ETFGI Reports Smart Beta ETFs And ETPs Globally Reach New High Of 659 Billion US Dollars At End Of July 2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in Smart Beta ETFs and ETPs listed globally reached a new high of US$659 billion, following net inflows of US$6.27 billion and market movements during July. (All dollar values in USD unless otherwise noted.)

Highlights

Assets invested in Smart Beta ETFs and ETPs listed globally reached a new high of $659 Bn at the end of July.
Smart Beta ETFs and ETPs listed globally gathered net new assets of $6.27 Bn during July.
There have been 30 consecutive months of net inflows in to Smart Beta Products.

“The S&P 500 gained 3.72%, international markets ex US were up 1.93% and emerging markets up 2.81%. Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.

According to ETFGI’s July 2018 Global Active ETF and ETP industry insights report, an annual paid-for research subscription service, Smart Beta ETFs and ETPs listed globally gathered net inflows of $6.27 Bn during July. Total assets increased 3.78% from $635 Bn at the end of June and have increased 8.75% from $606 Bn year-to-date.

Growth in Smart Beta ETF and ETP assets as of the end of July 2018

At the end of July 2018, there were 1,235 smart beta equity ETFs/ETPs, with 2,241 listings, assets of $659 Bn, from 148 providers on 40 exchanges in 32 countries. Year-to-date Smart Beta equity products have experienced net inflows are at $35.5 Bn, less than the $37.6 Bn in net inflows at this point last year.

A significant portion of net inflows during July can be attributed to the top 20 Smart Beta ETFs/ETPs, ordered by net new assets, which collectively gathered $5.75 Bn. The Vanguard Value (VTV US) and the SPDR Portfolio S&P 500 Growth (SPYG US) gathered the largest net new assets during the month, with $1.54 Bn and $557 Mn, respectively.

Top 20 Smart Beta ETFs/ETPs by net new assets July 2018: Global

Name	Ticker	Index Provider	Assets (US$ Mn) Jul-18	ADV (US$ Mn) Jul-18	NNA (US$ Mn) YTD 2018	NNA (US$ Mn) Jul-18
Vanguard Value	VTV US	CRSP	42,083	209	4,618	1,540
SPDR Portfolio S&P 500 Growth	SPYG US	S&P Dow Jones	3,295	54	1,897	557
Invesco S&P 500 High Dividend Low Vol	SPHD US	S&P Dow Jones	3,102	11	216	444
iShares S&P Small-Cap 600 Value	IJS US	S&P Dow Jones	6,608	66	780	427
First Trust NYSE Arca Biotech Index Fund	FBT US	ICE Data Services	2,050	29	600	345
iShares S&P 500 Growth	IVW US	S&P Dow Jones	22,036	112	414	329
iShares MSCI EAFE Value	EFV US	MSCI	5,562	31	(598)	290
iShares S&P Small-Cap 600 Growth	IJT US	S&P Dow Jones	6,666	41	880	233
Invesco S&P 500 Equal Weight	RSP US	S&P Dow Jones	15,603	56	61	184
Vanguard Small-Cap Value	VBR US	CRSP	14,002	39	744	177
BNP Paribas Easy Equity Low Vol Europe UCITS Cap.	EVOE FP	BNP Paribas	299	0	188	165
iShares Edge MSCI USA Value Factor	VLUE US	MSCI	3,787	21	527	140
SPDR S&P 600 Small Cap Value	SLYV US	S&P Dow Jones	1,685	14	456	132
Goldman Sachs ActiveBeta U.S. Large Cap Equity	GSLC US	Goldman Sachs	3,654	12	735	129
Oppenheimer Ultra Dividend Revenue	RDIV US	Oppenheimer Funds	741	11	159	122
Vanguard Mid-Cap Value	VOE US	CRSP	9,170	24	625	121
Vanguard Small-Cap Growth	VBK US	CRSP	8,524	29	751	109
SPDR S&P 600 Small Cap Growth	SLYG US	S&P Dow Jones	2,172	16	691	107
Schwab US Large-Cap Growth ETF	SCHG US	S&P Dow Jones	6,453	29	767	105
UBS - MSCI EMU Select Factor Mix UCITS	EUFM IM	MSCI	111	0	95	95

Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.