I can always count on my friend Tom Lydon of ETFTrends.com for the very latest on the new and varied offerings in ETF land. The following is excerpted from Tom’s Oct. 2 article on what’s new within the ETF space:
Exchange-traded fund provider, XShares Advisors, recently introduced 12 new ETFs on the NYSE Arca. Five of the ETFs are "target date" or "lifestyle funds" that range in maturities from 2010 to 2040, ETFGuide reports. XShares teamed up with TD Ameritrade to launch the funds that aim to replicate the performance of the life cycle indexes created by Zacks Investment Research of Chicago, reports David Hoffman of Investment News.
The funds with longer maturities have higher initial equity exposure, including international equities, with higher volatility and risk. ETFs with shorter maturities have higher fixed-income exposure with lower volatility and risk. The expense ratio of these ETFs is 0.65%. The five life-cycle ETFs are:
In addition, XShares launched six equal-weighted ETFs designed to provide exposure to narrow slices of the U.S. real estate market. Five of the real estate ETFs have 25 holdings, and the sixth ETF, which is the market-cap weighted Composite ETF, has 40 holdings. These ETFs have an expense ratio of 0.58%. They are:
Once again, big thanks to Tom Lydon of ETFTrends.com for keeping us all up to speed on the very latest news from the ETF front.
I encourage all of my Alert readers to check out Tom’s Web site, ETFTrends.com, as it is replete with news and commentary that is invaluable to your quest for big market gains.