AdvisorShares TrimTabs Float Shrink ETF (NYSEArca: TTFS)
YTD Gain: 29.5%
Comment: TTFS is not a pure buyback ETF because TrimTabs uses other criteria in identifying fundamentally sound companies that are shrinking their floats beyond just share repurchase plans. TTFS focuses on these concepts: Shareholder-friendliness (measured by float shrink), profitability (measured by free cash flow relative to other securities) and solid balance sheet (measured by leverage ratio), according to the issuer. The rival PowerShares Buyback Achievers Portfolio (NYSEArca: PKW) also hit a record high.