Global X Food ETF (EATX)
EATX is a relatively young fund, debuting in May of this year, that offers a compelling investment thesis. The product tracks a benchmark designed to measure the performance of the food industry, making this ETF a rather unique choice.
Top holdings in EATX include Nestle (NSRGY), Kraft Foods (KFT), Kellogg Company (K), and General Mills (GIS). With a number of its holdings selling food that consumers will buy despite market conditions, it should come as no surprise to see its beta come in at a low 0.55. As a low-beta product with a number of consumer staples in its holdings, EATX has a lot of potential in this shaky market setting.
EG Shares Emerging Markets High Income Low Beta ETF (HILO)
HILO made its debut on August 4, just about the worst time possible for any product to hit the market. But with its compelling methodology, the fund has already attracted massive investor attention, trading an average of approximately 38,400 shares each day.
The fund invests in a number of different countries, with Malaysia, South Africa, and Brazil leading the way. Though there is no official beta available for this young product, it has certainly caught the eyes of many because it promises stability in markets where there is none. Those seeking a low-beta option should give HILO a closer inspection to see if it is right for them.
NEXT: 2 More Steady ETFs for Rocky Markets