However, it is not unheard of for fund issuers to reverse split traditional long ETFs that have drifted into single-digit prices. That is what has happened to EGPT, which is off 20.1% in the past three months. SCIF is another victim of the emerging markets calamity closing below $7.30 on Friday, down almost 15% in the past 90 days. [Emerging Markets ETFs Tumble]
GEX is something of a surprise as a reverse split candidate as the ETF is flirting with $15 and up 14.5% in the past three months. REMX is not a surprise. That fund has lost 61.3% in the past two years.
Market Vectors Rare Earth/Strategic Metals ETF
ETF Trends editorial team contributed to this post.