‘ S&P Dow Jones ’

DWS introduces EUR-hedged share class for “core” Xtrackers MSCI USA ETF

May 8th, 2018 | By
DWS introduces EUR-hedged share class of core Xtrackers MSCI USA ETF

DWS Group, the asset manager recently spun out of Deutsche Bank, has introduced a euro-hedged version of its core US equity ETF on Xetra. The newly listed Xtrackers MSCI USA UCITS ETF 2C – EUR Hedged (XD9E GR) share class offers euro-referenced investors currency-hedged equity exposure to large and medium-sized US companies.

ProShares launches first S&P 500 bond ETF

May 5th, 2018 | By
ProShares launches first S&P 500 bond ETF

ProShares has launched the ProShares S&P 500 Bond ETF (SPXB US) on NYSE Arca, providing exposure to investment-grade corporate bonds issued by members of the blue-chip S&P 500 equity index. Michael Sapir, co-founder and CEO of ProShare Advisors, the advisor to ProShares, commented, “The S&P 500 served as the basis for the first ETF over 25 years ago. Today’s launch of a bond ETF tied to the S&P 500 is another important moment in the evolution of ETFs.”

Option strategies in ETFs act as a buffer during volatile markets

Apr 20th, 2018 | By
Volatility ETFs Horizons Covered Call

By Horizons ETFs US.

As we move further into the remainder of the year, investors are taking a closer look at new strategies that can be used within portfolios that may help protect against potential drawdowns and possibly increase income in volatile environments. This new focus on protection and income have many looking at options and option strategies through the use of ETFs.

Little Harbor Advisors launches its first ETF, based on Bayesian probability

Apr 5th, 2018 | By
Jeff Landle, Little Harbor Advisors’ chief investment officer

Little Harbor Advisors has become the latest investment firm to launch an ETF with the introduction of the LHA Market State US Tactical ETF (MSUS US) on Cboe ETF Marketplace. The actively managed fund uses Bayesian statistical techniques to infer the probability of change in price direction of the broad US equity market. Jeff Landle, Little Harbor Advisors’ CIO, said, “To maximize returns investors want to not only generate gains when the market goes up, but, importantly, to lessen losses when the market goes down.”

Cboe Vest launches option-enhanced S&P 500 ‘dividend aristocrats’ ETF

Mar 28th, 2018 | By
Cboe Vest launches S&P 500 dividend aristocrats ETF

Cboe Vest, the asset management arm of exchange operator Cboe Global Markets, has launched the Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG US), combining a well-recognised dividend growth strategy with a dynamic covered-call options overlay.

Stoxx introduces new custom index brand: Omnient

Mar 27th, 2018 | By
Stoxx launches investable indices for defined benefit pension plans

Zurich-based Stoxx has launched a new index brand, called Omnient, to offer custom indices based on its existing universe. Matteo Andreetto, CEO of Stoxx, commented, “Omnient addresses a clear need for solutions of low-to-medium complexity, differentiated from our premium brands.”

Active managers take a beating

Mar 20th, 2018 | By
Active managers struggling to beat their benchmarks, finds S&P DJI

Active equity managers in Europe have taken a beating in the past decade, overwhelmingly failing to outperform their benchmark indices over the last ten years, according to the latest S&P Indices Versus Active (SPIVA) Scorecard. The results support the ongoing argument that passive funds, such as index-tracking ETFs, pack a better punch than their actively managed counterparts.

Vanguard sector ETFs to reflect GICS changes

Mar 5th, 2018 | By
Three Vanguard ETFs switch indices to align with MSCI's sector changes

Vanguard is to alter the underlying indices for three of its NYSE-listed sector ETFs to reflect changes to the Global Industry Classification Standards methodology announced by MSCI in November 2017.

ProShares reduces VIX ETFs’ exposures following volatility blow-up

Feb 28th, 2018 | By
ProShares VIX ETFs reduce exposures following volatility blow-up

ProShares has reduced the degree of exposure underlying its two VIX-related ETFs following rapid, large swings in the products’ values during the equity market sell-off in early February.

ETFs not to blame for market sell-off, says new Fed Chair

Feb 28th, 2018 | By
Fed Chair Jerome Powell

“ETFs were not at the heart of the market decline”, said new Fed Chair Jerome Powell during his testimony to the House Financial Services Committee on Tuesday. In February, markets had the worst week since January 2016, and the eighth worst since 2008. The S&P 500 Index, underlying reference of the $275bn SPDR S&P 500 ETF (SPY US), fell 10% between 26th January and 8th February. Powell was asked to respond to a WSJ article which suggested that the close correlation between sectors during that period of volatility was driven by the growing popularity of ETFs.