Arrow Funds adds two ETFs to E*TRADE’s commission-free platform

May 5th, 2017 | By | Category: ETF and Index News

ETF STRATEGY NEWS! ETF Strategy is delighted to announce the launch of ETF Strategy Hub (hub.etfstrategy.com), an on-demand repository of webcasts, videos, podcasts and white papers. Debuting with Special Series on Technology & Innovation in China and the Digital Economy.


Arrow Funds has placed two ArrowShares exchange-traded funds on E*TRADE‘s commission-free ETF platform. The firm’s flagship ETF, the Arrow Dow Jones Global Yield ETF (NYSE: GYLD), as well as the Arrow DWA Tactical ETF (NASDAQ: DWAT) can now be bought and sold without paying brokerage commissions via E*TRADE’s platform.

Arrow Funds adds two ETFs to E*TRADE's commission-free platform

The Arrow Dow Jones Global Yield ETF and the Arrow DWA Tactical ETF can now be bought and sold without paying brokerage commissions via E*TRADE’s platform.

“We are pleased to enhance accessibility to two Arrow ETFs that can help investors meet specific portfolio needs,” said Joseph Barrato, CEO and director of investment strategy at Arrow Funds. “The Arrow Dow Jones Global Yield ETF addresses the income challenge that so many investors currently face, while the Arrow DWA Tactical ETF offers an attractive option for investors seeking a global macro strategy.”

The Arrow Dow Jones Global Yield ETF tracks the Dow Jones Global Composite Index which provides global, multi-asset exposure to traditional and alternative sources of yield, including global sovereign debt, global equity, global real estate, global alternatives (Master Limited Partnerships) and global corporate debt. GYLD is equally-weighted across its five yield categories to enhance diversification in the fund.

Indicative of the fund’s income-generating potential, the 30-day SEC yield is 6.7%.

The Arrow DWA Tactical ETF provides an active strategy that leverages Dorsey, Wright & Associates’ (DWA) proprietary relative strength methodology to respond to changing market conditions. Based on the DWA Systematic Global Macro Model, DWAT allocates to those market segments demonstrating the strongest relative strength among global equities, global fixed income and global alternatives such as real estate, currencies and commodities.

“As investors’ level of sophistication grows, so does their interest and awareness of ETFs beyond the mainstream as they seek nuanced strategies that can be deployed for specific opportunities,” said Rich Messina, investment product management at E*TRADE. “With the addition of two Arrow ETFs, we continue in our pursuit to offer our customers a robust range of investment choices that are commission-free to trade.”

In addition to GYLD and DWAT which are now available on E*TRADE’s commission-free trading platform, Arrow also offers the Arrow QVM Equity Factor ETF (QVM) and the Arrow Reserve Capital Management ETF (ARCM).

Tags: , , , , , , ,

Leave a Comment