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VelocityShares Rolls Out 3 Emerging-Markets ETFs

Expense ratios fall for 2 Vanguard ETFs, Direxion rolls out triple-leveraged Brazil and South Korea ETFs, Van Eck draws up plans for an Israel ETF, and ERNY Financial throws its hat into the ETF ring. Plus, the week's best- and worst-performing ETFs.

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On April 8, VelocityShares debuted its first three exchange-traded funds, all devoted to emerging markets.

Up to now, VelocityShares had marketed only exchange-traded notes. Now the firm has ventured into ETFs.

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Robert Goldsborough does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.