iShares Files for International Ex-U.S. Sector ETFs

by: Jersey Trader

iShares has filed for some international ex US sector ETFs. They currently have US sector and global sector ETFs and so they are probably trying to fill out their line of products. The ETFs will track MSCI All Country World ex US sector indices. The ETFs iShares has filed for will compete with several other international and global sector ETFs.

The ETFs that iShares has filed for are:

  • iShares MSCI ACWI ex US Consumer Discretionary Index Fund
  • iShares MSCI ACWI ex US Consumer Staples Index Fund
  • iShares MSCI ACWI ex US Energy Index Fund
  • iShares MSCI ACWI ex US Financials Index Fund
  • iShares MSCI ACWI ex US Health Care Index Fund
  • iShares MSCI ACWI ex US Industrials Index Fund
  • iShares MSCI ACWI ex US Information Technology Index Fund
  • iShares MSCI ACWI ex US Materials Index Fund
  • iShares MSCI ACWI ex US Telecom Services Index Fund
  • iShares MSCI ACWI ex US Utilities Index Fund

The most successful international / global sector ETFs have been the iShares Global Sector ETFs which track the S&P Global sector indices. These are also iShares ETFs and so iShares is not going to be worried about competing with these.

The Wisdom Tree ETFs have been somewhat successful and track Wisdom Tree indices that are dividend weighted. The indices are developed market ex US and Canada. Dividend investing has not really caught on so I don’t see much competition from these ETFs.

The SPDR international sector ETFs track S&P Developed ex-US sector indices. They all have low volume with an average volume in the low thousands. These ETFs are the most similar to what iShares has filed for and so if investors are interested in ex-US sector ETFs, than the SPDR international sector ETFs should not be much of a competitor.

Disclosure: No positions

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