Sector ETFs

According to management consultant McKinsey & Company in a report issued on August 16, 2011, a new type of money market fund ETF might soon be a reality. In the past 10 years, according to the report, ETF assets have grown at over 30% per year per year. No other segment of the U.S. asset [...]

The ETF provider, Lyxor, indicated that the volume of ETFs and other exchange-traded products rose significantly last week by approximately 75% as investors looked to protect their money in money market ETFs. Due to recent market volatility, many investors have shifted out of fixed-income instruments and into equities funds reported Lyxor in its weekly market [...]

Rising oil prices have pushed up returns offered by energy based ETFs even as ETFs tracking crude oil prices have lagged behind. Prices are rising on account of political disturbance in Libya and East and North Africa and investors are preferring energy ETFs over oil based ETFs. Market forces prevent the latter from tracking the [...]

Global X Funds has launched the first ETF to focus on the Andean region – the Global X FTSE Andean 40 ETF. The ETF tracks an index composed of 40 biggest corporate organizations in South American countries Chile, Colombia and Peru. The top 10 companies make up more than 50% of the entire holdings of [...]

BlackRock, the ETF provider of the popular iShares brand, has just launched nine international sector ETFs that provide exposure to both developed and emerging markets. The new ETFs will trade on the NYSE Arca. The unique funds will track their respective MSCI All Country World ex USA sector index and carry a 0.48% expense ratio, [...]

A new actively managed ETF is set to launch this week. Though many active ETFs have been introduced over the past several months, this one is the first of its kind. AdvisorShares will initiate trading on its new actively managed long/short ETF, which will aim to capture profits regardless of the market’s direction. Investors looking [...]

Through structured products, exchange-traded funds are earning another use by the banking industry. Normally centered on popular indexes, structured products can better track returns with exchange-traded funds. Two banks, Bank of America and Credit Suisse, both issued notes this week using exchange-traded funds as their underlying indexes. Bank of America launched a two-year leveraged note [...]

Considered one of the most boring industries, utilities are emerging as one of the most interesting for the dividend investor. With the chance of capital gains and yields that beat treasuries, investors should give a second glance to utility ETFs. One utility ETF, the Utilities Select Sector SPDR exchange-traded fund (XLU: Quote, Profile, Advanced Chart, [...]

Rydex will close 12 of its leverage exchange-traded funds, saying farewell to an industry largely locked down by larger issuers Direxion and ProShares. The closures follow its acquisition by Guggenheim Capital. The twelve funds to be closed are: 1. Rydex 2X Russell 2000 (RRY) 2. Rydex Inverse 2X Russell 2000 (RMM) 3. Rydex 2X S&P [...]

While other sponsors are busy tending to a growth in fixed income ETFs, PowerShares is carving out a niche of its own in small cap funds. The issuer launched nine funds on Wednesday. The funds and their respective ticker symbols are as follows: 1. PowerShares S&P SmallCap Consumer Discretionary Portfolio (XLYS: Quote, Profile, Advanced Chart, [...]