The PowerShares NYSE Century ETF is open for trading


Invesco's (IVZ) ETF management group, PowerShares, announced the launch of the NYSE Century Portfolio ETF (NYCC) earlier today.

By tracking companies that have been incorporated in the U.S. for at least 100 years, with a market cap of over a billion dollars and are currently trading on the NYSE or NASDAQ, this fund offers exposure to some of the strongest institutions available.

Other multi-cap U.S. ETFs: VTI, SCHB, ITOT, ONEQ, IYY, NYC, EXT, FVI, EUSA, FNDB, TOTS

From other sites
Comments (2)
  • Storm Warning
    , contributor
    Comments (173) | Send Message
     
    It would seem the First Trust Capital Strength ETF (FTCS) is a much better approach to investing in "strong institutions", although it sticks to NASDAQ listings and has a high expense ratio (no word here on NYCC's expense ratio which is probably similar). At least the rationale is more on target with FTCS.
    15 Jan 2014, 11:55 AM Reply Like
  • SimonSaysShort
    , contributor
    Comments (116) | Send Message
     
    NYCC expense ratio: .50%
    FTCS expense ratio: .65%
    FTCS does not stick exclusively to NASDAQ listings, rather it uses the NASDAQ US Benchmark Index.
    Both seem expensive just to own a bunch of domestic cash rich companies...
    15 Jan 2014, 12:21 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs