The Guggenheim Spin-Off ETF (NYSEArca: CSD) tracks companies that have “spun off” from a parent company within the past 30 days, but no older than six months. “Numerous academic studies suggest that most spinoff companies have experienced significant capital appreciation,” Bowman said. [ETFs for Your Inner Icahn]
Deborah Frame, vice president of investments at Cougar Global Investments, also suggests taking a look at small-cap companies. For instance, the iShares Core S&P Small-Cap ETF (NYSEArca: IJR) provides a exposure to the “continuing recovery of the U.S. economy,” Frame said.
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