A Dozen New ETFs in the First Dozen Days of October

Early October saw more new ETFs come to market.  The twelve recent introductions push the year-to-date count of new ETFs and ETNs to 260.  The industry is on pace to have the most prolific year yet for new exchange-traded products. October’s early dozen includes four new ProShares ETFs, Russell’s expansion of its Disciplined Index ETFs into the small cap space, additional Chinese Renminbi-based products from CurrencyShares and Market Vectors, a TrimTabs actively-managed fund from AdvisorShares, and a UBS leveraged cloud computing ETN. Here is a brief description of each new product along with my initial comments: CurrencyShares Chinese Renminbi Trust (FXCH) (FXCH overview) was launched by Rydex on 10/4/11 and is designed to track the price of the Chinese . . . → Read More: A Dozen New ETFs in the First Dozen Days of October