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ETF Watch: January 18 – January 22
By Heather Bell | January 25, 2010

Here are some of last week’s highlights:

  • Jefferies unveils wildcatters ETF
  • ProShares adds more leveraged Treasury funds to lineup
  • PowerShares files for small-cap sector ETFs

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NEW LISTINGS

Jefferies Rolls Out Wildcatters ETF

Jefferies launched the new Jefferies | TR/J CRB Wildcatters Exploration & Production Equity ETF (NYSEArca: WCAT) on Jan. 20. The fund is an equity-based commodities fund tracking the Thomson Reuters/Jefferies CRB Wildcatters Energy E&P Equity Index, a modified cap-weighted, float-adjusted, rules-based benchmark tracking oil and gas explorers and producers based in the U.S. and Canada. The index is rebalanced quarterly. Each company in the index must have a market cap between $200 million and $2 billion, making this a fund consisting primarily of small- to mid-cap firms. As of Dec. 31, most of the companies in the index (67.7 percent) were domiciled in the U.S., with the rest (32.3 percent) in Canada; two-thirds are natural gas companies.

WCAT carries an expense ratio of 0.65 percent.

Read the original IU.com article here.

Read the prospectus here.

ProShares Launches Treasurys Funds

ProShares launched two new ETFs on Jan. 21 that give investors leveraged exposure to the U.S. Treasury market. The ProShares Ultra 20+ Year Treasury (NYSEArca: UBT) and ProShares Ultra 7-10 Year Treasury (NYSEArca: UST) are designed to deliver 200 percent of the daily return of their respective indexes. Both charge expense ratios of 0.95 percent.

Read the original IU.com article here.

Read the prospectus for UBT here.

Read the prospectus for UST here.

NEW FILINGS

PowerShares Files For Small-Cap Sector ETFs

PowerShares has taken steps to launch an extensive lineup of small-cap sector ETFs. Each sector-specific benchmark is a subset of the S&P SmallCap 600 Index, which is a float-adjusted, market-capitalization-weighted index reflecting the U.S. small-cap market. The U.S. companies included in the portfolio have a capitalization of anywhere from $250 million to $1.2 billion, and have at least 50 percent of their stocks in the hands of public investors.

The ETFs currently in registration are:

  • PowerShares S&P SmallCap Consumer Discretionary Portfolio
  • PowerShares S&P SmallCap Consumer Staples Portfolio
  • PowerShares S&P SmallCap Energy Portfolio
  • PowerShares S&P SmallCap Financials Portfolio
  • PowerShares S&P SmallCap Health Care Portfolio
  • PowerShares S&P SmallCap Industrials Portfolio
  • PowerShares S&P SmallCap Information Technology Portfolio
  • PowerShares S&P SmallCap Materials Portfolio
  • PowerShares S&P SmallCap Telecommunication Services Portfolio
  • PowerShares S&P SmallCap Utilities Portfolio

Read the original IU.com article here.

Read the SEC filing here.