ETF of the Year
Awarded to the ETF that has done the most to improve investor opportunities and outcomes in 2013, by opening new areas of the market, lowering costs, delivering new exposures or otherwise creating better options for investors. There is no requirement on when this fund launched.
db X-Trackers Harvest CSI 300 China A-Shares (ASHR): ASHR is the first U.S. ETF offering direct access to the China A-share market. The product, despite its challenging nature of its market, enjoyed a seamless launch.
PowerShares Senior Loan Portfolio (BKLN): BKLN offers a large, liquid product covering an asset class that was previously only available to institutional investors. In an environment where investors have gotten increasingly creative in their search for yield, BKLN has reigned supreme.
WisdomTree Japan Hedged Equity (DXJ): DXJ is the ETF at the heart of the most compelling macroeconomic storyline of 2014: Abenomics. A late 2012 methodology tweak paired with its first-mover advantage powered a 2,000% increase in assets in one calendar year, and brought the concept of currency hedging to the masses.
iShares Core MSCI Emerging Markets (IEMG): IEMG is most comprehensive emerging markets equity ETF, including emerging markets small-caps in its core exposure. The fund pulled in more than $2B in assets during a year when more than $8B flowed out of emerging market equity ETFs.
Vanguard Total World Stock Market (VT): While more nuanced or flashy ETFs get all the headlines, VT is a large, liquid ETF that provides globally diversified exposure for just 19 bps a year. With more than 5,000 stocks in developed and emerging markets alike, it is the ultimate core holding.