First Trust and Global X roll out new funds today

|About: First Trust RBA Quality... (QINC)|By:, SA News Editor

The First Trust RBA Quality Income ETF (QINC) and RBA American Industrial Renaissance ETF (AIRR) will track their respective Richard Bernstein Advisors indexes; QINC will focus on total return through global firms with strong dividends and capital appreciation potential, while AIRR will invest in both small and mid-cap domestic firms in the industrial and community banking sectors.

High dividend ETFs and capital strength ETFs: VYM, HDV, KBWD, PEY, DIV, RDIV, FTCS

Regional banking ETFs: KRE, KBE, IAT, RKH, QABA, KRU, KBWR, KRS

The Global X Guru Small Cap Index ETF (GURX) and Guru International Index ETF (GURI) are hoping to capitalize on the success of GURU by offering exposure to small-cap and international (respectively) stocks that large hedge fund managers hold.

Broad hedge fund replication ETFs: QAI, MCRO, HDG, QEH