International ETFs, the Big Seven
With the economy still showing concern in the U.S. and job rates still high, many investors are looking at equity investments outside the US. One of the easiest ways of investing internationally is with Exchange-Traded Funds or ETFs. Of the roughly 1,500 ETFs available to trade, there are 7 large ones that focus on international markets.
KBW Restructuring ETF Financial Sector Index
Keefe, Bruyette, and Woods, Inc (KBW) is a firm that concentrates on the financial sector and represents ETF indices in Banking, Regional Banking, Capital Markets, Insurance, and Mortgage Finance. KBW has disclosed upcoming changes to its Financial Sector Dividend Yield Index (KDX – ETF symbol: KBWD). The press release reports that the index will delete [...]
First Cloud Computing ETF Floats onto the Scene
The first cloud computing ETF is ready to begin trading July 6, 2011 on the NASDAQ Stock Market. First Trust Advisors L.P. will sponsor the new fund, known as First Trust ISE Cloud Computing Index Fund (ticker: SKYY). According to the press release, SKYY will track the ISE Cloud Computing Index, which was developed by [...]
Direxion Adds Five New Leveraged ETFs to its Lineup
Direxion Funds, one of the leading issuers of leveraged ETFs, has expanded its lineup with the launch of five new funds. Four of the five new ETFs are designed to leverage 300% of the daily performance (or 300% of the inverse) of the Materials and Healthcare industries, which are both said to be currently trading [...]
New SuperDividend ETF Debuts with Massive Volume
The Global X SuperDividend ETF (NYSE Arca: SDIV) from Global X Funds, which began trading last week, came out of the gates with a roar. The first day of trading for the fund ranked near the top of all newly released ETFs this year. The press release explains that in the first day (of trading [...]
International High Yield Dividend ETF Launched
Investors now have access to higher-yielding companies in commodity-rich Australia, Brazil and Canada with the release of a new ETF from Guggenheim Funds Distributors, Inc. The new international fund, identified in the press release as Guggenheim ABC High Dividend (NYSE Arca: ABCS), will track the BNY Mellon ABC Index made up of 30 of the [...]
New Fertilizer ETF Debuts
Global demand for food is on the rise, and as a result, demand within the fertilizer industry has strengthened. Investors now have the ability to easily track the performance of this fertilizer industry with the release of another new ETF from Global X Funds, known as Global X Fertilizers/Potash ETF (ticker: SOIL). SOIL is the [...]
First Canada Preferred ETF Unveiled
For the first time, investors now have the ability to follow the performance of preferred stock issuing companies in Canada. Global X Funds has just released a new ETF known as Global X Canada Preferred ETF (ticker: CNPF). According to Bruno del Ama, chief executive officer of Global X Funds, “CNPF provides a relatively efficient [...]
First Automobile Manufacturing ETF Drives onto the Scene
The first automobile manufacturing ETF gets the green light to begin trading May 10, 2011 on the NASDAQ Stock Market. First Trust Advisors L.P. will sponsor the new fund, known as First Trust NASDAQ Global Auto Index Fund (ticker: CARZ). According to the press release, CARZ will track the NASDAQ OMX Global Auto Index, which [...]
Two New S&P Related ETFs Launched
Low volatility and high beta access to the S&P 500 index is now a reality with the listing of two new ETFs from Invesco PowerShares. The press release identifies the two new funds as PowerShares S&P 500 Low Volatility Portfolio (ticker: SPLV) and PowerShares S&P 500 High Beta Portfolio (ticker: SPHB). SPLV’s underlying index consists [...]
