Category No. 6: Best New International/Global Equity ETF – 2014
Awarded to the most important international or global 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.
The Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF is the first U.S.-listed ETF capturing China's mainland small-cap stocks. The fund uses its RQFII quota to hold stocks comprising the CSI 500 Index.
Nominee No. 2: Deutsche X-trackers Harvest MSCI All China Equity ETF (CN | F-81)
The Deutsche X-trackers Harvest MSCI All China Equity ETF is the first ETF in the world to provide comprehensive coverage of both the onshore and offshore Chinese equity markets in one ETF wrapper.
Nominee No. 3: EMQQ Emerging Markets Internet & Ecommerce ETF (EMQQ)
The EMQQ Emerging Markets Internet & Ecommerce ETF targets innovative Internet and e-commerce companies from emerging markets. It fills an important niche because these very companies are often excluded from major MSCI- and FTSE-based emerging markets indexes due to their U.S. listings.
The iShares MSCI ACWI Low Carbon Target ETF and SPDR MSCI ACWI Low Carbon Target ETF both aim to capture marketlike exposure to the MSCI ACWI Index, with a bias toward companies with a smaller carbon footprint, measured by lower greenhouse gas and carbon emissions.
The WisdomTree Emerging Markets ex-State-Owned Enterprises ETF captures emerging markets through a different lens. It excludes companies owned by the state, which tilts the fund away from financials and energy toward more consumer-focused sectors.
Category No. 7: Best New Fixed-Income ETF – 2014
Awarded to the most important fixed-income 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: FlexShares Credit-Scored US Corporate Bond Index (SKOR)
SKOR provides investors a “smart beta”-type exposure to the intermediate investment-grade corporate space. The fund’s underlying index skirts the conflict-laden credit rating agencies, using a proprietary credit evaluation process to score issuers’ creditworthiness and weight securities accordingly.
Nominee No. 2: Global X GF China Bond (CHNB)
As the first ETF to provide access to China's onshore bond interbank market, CHNB opened up the third-largest fixed-income market in the world. The fund pulled in nearly $50 million in investor flows in 2014, and offered investors the opportunity to access a relatively high-yielding asset with low credit risk.
Nominee No. 3: iShares Core Total USD Bond Market ETF (IUSB | D)
Broad-market bond funds that track the Barclays Aggregate overlook certain corners of the U.S. bond market: High-yield bonds are excluded from the Agg, for instance, as are some internationally issued bonds denominated in U.S. dollars. IUSB offers a broader take on the bond market, bringing extra yield to core bond exposure. It’s also cheap, charging just 0.15 percent a year in expenses.
Nominee No. 4: Market Vectors ChinaAMC China Bond (CBON)
The first U.S.-listed ETF designed to provide investors with direct access to China's onshore bond market. CBON provides investors with exposure to all major segments of the Chinese fixed-income market, including sovereigns, policy banks and high-rated corporate bonds.
Nominee No. 5: 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.