Seven Surprisingly Large ETFs
19.05.12
Below, we list seven ETFs with a large base of assets though many investors may not be aware or simply would not expect these funds to hold billions in assets. Alerian MLP Index ETN ( AMJ )
This note tracks an index which tracks the performance of the MLP sector. Master Limited Partnerships are well-liked by investors due to the large income streams that they offer their investors; when a firm pays out a certain portion of its revenues as dividends, it can effectively eliminate a number of tax burdens that a normal company is subjected to. AMJ is home to assets of over $4 billion despite launching in 2009, proving its investment thesis to be a hot topic among the general public. The fund pays out a dividend yield of around 4.6% and has returned over 6% in 2012 [see also Five Commodity MLPs With Sky High Yields ].
MSCI Brazil Index Fund ( EWZ )
With nearly 12 years of trading under its belt, EWZ is easily one of the most popular country-specific emerging market ETFs. The fund tracks Brazilian equities with top holdings like oil giant Petrobras. With returns of nearly 20% this year and almost 94% for the trailing three year period, it is easy to see why investors have flocked to EWZ. The fund has about $10.7 billion in assets with an average daily trading volume of about 15.7 million shares. The aforementioned figures make EWZ the 20th largest U.S.-listed ETF as well as one of the most traded.
Source: ETF Database