ETFGI reports Smart Beta ETFs and ETPs have gathered 69 billion US dollars in net new assets in the first 11 months of 2017
LONDON — December 21, 2017 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today Smart Beta ETFs and ETPs have gathered 69 billion US dollars in net new assets in the first 11 months of 2017.
----------------------------------------------
According to ETFGI’s November 2017 Smart Beta ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in Smart Beta ETFs and ETPs grew by 30.1% year-to-date, the greatest annual increase since 2009 when markets recovered following the 2008 financial crisis, and an increase of 3.8% on the previous record of US$661.74 Bn set in October 2017.
Year-to-date, through end of November 2017, Smart Beta ETFs and ETPs listed in globally saw record net inflows of US$68.73 Bn; 22.0% more than net inflows for the whole of 2016, and more than the previous YTD record for the same period of US$45.88 Bn set in November 2016. November 2017 also marked the 21st consecutive month of net inflows into ETFs/ETPs, with US$9.06 Bn gathered during the month.
The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered US$33.84 Bn during 2017. The iShares Core S&P Small-Cap ETF (IJR US) on its own accounted for net inflows of US$6.51 Bn.
Top 20 ETFs by net new assets
|
Name |
Country listed |
Ticker |
Assets |
ADV |
NNA |
|
iShares Core S&P Small-Cap ETF |
US |
IJR US |
36,230 |
213.1 |
6,510 |
|
Vanguard Value ETF |
US |
VTV US |
35,523 |
142.4 |
4,466 |
|
iShares MSCI USA Momentum Factor ETF |
US |
MTUM US |
5,877 |
46.3 |
3,068 |
|
Vanguard Growth ETF |
US |
VUG US |
31,171 |
73.3 |
2,063 |
|
iShares MSCI USA Minimum Volatility ETF |
US |
USMV US |
15,770 |
76.5 |
1,507 |
|
Schwab Fundamental US Large Company Index ETF |
US |
FNDX US |
3,594 |
8.8 |
1,345 |
|
Vanguard Small-Cap Value ETF |
US |
VBR US |
12,509 |
35.7 |
1,329 |
|
Global X Funds-Global X Robotics & Artificial Intelligence Thematic Etf |
US |
BOTZ US |
1,404 |
36.2 |
1,257 |
|
iShares S&P 500 Growth ETF |
US |
IVW US |
19,956 |
72.4 |
1,232 |
|
iShares Core Dividend Growth ETF |
US |
DGRO US |
2,470 |
13.9 |
1,139 |
|
iShares Automation & Robotics UCITS ETF |
United Kingdom |
RBTX LN |
1,405 |
26.7 |
1,070 |
|
iShares International Select Dividend ETF |
US |
IDV US |
4,777 |
17.3 |
1,068 |
|
iShares Edge MSCI Europe Value Factor UCITS ETF |
United Kingdom |
IEFV LN |
1,754 |
9.9 |
1,047 |
|
Schwab Fundamental US Small Company Index ETF |
US |
FNDA US |
2,585 |
7.1 |
1,008 |
|
Guggenheim S&P 500 Equal Weight ETF |
US |
RSP US |
14,665 |
34.4 |
1,006 |
|
iShares Edge MSCI USA Value Factor UCITS ETF |
United Kingdom |
IUVL LN |
1,295 |
6.9 |
988 |
|
Schwab US Dividend Equity ETF |
US |
SCHD US |
6,798 |
24.4 |
976 |
|
First Trust Nasdaq Bank ETF |
US |
FTXO US |
1,197 |
4.6 |
949 |
|
iShares U.S. Preferred Stock ETF |
US |
PFF US |
18,044 |
77.1 |
909 |
|
iShares MSCI EAFE Value ETF |
US |
EFV US |
6,001 |
14.2 |
903 |
Similarly, the top 10 ETPs by net new assets collectively gathered US$654.00 Mn year-to-date during 2017.
