Claymore Securities has added to its ETF line-up a suite designed to track three of Wilshire Associates’ broad market indexes: the Wilshire 5000 Total Market ETF (WFVK), the Wilshire 4500 Completion ETF (WXSP), and the Wilshire US REIT ETF (WREI).
The Wilshire Indexes are used extensively by institutional and active money managers as performance benchmarks.
According to a Claymore spokesperson, the Wilshire indexes are designed to give investors a pure and complete measure of the market without arbitrary rules and restrictions that introduce biases. Through these ETFs, investors will now have an efficient way to gain total market exposure and access to the institutional-level expertise for which Wilshire is known.
The Wilshire ETF suite includes:
* WILSHIRE 5000 TOTAL MARKET ETF (NYSE Arca: WFVK) – The Fund seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Wilshire 5000 Total Market IndexSM (the “Wilshire 5000”). The Wilshire 5000 seeks to capture the full diversification potential of the U.S. securities market.
* WILSHIRE 4500 COMPLETION ETF (NYSE Arca: WXSP) – The Fund seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Wilshire 4500 Completion IndexSM (the “Wilshire 4500”). For investors who already have access to the S&P 500, the Wilshire 4500 provides an easy way to gain exposure to the approximately other 88% of the U.S. stock market, based upon the number of issues in the market.
* WILSHIRE US REIT ETF (NYSE Arca: WREI) – The Fund seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Wilshire US Real Estate Investment Trust IndexSM (“Wilshire US REIT”). For portfolios concentrated in stocks and bonds, exposure to this index seeks to provide investors with the diversification and income potential of the REIT market.
For more ETF investing choices, see the total market ETF directory.