Claymore Securities now offers ETFs based on the Wilshire 5000 Total Market, Wilshire 4500 Completion and Wilshire U.S. Real Estate Investment Trust indexes.
The Wilshire-related ETFs provide investors with more of a “core holding” than other Claymore ETFs, which “typically represent a smaller part of a client's portfolio,” William Belden, managing director of Claymore, said in an interview.
Many of Claymore's ETFs are narrowly focused on areas such as Chinese technology, Canadian energy and global solar stocks. Mr. Belden said the Wilshire-related ETFs bring to 35 the number of his firm's ETF offerings.
“You can't be any more ‘core' than the Wilshire 5000,” Robert J. Waid, managing director at Wilshire, said in an interview.
Although Claymore's ETFs are more geared to retail investors, Mr. Belden said the Wilshire-related ETFs reflecting broader market exposure could raise its profile among institutional investors and defined contribution plans.