Cushing MLP

USA Cushing comes over to ETFs Cushing Asset Management, a Texas-based asset manager that is famous in the ETF industry from providing master limited partnership (“MLPs”) indexes for ETNs, is jumping over the fence and listing a series of MLP ETFs. Cushing Energy & MLP ETF (XLEY) Cushing Utility & MLP ETF (XLUY) Cushing Transportation & MLP ETF (XLTY) Cushing …

Ecommerce Bubble

Global X lists e-commerce ETF Mirae-owned Global X is listing a new ecommerce ETF that takes a first-of-a-kind global approach to this popular theme. The Global X E-commerce ETF (EBIZ) will track the Solactive E-commerce Index (EBIZ). EBIZ generates its index universe by running keyword searches to find ecommerce companies around the world. To qualify in the index, companies in the …

Direxion Thanksgiving Lack of Need

USA With a LACK of NEED, Direxion lists Leveraged and inverse specialist Direxion is listing two new consumer staples ETFs that will doubtless defend Direxion’s reputation as coming up with the best tickers. Direxion Daily Consumer Staples Bear 3X Shares (LACK) Direxion Daily Consumer Staples Bull 3X Shares (NEED) Both funds are fairly biscuit tin. Like other Direxion 3x bull …

French Intelligence

Summary: Ossiam lists Europe’s first machine learning ESG ETF The listing will enhance Ossiam’s reputation as a provider of cutting-edge products ESG was the defining trend of 2018. Machine learning and robotics was the other. But this new ETF from Ossiam, the Paris-based smart beta specialist, rolls both trends into one. Ossiam, subsidiary of the French investment bank Natixis, is listing Europe’s …

Transparent South Africa

South Africa Satrix lists momentum ETF + transparency It’s an interesting day for the world’s best-performing equity market. Satrix, one of South Africa’s big three ETF providers, is listing a first-of-a-kind momentum ETF that will give exposure to South Africa’s fastest growing companies. The Satrix Momentum Portfolio (STXMMT) will track a proprietary index built by Satrix. The index tracks South …

Made in China

China Hangzhou Bay Area ETF Chinese fund provider Nanhua is listing a unique geographically specific China ETF that only invests in companies from the Hangzhou Bay Area. Hangzhou bay has been a zone of heavy investment for the Chinese Communist Party and has benefitted from the installation of one of the world’s largest bridges accessible by car. The 35km behemoth …

Syntax rules

USA ETF newcomer Syntax lists stratified ETF ETF newcomer Syntax Advisors is listing an interesting new fund that “stratifies” the S&P 500 into separate categories based on business risks. The Syntax Stratified LargeCap ETF (SSPY) will hold all the same companies as the S&P 500. But they will be grouped into tiers based on shared business risks, which “occurs when two or more …

My Beta is better than your Beta

USA Reality Shares lists ETF that is smarter than you In the land of smart beta – some beta is smarter than others. But one new ETF claims to be the smartest beta of them all. The newly listed Reality Shares Fundstrat DQM Long ETF (DQML), created as a joint venture between Reality Shares and research house Fundstrat, promises to …

LGIM defines its CORE

Entering the ETF market in 2018 is extremely difficult – but it’s most difficult of all in the plain vanilla space. Which makes LGIM’s entry into the plain vanilla ETF market this week particularly interesting. As part of an eleventh-hour foray into the heart of the ETF industry, LGIM is rolling out six new plain vanilla funds, which will track the equity …

To Infinity & Beyond

USA Space exploration ETF from newcomer Procure Procure AM, an ETF newcomer headed up Bob Tull, one of the godfathers of the US ETF industry, is listing a new product that will surely rank among the most interesting of 2018. The Procure Space ETF (UFO) will track an index from the boutique index house S-Network Space Index. The fund will …