The increasingly popular small-cap asset class should also get some new players this year. IndexIQ will launch at least three more small-cap ETFs before the years’ end. The new funds will track the economies of Hong Kong and Singapore, as well as a small-cap equity-based agribusiness fund. According to NASDAQ, the country-specific ETFs focus on the bottom 15% of companies in terms of market capitalization. [New Single-Country ETFs.]
The planned small-cap commodity ETF will zero in on natural gas, crude oil and gold, in addition to agribusiness-also will give investors access to smaller companies that represent real growth around the world. [Small-Cap ETFs Are Making a Comeback.]
When all is said and done, IndexIQ hopes to have a total of 13 small-cap ETFs. The remainder are anticipated to come to market next year. [Other Countries IndexIQ Covers.]
For more stories about new ETFs, visit our new ETFs category. For more information on corporate bonds, visit our corporate bonds category.
Max Chen and Tisha Guerrero contributed to this article.