ETFGI Reports Assets Invested In Smart Beta Equity ETFs And ETPs Reached A Record Of US$5.73 Billion At The End Of September 2019

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that equity-based Smart Beta ETFs and ETPs listed globally gathered net inflows of US$5.73 billion during September. Year-to-date through to the end of September 2019, Smart Beta Equity ETFs/ETPs assets have increased by 26.1% from US$618 billion to US$779 billion, with a 5-year CAGR of 19.9%, according to ETFGI’s September 2019 Smart Beta ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.) 

Highlights

• Assets invested in Smart Beta Equity ETFs/ETPs reached a record of $779 billion.
• In September 2019, Equity Smart Beta ETFs/ETPs attracted $5.73 billion in net inflows.
• 44th consecutive month of net inflows into Smart Beta Equity ETFs/ETPs.

At the end of September 2019, there were 1,336 smart beta equity ETFs/ETPs, with 2,506 listings, assets of $779 billion, from 169 providers on 41 exchanges in 33 countries. Following net inflows of $5.73 billion and market moves during the month, assets invested in Smart Beta ETFs/ETPs listed globally increased by 1.26%, from $759 billion at the end of August 2019 to $779 billion.

Comparison of assets in market cap, smart beta, other and active equity products

Value ETFs and ETPs attracted the greatest monthly net inflows, gathering $2.31 billion in September. Growth ETFs and ETPs suffered the greatest outflows during the month and amounted to $542 million.

Substantial inflows can be attributed to the top 20 Smart Beta ETFs/ETPs by net new assets, which collectively gathered $8.48 billion in September, the iShares MSCI USA Minimum Volatility ETF (USMV US) gathered $1.62 billion alone.

Top 20 Smart Beta ETFs/ETPs by net new assets September 2019