ETF Trends
ETF Trends

Ian Salisbury in SmartMoney reports on the new exchange traded funds offered by Claymore Group Inc.  The ETFs were launched today and take a different approach than the typical index-tracking ETF.

Teaming up with Bank of New York, Zacks and Sabrient, Claymore’s ETFs invest in companies where corporate insiders have boosted their holdings, one invests in volatile emerging markets and another seeks out dividends to satisfy "yield hogs".

  • Claymore/BNY BRIC (EEB)
  • Claymore/Zacks Yield Hog (CVY)
  • Claymore/Zacks Sector Rotation (XRO)
  • Claymore/Sabrient Insider (NFO)
  • Claymore/Sabrient Stealth (STH)

There is surely room for more ETFs, it’s good to have competition.  If the Claymore funds do well, they could catch on.  When we see more ETFs with a three-to-five-year track record, people are not going to look at the producer or even the assets in the fund, but the performance over time.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. 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.