The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) made its debut on 06/25/2007, and is a smart beta exchange traded fund that provides broad exposure to the Foreign Large Value ETF category of the market.What Are Smart Beta ETFs?Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.Market cap weighted indexes offer a low-cost, convenient, and transparent way of repl ...

The iShares Emerging Markets Equity Factor ETF (EMGF) was launched on 12/08/2015, and is a smart beta exchange traded fund designed to offer broad exposure to the Broad Emerging Market ETFs category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Investors who believe in market efficiency should consider market cap indexes, as th ...

Core Insights - The First Trust Utilities AlphaDEX ETF (FXU) provides broad exposure to the Utilities/Infrastructure ETFs category, having debuted on 05/08/2007 [1] - FXU is managed by First Trust Advisors and has accumulated over $1.73 billion in assets, making it one of the larger ETFs in its category [5] - The ETF seeks to match the performance of the StrataQuant Utilities Index, which uses a modified equal-dollar weighted methodology to select stocks [6] Fund Characteristics - FXU has an annual operating expense ratio of 0.63% and a 12-month trailing dividend yield of 2.08% [7] - The fund has a heavy allocation to the Utilities sector, representing 97.6% of its portfolio [8] - The top three holdings include Edison International (4.23%), Evergy, Inc., and Pg&e Corporation, with the top 10 holdings accounting for 40.08% of total assets [9] Performance Metrics - As of 08/21/2025, FXU has increased by approximately 19.58% year-to-date and 28.29% over the past year [11] - The ETF has a beta of 0.63 and a standard deviation of 17.29% over the trailing three-year period, indicating medium risk [11] - FXU has 41 holdings, providing more concentrated exposure compared to its peers [11] Alternatives - Other ETFs in the Utilities/Infrastructure segment include Vanguard Utilities ETF (VPU) and Utilities Select Sector SPDR ETF (XLU), with VPU having $7.42 billion and XLU $21.55 billion in assets [13] - VPU has a lower expense ratio of 0.09% compared to FXU, while XLU has an expense ratio of 0.08% [13]

Core Insights - The Invesco Large Cap Growth ETF (PWB) is designed to provide broad exposure to the Style Box - Large Cap Growth category, launched on March 3, 2005 [1] Fund Overview - PWB is a smart beta ETF with assets exceeding $1.25 billion, aiming to match the performance of the Dynamic Large Cap Growth Intellidex Index [5] - The fund has an annual operating expense ratio of 0.53% and a 12-month trailing dividend yield of 0.06% [6] Sector Exposure and Holdings - The largest sector allocation for PWB is Information Technology at approximately 32.2%, followed by Financials and Industrials [7] - Oracle Corp (ORCL) constitutes about 4.54% of total assets, with Nvidia Corp (NVDA) and Broadcom Inc (AVGO) also among the top holdings; the top 10 holdings represent around 35.24% of total assets [8] Performance Metrics - As of August 18, 2025, PWB has gained about 17.63% year-to-date and approximately 26.67% over the past year, with a trading range between $86.24 and $120.82 in the last 52 weeks [10] - The fund has a beta of 1.12 and a standard deviation of 19.09% over the trailing three-year period, indicating medium risk [10] Alternatives - Other ETFs in the large cap growth space include Vanguard Growth ETF (VUG) with $186.18 billion in assets and an expense ratio of 0.04%, and Invesco QQQ (QQQ) with $368.25 billion in assets and an expense ratio of 0.20% [11]

Designed to provide broad exposure to the Foreign Large Blend ETF category of the market, the Vanguard International Dividend Appreciation ETF (VIGI) is a smart beta exchange traded fund launched on 03/03/2016.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.A good option for investors who believe in market efficiency, market cap weighted index ...

Making its debut on 11/08/2017, smart beta exchange traded fund John Hancock Multifactor Small Cap ETF (JHSC) provides investors broad exposure to the Style Box - Small Cap Blend category of the market.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-c ...

Launched on 06/23/2005, the Invesco Leisure and Entertainment ETF (PEJ) is a smart beta exchange traded fund offering broad exposure to the Consumer Discretionary ETFs category of the market.What Are Smart Beta ETFs?Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating mar ...

