\nActively Managed AUM<\/td>\n | $26.4 B<\/td>\n | +3.8% mth<\/td>\n | +15.0% ytd<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Data sources:\u00a0 Daily prices and volume of individual ETPs from Norgate Premium Data.\u00a0 Fund counts and all other information compiled by Invest With An Edge.<\/p>\n New products launched in June\u00a0<\/strong>(sorted by launch date):<\/p>\n\n- SPDR Dorsey Wright Fixed Income Allocation ETF (DWFI)<\/strong>, launched 6\/2\/16, is a fund-of-funds ETF that uses price momentum to select ETFs targeting fixed-income securities.\u00a0 The selection universe is limited to other SPDR ETFs and includes those providing exposure to U.S. and foreign developed and emerging-market bonds; Treasury bonds; corporate bonds; high-yield bonds; inflation-protected bonds; floating-rate notes; first-lien, senior-secured, floating-rate bank loans; preferred securities; U.S. municipal bonds; and U.S. convertible securities.\u00a0 DWFI has an expense ratio of 0.60% (DWFI overview).<\/li>\n
- Franklin LibertyQ Emerging Markets ETF (FLQE)<\/strong>, launched 6\/3\/16, seeks to track an index of stocks from emerging-market countries with favorable exposure to quality, value, momentum, and volatility factors. \u00a0Its expense ratio is capped at 0.55% (FLQE overview).<\/li>\n
- Franklin LibertyQ Global Dividend ETF (FLQD)<\/strong>, launched 6\/3\/16, seeks to track an index of stocks from developed- and emerging-market countries with high and persistent dividend income along with favorable exposure to the quality investment-style factor.\u00a0 FLQD will cap its expense ratio at 0.45% (FLQD overview).<\/li>\n
- Franklin LibertyQ Global Equity ETF (FLQG)<\/strong>, launched 6\/3\/16, seeks to track an index of stocks from developed and emerging markets that have favorable exposure to quality, value, momentum, and volatility factors.\u00a0 The ETF caps its expense ratio at 0.35% (FLQG overview).<\/li>\n
- Franklin LibertyQ International Equity Hedged ETF (FLQH)<\/strong>, launched 6\/3\/16, seeks to track an index of stocks from developed markets, excluding the U.S. and Canada, with favorable exposure to quality, value, momentum, and volatility factors.\u00a0 The ETF hedges foreign currency exposure and caps its expense ratio at 0.40% (FLQH overview).<\/li>\n
- The Health and Fitness ETF (FITS)<\/strong>, launched 6\/7\/16, is a thematic ETF offering from Janus. \u00a0The underlying index from Solactive seeks exposure to companies globally that are poised to take advantage of the growing trend toward health and fitness consumption, including companies whose business is focused on fitness technology and equipment, sports apparel, nutrition, and sports\/fitness facilities. \u00a0The ETF uses a multi-tier, equal-weighting methodology, and its expense ratio is 0.50% (FITS overview).<\/li>\n
- The Long-Term Care ETF (OLD)<\/strong>, launched 6\/7\/16, is a thematic ETF offering from Janus.\u00a0 The underlying index from Solactive seeks exposure to companies globally that are positioned to profit from providing long-term care to the aging population.\u00a0 This includes companies owning or operating senior living facilities, nursing services, specialty hospitals, senior housing, biotech companies for age-related illnesses, and companies that sell products and services to such facilities.\u00a0 OLD uses a multi-tier, equal-weighting methodology and has an expense ratio of 0.50% (OLD overview).<\/li>\n
- The Obesity ETF (SLIM)<\/strong>, launched 6\/7\/16, is a thematic ETF offering from Janus.\u00a0 The underlying index from Solactive seeks exposure to companies globally that could benefit as they fight the global obesity epidemic.\u00a0 These include biotechnology, pharmaceutical, health care, and medical device companies whose business is focused on obesity; obesity-related disease, including diabetes, high blood pressure, high cholesterol, heart disease, stroke, sleep apnea; weight loss programs; supplements; and plus-sized apparel.\u00a0 The ETF uses a multi-tier, equal-weighting methodology with an expense ratio of 0.50% (SLIM overview).<\/li>\n
