Category No. 4: Most Innovative New ETF – 2014
Awarded to the most groundbreaking and disruptive ETF launched in 2014. This is an ETF that is pushing the envelope in terms of what kinds of exposures can be packaged into an ETF. Only ETFs with inception dates after Jan. 1, 2014, are eligible.
Nominee No. 1: EGShares Blue Chip ETF (BCHP | F-33)
The EGShares Blue Chip ETF is the first U.S.-listed "economic exposure" themed ETF, targeting emerging markets through export-focused developed market companies. True economic exposure—as opposed to headquarters location—is increasingly the focus of institutions, and it’s exciting to see it in an ETF wrapper.
Nominee No. 2: iShares Commodities Select Strategy ETF (COMT)
The iShares Commodities Select Strategy ETF is the first commodity ETF that targets exposure to the space through the use of both futures contracts and stocks of commodity-related companies, delivering commodities exposure with convenient 1099 tax treatment.
Nominee No. 3: ProShares CDS North American HY Credit (TYTE) and the ProShares CDS Short North American HY Credit (WYDE)
The ProShares CDS North American HY Credit and CDS Short North American HY Credit ETFs are the first U.S.-listed ETFs focusing on betting for or against the high-yield market through the use of index-based credit default swaps.
Nominee No. 4: Reality Shares DIVS (DIVY)
The Reality Shares DIVS ETF is the first pure-play ETF focused on capturing dividend growth. DIVY doesn't hold stocks, but holds offsetting listed options as its strategy. The fund aims for steady growth from increasing dividends without the volatility of stock price movements by relying on offsetting derivatives—primarily listed options. The fund gains only when actual dividend growth exceeds the expected dividend growth baked into its options positions.
The WisdomTree Emerging Markets ex-State-Owned Enterprises ETF is the first of its kind in the emerging markets space. XSOE deliberately excludes the overbearing hand of companies owned by the state, mostly in the financial and energy sectors.
Category No. 5: Best New U.S. Equity ETF – 2014
Awarded to the most important U.S. equity ETF launched in 2014. Note: Importance is measured by the overall contribution to positive investor outcomes. The award may recognize ETFs that open new areas of the market, lower costs, drive risk-adjusted performance or provide innovative exposures not previously available to most investors. Only ETFs with inception dates after Jan. 1, 2014, are eligible.
Nominee No. 1: Deep Value ETF (DVP)
The Deep Value ETF pulls 20 stocks from the S&P 500 exhibiting the "deepest value," based on unconventional quality screens and valuation metrics like value-to-EBITDA.
Nominee No. 2: ETRACS Wells Fargo MLP Ex-Energy ETN (FMLP)
The ETRACS Wells Fargo MLP Ex-Energy ETN separates itself from a plethora of other MLP products with an unorthodox methodology that deliberately screens out energy-related MLPs. Instead of an energy focus, FMLP's portfolio tilts toward private equity, real estate and materials companies.
The First Trust RBA American Industrial Renaissance ETF is the first ETF to bet on the trickle-down effect from a potential U.S. industrial revival. Through its multifactor selection process, AIRR targets mid- and small-caps from the industrial services and community bank sectors.
Nominee No. 4: iShares Core Dividend Growth ETF (DGRO | A-72)
The iShares Core Dividend Growth ETF provides a very cost-effective way to capture companies that have a five-year track record of dividend increases. DGRO is broad, holding more than 300 companies, and makes its constituent selection based on dividends, dividend growth and payout ratio.
Nominee No. 5: ValueShares US Quantitative Value ETF (QVAL)
The ValueShares US Quantitative Value ETF is the first and only actively managed value-focused U.S. equity ETF. The fund implements a vigorous screening process that includes forensic accounting, valuation and quality.