New ETF Ideas for Investors
October 16, 2008
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RELATED TICKERS: IYT
, XLP
, XLV
The accompanying table presents an overview and statistics for 18 new global equity indexes and ETF proposals developed by ETF Innovators in order to provide investors with long or short investment vehicles for industry groups that currently have few or no ETFs on the market. The goal of these ideas is to provide investors with global equity index investment products which are more focused than broad-based ETFs such as iShares Dow Transports (IYT), Healthcare Sector SPDR (XLV), and Consumer Staples Sector SPDR (XLP).
However, the goal is to choose industry groups which are not too narrowly focused and have the potential to attract widespread investor interest. Some investment themes behind these industry groups include: pricing power for rail transport, high dividend yields + defensive nature of tobacco, global consolidation of generic drug industry, improved patient care + cost-savings for health info tech, and widespread weakness + high volatility in the airline + auto + maritime industries with the potential for a short/inverse ETF due to the global economic slowdown.