As many of you know, I'm a regular contributor over at ETFdb.com. One of the features I write every week is the "New ETF Launches" column. Since the information in the column should be useful to ETF Focus readers, I'm going to be publishing it here as well.
Many ETFs use the popular market-cap method of weighting components within the fund, with the S&P 500 being the most well-known example. Lately, fund providers have been launching new products that use alternative methods of weighting their portfolios. Two new ETFs debut this week that do just that.
This week’s new funds come from major ETF players: BlackRock and First Trust.
|Ticker||Name||Issuer||Launch Date||ETFdb.com Category||Expense Ratio|
|AMCA||iShares Russell 1000 Pure U.S. Revenue ETF||iShares||08/08/2017||Large Cap Blend Equities||0.15%|
|EDOW||First Trust Dow 30 Equal Weight ETF||First Trust||08/08/2017||Large Cap Blend Equities||0.50%|
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