With the recent transportation-themed launches, Claymore seems to be trying to develop a theme around the sector.

 

Claymore Securities is digging into the battered transportation sector more with plans to launch the first exchange-traded fund focusing on the airlines industry.

Next month, the ETF provider says the Claymore/NYSE Arca Airline ETF should be ready to trade. The announcement comes after Claymore earlier this year launched the Claymore/Delta Global Shipping ETF (NYSE Arca: SEA).

Both ETFs fit within the area of transportation portfolios, of which there are only a handful of ETFs. The biggest is the iShares Dow Jones U.S. Transportation (NYSEArca: IYT). IYT is the only transportation ETF with a significant level of assets.

The first-mover advantage does exist for the airlines ETF (as it did in the case of SEA), since there is no airline-specific ETF in the U.S.

Claymore's SEA has not seen the type of early success

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An Index of Top Rated Global Transport Companies The accompanying table includes the top 50 rated companies and statistics for the ETF Innovators (ETFI) Global Transportation PerformIdex, which is structured as an equally-weighted index with quarterly updates from a database of 225 companies included in the five indexes below to provide broader investment exposure compared to existing ETFs such as iShares Dow Transports (IYT) and PowerShares Global Progressive Transport (PTRP). 1.) ETFI Global Air Transport 2.) ETFI Global Personal Transport 3.) ETFI Global Maritime Transport 4.) ETFI Global Railroad Industry 5.) ETFI Global Trucking & Logistics The index is structured to include 15 companies each from railroads + trucking & logistics, 10 companies from air transport, and five companies each ...

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