Buyback ETFs represent companies that are buying back their shares on the investment thesis that companies that do so have a greater chance of share price appreciation. These ETFs usually track a market-cap-weighted index of U.S. firms that repurchased at least 5% of their shares in the previous 12 months.
With 2 ETFs traded on the U.S. markets, Buybacks ETFs have total assets under management of 0. The average expense ratio is 0.59%. Buybacks ETFs can be found in the following asset classes:
- Equity
The largest Buybacks ETF is the undefined undefined with -- in assets. In the last trailing year, the best-performing Buybacks ETF was PKW at 30.84%. The most recent ETF launched in the Buybacks space was the Invesco International BuyBack Achievers ETF IPKW on 03/06/14.