intl | 06/12/2014 | |
92 | IPAC | iShares Core MSCI Pacific | Global/Intl | 06/12/2014 | |
93 | IUSB | iShares Core Total USD Bond Market | Bond | 06/12/2014 | |
94 | QAUS | SPDR MSCI Australia Quality Mix | Global/Intl | 06/12/2014 | |
95 | QCAN | SPDR MSCI Canada Quality Mix | Global/Intl | 06/12/2014 | |
96 | QDEU | SPDR MSCI Germany Quality Mix | Global/Intl | 06/12/2014 | |
97 | QJPN | SPDR MSCI Japan Quality Mix | Global/Intl | 06/12/2014 | |
98 | QESP | SPDR MSCI Spain Quality Mix | Global/Intl | 06/12/2014 | |
99 | QGBR | SPDR MSCI United Kingdom Quality Mix | Global/Intl | 06/12/2014 | |
100 | JPGE | JPMorgan Diversified Return Global Equity | Global/Intl | 06/17/2014 | |
101 | LMLP | ETRACS Mthly Pay 2x WF MLP Ex-Engy ETN | Leveraged | 06/25/2014 | 5 |
102 | CFO | Compass EMP U.S. 500 Enh Volatility Wtd | Style/Strat | 07/02/2014 | |
103 | CFA | Compass EMP U.S. 500 Volatility Weighted | Style/Strat | 07/02/2014 | |
104 | CDC | Compass EMP U.S. Eq Inc 100 Enh Vlty Wtd | Style/Strat | 07/02/2014 | 5 |
105 | MULT | AdvisorShares Sunrise Global Multi-Strategy | Style/Strat | 07/09/2014 | 1,2,4 |
106 | WIL | Barclays Women in Leadership ETN | Style/Strat | 07/10/2014 | |
107 | HEZU | iShares Currency Hedged MSCI EMU | Global/Intl | 07/10/2014 | 2,4 |
108 | REET | iShares Global REIT | Sector | 07/10/2014 | |
109 | CFGE | Calamos Focused Growth | Style/Strat | 07/14/2014 | 1 |
110 | TAPR | Barclays Inverse U.S. Treasury Aggregate ETN | Inverse | 07/15/2014 | |
111 | SGDM | Sprott Gold Miners ETF | Sector | 07/15/2014 | |
112 | IFV | First Trust Dorsey Wright Intl Focus 5 | Global/Intl | 07/23/2014 | 2 |
113 | CNXT | Market Vectors ChinaAMC SME-ChiNext | Global/Intl | 07/24/2014 | |
114 | SYTL | Direxion Daily 7-10 Year Treasury Bull 2x | Leveraged | 07/29/2014 | |
115 | MDLL | Direxion Daily Mid Cap Bull 2x | Leveraged | 07/29/2014 | |
116 | SMLL | Direxion Daily Small Cap Bull 2x | Leveraged | 07/29/2014 | |
117 | YGRO | RBC Yorkville MLP Dist Growth Ldrs Liq PR ETN | Sector | 07/29/2014 | 5 |
118 | DIVI | AdvisorShares Athena High Dividend | Global/Intl | 07/30/2014 | 1,5 |
119 | CSF | Compass EMP U.S. Discovery 500 Enh VltyWtd | Style/Strat | 08/01/2014 | |
120 | IBLN | Direxion iBillionaire Index ETF | Style/Strat | 08/01/2014 | |
121 | FTSM | First Trust Enhanced Short Maturity ETF | Bond | 08/06/2014 | 1 |
122 | TYTE | ProShares CDS North American HY Credit | Bond | 08/07/2014 | 1 |
123 | WYDE | ProShares CDS Short North Amer HY Credit | Bond | 08/07/2014 | 1 |
124 | FDIV | First Trust Strategic Income ETF | Style/Strat | 08/14/2014 | 1,5 |
125 | IBMI | iShares iBonds Sep 2020 AMT-Free Muni Bond | Bond | 08/14/2014 | |
126 | EFAD | ProShares MSCI EAFE Dividend Growers | Global/Intl | 08/21/2014 | 5 |
127 | WBIE | WBI Large Cap Tactical Growth Shares | Style/Strat | 08/27/2014 | 1 |
128 | WBIL | WBI Large Cap Tactical Select Shares | Style/Strat | 08/27/2014 | 1 |
129 | WBIF | WBI Large Cap Tactical Value Shares | Style/Strat | 08/27/2014 | 1 |
