Rydex|SGI today unveiled six new additions to its lineup of equal-weight exchange traded funds (ETFs).
The ETFs have been getting a lot of great coverage out there today from sites like ETF Daily News, Index Universe and 24/7 Wall Street.
The new ETFs are:
- Rydex Russell 1000 Equal Weight ETF (EWRI)
- Rydex Russell 2000 Equal Weight ETF (EWRS)
- Rydex Russell MidCap Equal Weight ETF (EWRM)
- Rydex MSCI EAFE Equal Weight ETF (EWEF)
- Rydex MSCI Emerging Markets Equal Weight ETF (EWEM)
- Rydex MSCI ACWI Equal Weight ETF (EWAC)
Rydex S&P Equal Weight ETF (NYSEArca: RSP), the first equal-weight ETF, launched in 2003. With six new ETFs in the lineup, Rydex|SGI will now offer sixteen equal weight ETFs. The partnership with Russell and MSCI provides more opportunities for investors looking to expand diversification with equal weight funds.
Read the disclaimer; Tom Lydon is a board member of Rydex|SGI.
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.