Smart-Beta ETFs ETF Overview

Smart beta has emerged as one of the most exciting and hotly debated investment trends of the past 10 years. Going by many different names (strategic beta, fundamental indexing, factor investing and more), smart beta is a catchall term for rules-based strategies that aim to deliver better risk-adjusted returns than traditional market-cap-weighted indexes. Today there are hundreds of ETFs, and, if you count institutional assets, hundreds of billions of dollars benchmarked against smart-beta indexes.

With 992 ETFs traded in the U.S. markets, Smart-Beta ETFs ETFs gather total assets under management of $1,014.57B. The average expense ratio is 0.52%. Smart-Beta ETFs ETFs can be found in the following asset classes:

  • Equity
  • Fixed Income
  • Asset Allocation
  • Alternatives
  • Commodities
  • Currency

The largest Smart-Beta ETFs ETF is the Vanguard Growth ETF VUG with $58.89B in assets. In the last trailing year, the best performing Smart-Beta ETFs ETF was the FNGU at 359.29%. The most-recent ETF launched in the Smart-Beta ETFs space was the Fidelity US Multifactor ETF FLRG in 09/15/20.

Top ETF Performers

NRGD MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN 34.52%
GCEC Claymore CEF Index-Linked GS Connect ETN 29.74%
DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares 24.09%
NRGZ MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETN 23.11%
FUE Elements MLCX Biofuels Index-Total Return ETN 18.10%

Bottom ETF Performers

NRGU MicroSectors U.S. Big Oil Index 3X Leveraged ETN -33.33%
GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares -24.44%
DPST Direxion Daily Regional Banks Bull 3X Shares -23.72%
NRGO MicroSectors U.S. Big Oil Index 2X Leveraged ETN -22.83%
MLPR ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN -18.73%

Top Creations

GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 880.40
VTV Vanguard Value ETF 593.72
ANGL VanEck Vectors Fallen Angel High Yield Bond ETF 492.12
MTUM iShares MSCI USA Momentum Factor ETF 444.84
SCHD Schwab U.S. Dividend Equity ETF 364.06

Top Redemptions

VUG Vanguard Growth ETF -1,716.83
SDY SPDR S&P Dividend ETF -1,505.35
IWF iShares Russell 1000 Growth ETF -1,312.72
NOBL ProShares S&P 500 Dividend Aristocrats ETF -1,025.06
USMV iShares MSCI USA Min Vol Factor ETF -701.47

AUM Winners

FTXR First Trust Nasdaq Transportation ETF 8,765.10%
FNGD MicroSectors FANG+ Index -3X Inverse Leveraged ETN 339.62%
NUAG Nuveen Enhanced Yield U.S. Aggregate Bond ETF 256.77%
PDEV Principal International Multi-Factor Core Index ETF 208.58%
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 128.43%

AUM Losers

FXN First Trust Energy AlphaDEX Fund -82.09%
FVL First Trust Value Line 100 ETF -63.34%
AGGP IQ Enhanced Core Plus Bond U.S. ETF -57.83%
GUDB Sage ESG Intermediate Credit ETF -57.18%
PY Principal Shareholder Yield Index ETF -55.75%

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