ProShares has launched three new thematic equity ETFs on NYSE Arca focused on ‘new economy’ business segments including clean technology, smart factories, and big data and analytics.

By Varun Raju, Team Lead, Products, and Vaibhav Agarwal, Head of Products, Indxx.

The unrelenting growth of passive investing, owing to its ease and low costs, has further galvanized index providers and fund managers to discover innovative solutions and reduce market inefficiencies.

Direxion has launched a new ETF providing magnified exposure to a basket of popular US technology and technology-enabled stocks.

VanEck has launched a new ETF in Europe targeting high-quality Chinese companies from so-called ‘new economy’ sectors while taking into account ESG criteria.

VanEck has launched a new ETF on LSE and Xetra targeting companies that mine and process rare earth minerals and so-called strategic metals, such as lithium and cobalt.

EMQQ, a $1.3bn top-performing emerging markets ETF focused on internet and e-commerce stocks, has been joined by a sibling fund that delivers essentially the same strategy but excluding stocks from China.

ETF Managers Group has launched a new thematic equity ETF on NYSE Arca in partnership with Breakwave Advisors that provides exposure to companies actively reducing the carbon footprint of the global maritime sector.

Amplify ETFs has launched a new thematic equity ETF targeting companies benefitting from the rise of online trading in securities and digital assets.

AdvisorShares has launched the AdvisorShares Psychedelics ETF (PSIL US), a new actively managed ETF providing exposure to companies developing therapeutic solutions using psychedelics.

Thematic and ESG investment strategies are expected to play a significant role in the future growth of passive investing in Europe, according to financial research firm Cerulli Associates.