Economics

Smart Beta ETFs And ETPs Hit 69B AUM, 30% Growth YTD

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.

Smart Beta ETFs And ETPs

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

NameCountry listedTickerAssets
(US$ Mn)
Nov-17
ADV
(US$ Mn)
Nov-17
NNA
(US$ Mn)
YTD 2017
iShares Core S&P Small-Cap ETFUSIJR US36,230213.16,510
Vanguard Value ETFUSVTV US35,523142.44,466
iShares MSCI USA Momentum Factor ETFUSMTUM US5,87746.33,068
Vanguard Growth ETFUSVUG US31,17173.32,063
iShares MSCI USA Minimum Volatility ETFUSUSMV US15,77076.51,507
Schwab Fundamental US Large Company Index ETFUSFNDX US3,5948.81,345
Vanguard Small-Cap Value ETFUSVBR US12,50935.71,329
Global X Funds-Global X Robotics & Artificial Intelligence Thematic EtfUSBOTZ US1,40436.21,257
iShares S&P 500 Growth ETFUSIVW US19,95672.41,232
iShares Core Dividend Growth ETFUSDGRO US2,47013.91,139
iShares Automation & Robotics UCITS ETFUnited KingdomRBTX LN1,40526.71,070
iShares International Select Dividend ETFUSIDV US4,77717.31,068
iShares Edge MSCI Europe Value Factor UCITS ETFUnited KingdomIEFV LN1,7549.91,047
Schwab Fundamental US Small Company Index ETFUSFNDA US2,5857.11,008
Guggenheim S&P 500 Equal Weight ETFUSRSP US14,66534.41,006
iShares Edge MSCI USA Value Factor UCITS ETFUnited KingdomIUVL LN1,2956.9988
Schwab US Dividend Equity ETFUSSCHD US6,79824.4976
First Trust Nasdaq Bank ETFUSFTXO US1,1974.6949
iShares U.S. Preferred Stock ETFUSPFF US18,04477.1909
iShares MSCI EAFE Value ETFUSEFV US6,00114.2903

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

NameCountry listedTickerAssets
(US$ Mn)
Nov-17
ADV
(US$ Mn)
Nov-17
NNA
(US$ Mn)
YTD 2017
FI Enhanced Global High Yield ETNUSFIHD US1,0653.5311
Psagot Sal Europe WisdomTree Export Oriented (NTR) ILS (40a)IsraelPSGT304 IT1170.4103
Barclays ETN+ Select MLP ETNUSATMP US4202.861
TACHLIT S&P AERO & DEFENSEIsraelTCSP145 IT540.345
Barclays ETN+ Shiller CAPE ETNUSCAPE US920.337
ETRACS Monthly Pay 2xLeveraged U.S. Small Cap High Dividend ETNUSSMHD US430.821
Harel Sal S&P 500 Low VolatilityIsraelHRSPL82 IT800.121
NEXT NOTES Japan Equity High Beta Select 30 Net Total Return ETNJapan2068 JP220.219
NEXT NOTES Japan Equity Low Beta Select 50 Net Total Return ETNJapan2069 JP200.119
NEXT NOTES AI Companies 70 Net Total Return ETNJapan2067 JP320.618

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.