Direxion Could Add Unleveraged Bank ETF

In other new regarding possible launches, Horizons, the company behind the Horizons S&P 500 Covered Call ETF (NYSEArca: HSPX) and the Horizons Financial Select Sector Covered Call ETF (NYSEArca: HFIN), could expand its income-oriented lineup with the addition of up to three new ETFs.

Those funds will include the China High Dividend Yield ETF and the Horizons KOSPI 200 ETF, which would be the first dividend spin on South Korean stocks, a group not usually known for high yields. Horizons could also list a Canadian income play, the Horizons S&P/TSX 60 ETF.

Over 140 new ETFs have debuted this year, but just two have come to market this month, the SPDR MSCI EM Beyond BRIC ETF (NYSEArca: EMBB) and the Cambria Foreign Shareholder Yield ETF (NYSEArca: FYLD).

ETF Trends editorial team contributed to this post.