ETRACS Next Generation Internet ETN (EIPO)
Debuting in 2011, EIPO was the first fund to offer targeted exposure to Internet-related companies that had been publicly traded for less than three years. Its portfolio was comprised of 20 components, including RackSpace, LinkedIn, Pandora, Ancestry.com, and OpenTable. Though the fund appealed to some niche investors, it failed to attract significant inflows, forcing it to close in 2013.
U.S. Market Neutral Beta Fund (BTAH)
This fund started trading in 2011, along with a slew of other “market neutral” products offered by QuantShares. BTAH was designed to capture the spread return between high-beta and low-beta stocks, allowing investors to make a bullish bet without the excessive risk of long-only exposure. Though the fund managed to outperform the broader market for the majority of its existence, BTAH closed shop not long after the fund’s launch.
The Bottom Line
Though many of the ETFs on this list seemed like compelling options given their unique focus, lack of investor interest ultimately caused all of them to go belly up. But with so many more products on the way, investors will have no problem finding other options.
Daniela Pylypczak writes for ETFdb, which offers a comprehensive and original ETF database and analytical consulting services for advisors and investors, as well as a free newsletter. Learn more about their services by visiting ETFdb.com. Disclosure: the author had no positions in the securities named in this article at the time of writing.