ETF Trends
ETF Trends

ETF Trends takes a condensed look at five new ETF products launched today, July 14.

Cambria Expands on Shareholder Yield Suite

Cambria launched the Cambria Emerging Shareholder Yield ETF (BATS: EYLD). EYLD tracks the Cambria Emerging Shareholder Yield Index, which is comprised of emerging market stocks ranked by dividend payments and net stock buybacks, key components of shareholder yield. Additionally, the underlying index screens for value, quality and companies that demonstrate low financial leverage. The fund comes with a 0.69% expense ratio.

Invesco PowerShares Adds Momentum, Low-Vol Rotation Strategy

PowerShares has teamed up with Dorsey, Wright & Associates, again, to launch the PowerShares DWA Momentum & Low Volatility Rotation Portfolio (NasdaqGM: DWLV). As the name suggests, DWLV combines low-volatility with momentum in a blended strategy to capture high-flying stocks that have exhibited smaller swings in an attempt to limit drawdowns during market turns while capturing upside growth. The fund may include both U.S. and international market exposure. The ETF comes with a 0.52% expense ratio.

Janus’ VelocityShares Brings Out Three Dynamic Volatility-Related ETNs

VelocityShares launched the VelocityShares VIX Variable Long/Short ETN (NYSEArca: LSVX), VelocityShares VIX Tail Risk ETN (NYSEArca: BSWN) and VelocityShares VIX Short Volatility Hedged ETN (NYSEArca: XIVH). The Volatility-Strategy ETNs utilize a systematic approach to investing in VIX futures that has a net long or net short volatility position that varies due to daily changes in the volatility market, according to a press release. Specifically, LSVX has a 0% target net volatility allocation, BSWN has a 35% target net volatility allocation and XIVH has a -70% target net volatility allocation. The ETNs have a 1.30% expense ratio.

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Northern Trust’s FlexShares Rolls Out Two ETFs Based on ESG Principles

Joining the new wave of ETF products based on Environmental, Social and Governance, or ESG, principles, FlexShares launched the FlexShares STOXX US ESG Impact Index Fund (NasdaqGM: ESG) and FlexShares STOXX Global ESG Impact Index Fund (NasdaqGM: ESGG) as a way to help investors generate improve risk-adjusted returns. Companies with ESG key positive indicators h ave shown to positively impact shareholder equity. ESG has a 0.32% expense ratio and ESGG has a 0.42% expense ratio.

VanEck Debuts USD-Denominated Emerging Market Bond ETF

VanEck also expanded on its fixed-income suite, launching the VanEck Vectors EM Investment Grade + BB Rated USD Sovereign Bond ETF (NYSEArca: IGEM), which tracks U.S. dollar-denominated emerging market investment-grade sovereign bonds. Emerging debt has grown in popularity in recent months as a more attractive source of yields, with USD-denominated EM sovereigns generating yield premium of 49 basis points over U.S. corporate investment-grade bonds and 220 basis points over 10-year U.S. Treasuries over the past five years, according to a press release. For those who are reliant on regular payouts, the fund also provides monthly distributions. IGEM has a 0.45% expense ratio.

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