The rapid growth of the U.S. strategic beta exchange-traded product market is outlined in a recent report by Morningstar.
Strong growth: Strategic beta ETP assets have grown more than 35% annually over the last five years, to $359.7 billion as of June 30.
Growing share: Strategic beta ETP asset growth has outpaced the overall ETP industry, growing to 19% of that market as of June 30.
Income focused: Value, growth and dividend screened/weighted ETPs account for 77% of strategic beta assets. It is no surprise that dividend-focused strategies are most popular given the low-yield environment in recent years.
Sources: Morningstar, Inc.
Compiled and designed by Timothy Pollard and Gregg A. Runburg