## [# ETF Odds & Ends: WisdomTree Adds Battery Fund ](/sections/daily-etf-watch/etf-odds-ends-wisdomtree-adds-battery-fund)
# ETF Odds & Ends: WisdomTree Adds Battery Fund
Beyond launches, the week featured new closures and changes to several existing funds.
[](/contributors/heather-bell)
[By Heather Bell](/contributors/heather-bell)
Feb 18, 2022
Edited by: Heather Bell
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Although there were 14 launches during the week ended Feb. 18, a dozen of those new funds rolled out on one day, Wednesday. Among those funds was the [**WisdomTree Battery Value Chain and Innovation Fund (WBAT)**](https://www.sec.gov/Archives/edgar/data/0001350487/000119312522042305/d448677d497k.htm), which focuses on companies that operate in the battery and energy storage industry.
WBAT’s underlying index covers companies that mine and produce the raw materials related to the space; manufacture the actual battery cells and parts; develop components and complementary products or services; and use or develop new battery storage technologies and applications, according to its prospectus.
The new fund comes with an expense ratio of 0.45% and lists on Cboe Global Markets.
**Closures**
With launches going strong, closures are continuing at a slower and steadier pace. Another two fund shutdowns have been announced, with the funds’ last day of trading set for March 7.
The [**Xtrackers Eurozone Equity ETF (EURZ)**](https://www.etf.com/eurz) and the [**Xtrackers Japan JPX-Nikkei 400 Equity ETF (JPN)**](https://www.etf.com/jpn) both launched in mid-2015 and have not gathered significant assets. So far this year, 10 ETFs have shut down compared with five by this time in 2021.
**Expense Ratio Changes**
Several funds have undergone expense ratio changes this month. Four funds offered by ProShares that each track the S&P 500 Index minus a specific sector underwent dramatic price cuts as of Feb. 1, slashing their respective expense ratios from 0.27% to 0.09%.
The affected funds include the following:
- [**ProShares S&P 500 Ex-Energy ETF (SPXE)**](https://www.etf.com/spxe)
- [**ProShares S&P 500 Ex-Financial ETF (SPXN)**](https://www.etf.com/spxn)
- [**ProShares S&P 500 Ex-Health Care ETF (SPXV)**](https://www.etf.com/spxv)
- [**ProShares S&P 500 Ex-Technology ETF (SPXT)**](https://www.etf.com/spxt)
As of Feb. 11, the [**DriveWealth Power Saver ETF (EERN**](https://www.etf.com/eern)) raised its expense ratio from 0.49% to 2.14%, while the [**DriveWealth Steady Saver ETF (STBL)**](https://www.etf.com/stbl) raised its expense ratio from 0.43% to 0.80%.
**Other ETF Changes**
Several existing ETFs have also undergone name, ticker or index changes.
The [**iPath Shiller CAPE ETN (CAPE)**](https://www.etf.com/cape) will change its ticker to CAPD as of Feb. 24.
Meanwhile, as of Feb. 14, the [**iClima Distributed Renewable Energy Transition Leaders ETF (SHFT)**](https://www.etf.com/shft) changed its name to the iClima Distributed Smart Energy ETF, and the [**iClima Global Decarbonization Transition Leaders ETF (CLMA)**](https://www.etf.com/clma) changed its name to the iClima Climate Change Solutions ETF.
That same day, the [**AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL)**](https://www.etf.com/btal) dropped its index, the Dow Jones U.S. Thematic Market Neutral Low Beta Index, to become actively managed.
And finally, at the start of March, the [ **JPMorgan** **BetaBuilders Developed Asia ex-Japan ETF (BBAX)**](https://www.etf.com/bbax) will tweak its name to the JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF.
*Contact Heather Bell at* [*heather.bell@etf.com*](mailto:heather.bell@etf.com)
[ Heather Bell ](/contributors/heather-bell)
Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a… [View Bio](/contributors/heather-bell)
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