7 of the Most Unusual ETFs

7 of the Most Unusual ETFs

August 31, 2011

First Trust NASDAQ CEA Smartphone Index (FONE)

Inception Date: February 17, 2011
Net assets: $14.5 million
For investors who want to dial in to the growth in the smartphone market, First Trust this year launched an ETF dedicated to the gadgets, including handset makers, software developers, and network providers. Top holdings include Motorola Mobility Holdings, which is being bought by Google, as well as Apple, Nokia, and Chinese manufacturer Foxconn International Holdings.
Inception Date: <strong>February 17, 2011</strong><br/>Net assets: <strong>$14.5 million</strong><br/>For investors who want to dial in to the growth in the smartphone market, First Trust this year launched an ETF dedicated to the gadgets, including handsprevnext

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