Guinness Atkinson debuts an actively managed alternative energy ETF, iShares adds to its target maturity junk bond ETFs, and Direxion releases an ETF focused on companies with the potential to disrupt the industries they operate in.

• Guinness Atkinson debuts an actively managed alternative ETF.
  • The SmartETFs Sustainable Energy II ETF (SULR) is a repackaged strategy from an earlier mutual fund product offered by Guinness Atkinson.
  • SULR targets sustainable energy companies that include companies involved in generating power through any means other than fossil fuel-based energy.
  • SULR comes with a 0.79% expense ratio.

• iShares adds to its target maturity junk bond ETFs.
  • The iShares iBonds 2026 Term High Yield and Income ETF (IBHF) is iShares' sixth installment in the family spanning 2021 through 2026.
  • IBHF tracks the Bloomberg Barclays 2026 Term High Yield and Income Index which draws its components from the combined universe of the Bloomberg Barclays U.S. High Yield Index and the Bloomberg Barclays U.S. Corporate Index.
  • IBHF comes with a 0.35% expense ratio.

• Direxion releases an ETF focused on companies with the potential to disrupt the industries they operate in.
  • The Direxion Moonshot Innovators ETF (MOON) tracks an index of 50 companies and comes with an expense ratio of 0.65%.
  • The underlying index is the S&P Kensho Moonshots Index which relies on an early stage composite innovation score that includes a company’s innovation sentiment and allocation to innovation scores.
  • The index uses a modified equal weighting approach and has annual reconstitutions with semi-annual rebalances.

(Source: etf.com)