Nasdaq Global Indexes is proud to be the index behind two of the six most popular new ETFs of 2016, according to ETF.com. The First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC), based on the Dorsey Wright Dynamic Focus Five Index, is designed to provide targeted exposure to five First Trust sector and industry based ETFs and the Nasdaq US T-Bill Index (the "cash index"). The index combines Dorsey, Wright & Associates' (DWA) systematic momentum approach to sector rotation and risk management via cash equivalents represented by one- to three-month U.S. Treasury bills in the cash index. The Vanguard International Dividend Appreciation ETF (VIGI), based on the Nasdaq International Dividend Achiever Select Index, tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven or more consecutive years.
“In an increasingly crowded space with ETFs of all stripes already available, it's become difficult for issuers to differentiate their products and make an impression on investors. That's why out of the host of funds that launched this year, only a handful have attracted assets of any significance. Only seven, or 5% of this year's launches, have eclipsed the $100 million mark in assets under management,” according to the article.
In addition, the PowerShares DWA Tactical Multi-Asset Income Portfolio ETF (DWIN), which tracks the Dorsey Wright Multi Asset Income Index, also launched this year and has crossed the $100M threshold.
For more information about these indexes or any of our smart-beta-themed strategies, please visit our website www.business.nasdaq.com/smartbeta.
To read the entire article from ETF.com, click here.
Nasdaq® is a registered trademark of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
© 2016. Nasdaq, Inc. All Rights Reserved.