The Top 10 New ETFs Year To Date

Smart beta gets good inflows, but who said plain vanilla was out of fashion?  

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Editor, etf.com Europe
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Reviewed by: Rachael Revesz
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Edited by: Rachael Revesz

So far this year over €56 billion has been poured into equity, fixed income, commodity, alternative and currency Europe-listed exchange traded funds, according to Lyxor data. This figure compares to €44.7 billion during the whole of 2014, which saw a large rout on commodity markets.

But amongst the billions, there are ten winners. Particularly among the newly-launched ETFs in Europe in 2015, there have been some surprising inflows.

10) db X-trackers Russell Midcap UCITS ETF (XRSM)

This fund has attracted €138 million year to date after launching in March. It tracks an index of 829 midcap U.S companies with around 40 percent of the fund invested in financials and consumer discretionary stocks. Investors pay 0.35 percent per year to own it.

9) UBS ETFs plc - MSCI ACWI SF UCITS ETF (ACWIS)

Global equities have still received €142 million in this UBS fund despite launching in late September, just one month after the market freefall when the VIX spiked to 40 points. It costs 0.31 percent.

8) db x-trackers II iBoxx EUR High Yield Bond UCITS ETF (XHYG)

Another high yield option for those investors on the hunt for income – this fund has scooped €142 million since launch on 8 January and has a decent fee of 0.35 percent. Investors will gain exposure to 464 bonds, with over 18 percent issued in Italy.

7) iShares Euro Corporate Bond BBB-BB UCITS ETF (ISBB)

Another fixed income fund makes the top tier of inflows at €230 million since inception in February. It has a dividend indicated gross yield of 0.52 percent, which will be sought after in a world of low interest rates. It has annual fees of 0.25 percent.

 

6) SPDR S&P US Energy Select Sector UCITS ETF (ZPDE)

Investors piled €230 million into this fund as sector ETFs take off in Europe. In this fund, investors gain exposure to the largest U.S. energy companies from the S&P 500 – the top holding is Exxon Mobil Corporation at 16.99 percent. It has a cheap price tag of 0.15 percent and it launched in July.

 

 

5) db x-trackers S&P 500 UCITS ETF (Prospective DR) (XDPE)

Inflows jumped to €248 million since launch in March, although the U.S. turned out of favour this year as investors anticipated rising interest rates and other flagship U.S. ETFs struggled. It costs 0.30 percent.

4) Source Goldman Sachs Equity Factor Index Europe UCITS ETF (EFIE)

Investors ploughed €297 million into this smart beta ETF since it launched on 23 January, an impressive feat for the provider and despite the slightly higher fee of 0.55 percent. The fund tracks an index of European equities with a tilt towards five risk factors: size, value, momentum, quality and low beta.

3) db x-trackers Russell 2000 UCITS ETF (DR) (XRS2)

Who says plain vanilla is out of fashion? This fund gathered €461 million and it only launched on 23 March this year. Clearly, some U.S.-focused funds have done better than others – mainly those ETFs tracking the S&P 500. Its success is still surprising though when you consider the annual cost is 0.45 percent.

2) Lyxor Smart Cash UCITS ETF (CSH2)

Sometimes you have to be smart where you put your cash, and this fund has lured investors’ capital with inflows of €567 million since it came to market on 30 June. The synthetic fund is actively managed and invests in various instruments like repurchase agreements, aiming to get a better return than the Eonia benchmark rate but with less volatility. During uncertain markets, investors seem to have considered this fund like a safe haven stop gap.

1) Euro Stoxx 50 THEAM EASY UCITS ETF (ETDD)

The French-listed winner goes to BNP Paribas, whose fund claimed a whopping €810 million. And that’s just over three months, as it was listed in late July. Unfortunately for the new investors, the fund rose just 2 percent for the first few days, before plummeting over 10 percent as of 22 October. The expense ratio is 0.25 percent, and there are cheaper alternatives.

 

 

Rachael Revesz joined etf.com in August 2013 as staff writer. Previously an investment reporter at Citywire, she has a background in writing content for retail financial advisors and has covered a wide range of subjects in finance. Revesz studied journalism at PMA Media, which has since merged with the Press Association. She also holds a B.A. in modern languages from Durham University, as well as CF1 and CF2 financial planning certificates from the CII.