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

Budgeting for Baby
Budgeting for Baby                  
A Home to Retire In
A Home to Retire In                 

Stocks

Referenced

100%
0%
100%

Most Active by Volume

86,692,048
  • $16.82 ▼ 1.35%
66,073,054
  • $13.30 ▼ 6.27%
54,801,491
  • $14.59 ▼ 1.35%
54,305,010
  • $76.55 ▼ 3.15%
53,982,567
  • $3.42 ▼ 2.01%
53,146,472
  • $97.21 ▼ 1.60%
50,334,521
  • $99.18 ▼ 1.56%
44,049,276
  • $25.03 ▼ 0.56%
As of 10/1/2014, 04:15 PM

Find a Credit Card

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