This Week’s ETF Launches: Thematic ‘Me-Too’ Funds & Dialing Back Volatility

Despite it being the summer doldrums, exchange-traded funds’ (ETFs) sponsors were busy this past week. The last seven days saw the launch of four funds from two different sponsors. Relative newcomer to the ETF world, Principal Financial Group, expanded its line-up to a total of five ETFs, while multi-billion dollar ETF-provider First Trust continued to flesh out its successful sub-managed active ETF suite.