Guggenheim Draws a Unique Portfolio Picture
An exchange-traded fund (ETF) provider with a name more recognizable from the world of art, rather than investments, is Guggenheim. But Guggenheim Investments, a subsidiary of Guggenheim Partners, also is one of the legacies of the Guggenheim family, which first made its wealth in silver mining before later generations championed the visual arts, including the creation of three premier museums of modern and contemporary art.
However, any dealings with Guggenheim Investments are not likely to involve a pure play in silver or other commodities, or even difficult-to-measure alternative investments such as art. Roughly half of Guggenheim Investments’ 60 ETFs are either Equal Weight ETFs or BulletShares Bond ETFs.
Equal Weight ETFs contain each component of the fund equally at the time of inception and periodic rebalancing. An Equal Weight ETF also may capture some of the benefits of small-cap investing, since such small-capitalization companies outperform large-cap firms historically.
Read more about Guggenheim’s unique approach to investing with exchange-traded funds at Eagle Daily Investor.