- The Organics ETF (ORG)<\/strong>, launched 6\/7\/16, is a thematic ETF offering from Janus.\u00a0 The underlying index from Solactive seeks exposure to companies globally that can capitalize on the increasing desire for naturally derived food and personal-care items, including companies which service, produce, distribute, market, or sell organic food, beverage, cosmetics, supplements, or packaging. \u00a0ORG uses a multi-tier, equal-weighting methodology, and its expense ratio is 0.50% (ORG overview).<\/li>\n
- RiverFront Dynamic US Dividend Advantage ETF (RFDA)<\/strong>, launched 6\/7\/16, is an actively managed ETF\u00a0seeking to provide capital appreciation and dividend income. \u00a0RiverFront Investment Group, LLC, assembles a portfolio of eligible securities based on several core attributes such as value, quality, and momentum.\u00a0 It also considers multiple proprietary factors within each core attribute.\u00a0 The ETF has an expense ratio of 0.52% (RFDA overview).<\/li>\n
- RiverFront Dynamic US Flex-Cap ETF (RFFC)<\/strong>, launched 6\/7\/16, is an actively managed ETF\u00a0seeking to provide capital appreciation.\u00a0 RiverFront assembles a portfolio of eligible securities based on several core attributes such as value, quality, and momentum.\u00a0 The manager also considers multiple proprietary factors within each core attribute, and the ETF has an expense ratio of 0.52% (RFFC overview).<\/li>\n
- Direxion Daily S&P 500 Bear 1x Shares (SPDN)<\/strong>, launched 6\/8\/16, seeks daily investment results, before fees and expenses, that are\u00a0100% of the inverse (opposite) of the performance of the S&P 500 Index. \u00a0The portfolio is implemented with swaps, and the expense ratio is capped at 0.45% (SPDN overview).<\/li>\n
- Aptus Behavioral Momentum ETF (BEMO)<\/strong>, launched 6\/9\/16, seeks to track an index of 25 equal-weighted, large, U.S.-traded equity securities. \u00a0The proprietary index methodology, developed by Aptus Capital Advisors, quantitatively ranks large U.S. companies based on a combination of momentum and irrational investor behavior and seeks to gain exposure to only the highest ranked stocks.\u00a0 The ETF has an added objective of capital protection during market downtrends and is therefore risk managed in that it can vary between 100% long-only exposure to stocks or 100% exposure to intermediate Treasury bonds dependent on the overall market environment. \u00a0BEMO has an expense ratio of 0.79% (BEMO overview).<\/li>\n
- Columbia Sustainable Global Equity Income ETF (ESGW)<\/strong>, launched 6\/13\/16, seeks to provide exposure to U.S. and foreign developed market large- and mid-cap companies believed to offer sustainable levels of income as well as total return opportunity.\u00a0 The underlying index applies a systematic, rules-based multi-factor model and screens companies based on environmental, social, and governance practices. \u00a0Its expense ratio is 0.40% (ESGW overview).<\/li>\n
- Columbia Sustainable International Equity Income ETF (ESGN)<\/strong>, launched 6\/13\/16, seeks to provide exposure to foreign developed market large- and mid-cap companies believed to offer competitive and sustainable levels of income, as well as competitive total return.\u00a0 The underlying index applies a systematic, rules-based, multi-factor model and screens companies based on environmental, social, and governance practices.\u00a0 ESGN has an expense ratio of 0.45% (ESGN overview).<\/li>\n
- Columbia Sustainable U.S. Equity Income ETF (ESGS)<\/strong>, launched 6\/13\/16, seeks to provide exposure to U.S. large- and mid-cap companies believed to offer sustainable levels of income, as well as total return opportunity.\u00a0 The underlying index applies a systematic, rules-based, multi-factor model and screens companies based on environmental, social, and governance practices.\u00a0 The new ETF has an expense ratio of 0.35% (ESGS overview).<\/li>\n
