Equity: U.S. Industrials

PSCI Top Performer Intra-day
Price $66.76
Today’s Change 1.26%
2:25pm 10/15/2019
PRN Bottom Performer Intra-day
Price $64.80
Today’s Change -0.39%
9:30am 10/16/2019

ETF.com Insight

With 10 ETFs and over $15.32B in combined AUM, the Equity: U.S. Industrials segment provides exposure to the U.S. space with a focus on Industrials securities.

Year-to-date, the best-performing ETF in the segment is the Invesco DWA Industrials Momentum ETF (PRN), with a total return of 28.13%. Meanwhile, the most popular ETF is the Industrial Select Sector SPDR Fund (XLI) with $9.77BB in assets under management.

Investors should take a look at the Vanguard Industrials ETF (VIS). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. VIS tracks a broad, market-cap-weighted index of US industrial stocks. VIS has an expense ratio of 0.10% and tracks the MSCI US Investable Market Industrials 25/50 Index.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Equity: U.S. Industrials segment is 91 out of 100, with the Fidelity MSCI Industrials Index ETF(FIDU) obtaining the highest rating of 100 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.37% per year, with the Fidelity MSCI Industrials Index ETF (FIDU) having the lowest expense ratio, charging investors 0.08% yearly.

Investors should look for funds with tight tracking, such as the Fidelity MSCI Industrials Index ETF (FIDU), with a 12-month median tracking difference of -0.07%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: U.S. Industrials segment is 78 out of 100, with the Industrial Select Sector SPDR Fund(XLI) obtaining the highest rating of 99 out of 100.

The Industrial Select Sector SPDR Fund (XLI) is the undisputed segment leader when it comes to liquidity. The fund trades 778.85M in daily average volume. Investors should also find ample liquidity in the Vanguard Industrials ETF (VIS), with $10.78M in daily dollar volume.

Use limit orders to trade funds such as the Invesco S&P SmallCap Industrials ETF(PSCI), due to their double-digit market spreads.

ETF.com/ Block Liquidity

XLI
5
4
3
2
1
VIS
5
4
3
2
1
FXR
5
4
3
2
1
IYJ
5
4
3
2
1
FIDU
5
4
3
2
1
RGI
5
4
3
2
1
PRN
5
4
3
2
1
JHMI
5
4
3
2
1
PSCI
5
4
3
2
1
AIRR
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Thomson Reuters US Industrials has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to VIS. This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, AIRR follows a Multi-factor strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology