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Markets

Smart Beta ETFs/ETPs Listed Globally Gather Net Inflows Of $7.38 Billion During January 2019

LONDONFebruary 28, 2019 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today 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, an annual paid-for research subscription service.  (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

Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services. ETFGI is a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, Founder, ETFGI website www.etfgi.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Deborah Fuhr

Deborah Fuhr, partner and co-founder of ETFGI, an independent research and consulting firm providing services to investors and the ETF industry. Prior roles Global Head of ETF Research and Implementation Strategy and a Managing Director at BlackRock/BGI for 3 years and Managing Director and head of the Investment Strategies Group for 11 years.

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