- RiverFront Dynamic Core Income ETF (RFCI)<\/strong>, launched 6\/14\/16, is an actively managed ETF seeking total return with an emphasis on income as the source of that total return.\u00a0 The global bond portfolio is constructed using a two-step process, with the first step setting the allocation among different fixed-income asset classes and the second step determining security selection within those asset classes.\u00a0 RFCI has an expense ratio of 0.51% (RFCI overview).<\/li>\n
- RiverFront Dynamic Unconstrained Income ETF (RFUN)<\/strong>, launched 6\/14\/16, is an actively managed ETF seeking total return with an emphasis on income as the source of that total return.\u00a0 The global bond portfolio is constructed using a two-step process, with the first step setting the allocation among different fixed-income asset classes and the second step determining security selection within those asset classes. \u00a0A quantitative methodology determines the allocations\u2019 various maturities of investment-grade securities, high-yield securities, and emerging-market debt.\u00a0 RFUN has an expense ratio of 0.51% (RFUN overview).<\/li>\n
- First Trust RiverFront Dynamic Emerging Markets ETF (RFEM)<\/strong>, launched 6\/15\/16, is an actively managed ETF seeking to provide capital appreciation of emerging-market equities along with a dynamic currency-hedging strategy that can hedge anywhere from 0%\u2013100% of the fund\u2019s currency exposure.\u00a0 A quantitative matrix screen scores geographies on fundamental and technical momentum and combines this with a qualitative assessment seeking to identify meaningful changes in fundamentals.\u00a0 The portfolio managers combine the outputs of their quantitative and qualitative processes with their view on valuation, relative to these outputs.\u00a0 The expense ratio comes in at 0.95% (RFEM overview).<\/li>\n
- iShares MSCI China A ETF (CNYA)<\/strong>, launched 6\/15\/16, seeks to track the investment results of an index composed of domestic Chinese equities known as A-shares that trade on the Shanghai or Shenzhen Stock Exchange.\u00a0 Holdings are capitalization-weighted, and the fund has an expense ratio of 0.65% (CNYA overview).<\/li>\n
- Direxion Daily High Yield Bear 2x Shares (HYDD)<\/strong>, launched 6\/16\/16, seeks daily investment results that are 200% of the inverse (opposite) of the performance of the Barclays U.S. High Yield Very Liquid Index. \u00a0The portfolio is implemented with swaps on the SPDR Barclays High Yield Bond ETF (JNK) and comes with an expense ratio of 0.80% (HYDD overview).<\/li>\n
- iShares Fallen Angels USD Bond ETF (FALN)<\/strong>, launched 6\/16\/16, seeks to track the Barclays US High Yield Fallen Angel 3% Capped Index, which is designed to reflect the performance of U.S. dollar denominated, high-yield corporate bonds that were previously rated investment grade. \u00a0Bonds are market-value-weighted with a 3% cap on each issuer, and the ETF carries an expense ratio of 0.35% (FALN overview).<\/li>\n
- iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF (HYXE)<\/strong>, launched 6\/16\/16, seeks to track the investment results of an index composed of a broad range of U.S. dollar\u2013denominated, high-yield corporate bonds that excludes those issued by companies in the oil and gas sector.\u00a0 HYXE has an expense ratio of 0.50% (HYXE overview).<\/li>\n
- AccuShares S&P GSCI Crude Oil Excess Return Down Shares (OILD)<\/strong>, is a product that is taxed as a C-corporation and seeks to track the inverse performance of the S&P GSCI Crude Oil Index just once per month.\u00a0 The product does not own anything and is combined with the Up Shares (OILU) in what is known as a teeter-totter arrangement.\u00a0 AccuShares attached numerous warnings to OILD, including that the fund will only seek to match the inverse performance of the Index once per month (between distribution dates), that it will be subject to large price premiums and discounts the remainder of the month, and that it should be considered a short-term investment.