ALPS Advisors added a new exchange traded fund Friday, allowing investors to capitalize on the potential growth opportunity in a quickly advancing, technological world.

On Friday, ALPS Advisors launched the ALPS Disruptive Technologies ETF (Cboe: DTEC), which has a 0.50% expense ratio.

The Disruptive Technologies ETF will try to reflect the performance of the Indxx Disruptive Technologies Index, which identifies companies using disruptive technologies across ten thematic areas, including Healthcare Innovation, Internet of Things, Clean Energy and Smart Grid, Cloud Computing, Data and Analytics, FinTech, Robotics and Artificial Intelligence, Cybersecurity, 3D Printing, and Mobile Payment, according to a prospectus sheet.

“ALPS is proud to be launching one of the first ETFs that offers investors exposure to so many investment themes within a single product,” Mike Akins, Senior Vice President, Director of ETFs at ALPS Advisors, said in a note. “We also look forward to our new index provider relationship with Indxx. As an innovative firm and leaders in the thematic space, we believe the index effectively targets the immense potential offered by disruptive technologies over the coming years and decades.”

Companies using disruptive technologies are defined as those entering traditional markets with new digital forms of production and distribution, seek to disrupt an existing market and value network, displace established market-leading firms, products and alliances and increasingly gain market share.

The underlying index will only include companies that derive a minimum of 50% of revenue from a single disruptive technology thematic area and the index provider will review the themes every three yars for inclusion.

“With this launch, Indxx is excited to continue to drive innovation in the thematic indexing space,” Rahul Sen Sharma, Partner at Indxx, said in a note. “Over the last few years, we have established ourselves as a market leader when it comes to thematic indices by combining top-quality research capabilities with cutting edge thought leadership. We are delighted to add to our growing list of indices in this space through our new relationship with ALPS.”

For more information on new fund products, visit our new ETFs category.