According to S&P Capital IQ data, just two ETFs, the Guggenheim Russell MidCap Equal Weight ETF (NYSEArca: EWRM) and the Guggenheim Russell 1000 Equal Weight ETF (NYSEArca: EWRI), feature Herbalife as a top-10 holding. However, no stock accounts for more than 0.4% of either of those ETFs.
FXG has been down this road before. The ETF endured a modest intraday loss in March after the the Federal Trade Commission opened a formal investigation into Herbalife’s business practices. At that time, Herbalife was FXG’s ninth-largest holding. [Herbalife’s FTC Flap Highlights Advantages of ETFs]
First Trust Consumer Staples AlphaDEX Fund