Top 10 ETPs by net new assets
|
Name |
Country listed |
Ticker |
Assets |
ADV |
NNA |
|
FI Enhanced Global High Yield ETN |
US |
FIHD US |
1,065 |
3.5 |
311 |
|
Psagot Sal Europe WisdomTree Export Oriented (NTR) ILS (40a) |
Israel |
PSGT304 IT |
117 |
0.4 |
103 |
|
Barclays ETN+ Select MLP ETN |
US |
ATMP US |
420 |
2.8 |
61 |
|
TACHLIT S&P AERO & DEFENSE |
Israel |
TCSP145 IT |
54 |
0.3 |
45 |
|
Barclays ETN+ Shiller CAPE ETN |
US |
CAPE US |
92 |
0.3 |
37 |
|
ETRACS Monthly Pay 2xLeveraged U.S. Small Cap High Dividend ETN |
US |
SMHD US |
43 |
0.8 |
21 |
|
Harel Sal S&P 500 Low Volatility |
Israel |
HRSPL82 IT |
80 |
0.1 |
21 |
|
NEXT NOTES Japan Equity High Beta Select 30 Net Total Return ETN |
Japan |
2068 JP |
22 |
0.2 |
19 |
|
NEXT NOTES Japan Equity Low Beta Select 50 Net Total Return ETN |
Japan |
2069 JP |
20 |
0.1 |
19 |
|
NEXT NOTES AI Companies 70 Net Total Return ETN |
Japan |
2067 JP |
32 |
0.6 |
18 |
Volatility factors ETFs/ETPs saw net inflows of $1.83 Bn in November, bringing year-to-date net inflows to $4.15 Bn, which is less than the net inflows of $13.53 Bn over the same period last year. Multi factor ETFs and ETPs experienced net inflows of $1.73 Bn in November, growing year-to-date net inflows to $11.18 Bn, which is greater than the same period last year which saw net inflows of $9.10 Bn.
###
Attribution Policy
The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com
- ETFGI
ETFGI is an independent research and consultancy firm launched in 2012 in London offering consulting services and paid for research subscription services. Our service is the only global offering of monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us.
Please visit our website www.etfgi.com to view our ETFGI Press Releases on ETF/ETP industry trends, daily postings of some of the top articles from financial publications around the world in the Industry News tab, details of upcoming Events, monthly videos on industry trends in Views, and to use our directory of firms in the ETF Ecosystem. You are invited to follow our twitter feeds @etfgi and @deborahfuhr and on Linkedin follow ETFGI and Deborah Fuhr and join our group "ETF Network".
On our website you can download a free copy of the “A Comprehensive Guide to Exchange Traded Funds (ETFs)” was published by the CFA Institute Research Foundation in May 2015. By Joanne M. Hill, Dave Nadig, Matt Hougan and Deborah Fuhr. The link to download the book is http://etfgi.com/news/industry
About Deborah Fuhr
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates. She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997. ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.
- awards for Ms Fuhr include: she was the recipient of the 100 Women in Finance 2017, European Industry Leadership Award as well as the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and was she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016.
Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 3,300 members in chapters around the world.
Services
ETFGI currently offers the following subscription services:
- ETFGI Basic Global ETFs and ETPs Annual research service
- ETFGI Global Institutional Users of ETFs and ETPs Landscape report*
- ETFGI Global Active ETF ETFs and ETPs Landscape report
- ETFGI Global Smart Beta Equity ETF ETFs and ETPs Landscape report
- ETFGI Global Currency Hedged ETFs and ETPs Landscape report *
- ETFGI Global Leverage and Inverse ETFs and ETPs Landscape report *
- ETFGI Global EM and FM ETFs and ETPs Landscape report *
- ETFGI China ETFs and ETPs Landscape report *
- ETFGI Trends in ETF Adoption by fund platforms in the UK report*
- Custom reports and analysis
- Consulting services
- ETFGI Weekly Newsletter – Premium*
- ETFGI Weekly Newsletter (free subscription)
*New publication/service
- ETFs Global Markets Roundtables 2018 *
Note to editors
ETFs are typically open-ended, index-based funds, with active ETFs accounting for 1.1% market share. They can be bought and sold like ordinary shares on a stock exchange and offer broad exposure across developed, emerging and frontier markets, equities, fixed income and commodities. ETFs are used widely by institutional investors and increasingly by financial advisors and retail investors to:
- equitize cash
- implement diversified exposure to a market
- comprise a core or satellite investment
- be a long term strategic investment
- implement tactical adjustments to portfolios
- use as building blocks to create entire portfolios
- allow investors to hedge the market
- use as an alternative to futures and other derivative products
Exchange Traded Products (ETPs) are products that have similarities to ETFs in the way they trade and settle but do not use an open-end fund structure. The use of other structures including unsecured debt, grantor trusts, partnerships, and commodity pools by ETPs can, in addition to a significantly different risk profile, create different tax and regulatory implications for investors when compared to ETFs, which are funds.
Contact
Deborah Fuhr
Managing Partner
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Website: www.etfgi.com
Twitter: @deborahfuhr
LinkedIn: ETF Network
LinkedIn: Women In ETFs