MLPJ: New Junior MLP ETF Has 38% Daily Tracking Error
Today (1/15/13), Global X launched another C-corporation masquerading as an ETF. The Global X Junior MLP ETF (MLPJ) elected not to be a regulated investment company. Like...
Author Archive - Invest With An Edge
Six More ETP Closures For 2012
Six more exchange traded product (“ETP”) delistings are scheduled to occur before the end of the year. The closures include two ETFs from Guggenheim and four VelocityShares...
EMER Becomes 96th ETP Closure of 2012
As reported in November ETF Stats, December 18 was the last day of trading for the Index IQ ETF Trust (NYSEARCA:EMER). Anyone still owning Index IQ ETF Trust (NYSEARCA:EMER...
PHDG: Stocks, VIX, Active Management, and Indexing In One ETF
The PowerShares S&P 500 Downside Hedged Portfolio (NYSEARCA:PHDG) was launched December 6, becoming the first ETF to be both actively managed and indexed. The fund uses an absolute...
ETF Deathwatch for December 2012: Eight New Names
Eight new names are joining ETF Deathwatch for December, and nine products are coming off the list. Six are leaving due to increased investor interest, and three ETFs are exiting...
ETF Stats for November 2012 – Listing Count Increases
The number of exchange traded product (“ETP”) listings increased in November, ending the record-breaking three-month streak of declines. Nine new introductions and three...
Three New Pure Play ETFs From FactorShares PureFunds
FactorShares, the sponsor that introduced spread trading in an ETF wrapper back in early 2011, launched a new line of ETFs under a new PureFunds brand. According to the firm...
RBS Rolls Out Five Rogers Enhanced Commodity ETNs
The Royal Bank of Scotland Group plc (NYSE:RBS) introduced five new exchange traded notes (“ETNs”) on November 15. The new ETNS are based on “enhanced” versions of ...
Pyxis Enters ETF Arena With Senior Junk Fund
Pyxis Capital, the fund investment advisory spun-off from Highland Capital Management earlier this year, made its initial foray into the ETF arena with its November 7 launch ...
Vanguard Fires MSCI, Should You Fire Vanguard?
Vanguard has fired MSCI. Twenty-two Vanguard index funds that were tracking stock indexes from MSCI will soon be following FTSE and CRSP indexes. What does this mean to you...
ETF Deathwatch for November 2012: List Shrinks As Deaths Increase
The quantity of products on ETF Deathwatch for November shrunk by nineteen compared to a month ago. However, readers should not assume this is the result of an improved ETF ...
ETF Stats for October 2012 – Another Record Number of Closings
A record number of exchange traded product (“ETP”) closures took place in October. The 30 delistings broke the old record of 24, which sponsors established just one month...
EMCR: EGShares Brings New Approach To Emerging Market ETFs
Emerging Global Advisors launched the EGShares Emerging Markets CORE (NYSEARCA:EMCR) on October 16, 2012. The new ETF’s underlying index, the S&P Emerging Markets Core Index...
New Barclays Shiller CAPE Sector Rotation ETN
Barclays introduced a new exchange traded note (“ETN”) on October 11 under the ETN+ brand instead of the more familiar iPath brand. The Barclays ETN Schiller CAPE (NYSEARCA...
QuantShares Closing 3 Market Neutral ETFs
FFCM, the advisor to the QuantShares family of ETFs, announced the termination and liquidation of three of its funds. The last day of trading will be Friday, November 2, 2012...
ETP Closures Hit 300
ETP closure activity this week pushed the lifetime death toll to 300 and the year-to-date count to 89. Early October action from iPath, Russell, and Global X resulted in 30 ...
FlexShares Introduces Enhanced Money Market ETF
FlexShares Ready Access Variable Income Fund (NYSEARCA:RAVI) was listed for trading on October 11, 2012. It is an actively managed ETF that attempts to preserve capital, maintain...
QMN: New Market Neutral ETF from Index IQ
Index IQ added to its lineup of hedge fund replication ETFs on October 4, 2012 with the launch of IQ Hedge Market Neutral Tracker ETF (NYSEARCA:QMN). The new ETF seeks to track...
ETF Deathwatch for October 2012: The Zombie ETFs Among Us
In the ETF world, some things are backwards. For example, October is a time for costumes, and Zombie costumes are a perennial favorite with healthy humans dressing up as the...
ETF Stats for September 2012 – Largest Decline In Listings Ever
The quantity of ETP listings at the end of September was 18 fewer for the month and 20 fewer for the quarter, the largest declines ever. The one-month closure tally of 24 also...
New FlexShares ETFs Tilt International Markets
Today (9/28/12), Northern Trust introduced two new ETFs that tilt their weightings toward small cap and value stocks.
New RBS ETN Alternates Between 3 Large Cap Weighting Schemes
On September 6, the Royal Bank of Scotland Group plc (NYSE:RBS) rolled out the RBS US Large Cap Alternator Exchange Traded Note (NYSEARCA:ALTL). The underlying index uses a ...
Global X Closing 4 Struggling ETFs
Global X recently announced its intent to close and liquidate four ETFs. According to the company press release, Global X will absorb all fees and expenses that may be incurred...
WisdomTree China Dividend Ex-Financials ETF Is Nearly Ex-Health Care, Too
The WisdomTree China Dividend Ex-Financials Fund (NASDAQ:CHXF) began trading Wednesday (9/19/12), offering investors a diversified way to access Hong Kong listed stocks without...
VEGA ETF Has Mystery Target
The new AdvisorShares STAR Global Buy-Write (NYSEARCA:VEGA), launched September 18, 2012, is an actively managed fund-of-funds ETF that intends to provide consistent, repeatable...
An MSCI Frontier ETF Finally Arrives
Last week (9/13/12), BlackRock rolled out the first ETF tracking frontier markets based on the MSCI country classification system. The iShares MSCI Frontier 100 Index Fund (...
ETF Industry Growth Overtaking Stock Market?
The S&P 500 will soon be overtaken by its children, at least in terms of trading volume. Bloomberg News tells us this in ETFs Poised To Exceed Trade in S&P 500 As Spiders Beat...
RTSA: Another Day, Another iPath Early Termination
Yesterday (9/13/12) was the last day of trading for two Barclays iPath ETNs, and just as they were about to wind down, the iPath Short Extended Russell 2000 TR Index ETN (NYSEARCA...
