Claymore Adds Two New ETFs

Claymore Securities added two new exchange-traded-funds to its lineup last week, bringing the total offering to 20.

The Clarmore Clear Mid-Cap Growth Index ETF seeks results that correspond to an index of 50 stocks selected from a universe of common stocks and American depositary receipts. The stocks look at fundamental and valuation metrics including sales, profit growth, leverage, and return on equity.

The Claymore IndexIQ Small-Cap Value ETF follows the performance of an index comprised of 100 U.S. common stocks with market capitalizations from $400 million to $1.5 billion.