What Happened
As billions of dollars flow into ETFs emphasizing some variety of virtuous investing, the funds themselves are becoming more nuanced and refined.
One of the areas where ETF sponsors can effectively appeal to investors while limiting controversy is by focusing on the “E” – environment – in ESG. However, this space is ripe for refreshing. Enter the
Direxion World Without Waste ETF (NYSE:WWOW), which debuted last week.
Why It's Important
WWOW, which tracks the Indxx US Circular Economy Index, is part of a broad batch of new, non-leveraged ETFs introduced by Direxion this year, is the issuer's second product with an ESG feel. The