Ados explains that ENTR is the established entrepreneur ETF, primarily based in the United States. It tends to be larger in market cap size, and typically doesn’t include banks.
ERSX is for up-and-coming entrepreneurial companies that can be found anywhere in the world. They are small in market cap size, and represent ideals that ERShares feels can make them entrepreneurial leaders well into the future.
What distances these two funds from others attempting to capture innovation? Namely the ERShares Entrepreneur Factor, developed more than 15 years ago. The continued use of this metric has led to excess returns over the period of study.
By Jane Street
ESG-conscious investing continues to drive headlines, and the data shows that market activity in ESG-related ETFs is increasing. Like most ETFs early in their life-cycle, trading volume for ESG ETFs currently skews “dark” with a high percentage of volume resulting in creations. As they mature, we would expect on-exchange volume to pick up particularly for the products that continue to attract assets.
Source: Bloomberg, as of 02/28/2021. ETFs include those categorized as either ESG, socially responsible, environmentally friendly, clean energy, or climate change.
ESG OTC and Primary Market Activity Similar to ETFs of Comparable Size and Maturity
When compared to overall ETF volumes, a significantly higher portion of ESG ETF trading occurs OTC. This is likely due to the category of ESG and sustainable ETFs being less established. Slightly more than half of today’s ESG ETFs were launched after 2017 and their median fund size is currently just $111 million. Acti
Rate-Hedged Bond ETFs for a Rising Interest Rate Environment March 10, 2021
With interest rates suddenly jumping to a one-year high off historic lows, bond exchange traded fund investors may be interested in interest-rate hedged fixed-income strategies that could help mitigate further rate risks ahead.
Specifically, the
ProShares High Yield Interest Rate Hedged ETF (Cboe: HYHG) are two rate hedged ETF strategies that try to eliminate the rising rate risks. The two rate-hedged bond ETFs achieve their diminished rate-risk status by shorting Treasury futures so that the underlying portfolio shows a near-zero duration – duration is a measure of sensitivity to changes in interest rates, so a zero duration translates to no sensitivity to changes.