NEW YORK ( TheStreet) -- As evidenced by February's ETF flows, droves of investors have been piling into plain vanilla exchange traded funds. Given this preference, Claymore could not have picked a better time to launch its family of Wilshire 5000-focused exchange traded funds.
On Tuesday, the company launched three funds designed to track different slices of the Wilshire 5000 Index: the Claymore Wilshire 5000 Total Market ETF (WFVK), the Claymore Wilshire 4500 Completion ETF (WXSP), and the Claymore Wilshire U.S. REIT ETF (WREI).
Broad-based funds such as these are a throwback to the roots of the exchange traded fund industry. Today, ETF investors can track everything from TIPS to biotech to natural gas, but the very first exchange traded fund was designed as a simple catch-all for investors looking for cheap exposure to the broad S&P 500.
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