A New ETF for Diamonds and Gems | Page 2 of 2 | ETF Trends

The PureFunds ISE Mining Service ETF (NYSEArca: MSXX) tries to reflect the performance of the ISE Mining Service Index, which holds companies engaged in facilitating the operations of the mining services industry, such as companies that manufacture, lease, sell and provide equipment, along with those that engage in exploration and extraction. The underlying index held 31 components, including 28 foreign companies. The top holdings include China Coal Energy Company, Atlast Copco and Joy Global, with the largest constituent accounting for 8.9% of the overall index. MSXX has a 0.69% expense ratio.

The PureFunds ISE Junior Silver (Small Cap Miners/Explorers) ETF (NYSEArca: SILJ) tracks the ISE Junior SIlver Index, which fallows small-cap companies that mine, explore or refine silver. The underlying index has 26 components, and 24 are foreign companies. The top holdings include Endeavour Silver Corp., Fortuna Silver Mines and McEwen Mining. The top holding is 11.0% of the index. SILJ has a 0.69% expense ratio.

For more information on new fund products, visit our new ETFs category.

Max Chen contributed to this article.