Index IQ Launches Small-Cap Oil ETF

Index IQ has launched a new small cap oil exchange-traded fund.

Index IQ has launched a new small cap oil exchange-traded fund (ETF), ETF Trends reports. The IQ Global Oil Small Cap ETF will provide one-trade exposure global oil stocks to the investors in the small-cap arena. The new ETF is also a compliment to large-cap oil, gas and energy funds within a portfolio. Investors will have access to an array of global small-cap oil companies involved in areas, such as exploration and drilling, refining and marketing and equipment services and drilling.

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