Dow Jones Global Shipping Index to serve as the basis for Guggenheim Shipping ETF

Index provider Dow Jones has launched a global shipping index that will form the basis for the Guggenheim Shipping ETF

Maersk Container Ship
Dow Jones offers investors exposure to the global shipping industry

Dow Jones’s Global Shipping Index, which measures the stock performance of 25 leading dividend-paying companies in the global shipping industry, is to serve as the basis for the Guggenheim Shipping ETF exchange-traded fund.

“Historically, the transportation sector has exhibited strong performance during the later stages of economic recovery, as the demand for finished goods is picking up,” says Jamie Farmer, executive director at Dow Jones Indexes in New York.

The new index allows investors to

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