Hoya Capital Real Estate, a research-focused investment advisor specializing in real estate securities, launched its first ETF, and it offers diversified exposure across the entire U.S. housing sector.
The Hoya Capital Housing ETF (HOMZ) seeks to track the Hoya Capital Housing 100 Index, a rules-based index designed to track the 100 companies that collectively represent the performance of the U.S. housing sector including home builders, home rental operators, home services and technology firms, and home improvement companies.
The index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage. HOMZ has total annual fund operating expenses of 0.45%
FTSE Russell Launches Indicative Digital Assets Index
FTSE Russell announced plans for a new indicative FTSE Digital Assets Index.
The indicative index, which is being produced in association with DAR Data Services, will be used to evaluate and test a benchmark for the most actively traded digital assets. It will also help assist establish new industry standards for the digital assets market, in consultation with market participants, and provide a framework for greater research and understanding of this new asset class.
The indicative index, which will be available to registered users, will be calculated every 15 seconds, 24/7 with data sourced from selected digital exchanges vetted and approved by DAR.
FTSE Russell will also provide a volume-weighted average price for all 100 constituent digital assets. The volume-weighted average prices will be calculated by DAR, taking raw prices from the vetted exchanges and quality screened to remove erroneous and outlying prices prior to publication.
The digital assets market includes exchanges and trading venues that trade cryptocurrencies, digital tokens and coins. FTSE Russell will establish an Advisory Group to help define assets eligible for index inclusion and publish these in due course.
Transamerica Launches Risk-Managed Emerging Markets ETF
Transamerica Asset Management launched a new ETF that offers investors the opportunity to participate in the performance of the 100 largest companies in the emerging markets plus the Republic of Korea.
The DeltaShares S&P EM 100 & Managed Risk ETF (DMRE) seeks to track the investment results of the S&P EM 100 Managed Risk 2.0 Index, which is designed to simulate a portfolio that dynamically adjusts its allocations across the S&P EM 100 Index. Its total annual operating expenses is 60 basis points.
Investing in a combination of emerging market stocks, U.S. Treasury bonds, and cash, the fund strives to optimize its investment choices by utilizing rules-based, transparent strategies based on stock market volatility trends.
DMRE is an expansion of the DeltaShares by Transamerica suite of strategic beta ETFs introduced in August 2017.