ETF News - 10/23/2014

Posted on 10/23/2014

  • ProShares has submitted a filing, indicating that the firm is looking to create a full line-up of dividend-focused ETFs. Included in this lineup are the ProShares Midcap Dividend Growers ETF and the ProShares Russell 2000 Dividend Growers ETF. Currently, ProShares has the ProShares MSCI Emerging Markets Dividend Growth ETF [EMDV] in registration, which will seek to track an equal-weighted benchmark based on the MSCI Emerging Markets Index. Symbols and fees were not readily available.

     

  • On Thursday, October 16th, iShares launched two funds, an equity fund and a commodity fund: the iShares MSCI Emerging Markets Horizon ETF [EMHZ] and the iShares Commodities Select Strategy ETF [COMT]. EMHZ holds the bottom 25% of EEM’s market capitalization by country, steering clear of BRIC (Brazil, Russia, India & China) countries. It will have an expense ratio of 50 basis points. COMT is a broad commodities fund and shareholders will not have to file a K1, but instead will have to file 1099 forms. This fund has an annual expense ratio of 48 basis points.

     

  • On Wednesday, Alpha Architect launched its first ETF. The actively managed fun, the ValueShares U.S. Quantitative Value ETF [QVAL] will use Alpha Architects Quantitative Value model. This model includes forensic accounting, valuation and quality screens to identify “undervalued” companies. The fund will aim to hold about 50 US equities, will be rebalanced twice a year, and will be tilted towards large-cap stocks. QVAL will have an expense ratio of 0.79 percent.
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    Symbol Performance
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    KWEB 49.151%
    ARKK 48.279%
    ARKW 47.640%
    CXSE 47.444%
    SCIF 45.401%
    CQQQ 45.074%
    PLND 45.041%
    PGJ.TR 43.500%
    PGJ 42.742%
    SCIN 42.726%
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    Technology FDN 47.640%
    Real Estate FRI 36.829%
    Healthcare BBH 36.556%
    Basic Materials GDX 33.871%
    Energy DBE 29.451%
    Financial BSV 28.493%
    Consumer Cyclical FXD 23.836%
    Industrial EXI 18.168%
    Consumer Noncyclical FXG 18.142%
    Utilities FIW 17.961%
    Telecommunications IXP 13.101%
    Financial Services FREL 4.051%

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