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Tickers in this Article: HSPX, ISRA, JPNL, JPNS, SPXH, TRSK, YYY
With a flood of strong economic reports coming in this week, the market saw a much needed uplift in returns. The markets finally seem to be stabilizing after a massive Treasury bond sell off last week and many ETF issuers have taken advantage of the strong market to introduce new funds .



New to the ETF universe, YieldShares introduced its first fund at the end of last week:

  • YieldShares High Income ETF : This unique ETF is comprised of 30 closed-end funds ranked highest overall in three criteria: fund yield, discount to net asset value and liquidity 
VelocityShares has brought out two new volatility hedge funds to compete in this small market:

  • VelocityShares Tail Risk Hedged Large Cap ETF  and Volatility Hedged Large Cap Using a portfolio of both equities and VIX futures, TRSK looks to hedge the tail risk that exists in the S&P 500. Much like TRSK, the SPXH also uses a combination of equities and VIX futures, but uses them to disperse any volatility risk that effects the S&P 500 .
Oklahoma natives, Exchange Traded Concepts launched its sixth ETF earlier this week:

  • Horizons S&P 500 Covered Call ETF : This ETF is built on long positions in the stocks of the S&P 500 Index and corresponding short call options,written out of the money on option-eligible stocks in the S&P 500 Index. 
Direxion added two new funds to its series of country specific bull and bear ETFs:

  • The Direxion Daily Japan Bull 3X Shares  and Bear 3X Shares : Tied to the MSCI Japan Index, these free floating indexes are designed to exaggerate the performance of the Japanese market through leverage and inverse holdings  .
Van Eck was the last on the scene this week, introducing the second Israel exclusive ETF:

  • Market Vectors Israel ETF : By tracking the performance of the largest and most liquid publicly traded Israeli companies, this ETF hopes to gain exposure to this relatively untouched Middle Eastern country. 
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Disclosure: No positions at time of writing.

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