The number of ETFs continue to grow, but we could use a few more. Roger Nusbaum at ETF Investor updates his wish list of ETFs. "I stumbled across a couple of articles by Matt Haugen, who writes for
Index Universe." They include:
- Currency ETF that is leveraged
- ETF made out of the Rogers International Commodity Index. Currently
it is only tradable as a futures product. The Rogers index has 35
different commodities. Db Commodity Index Tracking Fund (DBC)
is 55% in oil. There is a commodity ETF in the works from iShares that
will be 80% energy.
- Certain regions of the world isolated into ETFs.
I would like to see central and Eastern Europe put into the ETF format.
- Subsectors of the market with both domestic and foreign stocks.
There are too many to mention, but I will say that if the industry goes
down this road there is likely to be a mix of useful and useless.
- Fixed income ETFs.
- Inverse index funds
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.