ETFGI reports Smart Beta ETFs and ETPs listed globally gather net inflows of US$7.38 billion during January 2019….
By Deborah Fuhr, Managing Partner at ETFGI
ETFGI reported that equity-based Smart Beta ETFs and ETPs listed globally gathered net inflows of US$7.38 billion during January.
Total assets invested in the global Smart Beta ETF and ETP industry increased 10.1%, from US$618 billion at the end of December, to US$680 billion, according to ETFGI’s January 2019 ETF and ETP Smart Beta industry landscape insights report. (All dollar values in USD unless otherwise noted.)
- In January 2019, Smart Beta ETFs/ETPs attracted $7.38 Bn in net new assets.
- During the month, 23 Smart Beta ETFs/ETPs were launched by 19 providers.
- 36th consecutive month of net inflows into Smart Beta ETFs/ETPs.
At the end of January 2019, there were 1,322 Smart Beta classified ETFs/ETPs, with 2,404 listings, assets of $680 Bn, from 164 providers listed on 40 exchanges in 32 countries.
Following net inflows of $7.38 Bn and market moves during the month, assets invested in Smart Beta ETFs/ETPs listed globally increased by 10.1%, from $618 Bn at the end of December 2018, to $680 Bn.
Comparison of assets in market cap, smart beta, other and active equity products
Multi factor ETFs and ETPs continued to attract the greatest monthly net inflows, seeing $2.36 Bn in January. Dividend-Factor ETFs and ETPs saw the greatest outflows during the month, amounting to $657 Mn.
Substantial inflows can be attributed to the top 20 Smart Beta ETFs/ETPs’s by net new assets, which collectively gathered $8.73 Bn in January, the iShares Edge MSCI USA Quality Factor ETF (QUAL US) gathered $1.76 Bn alone.
Top 20 Smart Beta ETFs/ETPs by net new assets January 2019
|iShares Edge MSCI USA Quality Factor ETF||QUAL US||9,139||1,756||1,756|
|iShares MSCI USA Minimum Volatility ETF||USMV US||21,172||1,041||1,041|
|Vanguard Value ETF||VTV US||44,965||603||603|
|Invesco S&P 500 High Dividend Low Volatility ETF||SPHD US||3,241||548||548|
|iShares Edge MSCI EM Minimum Volatility UCITS ETF||EMMV LN||1,063||420||420|
|iShares Core Dividend Growth ETF||DGRO US||5,790||418||418|
|iShares MSCI International Developed Quality Factor ETF||IQLT US||546||410||410|
|Schwab US Large-Cap Value ETF||SCHV US||5,442||397||397|
|XACT Nordic High Dividend Low Volatility UCITS ETF||XACTHDIV SS||713||382||382|
|iShares Edge MSCI Minimum Volatility EAFE ETF||EFAV US||10,356||337||337|
|iShares Edge MSCI Minimum Volatility Emerging Markets ETF||EEMV US||5,552||301||301|
|Invesco S&P 500 Low Volatility ETF||SPLV US||8,699||265||265|
|Invesco S&P MidCap Low Volatility ETF||XMLV US||2,125||265||265|
|Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF||GSLC US||4,225||262||262|
|Vanguard Growth ETF||VUG US||35,674||239||239|
|SPDR Portfolio S&P 500 Growth ETF||SPYG US||3,621||236||236|
|First Trust Capital Strength ETF||FTCS US||1,691||229||229|
|Schwab US Dividend Equity ETF||SCHD US||8,367||227||227|
|SPDR Portfolio S&P 500 Value ETF||SPYV US||2,652||221||221|
|Hartford Multifactor Developed Markets (Ex-US) ETF||RODM US||1,643||170||170|