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Portfolio > ETFs

New Filings Offer Excitment

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An already busy third quarter saw a flurry of ETF registration filings.

WisdomTree, which recently launched a new menu of dividend-oriented ETFs, is looking to add more funds to its lineup. If they’re granted SEC permission to trade, the WisdomTree international sector ETFs will be the first ETFs to offer pure sector-by-sector exposure to foreign markets:

o WisdomTree International Basic Materials Sector Fund

o WisdomTree International Communications Sector Fund

o WisdomTree International Consumer Cyclical Sector Fund

o WisdomTree International Consumer Non-Cyclical Sector Fund

o WisdomTree International Energy Sector Fund

o WisdomTree International Financial Sector Fund

o WisdomTree International Health Care Sector Fund

o WisdomTree International Industrial Sector Fund

o WisdomTree International Technology Sector Fund

o WisdomTree International Utilities Sector Fund

“Since our inception, we have focused on developing innovative products designed to passively outperform traditional benchmarks,” says WisdomTree President/Chief Operating Officer Bruce Lavine. “International sectors offer an added dimension as the first pure non-U.S. sector ETF family. Combined with our recently launched international small- and mid-cap funds, WisdomTree will be bringing to market a unique set of international ETFs.”

All WisdomTree ETFs track proprietary fundamentally-weighted dividend indices. In contrast to capitalization-weighted indices, the WisdomTree indices anchor the initial weights of individual stocks to dividends paid as a measure of fundamental value.

Not to be outdone, PowerShares filed with the SEC to introduce seven new ETFs to provide a broad span of exposure to private and preferred equity.

In particular, the PowerShares Wilderhill Progressive Energy Portfolio will select companies that improve the use of fossil fuels and nuclear power. As such, the ETF will be sharply differentiated from the existing PowerShares Wilderhill Clean Energy Portfolio (PBW), which focuses on companies involved in the development of clean energy technologies like solar and wind. PBW has amassed almost $700 million in assets and has been one of the most successful members of the PowerShares family.


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