130 | WBIG | WBI Large Cap Tactical Yield Shares | Style/Strat | 08/27/2014 | 1,5 |
131 | WBIA | WBI SMID Tactical Growth Shares | Style/Strat | 08/27/2014 | 1 |
132 | WBID | WBI SMID Tactical Select Shares | Style/Strat | 08/27/2014 | 1 |
133 | WBIB | WBI SMID Tactical Value Shares | Style/Strat | 08/27/2014 | 1 |
134 | WBIC | WBI SMID Tactical Yield Shares | Style/Strat | 08/27/2014 | 1,5 |
135 | WBIH | WBI Tactical High Income Shares | Style/Strat | 08/27/2014 | 1,5 |
136 | WBII | WBI Tactical Income Shares | Style/Strat | 08/27/2014 | 1,5 |
137 | MBSD | FlexShares Disciplined Duration MBS Index | Bond | 09/04/2014 | |
138 | FTLS | First Trust Long/Short Equity ETF | Style/Strat | 09/09/2014 | 1,4 |
139 | LDRI | PowerShares LadderRite 0-5 Year Corp Bond | Bond | 09/10/2014 | |
140 | RORO | SPDR SSgA Risk Aware ETF | Style/Strat | 09/10/2014 | 1 |
141 | RODI | Barclays Return on Disability ETN | Style/Strat | 09/11/2014 | |
142 | DIVC | C-Tracks Miller/Howard Strat Div Reinvst ETN | Style/Strat | 09/16/2014 | 5 |
143 | TOFR | Stock Split Index Fund | Style/Strat | 09/16/2014 | |
144 | BSJL | Guggenheim BulletShares 2021 HY Corp Bond | Bond | 09/17/2014 | |
145 | BSJM | Guggenheim BulletShares 2022 HY Corp Bond | Bond | 09/17/2014 | |
146 | BSCN | Guggenheim BulletShares 2023 Corp Bond | Bond | 09/17/2014 | |
147 | BSCO | Guggenheim BulletShares 2024 Corp Bond | Bond | 09/17/2014 | |
148 | QMEX | SPDR MSCI Mexico Quality Mix ETF | Global/Intl | 09/18/2014 | |
149 | QKOR | SPDR MSCI South Korea Quality Mix ETF | Global/Intl | 09/18/2014 | |
150 | QTWN | SPDR MSCI Taiwan Quality Mix ETF | Global/Intl | 09/18/2014 | |
151 | DVP | Deep Value ETF | Style/Strat | 09/23/2014 | |
152 | ESTX | Source EURO STOXX 50 ETF | Global/Intl | 09/23/2014 | |
153 | HEEM | iShares Currency Hedged MSCI Emerg Mkts | Global/Intl | 09/25/2014 | 2,4 |
154 | EMRE | Guggenheim Emerging Markets Real Estate | Sector | 09/29/2014 | |
155 | ARKQ | ARK Industrial Innovation ETF | Sector | 09/30/2014 | 1 |
156 | ARKW | ARK Web x.0 ETF | Sector | 09/30/2014 | 1 |
157 | DWAT | Arrow DWA Tactical ETF | Style/Strat | 10/01/2014 | 1,2,4 |
158 | CIZ | Compass EMP Developed 500 Enh Vlty Wtd | Global/Intl | 10/01/2014 | |
159 | HDLV | ETRACS Mthly Pay 2xUS HighDiv Low Vlty ETN | Leveraged | 10/01/2014 | 5 |
160 | FIA | Falah Russell-IdealRatings U.S. Large Cap | Style/Strat | 10/02/2014 | |
161 | AMZA | InfraCap MLP ETF (C-Corp) | Sector | 10/02/2014 | 1,3,5 |
162 | FUTS | ProShares Managed Futures Strategy | Style/Strat | 10/02/2014 | 4 |
163 | IPOS | Renaissance International IPO ETF | Global/Intl | 10/07/2014 | |
164 | FCOR | Fidelity Corporate Bond ETF | Bond | 10/09/2014 | 1 |
165 | FLTB | Fidelity Limited Term Bond ETF | Bond | 10/09/2014 | 1 |
166 | FBND | Fidelity Total Bond ETF | Bond | 10/09/2014 | 1 |
167 | ALTS | ProShares Morningstar Alternatives Solution | Style/Strat | 10/09/2014 | 2,4 |
168 | COMT | iShares Commodities Select Strategy ETF | Sector | 10/16/2014 | 1 |
169 | EMHZ | iShares MSCI Emerging Markets Horizon ETF | Global/Intl | 10/16/2014 | |
