STOXX will screen stocks based on a comprehensive set of sustainability ratings and include components that show the highest dividends while exhibiting the lowest volatility.
Consequently, stocks are ranked in ascending order based on volatility and descending order based on gross dividend yield.
The universe of enhanced, smart-beta indices has grown to 377 U.S.-listed ETFs, with $161.9 billion in assets under management. There are currently 1,533 U.S.-listed ETFs on the market with $1.6 trillion in assets. [‘Smart-Beta’ ETFs Provide Active Strategies in a Passive Wrapper]
For more information on indices in ETFs, visit our indexing category.
Max Chen contributed this article.