It was only last month that we discussed a new ASX exchange-traded fund (ETF). BetaShares has subsequently launched its new BetaShares Cloud Computing ETF (ASX: CLDD). The ETF has had a fairly unremarkable start to ASX life since it listed on 24 February. BetaShares isn’t done yet either. It’s now planning to launch the BetaShares Climate Change Innovation ETF (ERTH) it the near future as well.
But BetaShares isn’t the only ETF provider that seems bent on expanding its stable of exchange-traded funds for Aussies to choose from.
VanEck is also champing at the bit, it seems.
You might know VanEck for its VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT). Or perhaps the VanEck Vectors Australian Equal Weight ETF (ASX: MVW) that we discussed a few months ago. There’s also the VanEck Vectors Gold Miners ETF (ASX: GDX), which has a following amongst the gold bugs out there.
VanEck has been busy. It was only back in August last year that the Fool covered VanEck’s plans to launch 4 new ETFs – all of which have subsequently hit the ASX boards.
3 new ETFs from VanEck
However, VanEck has more up its sleeves. According to the fund provider, VanEck has another 3 ETFs in the pipeline that it plans on launching soon.
- the VanEck Vectors MSCI International Small Companies Quality ETF (ticker to be QSML)
- the VanEck Vectors Global Clean Energy ETF (ticker to be CLNE)
- finally, the VanEck Vectors MSCI International Value ETF (ticker to be VLUE)
Regarding the International Small Companies Quality ETF, this fund is set to be modelled off of VanEck’s existing VanEck Vectors MSCI World ex Australia Quality ETF (ASX: QUAL). QUAL selects mid and large-cap companies based on metrics like debt to equity and earnings growth.
The Global Clean Energy ETF is fairly self-explanatory. It will reportedly seek to capitalise on the global shift away from non-renewable fuels like oil and coal. This will be achieved by investing in companies that provide green, renewable energy.
The VanEck Vectors MSCI International Value ETF is an interesting one though. The company states that “in an Australian first, VanEck is offering investors a way to access a portfolio of international companies selected for their higher value score relative to sector peers, as measured by MSCI”.
This will be done by comparing a company against its peers using metrics. Which includes book value and forward price-to-earnings (P/E) ratios. The fund will invest in 250 companies from around the world that fulfil these criteria. VanEck notes that “to date, only institutional investors have been able to access low-cost passive international value investments”. That’s a paradigm the company is hoping to change with this new ETF.
So index investors, rejoice, or wring your hands, depending on your ETF fatigue. You are about to have three more ETFs to choose from, regardless.
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Motley Fool contributor Sebastian Bowen owns shares of VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool Australia has recommended VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.
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