The fourth quarter has seen a huge number of ETF launches, continuing the solid pace that we have seen so far in 2013. In fact, we are on pace for nearly 130 launches this year, helping to push the total ETF lineup closer to the 2,000 fund mark (see 4 Best New ETFs of 2013).
While there have been a lot of ‘plain vanilla’ ETFs that have launched in the past few weeks, one of the other major themes this quarter has definitely been in the income space. However, with the threat of the taper, many issuers have sought to play the income trend in a variety of different ways such as with the following three ETFs:
ProShares S&P 500 Aristocrats ETF (NOBL) -- This product zeroes in on companies that have been raising their dividends every year for at least 25 years. The product was launched on October 10th and it charges investors 0.35% a year.
RevenueShares Ultra Dividend Fund (RDIV) – This product uses a revenue-weighting methodology in order to give weights to securities, giving it a large cap focus on firms in the utilities and telecom space. RDIV was launched on the first of October and it charges investors 49 basis points a year in fees (see Alternative ETF Weighting Methodologies 101).
RiverFront Strategic Income Fund (RIGS) – If active bond management is more of your goal, this fund—which focuses on high yield and short term corporate debt- might be a great choice. The ETF launched on the ninth of October and charges investors a paltry 22 basis points a year in fees.
For more on these new income ETFs, and the broad trends in the fund world, make sure to watch our short video on the topic below:
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Read the analyst report on NOBL
Read the analyst report on RDIV
Read the analyst report on RIGS
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