Smart beta ETFs have been prolific gatherers of assets this year. As of the end of October, inflows to such ETFs topped $45 billion and more issuers, including Charles Schwab (NYSE: SCHW), are offering smart beta products. [Smart Beta ETFs See Significant Inflows]
PXF has hauled in $278.5 million this year, making it the tenth-best PowerShares ETF in terms of 2013 inflows. PXH has 2013 inflows of $18.3 million. The PowerShares FTSE RAFI US 1000 Portfolio (NYSEArca: PRF) leads the PowerShares pure smart beta ETFs with year-to-date inflows of nearly $628 million.
PRF, which is primarily allocated to U.S. large-caps, uses the same methodology used by PXH and PXF. Six Dow components, including Exxon Mobil (NYSE: XOM) and J.P. Morgan Chase (NYSE: JPM), are found among PRF’s top-10 holdings.
PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio
ETF Trends editorial team contributed to this post.