Van Eck Launches Small Cap India ETF (SCIF)

Van Eck announced on Wednesday the latest addition to its ETF product lineup, rolling out the Market Vectors Small Cap India ETF (SCIF). The new ETF will seek to replicate the performance of the Market Vectors India Small-Cap Index, a benchmark that includes about 120 constituents with an average market capitalization of approximately $450 million. SCIF joins two existing Market Vectors ETFs offering exposure to small cap equities in emerging markets, including the Brazil Small Cap ETF (BRF) and Latin America Small Cap ETF (LATM). ETFs from other issuers offer exposure to small cap stocks in China (HAO) and Japan (SCJ, JSC). Funds targeting small cap stocks in international market have become popular with investors in recent years because they generally maintain unique risk/return profiles relative to the “first generation” of international equity ETFs that are dominated by large caps. Small cap stocks tend to depend more heavily on the [...] Click here to read the original article on ETFdb.com. Related Stories: IndexIQ Launches Small Cap Australia, Canada ETFs (CNDA, KROO) Small Cap India ETF (SCIN) Debuts India Infrastructure ETF (INXX) Hits The Market