Smart Beta ETFs/ETPs gather $69bn in Jan-Nov period, says ETFGI

By: Jonathan Boyd | 21 Dec 2017

ETFGI, the research and consultancy firm specialised in exchange traded funds and products, has reported that Smart Beta ETFs/ETPs gathered some $69bn (€58bn) in net new assets over the first 11 months of 2017.

This represented a 30% growth in related assets, and the biggest annual increase since 2009 when markets recovered after the 2008 financial crisis.

The flows are up 22% compared to flows seen through all of 2016. November also became the 21st consecutive month of net inflows, with some $9.06bn.

The bulk of the net new inflows through the year to date have gone to the top 20 ETFs by net new assets, ETFGI’s data further suggests.

Top 20 ETFs by net new” assets

Name	Country listed	Ticker	Assets (US$ Mn) Nov-17	ADV (US$ Mn) Nov-17	NNA (US$ Mn) YTD 2017
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

Top 10 ETPs by net new assets

Name	Country listed	Ticker	Assets (US$ Mn) Nov-17	ADV (US$ Mn) Nov-17	NNA (US$ Mn) YTD 2017
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

ABOUT THE AUTHOR

Jonathan Boyd

jonathan.boyd@odmpublishing.com
jonathanboyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).