\u00a0 Additionally, the fund may make large return-of-capital distributions on a monthly basis, the fund will often make distributions of offsetting paired shares, and new shares will only be issued in offsetting pairs.\u00a0 To maintain your original correlation to the underlying Index when receiving a distribution of offsetting shares, you will have to sell the shares of the opposite class, and this will impede the ability of your investment to track the performance of the underlying Index.\u00a0 The fund is expected to be treated as a C-corporation for income-tax purposes, and the various federal, state, and local taxes will be accrued daily, reducing the fund\u2019s value.\u00a0 This product claims to have an expense ratio of 0.29%, but that does not include its tax liabilities (OILD overview).<\/li>\n
- AccuShares S&P GSCI Crude Oil Excess Return Up Shares (OILU)<\/strong>, launched 6\/28\/16, is a product that is taxed as a C-corporation and seeks to track the S&P GSCI Crude Oil Index just one day per month.\u00a0 The product does not own anything and is combined with the Down Shares (OILD) in what is known as a teeter-totter arrangement.\u00a0 The product comes with numerous warnings, which are outlined above in the OILD description.\u00a0 OILU claims to have an expense ratio of 0.29%, but that does not include its tax liabilities (OILU overview).<\/li>\n
- Deutsche X-trackers Russell 2000 Comprehensive Factor ETF (DESC)<\/strong>, launched 6\/28\/16, is an index-based fund designed to capture exposure to small-cap U.S. equities based on quality, value, momentum, low volatility, and size. \u00a0These factors represent common stock characteristics, for which there is a broad academic consensus, that explain a stock\u2019s risk and performance.\u00a0 DESC has an expense ratio of 0.30% (DESC overview).<\/li>\n
- RBC S&P 500 Trend Allocator PR Index ETN (TALL)<\/strong>, launched 6\/28\/16, are exchange-traded notes (\u201cETNs\u201d) issued by the Royal Bank of Canada that are linked to the return of the S&P 500 Trend Allocator PR Index.\u00a0 The underlying Index will track the S&P 500 Total Return Index if it has been above its 200-day moving average for five consecutive days.\u00a0 If the S&P 500 Total Return Index is below its 200-day moving average for five consecutive days, then the underlying Index will track the cash rate.\u00a0 The TALL ETN has an investor fee (expense ratio) of 0.85% (TALL overview).<\/li>\n
- SPDR S&P Internet ETF (XWEB)<\/strong>, launched 6\/28\/16, intends to track the internet segment of the S&P Total Market Index, which comprises the internet retail subindustry and internet software & services subindustry.\u00a0 XWEB uses an equal-weighting scheme and carries an expense ratio of 0.35% (XWEB overview).<\/li>\n
- SPDR S&P Technology Hardware ETF (XTH)<\/strong>, launched 6\/28\/16, seeks to track the performance of the technology hardware segment of the S&P Total Market Index, which comprises the technology hardware, storage & peripherals subindustry; electronic equipment & instruments subindustry; and electronic components subindustry.\u00a0 XTH employs an equal-weighting methodology and comes with an expense ratio of 0.35% (XTH overview).<\/li>\n
- Guggenheim S&P 100 Equal Weight ETF (OEW)<\/strong>, launched 6\/30\/16, owns the 100 mega-cap stocks of the S&P 100 Index using an equal-weighting approach.\u00a0 The new ETF has an expense ratio of 0.40% (OEW overview).<\/li>\n
- iShares MSCI EAFE ESG Select ETF (ESGD)<\/strong>, launched 6\/30\/16, seeks to track the investment results of an index composed of large- and mid-capitalization developed-market equities, excluding the U.S. and Canada, that have positive environmental, social, and governance characteristics at an expense ratio of 0.40% (ESGD overview).<\/li>\n
- iShares MSCI EM ESG Select ETF (ESGE)<\/strong>, launched 6\/30\/16, seeks to track the investment results of an index composed of large- and mid-capitalization emerging-market equities that have positive environmental, social, and governance characteristics.\u00a0 ESGE has an expense ratio of 0.45% (ESGE overview).<\/li>\n<\/ol>\n
