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ETF Watch: January 1 – January 15
By Matt Hougan | January 17, 2008

Related ETFs: XLE / XLV / OIL / IYR / ACWI / EFA / EEM / EWJ / IWF / IWD / IWM / IVV / IGF / IJR / SLV / KOL / GDX / ITM / MLN / NLR / XLB / DBA / PSI / GII / GLD / CWI / MDY / SPY / XLU
  • Page 1: New ETF listings and new ETFs in registration
  • Page 2: ETF industry statistics?including weekly performance update
  • Page 3: The complete list of ETFs (and ETNs) in registration

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NEW LISTINGS

Market Vectors?Coal

Alternative energy is hot, but coal may be the hottest alternative of all.

Van Eck launched a new ETF called the Market Vectors?Coal ETF, which is the first fund to offer focused exposure to the coal markets. The underlying index for the fund was up an astonishing 103% in 2007, as high oil prices pushed up demand for the readily available coal.

The fund launched on NYSE Arca on January 14. It charges 0.65% in annual expenses.

Full coverage is available here from IndexUniverse.com.
The prospectus is available here.

Intermediate Munis

 

Van Eck launched the Market Vectors–Lehman Brothers AMT-Free Long Municipal Index ETF (AMEX: MLN) on the American Stock Exchange on January 7. The fund includes fixed rate bonds with durations of at least 17 years. The new ETF joins the Market Vectors–Lehman Brothers AMT-Free Intermediate Municipal Index ETF (AMEX: ITM), which was launched December 6 and tracks the Lehman Brothers AMT-Free Intermediate Municipal Index. The components of the intermediate index have a nominal maturity of six to 17 years.

The new fund carries an expense ratio of 0.24%.

The prospectus is available here.

NEW ETF LISTINGS
Fund Ticker Exchange ER Inception Asset Class
Market Vectors–Coal ETF KOL NYSE Arca 0.65% 1/14/08 Sector - Energy
Market Vectors–Lehman Brothers AMT-Free Long Municipal Index ETF MLN AMEX 0.24% 1/7/08 Bonds