Russell Adds 5 Large-Cap ETFs To Pipeline

October 01, 2010

Russell Investments, the index and financial analytics provider, made another push to broaden the scope of its planned roster of equity ETFs by amending its June filing with the Securities and Exchange Commission to include another five ETFs that tap into various pockets of the the large-cap equities space.

The new funds increase to 33 the number of different ETFs Russell plans to launch that target both U.S. and global stocks.

The proposed ETFs will track, through full replication when possible, a series of Russell-Axioma Large Cap indexes that invest in U.S. large-cap stocks honing in on variables such as volatility, beta and momentum. Large-cap strategies have garnered significant investor interest in recent weeks, as investors look for steady returns, often in the form of dependable dividends, in a sluggish economy.

The company didn’t disclose how much it will charge investors. The funds and their proposed tickers are:

  • Russell 1000 Low Beta ETF (NYSEArca: LBTA)
  • Russell 1000 High Beta ETF (NYSEArca: HBTA)
  • Russell 1000 Low Volatility ETF (NYSEArca: LVOL)
  • Russell 1000 High Volatility ETF (NYSEArca: HVOL)
  • Russell 1000 High Momentum ETF (NYSEArca: HMTM)


The Tacoma, Wash.-based company, whose ETF arm is located in San Francisco, might be a latecomer to ETFs, but its push has been characterized by a comprehensive offering of equity funds.

Russell Investment Management Co. is the adviser of the funds.


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