
TrueShares releases its November defined outcome ETF, iShares debuts a small cap value ETF, and Global X launches two ETFs focused on technology disruption.
- TrueShares releases its November defined outcome ETF.
- The TrueShares Structured Outcome (November) ETF (NVMZ) provides downside protection between 8-12% and looks to participate in around 85% of the upside.
- NVMZ comes with an expense ratio of 0.79%.
- TrueShares defined outcome ETFs use flexible exchange (FLEX) options on the S&P 500 Price Index or ETFs tracking that index.
- iShares debuts a new small cap value ETF.
- The iShares Factors US Small Cap Value ETF (SVAL) tracks the Russell 2000 Focused Value Select Index which uses three different value metrics to pick value names from the Russell 2000 universe.
- Currently, SVAL has 250 holdings that are all equally weighted.
- SVAL comes with a 0.30% expense ratio.
- Global X launches two ETFs focused on technology disruption.
- The Global X CleanTech ETF (CTEC) focuses on companies producing, storing and implementing renewable energy and related tools.
- The Global X Data Center REITs & Digital Infrastructure ETF (VPN) focuses on the infrastructure underlying communication technology and digital growth. VPN invests in semiconductors, data centers, and cell towers.
- CTEC and VPN carry expense ratios of 0.50%.
(Source:etf.com)