Global X ETFs is setting its sights on the big fish, unfiltered and uncapped. The asset manager unveiled today that it is launching its PureCapSM Suite, a new set of five ETFs aimed to offer uncapped access to market capitalization dominators in primary U.S. sectors.
All five ETFs have an expense ratio of 0.25%, providing low-cost investors with a hassle-free way to better approximate the true weight of sector giants in their portfolios. Each fund tracks an MSCI USA sector index, weighted by constituents on a purely market-capitalization basis, without imposing the usual regulatory caps that can dilute performance.
