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.)
Highlights
- 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 $1.76 Bn alone.
Top 20 Smart Beta ETFs/ETPs by net new assets January 2019
| Name | Ticker | Assets (US$ Mn) Jan-19 |
NNA (US$ Mn) YTD-19 |
NNA (US$ Mn) Jan-19 |
| 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 |
Fonte: ETFWorld