ETFGI reports that Smart Beta ETFs and ETPs listed globally gathered net inflows of US$4.91 billion during June 2018

LONDON — July 31, 2018 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported net inflows of US$4.91 billion into Smart Beta ETFs and ETPs listed globally during June 2018, marking the 29th consecutive month of net inflows. (All dollar values in USD unless otherwise noted.)
 
Highlights

  • Net new assets gathered by Smart Beta ETFs/ETPs listed globally were $4.91 Bn during June 2018.
  • June 2018 marked the 29th consecutive month of net inflows.
  • Year-to-date assets invested in Smart Beta ETFs/ETPs listed globally increased by 4.59% to $635 Bn at the end of June.

According to ETFGI’s June 2018 Smart Beta ETF and ETP Insights report, an annual paid-for research subscription service, assets invested in Smart Beta ETFs and ETPs listed globally increased year-to-date by 4.59% at the end of June 2018.

Comparison of assets in market cap, smart beta, other and active equity products



At the end of June 2018, there were 1,224 smart beta equity ETFs/ETPs, with 2,204 listings, assets of $635 Bn, from 147 providers on 39 exchanges in 31 countries. Year-to-date net inflows are at $29.9 Bn, which is less than the $32.6 Bn in net inflows at this point last year.

The majority of flows can be attributed to the top 20 Smart Beta ETFs/ETPs, which collectively gathered $21.1 Bn year-to-date.

The iShares Edge MSCI USA Momentum Factor ETF (MTUM US) and the Vanguard Value ETF (VTV US) have gathered the largest net new assets during the year, with $3.43 Bn and $3.08 Bn, respectively.

Top 20 Smart Beta ETFs by net new assets: Global

Name Country listed Ticker Assets
(US$ Mn)
Jun-18
NNA
(US$ Mn)
YTD 2018
iShares Edge MSCI USA Momentum Factor ETF US MTUM US 7,253.73 3,428.24
Vanguard Value ETF US VTV US 38,434.53 3,078.15
Vanguard Growth ETF US VUG US 33,258.00 1,678.21
SPDR Portfolio S&P 500 Growth ETF US SPYG US 1,718.74 1,339.88
iShares Edge MSCI USA Quality Factor ETF US QUAL US 4,739.76 1,114.66
iShares Core Dividend Growth ETF US DGRO US 3,062.92 1,095.08
iShares Automation & Robotics UCITS ETF United Kingdom RBTX LN 2,018.91 975.53
Principal US Mega-Cap Multi-Factor Index ETF US USMC US 1,155.40 898.40
SPDR Portfolio S&P 500 Value ETF US SPYV US 1,058.11 783.32
Schwab US Large-Cap Growth ETF US SCHG US 5,596.62 662.44
iShares Exponential Technologies ETF US XT US 1,764.28 648.36
iShares S&P Small-Cap 600 Growth ETF US IJT US 5,110.67 647.03
Vanguard Small-Cap Growth ETF US VBK US 7,371.39 642.00
Schwab US Dividend Equity ETF US SCHD US 7,721.30 606.36
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF US GSLC US 2,913.07 605.53
Schwab Fundamental US Large Company Index ETF US FNDX US 4,130.25 594.14
SPDR S&P 600 Small Cap Growth ETF US SLYG US 1,354.32 583.73
Vanguard Small-Cap Value ETF US VBR US 13,076.69 567.76
First Trust Developed Markets ex-US AlphaDEX Fund US FDT US 1,002.15 538.55
Schwab Fundamental International Large Company Index ETF US FNDF US 3,783.61 529.63

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.



Similarly, the top 20 ETPs by net new assets collectively gathered $1.78 Bn year-to-date during 2018.

Top 20 Smart Beta ETPs by net new assets: Global

Name Country listed Ticker Assets
(US$ Mn)
Jun-18
NNA
(US$ Mn)
YTD 2018
Barclays ETN+ FI Enhanced Global High Yield Exchange Traded Notes Series B US FIYY US 1,496.54 1,310.20
FI Enhanced Global High Yield ETN US FIHD US 1,301.14 263.80
BMO REX MicroSectors FANG Index 3X Leveraged ETN US FNGU US 88.99 64.02
BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN US FNGD US 24.70 46.77
NEXT NOTES AI Companies 70 Net Total Return ETN Japan 2067 JP 60.71 32.59
ETRACS Monthly Pay 2xLeveraged U.S. Small Cap High Dividend ETN US SMHD US 59.11 12.90
Harel Sal S&P 500 equal weighted NTR 40a Israel HRZA95 IT 14.56 11.46
Psagot Sal Japan WisdomTree (NTR) ILS (40a) Israel PSGT306 IT 210.83 10.16
NH QV 2X 10Y KTB Futures ETN 46 South Korea 550046 KS 9.17 9.45
ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN US DVYL US 40.88 4.29
Barclays ETN+ Shiller CAPE ETN US CAPE US 101.37 3.54
JPMorgan Cushing 30 MLP Index ETNs US PPLN US 7.11 2.07
Psagot Sal S&P 500 Low Volatility High Dividend NTR 4Da Israel PSGT321 IT 2.84 1.61
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN US HDLV US 18.73 1.54
Psagot Sal Regional Banks S&P (NTR) ILS (40a) Israel PSSP294 IT 30.07 1.28
ETFS Global Core Infrastructure ETF Australia CORE AU 2.31 0.58
Psagot Sal S&P 1500 Positive Momentum Tilt 4Da Israel PSGT253 IT 0.68 0.58
Psagot Sal Japan  Div Israel TDJSD13 IT 1.82 0.07
KSM S&P Value Israel Israel KSPB120 IT 0.33 0.03
KSM Cleantech Israel KSMCLNT IT 1.18 0.01

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.

 
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