Small exchange-traded fund (ETF) providers can sometimes craft interesting alternative strategies for investors. ETFs typically are market-capitalization weighted proxies for a sector or a country, but small providers ArrowShares, ELEMENTS and RevenueShares offer innovative ways to invest.
ArrowShares has the Arrow Dow Jones Global Yield ETF (GYLD), which offers a composite index of five sector-specific indices of high-yield companies. So far this year, GYLD is up 4.67% and it currently enjoys a healthy 5.72% yield.
Read more about these small ETF providers and their alternative funds at Eagle Daily Investor.