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Several New Low Volatility ETFs Set To Launch On Thursday (JPMV, EUMV, QEFA, QEMM)

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Several New Low Volatility ETFs Set To Launch On Thursday JPMV, EUMV, QEFA, QEMM

The world of ETFs is about to expand by seven when iShares and State Street Global Advisors launch new ETFs on Thursday.

It is not common for so many ETFs to hit the market in one day and even more uncommon to have several of them concentrate on a niche theme.

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The three iShares ETFs are all focused on international markets and will join the four minimum volatility ETFs that are already in the iShares lineup.

The group of established ETFs in the niche sector has done well for iShares with all four above the $1 billion mark in assets.

The three new ETFs will focus on specific regions around the globe with one focusing specifically on Japan.

The Japanese ETF will be the first low volatility ETF to invest in an individual country.

The three ETFs are listed below:

Note: The expense ratios will vary: AXJV's expense ratio will be 0.35 percent, EUMV's will be 0.25 percent and JPMV's will be 0.30 percent.

iShares MSCI Asia ex-Japan Minimum Volatility ETF (NYSE: AXJV)

iShares MSCI Europe Minimum Volatility ETF (NYSE: EUMV)

iShares MSCI Japan Minimum Volatility ETF (NYSE: JPMV)

The three ETFs from State Street use a smart-beta strategy that will screen its universe of stocks for low volatility, value and quality.

The three ETFs that will begin trading on Thursday are below:

SPDR MSCI EAFE Quality Mix ETF (NYSE: QEFA)

SPDR MSCI Emerging Market Quality Mix ETF (NYSE: QEMM)

SPDR MSCI World Quality Mix ETF (NYSE: QWLD)

A seventh ETF that will also come from the State Street family is set to launch Thursday. The SPDR Euro Stoxx Small Cap ETF (NYSE: SMEZ) will concentrate on small cap stocks in the developed European nations.

This ETF will compete against the WisdomTree Europe Small Cap Dividend ETF (NYSE: DFE), which is up 39 percent in the last year.

 

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