Another flurry of exchange-traded funds has hit Wall Street in the form of five funds from ETF industry newcomer Claymore Securities and another five under the familiar name of Barclays Global Investors.
Claymore’s offerings are relatively specialized. For example, the Claymore BNY BRIC (Amex: EEB) shadows the Bank of New York BRIC Select ADR index, which consists of companies from the emerging economies of Brazil, China, India and Russia. The other Claymore funds are focused on dividends, market sector rotation and overlooked stocks: respectively, the Claymore Zacks Yield Hog (Amex: CVY), Claymore Zacks Sector Rotation (Amex: XRO), the Claymore Sabrient Insider (Amex: NFO) and Claymore Sabrient Stealth (Amex: STH) funds. All trade on the American Stock Exchange.