Stocks rallied this week after Federal Reserve Chairman Ben Bernanke quelled fears of the Fed scaling back its massive bond-buying program, reassuring that the economy still needs “highly accommodative monetary policy for the foreseeable future.” With earnings season just underway and analyst expectations still low, this rally may not last long, but two ETF issuers decided to take advantage of the post holiday market euphoria [for more ETF analysis, make sure to sign up for our free ETF newsletter].
Market veteran State Street, introduced a new way to gain exposure to Small Caps:
- Russell 2000, State Street released this new fund just after Independence day and already TWOK is making a dent in the existing Russell funds; IWM and VTWO [see 101 High Yield ETFs For Every Dividend Investor].
- iSharesBond 2016 Corporate Term ETF (IBDA)
- iSharesBond 2018 Corporate Term ETF (IBDB)
- iSharesBond 2020 Corporate Term ETF (IBDC)
- iSharesBond 2023 Corporate Term ETF (IBDD)
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Disclosure: No positions at time of writing.