ETF.com takes a look at how Smart Beta ETFs have fared so far this year:
Smart-beta ETFs have been all the rage recently, attracting billions of dollars in inflows. These funds, which often share little in common other than the fact that they aim to outperform traditional, market-cap-weighted index funds, are extremely varied in their strategies. Unsurprisingly, just as varied as their strategies is their performance.
Since the start of 2015, there have been both big winners and big losers in the smart-beta space. That said, the top-performing smart-beta ETFs so far in 2015 do share some commonalities. Nine of the 10 funds on the list are related to either health care, Japan or Europe.
Our own PowerShares DWA Healthcare Momentum ETF (PTH) and PowerShares DWA NASDAQ Momentum ETF (DWAQ) receive some nice coverage in this article.
The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Dorsey Wright is the index provider for PDP and a suite of other Momentum ETFs at PowerShares. See www.powershares.com for more information.