As exchange-traded funds (ETFs) continue to draw assets, innovation remains at the forefront of competiveness. As a result, ETF provider, Global X, has recently announced the launch of its newest ETFs.
These ETFs include the Global X Aluminum ETF, the Global X Lithium ETF, the Global X Uranium ETF, the Global X Food ETF, the Global X Shipping ETF, the Global X Waste Management ETF and the Global X Fishing ETF – all sectors or industries that are likely to reap the benefits of an expanding global economy and population.
These unique products are nothing new to Global X, who recently introduced the Silver Miners ETF (SIL) and the Copper Miners ETF (COPX), both of which provide direct exposure to companies involved in the mining and production of the respective metals.
The products are expected to enable investors to gain diversified exposure to commodity driven industries and sectors which are traditionally difficult to access and are generally more volatile than traditional equities.