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Newcomer Debuts ETF Pair: (IDIV)- (XDIV)

TedTed
in The Bullpen
FYI: Yesterday, Metaurus Advisors rolled out an unusual pair of ETFs structured as commodity pools that separate out stock and dividend performance into two separate components. The Metaurus Advisors’ U.S. Equity Cumulative Dividends Fund – Series 2027 (IDIV) and the Metaurus Advisors’ U.S. Equity Ex-Dividend Fund – Series 2027 (XDIV) will both primarily invest in futures contracts.

The two funds list on the NYSE Arca. IDIV comes with an expense ratio of 0.58%, while XDIV charges 0.29%.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/newcomer-debuts-etf-pair
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