The PowerShares ex- Rate Sensitive Low Volatility Portfolio (NYSEArca: XRLV) launched on April 9 and brought in $61.3 million in AUM. XRLV gives investors the ability to combine the low volatility and hedging rising rates themes. The underling index is composed of the 100 constituents of S&P 500 Index that exhibit both low volatility and low interest rate risk. [Best of Both Worlds in a New ETF]
The JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEArca: JPEM) launched on January 8 and has $53.6 million in AUM. JPEM follows a strategic beta index that seeks to mitigate regional and sector risk by using a multi-factor stock filter to rank and select stocks based on value, quality and momentum. [J.P. Morgan’s New EM ETF Challenges Conventional Rivals]
The U.S. Global Jets ETF (NYSEArca: JETS) launched on April 30 has $48.3 million in AUM. JETS is comprised of U.S. and international passenger airline companies, aircraft manufacturers and airports and terminal services companies. The ETF is the only U.S.-listed ETF to track the airline industry. [Airline Stocks, ETF Could Take Off In Second Half]
The PowerShares Europe Currency Hedged Low Volatility Portfolio (NYSEArca: FXEU) launched on May 7 and has $41.0 million in AUM. FXEU is one avenue to consider for investors looking to profit from a falling euro while minimizing European equity market volatility. FXEU tracks members of the S&P Eurozone BMI Index to form the S&P Eurozone Low Volatility USD Hedged Index that displayed the lowest volatility over the trailing 12-months. [A Europe ETF for Coping With Greek Drama]
For more information on new fund products, visit our new ETFs category.
Max Chen contributed to this article.