Core Viewpoint - The First Trust Value Line Dividend ETF (FVD) is a smart beta ETF designed to provide broad exposure to the Large Cap Value category, with a focus on companies that pay above-average dividends and have potential for capital appreciation [1][5]. Fund Overview - FVD was launched on August 19, 2003, and is managed by First Trust Advisors, accumulating over $9.04 billion in assets, making it one of the larger ETFs in its category [1][5]. - The ETF seeks to match the performance of the Value Line Dividend Index, which is a modified equal dollar weighted index [5]. Cost Structure - FVD has an annual operating expense ratio of 0.61%, which is considered high compared to other products in the space [6]. - The ETF offers a 12-month trailing dividend yield of 2.25% [6]. Sector Exposure and Holdings - The ETF has a significant allocation in the Industrials sector, accounting for approximately 20.8% of the portfolio, followed by Utilities and Financials [7]. - The top 10 holdings represent about 4.81% of FVD's total assets, with Us Dollar ($USD) making up about 0.72% of the fund's total assets [8]. Performance Metrics - FVD has returned approximately 4.97% year-to-date and 10.03% over the last year as of August 6, 2025 [9]. - The ETF has traded between $40.62 and $46.70 in the past 52 weeks [9]. - It has a beta of 0.72 and a standard deviation of 13.02% over the trailing three-year period, indicating medium risk [10]. Alternatives - Other ETFs in the same space include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), which have significantly larger asset bases and lower expense ratios [12].

Core Insights - The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is a smart beta ETF that provides broad exposure to the large-cap blend category of the market, launched on September 12, 2017 [1] Fund Overview - GSEW has accumulated over $1.29 billion in assets, making it one of the larger ETFs in its category [5] - The fund is managed by Goldman Sachs Funds and aims to match the performance of the Solactive US Large Cap Equal Weight Index, which includes approximately 500 of the largest U.S. companies [5] Cost Structure - GSEW has an annual operating expense ratio of 0.09%, making it one of the least expensive products in its space [6] - The ETF has a 12-month trailing dividend yield of 1.50% [6] Sector Exposure and Holdings - The ETF has the highest allocation in the Financials sector at about 16.5%, followed by Information Technology and Industrials [7] - Datadog Inc (DDOG) accounts for approximately 0.22% of the fund's total assets, with the top 10 holdings representing about 2.11% of total assets under management [8] Performance Metrics - GSEW has increased by roughly 6.35% year-to-date and is up approximately 13.2% over the past year as of August 4, 2025 [10] - The ETF has traded between $67.22 and $84.15 in the past 52 weeks and has a beta of 1.00 with a standard deviation of 16.55% over the trailing three-year period [10] Alternatives - Other ETFs in the large-cap blend space include SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO), with SPY having $644.75 billion and VOO $686.74 billion in assets [11] - SPY has an expense ratio of 0.09% while VOO charges 0.03% [11]

Core Viewpoint - The Invesco Semiconductors ETF (PSI) offers investors exposure to the semiconductor sector through a smart beta strategy, aiming to outperform traditional market cap weighted ETFs [1][3][12]. Fund Overview - PSI was launched on June 23, 2005, and has accumulated over $699.47 million in assets, categorizing it as an average-sized ETF within the Technology ETFs [1][5]. - The fund seeks to replicate the performance of the Dynamic Semiconductor Intellidex Index, which evaluates semiconductor companies based on various investment criteria [5][6]. Cost and Expenses - PSI has an annual operating expense ratio of 0.56%, which is competitive within its peer group [7]. - The fund offers a 12-month trailing dividend yield of 0.14% [7]. Sector Exposure and Holdings - The fund is heavily weighted towards the Information Technology sector, which constitutes 97.9% of its portfolio [8]. - Key holdings include Applied Materials Inc (5.03%), Texas Instruments Inc, and Lam Research Corp, with the top 10 holdings making up approximately 46.24% of total assets [9]. Performance Metrics - Year-to-date, PSI has increased by approximately 1.5% and has risen about 11.14% over the past 12 months as of August 4, 2025 [11]. - The ETF has a beta of 1.50 and a standard deviation of 36.67% over the trailing three-year period, indicating higher risk compared to peers [11]. Alternatives - Other ETFs in the semiconductor space include iShares Semiconductor ETF (SOXX) and VanEck Semiconductor ETF (SMH), with assets of $13.11 billion and $26.21 billion respectively [13]. - SOXX and SMH both have lower expense ratios of 0.35%, appealing to investors seeking cost-effective options [13].