New ETFs: Single-Country Small-Caps and Leveraged Biotech

By
A A A

What's hot? Small-cap and biotechnology, for two things. That's why two major exchange traded fund ( ETF ) providers have funds either launching or in the works to cover both of these popular asset classes.

IndexIQ is gearing up to launch a whole suite of small-cap single-country ETFs. The firm will start a small-cap South Korean ETF today and follow up with others later. A small-cap Taiwan ETF should launch in two weeks, followed by ETFs tracking Hong Kong, Singapore, Canada and Australia. [ Specialty Emerging Market ETFs On a Roll. ]

The small-cap family of ETFs will help investors track specialty areas of emerging and developed nations overseas. They will specifically target small-caps, as they have outperformed the larger-cap counterparts. [ Why Small-Caps Are Outperforming. ]


Biotechnology is not only a bright spot in the U.S. economy, it is an active spot that is waiting for Congress's next move. ProShares , the world's biggest provider of inverse and leveraged ETFs, rolled out a pair of leveraged and inverse ETFs targeting the biotechnology industry, says Oliver Ludwig for Index Universe . [ Feeling Contrary? Here's an ETF for You. ]

The latest ETFs are:

  • Ultra Nasdaq Biotechnology ( NASDAQ : BIB ): Seeks to double the daily returns of the Nasdaq Biotechnology Index.
  • UltraShort Nasdaq Biotechnology (NASDAQ: BIS ): Designed to deliver twice the inverse of the index's daily return.

Please remember that leveraged and inverse funds are designed for more hands-on, risk-tolerant investors, as long-term returns can vary widely from daily objectives. These are not buy-and-hold tools and should be monitored daily. [ 6 Top ETFs of the First Quarter. ]

For more stories about new ETFs, visit our new ETFs category .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , ETFs

Referenced Stocks: BIB , BIS , ETF

ETF Trends

ETF Trends

More from ETF Trends:

Related Videos

Stocks

Referenced

75%
100%
67%

Most Active by Volume

89,873,982
  • $17.67 ▼ 1.28%
64,126,835
  • $11.37 ▼ 7.49%
54,368,666
  • $3.84 ▼ 1.03%
49,751,147
  • $34.32 ▲ 0.09%
48,491,927
  • $3.10 ▼ 9.88%
43,509,749
  • $14.55 ▲ 1.11%
42,710,239
  • $122.77 ▼ 1.39%
41,617,381
  • $28.35 ▲ 1.03%
As of 7/27/2015, 04:15 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com