##  [# ETF Odds & Ends: Gabelli Debuts 2nd Fund](/sections/daily-etf-watch/etf-odds-ends-gabelli-debuts-2nd-fund) 

 

# ETF Odds & Ends: Gabelli Debuts 2nd Fund

 

 

Also, two Arrow ETFs increased their expense ratios.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Feb 22, 2021

 Edited by: Heather Bell

 

 

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With the exception of several launches, there was minimal activity among U.S.-listed ETFs.

Beyond the launches already covered by ETF.com last week, Gabelli debuted its second ETF on Tuesday. The **[Gabelli Growth Innovators ETF (GGRW)](https://www.sec.gov/Archives/edgar/data/0001748425/000138713121002106/gamco-497_021121.htm)**, like Gabelli’s first ETF, relies on Precidian’s ActiveShares model for nontransparent actively managed ETFs.

The fund targets U.S.-listed stocks and American depositary receipts tied to companies offering innovative technologies, services and products whose potential earnings growth may be underestimated by the market. It comes with an expense ratio of 0.90%.

In addition, First Trust rolled out the **[First Trust TCW Emerging Markets Debt ETF (EFIX)](https://www.sec.gov/Archives/edgar/data/0001667919/000144554621000926/etf8_efix.htm)**, an active fund managed by TCW Investment Management Company and covering emerging market fixed income. It comes with an expense ratio of 0.85%.

**Expense Ratios**

The only other important developments were two ETFs offered by Arrow Funds increasing their expense ratios, effective Feb. 17. The $4 million **[Arrow DWA Tactical Macro ETF (DWAT)](https://www.etf.com/dwat)**, an actively managed ETF-of-ETFs, increased its expense ratio from 1.56% to 1.66%. Meanwhile, the $14 million **[Arrow DWA Tactical International ETF (DWCR)](https://www.etf.com/dwcr)**, an index-based ETF implementing a momentum strategy, increased its expense ratio from 1.16% to 1.36%.

*Contact Heather Bell at <hbell@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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