Why ETFs Are Thriving In 2017

In fact, the top-performing ETFs — ARK Innovation ETF (ARKK - Free Report) WisdomTree China ex-State-Owned Enterprises Fund (CXSE - Free Report) Emerging Markets Internet & eCommerce ETF (EMQQ - Free Report) VanEck Vectors India Small-Cap Index ETF (SCIF - Free Report) , and PureFunds Video Game Tech ETF (GAMR - Free Report) — belong to these categories. These funds have gained at least 60% in the year-to-date time frame.

Apart from these, an increased number of launches is adding to investor’ enthusiasm. After 246 launches in 2016, the industry has seen 256 launches so far this year. Of these, a few ETFs have been able to garner more than $500 million in AUM. iShares Core MSCI International Developed Markets ETF (IDEV - Free Report) is the most successful new ETF pulling in $882 million in new assets since its debut on Mar 21. This was followed by inflows of $638.1 for Principal U.S. Mega-Cap Multi-Factor Index ETF (USMC - Free Report)and $569.8 million for Principal Active Global Dividend Income ETF (GDVD - Free Report) . The former was launched on Oct 11 while the latter debuted on May 9.

1 2
View single page >> |

Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any specific ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.