“Many investors are focused on inflation and closely follow breakeven inflation, a common yardstick for inflation expectations,” Michael Sapir, ProShares chief executive, said in a press release. “We are pleased to offer investors the first ETFs linked to this important economic indicator.”
State Street Global Advisors has also filed with the SEC to launch a breakeven inflation ETF. [State Street Plans Active ETFs, Breakeven Inflation Fund]
For more information on new launches, visit our new ETFs category.
Max Chen contributed to this article.