Global X Russell 2000 ETF

RSSL

Market cap $1.42B

Looking for broad exposure to the Small Cap Blend segment of the US equity market? You should consider the Global X Russell 2000 ETF (RSSL), a passively managed exchange traded fund launched on June 4, 2024.

Looking for broad exposure to the Small Cap Blend segment of the US equity market? You should consider the Global X Russell 2000 ETF (RSSL), a passively managed exchange traded fund launched on June 4, 2024.

Looking for broad exposure to the Small Cap Blend segment of the US equity market? You should consider the Global X Russell 2000 ETF (RSSL), a passively managed exchange traded fund launched on 06/04/2024.

RSSL is a relatively new low-cost ETF tracking the Russell 2000 Index, a popular benchmark for small-cap stocks. Its expense ratio is 0.08% and the fund has $1.32 billion in assets. Despite its cheap 0.08% expense ratio, I don't recommend owning. There are several superior choices, both active and passive, that feature superior factor mixes and stronger track records. Quality is the primary issue. Since the Index is primarily cap-driven, 26% of companies, including 10% in Health Care, were allowed entry, making RSSL too speculative for my liking.

If you're interested in broad exposure to the Small Cap Blend segment of the US equity market, look no further than the Global X Russell 2000 ETF (RSSL), a passively managed exchange traded fund launched on 06/04/2024.

This week's edition of the ETF Prime podcast saw host Nate Geraci invite VettaFi Investment Strategist Cinthia Murphy to tour the key trends in new ETFs right now. Later, Tradr ETFs Head of Product and Capital Markets Matt Markovich joined the show to discuss his firm's calendar reset leveraged ETFs.

By Ryan Fitzgerald Week of June 3, 2024 KPI Summary This week, the industry experienced 15 ETF launches and 2 closures, shifting the 1-year Open-to-Close ratio to 2.57 and total US ETFs to 3,542.

On Wednesday, Global X launched the Global X Russell 2000 ETF (RSSL) on the NYSE Arca. “Small-cap investments can help investors gain exposure to new and innovative growth opportunities and diversify their core equity allocations,” noted Rohan Reddy, Global X ETFs' director of research.