Features and News
Global X Rolls Out Waste Management ETF
Global X rolls out another niche strategy that competes with Van Eck, this one focused on trash.
ETF Report
Is It Getting Easier To Be Green Again?
Renewable energy ETFs were all the hype in the summer of 2008; crude oil prices topped $140 a barrel and investors searched for alternatives. The hype didn’t last, however. Crude prices crashed to the mid-$30s during the financial crisis later that year. The two largest green energy ETFs at the time, the PowerShares WilderHill Clean Energy ETF (NYSE Arca: PBW) and the Market Vectors Global Alternative Energy ETF (NYSE Arca: GEX), both plummeted over 70 percent in share price. PBW’s assets under management (AUM) also fell, from $1.5 billion to under $500 million, while GEX’s AUM fell from $300 million to under $32 million.
Features and News
McCall’s Call: Japan Disaster And ETFs
To sell or to buy in the wake of the worst earthquake in Japan’s history?
Features and News
Global X Details Country, Niche ETFs
Global X, the New York-based exchange-traded fund firm known for its developing-market and natural resources funds, filed paperwork to market 12 ETFs, including country-specific strategies, dividend-seeking ETFs as well as off-the-beaten-path funds such as a potash ETF.
Journal Of Indexes
AROUND THE WORLD OF ETFs
Rydex Adds To Equal-Weighted Lineup
Rydex greatly expanded its lineup of equal-weighted ETFs in December and January with the launches of six ETFs tracking equal-weighted versions of popular indexes. The firm already offered 10 ETFs using an equal-weighted approach, the largest of which is the Rydex S&P Equal Weight ETF (NYSE Arca: RSP), with more than $3 billion in assets under management.
The new funds and their expense ratios are:
Features and News
Energy ETFs Look Prospective, S&P Says
Rising oil prices and growth make energy ETFs worth looking at—for now.