As the ETF markets continue to mature they also get more creative. While the initial focus of ETF's was index in nature, over the years they have expanded into more specific focuses such as sectors, commodities, and volatility. But as any good industry matures it also gets more creative and the ETF space is no exception. Today we will highlight three very unique ETF's you may have never thought existed.
Ever wanted to invest in booze? We as of July 24th there is an ETF that focuses specifically on companies that sell the hard stuff
Moving from investing in spirits to investing spiritually we have the Inspire Global Hope ETF (NYSE BLES). This ETF works with Large-cap companies that embrace "biblical values." What companies could they invest in that hold "biblical values?" According to their holdings they have identified 293 public companies around the world. Names like Michael Kors
Finally, you may have thought, if there are all these ETF's out there then maybe I want to invest in the companies that make money off the ETF's. Well if that's the case then there is a new ETF that makes money off the companies that make money from ETF's. Still with me? The ETF Industry Exposure & Financial Services ETF