ETFGI reports assets invested in Smart Beta Equity ETFs and ETPs reached a record $835 billion at the end of November 2019
LONDON — December 30, 2019 —ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that equity-based Smart Beta ETFs and ETPs listed globally gathered net inflows of US$9.72 billion during November. Year-to-date through to the end of November 2019, Smart Beta Equity ETF/ETP assets have increased by 35.1% from US$618 billion to US$835 billion, with a 5-year CAGR of 19.9%, according to ETFGI’s November 2019 ETFs and ETPs Smart Beta industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in Smart Beta Equity ETFs/ETPs reached a record of $835 billion.
- In November, Equity Smart Beta ETFs/ETPs attracted $9.72 billion in net inflows.
- 46thconsecutive month of net inflows into Smart Beta Equity ETFs/ETPs.
At the end of November 2019, there were 1,351 smart beta equity ETFs/ETPs, with 2,530 listings, assets of $835 billion, from 167 providers on 41 exchanges in 33 countries. Following net inflows of $9.72 billion and market moves during the month, assets invested in Smart Beta ETFs/ETPs listed globally increased by 4%, from $803 billion at the end of October 2019 to $835 billion.
Comparison of assets in market cap, smart beta, other and active equity products
ValueETFs and ETPs attracted the greatest monthly net inflows, gathering $4 billion in November. Min/low volatility ETFs and ETPs suffered the greatest outflows during the month and amounted to $895 million.
Substantial inflows can be attributed to the top 20 Smart Beta ETFs/ETPs by net new assets, which collectively gathered $8.33 billion in November, the iShares Edge MSCI USA Quality Factor ETF
(QUAL US) gathered $1.2 billion alone.
Top 20 Smart Beta ETFs/ETPs by net new assets November 2019
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
iShares Edge MSCI USA Quality Factor ETF |
QUAL US |
15,284.55 |
5,954.87 |
1,196.64 |
|
iShares MSCI USA Size Factor ETF |
SIZE US |
1,454.55 |
1,133.31 |
1,022.54 |
|
Vanguard Value ETF |
VTV US |
54,503.44 |
4,383.09 |
867.18 |
|
Vanguard Dividend Appreciation ETF |
VIG US |
40,870.49 |
4,155.20 |
532.68 |
|
iShares Edge MSCI Europe Value Factor UCITS ETF |
IEFV LN |
1,173.44 |
173.63 |
482.71 |
|
iShares Core Dividend Growth ETF |
DGRO US |
9,780.07 |
3,198.17 |
439.30 |
|
First Trust Value Line Dividend Index Fund |
FVD US |
9,080.36 |
3,533.21 |
388.61 |
|
iShares Edge MSCI USA Value Factor ETF |
VLUE US |
4,390.49 |
310.66 |
384.48 |
|
SPDR Portfolio S&P 500 Value ETF |
SPYV US |
4,609.84 |
1,703.74 |
377.88 |
|
iShares Edge MSCI USA Value Factor UCITS ETF |
IUVL LN |
1,343.75 |
559.55 |
369.00 |
|
iShares Edge MSCI World Value Factor UCITS ETF |
IWVL LN |
2,276.36 |
385.46 |
341.76 |
|
VanEck Vectors Morningstar Wide Moat Research ETF |
MOAT US |
3,058.59 |
980.49 |
306.91 |
|
iShares Edge MSCI Minimum Volatility EAFE ETF |
EFAV US |
12,841.43 |
1,939.70 |
270.27 |
|
Schwab US Dividend Equity ETF |
SCHD US |
11,208.24 |
1,777.28 |
229.52 |
|
SPDR S&P Dividend ETF |
SDY US |
19,664.04 |
269.93 |
217.09 |
|
iShares MSCI EAFE Value ETF |
EFV US |
5,644.72 |
(583.43) |
215.67 |
|
ProShares S&P 500 Aristocrats ETF |
NOBL US |
6,227.87 |
1,599.92 |
214.71 |
|
iShares S&P 500 Value ETF |
IVE US |
17,295.58 |
(1,146.89) |
188.12 |
|
C-Tracks Exchange-Traded Notes Miller/Howard Strategic Dividend Reinvestor |
DIVC US |
143.18 |
144.54 |
144.54 |
|
Samsung KODEX Top5Plus Total Return ETF - Equity |
315930 KS |
1,059.11 |
614.01 |
141.50 |
Contact deborah.fuhr@etfgi.comif you have any questions or comments on the press release or ETFGI events, research or consulting services.
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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.
Past awards for Ms Fuhr include the ETF.com’s 2018’s Lifetime Achievement Award, the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and 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 ETFsthe first women’s group for the ETF ecosystem. Founded in January 2014, WE inc is a 501(c)(3) non-profit organization that brings together members, including women and men, in 7 WE inc chapters across the United States and works with Women in ETFs entities in Canada, EMEA (7 chapters) and Asia Pacific to: 1) CONNECT: Create opportunities for professional advancement of women by expanding connections among women and men in the ETF industry; 2) SUPPORT: Offer guidance for the current and next generation of women in ETFs and 3) INSPIRE: WE achieves this by organizing events at our chapters globally that support our goals of education, networking, philanthropy and idea sharing across the industry and beyond. For more information, visit: www.womeninetfs.comto learn more, join, or sponsor. Follow us on Twitter: @WomeninETFsand on Linkedin: Women in ETFs
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