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Russell Makes Strategic Retreat From Index ETF Business

We actually liked Russell's indexed ETFs and thought they offered some unique features. (See Russell Launches Suite of Investment Discipline Index ETFs, Second Wave of Russell ETFs Comes Ashore and Russell Takes Factor ETFs International.)

As noted above, at least some of the Russell offerings attracted a decent asset base, but apparently not enough to outweigh other business considerations.

The complete list of ETFs to be closed is below. They will be closed to new investment on Oct. 9, delisted on Oct. 16 and fully liquidated no later than Oct. 24. Shareholders are advised to heed the Five Steps To Avoid Disaster When Your ETF Closes.

  • Russell 1000 High Beta (HBTA)
  • Russell 1000 Low Beta (LBTA)
  • Russell 1000 High Volatility (HVOL)
  • Russell 1000 Low Volatility (LVOL)
  • Russell 1000 High Momentum (HMTM)
  • Russell 2000 High Beta (SHBT)
  • Russell 2000 Low Beta (SLBT)
  • Russell 2000 High Volatility (SHVY)
  • Russell 2000 Low Volatility (SLVY)
  • Russell 2000 High Momentum (SHMO)
  • Russell Developed ex-U.S. Low Beta (XLBT)
  • Russell Developed ex-U.S. Low Volatility (XLVO)
  • Russell Developed ex-U.S. High Momentum (XHMO)
  • Russell Aggressive Growth (AGRG)
  • Russell Consistent Growth (CONG)
  • Russell Contrarian (CNTR)
  • Russell Equity Income (EQIN)
  • Russell Growth at a Reasonable Price (GRPC)
  • Russell Low P/E (LWPE)
  • Russell Small Cap Aggressive Growth (SGGG)
  • Russell Small Cap Consistent Growth (SCOG)
  • Russell Small Cap Contrarian (SCTR)
  • Russell Small Cap Low P/E (SCLP)
  • Russell High Dividend Yield (HDIV)
  • Russell Small Cap High Dividend Yield (DIVS)




At the time of publication the author had no holdings in any of the stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Stock quotes in this article: ONEF, ONEO, ONEB, ONER, HBIA, LBTA, HVOL, LVOL, HMTM, SHBT, SLBT, SHVY, SHMO, XLBT, XLVO, XHMO, AGRG, CONG, CNTR, EQIN, GRPC, LWPE, SGGG, SCTR, SCLP, HDIV, DIVS 
Ron Rowland is the founder and president of Capital Cities Asset Management, a fee-based registered investment adviser in Austin, Texas. He is also the founder and publisher of Invest With An Edge and All Star Investor, where he has been providing market commentary and active investment advice since 1991. Opinions expressed in this article should not be considered personal recommendations to buy or sell any security.

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