ETF Trends
ETF Trends

Janus Capital Group expanded its offerings to include four new exchange traded funds that track various health and living-related themes.

Janus rolled out The Health and Fitness ETF (NasdaqGM: FITS), The Long-Term Care ETF (NasdaqGM: OLD), The Organics ETF (NasdaqGM: ORG) and The Obesity ETF (NasdaqGM: SLIM). Each fund comes with a 0.50% expense ratio.

FITS targets global companies that take advantage of the growing trend toward health and fitness consumption, including those focused on fitness technology/equipment, sports apparel, nutrition, and sports/fitness facilities.

Related: Healthcare ETFs Could Be Second Half Rebound Ideas

Supporting the fitness theme, fitness club membership continues to climb, with an estimated 54 million having at least one health club membership, up from 45 million in 2009 and 41 million in 2005, according to Janus. The increased demand has also helped fuel a steady growth in health club facilities, which have increased to over 34,000 with revenue in the U.S. of  $24.2 billion in 2014.

OLD tracks global companies that profit from providing long-term care to the aging populace, including those owning or operating senior living facilities, nursing services, specialty hospitals, and senior housing, biotech companies for age-related illnesses and companies that sell products and services to such facilities.

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