170 | VBND | Vident Core U.S. Bond Strategy ETF | Bond | 10/16/2014 | |
171 | FEUZ | First Trust Eurozone AlphaDEX ETF | Global/Intl | 10/22/2014 | |
172 | QVAL | ValueShares U.S. Quantitative Value ETF | Style/Strat | 10/22/2014 | 1 |
173 | EFFE | Global X JPMorgan Efficiente | Style/Strat | 10/23/2014 | 2 |
174 | SCTO | Global X JPMorgan US Sector Rotator | Style/Strat | 10/23/2014 | 2 |
175 | DAX | Recon Capital DAX Germany ETF | Global/Intl | 10/23/2014 | |
176 | STXX | ALPS STOXX Europe 600 ETF | Global/Intl | 10/31/2014 | |
177 | ARKG | ARK Genomic Revolution Multi-Sector ETF | Sector | 10/31/2014 | 1 |
178 | ARKK | ARK Innovation ETF | Style/Strat | 10/31/2014 | 1 |
179 | GMOM | Cambria Global Momentum ETF | Global/Intl | 11/04/2014 | 1,2 |
180 | FEMB | First Trust Emerging Markets Local Bond ETF | Bond | 11/05/2014 | 1 |
181 | FPXI | First Trust International IPO ETF | Global/Intl | 11/05/2014 | |
182 | LMBS | First Trust Low Duration Mortgage Opp | Bond | 11/05/2014 | 1 |
183 | JPIN | JPMorgan Diversified Return International Eq | Global/Intl | 11/07/2014 | |
184 | PDBC | PowerShares DB Opt Yld Divers Cmmdty Strat | Commodity | 11/07/2014 | 1 |
185 | CBON | Market Vectors ChinaAMC China Bond ETF | Bond | 11/11/2014 | |
186 | HACK | PureFunds ISE Cyber Security ETF | Sector | 11/12/2014 | |
187 | EMQQ | Emerging Markets Internet and Ecommerce | Sector | 11/13/2014 | |
188 | SKOR | FlexShares Credit-Scored US Corporate Bond | Bond | 11/13/2014 | |
189 | CHNB | Global X China Bond ETF | Bond | 11/19/2014 | |
190 | LOWC | SPDR MSCI ACWI Low Carbon Target ETF | Global/Intl | 11/26/2014 | |
191 | MLPO | Credit Suisse S&P MLP Index ETN | Sector | 12/03/2014 | 5 |
192 | VQTS | ETRACS S&P 500 VEQTOR Switch Index ETN | Style/Strat | 12/03/2014 | 4 |
193 | KCNY | KraneShares E Fund China Commercial Paper | Bond | 12/03/2014 | |
194 | IBDL | iShares iBonds Dec 2020 Corporate ETF | Bond | 12/04/2014 | |
195 | CRBN | iShares MSCI ACWI Low Carbon Target ETF | Global/Intl | 12/09/2014 | |
196 | GAA | Cambria Global Asset Allocation ETF | Style/Strat | 12/10/2014 | |
197 | DBEZ | Deutsche X-trackers MSCI EMU Hedged Equity | Global/Intl | 12/10/2014 | 4 |
198 | VALX | Validea Market Legends ETF | Global/Intl | 12/10/2014 | 1 |
199 | XSOE | WisdomTree Emg Mktss ex-State-Owned Ent | Global/Intl | 12/10/2014 | |
200 | BBC | BioShares Biotechnology Clinical Trials | Sector | 12/17/2014 | |
201 | BBP | BioShares Biotechnology Products | Sector | 12/17/2014 | |
202 | IVAL | ValueShares International Quantitative Value | Global/Intl | 12/17/2014 | 1 |
203 | DIVY | Reality Shares DIVS ETF | Style/Strat | 12/18/2014 | 1,5 |
204 | EQAL | PowerShares Russell 1000 Equal Weight | Style/Strat | 12/23/2014 | |
205 | SBIO | ALPS Medical Breakthroughs ETF | Sector | 12/31/2014 |
Notes: 1) actively managed, 2) fund-of-funds, 3) structured as a C-Corporation, 4) employs hedging, 5) dividend focus. All exchange traded notes are identified with “ETN” as part of their name description.