New Small-Cap ETFs for Canada and Australia

IndexIQ has added two new funds to the firm’s ETF line-up.

The IQ Canada Small Cap ETF (CNDA) and IQ Australia Small Cap ETF (KROO) track indices intended to give investors a means of passively tracking the overall performance of the small-capitalization sector of publicly traded companies domiciled and primarily listed on exchanges in Canada and Australia respectively.

The expense ratio for both ETFs is 0.69%.

For more ETF investing choices, see the country ETF directory.