Commodity Online: ALPS Funds has launched Thomson Reuters/Jeffries CRB Global Commodity Index Fund (NYSEArca: CRBQ), with underlying index of 145 commodity related stocks.

Monsanto, Exxon Mobil and Potash are some of the companies under the fund. CRBQ is ALPS' third ETF with annual expense ratio of the fund at 0.65%.

With very little to choose for investors in the downturn, ETF’s have become a popular choice. Others like Market Vectors RVE Hard Assets Producers ETF (NYSEArca: HAP) launched one year ago has around $52 million in assets.

SPDR S&P VRDO Municipal Bond ETF (NYSArca: VRD) is yet another entry which provides access to municipal variable rate demand obligations (VRDOs).

With commodities proving to be a real hit, its stocks have been in demand. Investors have felt that more than the paper certificates of companies which are into business like financial services, stocks of commodity related companies are much more than its perceived value.