ETF investors who are interested in the buyback theme as a way to bolster shareholder returns have a few options available. For instance, the PowerShares Buyback Achievers Portfolio (NYSEArca: PKW) includes U.S. companies that have effected a net reduction in shares outstanding by 5% or more over the trailing 12 month period. PKW has declined 8.0% year-to-date.
Additionally, the TrimTabs Float Shrink ETF (NYSEArca: TTFS) and the Cambria Shareholder Yield ETF (NYSEArca: SYLD) both include companies that return capital to shareholders through stock repurchases. Year-to-date, TTFS dipped 5.0% and SYLD dropped 5.2%.
These buyback-related ETFs could continue to perform as corporations set more money aside to repurchase shares.
For more information on stock buybacks, visit our buyback ETFs category.
Max Chen contributed to this article.