S&P Capital IQ is expanding its ETF analysis with reports and rankings on 240 more funds covering fixed-income, commodities and currencies.
“The ETF growth story is one that crosses asset classes, and as fixed income, commodity and currency-focused ETFs continue to attract significant investor attention, we’re pleased to be adding well over 200 such ETFs to our coverage list,” said Todd Rosenbluth, director of ETF and mutual fund research at S&P Capital IQ. Rosenbluth is one of the architects of the firm’s approach to fund research and rankings.
About 50% of the fixed income ETF reports being added to S&P Capital IQ’s research coverage have a live history of less than three years, with approximately half of those having more than $100 million in assets under management, the firm said in a press release Monday.
“S&P Capital IQ will be using a holdings-based approach for the fixed income ETFs, similar to that created by the company for equity ETFs, which will result in rankings of Overweight, Marketweight, or Underweight,” it added. “Factors that are considered in this approach include credit quality, interest-rate sensitivity, expense ratio and trading characteristics. The research reports will also include credit default swap data and commentary and insights from S&P Capital IQ’s experienced fixed income and ETF analytical teams.”