ETFGI reports Smart Beta ETFs and ETPs have gathered 69 billion US dollars in net new assets in the first 11 months of 2017
[REITs]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$6.51 Bn.
Top 20 ETFs by net new” assets
| Name | Country listed | Ticker | Assets (US$ 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 |
Similarly, the top 10 ETPs by net new assets collectively gathered US$654.00 Mn year-to-date during 2017.
Top 10 ETPs by net new assets
| Name | Country listed | Ticker | Assets (US$ 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 |
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.