Product closures in June and last day of listing<\/strong>:<\/p>\n\n- CS X-Links Merger Arbitrage ETN (CSMA) 6\/10\/16<\/li>\n
- Barclays OFI SteelPath MLP ETN (OSMS) 6\/21\/16<\/li>\n
- ALPS Enhanced Put Write Strategy (PUTX) 6\/24\/16<\/li>\n<\/ol>\n
Product changes in June:<\/strong><\/p>\n\n- Franklin Short Duration U.S. Government ETF (FTSD) was renamed the Franklin Liberty Short Duration U.S. Government ETF (FTSD) effective June 1.<\/li>\n
- KraneShares CSI New China ETF (KFYP) was renamed KraneShares Zacks New China ETF (KFYP) effective June 1.<\/li>\n
- AccuShares Spot CBOE VIX Up Shares (VXUP) and AccuShares Spot CBOE VIX Down Shares (VXDN) effected 1-for-3 reverse splits on June 23.<\/li>\n
- ProShares Short S&P 500 (SH) underwent a 1-for-2 reverse split effective June 24.<\/li>\n
- VanEck Vectors High Income MLP ETF (YMLP) underwent a 1-for-5 reverse split effective June 29.<\/li>\n<\/ol>\n
Announced product changes for coming months:<\/strong><\/p>\n\n- AdvisorShares TrimTabs Float Shrink ETF (TTFS) will\u00a0change its subadvisor and be renamed\u00a0the AdvisorShares Wilshire Buyback ETF (TTFS) effective July 1 (TrimTabs\u2019 response).<\/li>\n
- Effective on or after July 1, 2016, iShares will change from Barclays to ICE U.S. Treasury Bond Index Series indexes for iShares Core U.S. Treasury Bond ETF (GOVT), iShares Short Treasury Bond ETF (SHV), and iShares 10-20 Year Treasury Bond ETF (TLH).<\/li>\n
- Falah Russell-IdealRatings U.S. Large Cape ETF (FIA) will close and liquidate with July 14 being its last day of listed trading.<\/li>\n
- Direxion Daily Total Market Bear 1x Shares (TOTS) will close and liquidate\u00a0with July 15 being its last day of trading.<\/li>\n
- The SPDR Quality Mix suite of 13 ETFs will be rebranded as the SPDR StrategicFactors suite effective July 15.<\/li>\n
- AccuShares Spot CBOE VIX Down Shares (VXDN) will receive a regular distribution payable in shares of VXUP and VXDN, and a corrective distribution of payable in shares of VXUP effective July 20.<\/li>\n
- AccuShares Spot CBOE VIX Up Shares (VXUP) will receive a corrective distribution payable in shares of VXDN effective July 20.<\/li>\n
- BlackRock\u00a0iShares will perform forward splits on 11 of its ETFs\u00a0(ITOT, IUSG, IUSV, IUSB, ISTB, IBCC, IBCD, IBCE, IBDB, IBDC, and IBDD) effective July 22.<\/li>\n
- ProShares will effect ETF splits on July 22.\u00a0 UGE, UPW, CMD, UXI, and KOLD will undergo forward splits, and GDXS, VIXY, and UVXY will undergo reverse splits.<\/li>\n
- BlackRock plans to\u00a0close and liquidate 10 iShares ETFs.\u00a0 August 23\u00a0will be the last day of listed trading for EEML, EMHZ, IEIL, IELG, IEIS, IESM, ITIP, GTIP, QLTB, and QLTC.<\/li>\n
- The iShares iBonds Sep 2016 Term Muni Bond ETF (IBME) is\u00a0scheduled to mature and will cease trading\u00a0at the market\u2019s close on September 1, 2016.<\/li>\n<\/ol>\n
Previous monthly ETF statistics reports are available\u00a0here.<\/p>\n Disclosure: Author has no positions in any of the securities, companies, or ETF sponsors mentioned. \u00a0No income, revenue, or other compensation (either directly or indirectly) is received from, or on behalf of, any of the companies or ETF sponsors mentioned.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"Thirty-two new ETFs and ETNs came to market in June, and three closed up shop.\u00a0 The net increase of 29 puts the listed count at 1,931 (1,729 ETFs and 202 ETNs) at the end of June.\u00a0 Assets climbed by $30.6 billion, with $19.3 billion coming from inflows and $11.2 billion the result of market action.\u00a0 …<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/1203"}],"collection":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/comments?post=1203"}],"version-history":[{"count":0,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/1203\/revisions"}],"wp:attachment":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/media?parent=1203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |