iShares launches a new international value fund. Direxion launched a new Hydrogen fuel-focused ETF.
- Last Thursday, iShares launched a new small cap value fund focused on international equity markets with the iShares International Developed Small Cap Value Factor ETF (ISVL). This fund tracks an index that seeks exposure toward developed ex-US, ex-Korea small cap value names. It carries an expense ratio of 0.30% and lists on Cboe.
- Direxion also launched a new fund last Thursday, with the Direxion Hydrogen ETF (HJEN) launching on the NYSE Arca exchange. This is the second fund launched this year that targets the hydrogen fuel industry. HDRO has an expense ratio of 0.45%.
source: etf.com