Profile image
By ETF Daily News (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Bet on Booze with This New Whiskey and Spirits ETF

Wednesday, October 12, 2016 7:17
% of readers think this story is Fact. Add your two cents.

whiskey-barrelsThe just-launched Spirited Funds/ETFMG Whiskey and Spirits ETF (NYSE:WSKY) offers investors diversified access to the fast-growing world of high-end whiskey and spirits.

Along with U.S. spirits producers, WSKY also allows exposure to foreign names that don’t trade in America. According to the press release:

WSKY invests primarily in companies that derive the majority of their revenue from producing and marketing whiskey and spirits, as well as a small number of companies that derive part of their revenue from the industry. Major names in the underlying index include Pernod Ricard (France), Diageo (England). Brown Forman (US), Thai Beverage (Thailand), Kirin Holdings (Japan), and United Spirits (India), among others.

In the U.S. alone, high end premium and super-premium bourbon and Tennessee whiskey brands saw revenues surge 50% and 155%, respectively, between 2010 and 2015, according to the Distilled Spirits Council of the United States. Meanwhile, total U.S. spirits sales climbed to a staggering $72 billion in 2015.

According to fund management, that trend isn’t going to change any time soon:

“We believe we’re at year 5 of a 25-40 year supercycle that could see continued growth in consumer demand for whiskey and spirits, much like what has occurred with craft breweries over the past two decades,” said David Bolton, President and CEO at Spirited Funds.

WSKY began trading today on the NYSE, and we’ll be sure to bring investors more information on the brand new fund once it accumulates some assets and trading history.

You are viewing an abbreviated republication of ETF Daily News content. You can find full ETF Daily News articles on (


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.