IndexIQ releases an actively managed ESG bond ETF, WisdomTree debuts a momentum growth ETF, and Janus Henderson releases an actively managed real estate ETF.

• IndexIQ releases an actively managed ESG bond ETF.
  • The IQ MacKay ESG Core Plus Bond ETF (ESGB) invests 80% of its assets in ESG corporate and government bonds as well as asset-backed and commercial mortgage-backed securities.
  • ESGB is starting with an expense ratio of 0.39% until August of 2022 and then will hike it up to 0.82% thereafter.

• WisdomTree debuts a momentum growth ETF.
  • The WisdomTree U.S. Growth & Momentum Fund (WGRO) follows an index by O’Neil Global Advisors which tracks stocks with more than $250 million in market cap and selects 50-100 stocks that have long-term momentum and short-term mean reversion characteristics.
  • The underlying index reconstitutes monthly.
  • WGRO carries an expense ratio of 0.55%.

• Janus Henderson releases an actively managed real estate ETF.
  • The Janus Henderson U.S. Real Estate ETF (JRE) will overweight subsectors that were poised for growth before the pandemic.
  • The fund will also underweight subsectors like brick-and-mortar retail assets that have long-term downside.
  • JRE carries an expense ratio of 0.65%.

(Source: etf.com)