With the number of Active ETFs in the US expanding rapidly and the total market capitalization exceeding $270 million, it was time to provide our readers with a database of all the existing actively-managed ETFs.
Find below a comprehensive list of actively-managed ETFs currently trading in the United States and Canada. Click on the names to read a complete breakdown and analysis of each particular ETF. You can sort the table any way you like. Feel free to use this data as a resource or share with others. All US and Canadian figures are as of August 31, 2010, and I will look to update this monthly. Take note that I’ve excluded ETFs that may follow “smart” or “strategy” indices as they are not actively-managed.
* Expenses that are starred are currently capped at that rate by contractual agreement and may increase in the future.
US Actively-Managed ETFs
| Actively-Managed ETFs | Ticker | Inception | Market Cap ($MM) | Expense Ratio | |
|---|---|---|---|---|---|
| Total Cap: | $2,219.66 | ||||
| 1 | AdvisorShares Dent Tactical | DENT | 16-Sep-09 | 23.64 | 1.56% |
| 2 | WCM/BNY Mellon Focused Growth ADRl | AADR | 21-Jul-10 | 2.53 | 1.25%* |
| 3 | Mars Hill Global Relative Value | GRV | 09-Jul-10 | 43.15 | 1.49%* |
| 4 | Grail American Beacon Large Cap Value | GVT | 04-May-09 | 1.49 | 0.79%* |
| 5 | Grail McDonnell Core Taxable Bond | GMTB | 29-Jan-10 | 2.61 | 0.35%* |
| 6 | Grail McDonnell Intermediate Municipal Bond | GMMB | 29-Jan-10 | 2.62 | 0.35%* |
| 7 | Grail RP Financials | RFF | 02-Oct-09 | - (Closed) | 0.89%* |
| 8 | Grail RP Focused Large Cap Growth | RWG | 02-Oct-09 | 6.45 | 0.89%* |
| 9 | Grail RP Growth | RPX | 02-Oct-09 | 3.90 | 0.89%* |
| 10 | Grail RP Technology | RPQ | 02-Oct-09 | - (Closed) | 0.89%* |
| 11 | iShares Diversified Alternative Trust | ALT | 16-Nov-09 | 84.47 | 0.95% |
| 12 | PIMCO Enhanced Short Maturity | MINT | 16-Nov-09 | 517.80 | 0.35%* |
| 13 | PIMCO Intermediate Municipal Bond | MUNI | 30-Nov-09 | 45.12 | 0.35%* |
| 14 | PIMCO Short Term Municipal Bond Fund | SMMU | 29-Jan-10 | 18.23 | 0.35%* |
| 15 | PowerShares Active Alpha Multi-Cap | PQZ | 11-Apr-08 | 2.34 | 0.75% |
| 16 | PowerShares Active Alpha Q | PQY | 11-Apr-08 | 20.72 | 0.75% |
| 17 | PowerShares Active Low Duration | PLK | 11-Apr-08 | 8.94 | 0.30% |
| 18 | PowerShares Active Mega-Cap | PMA | 11-Apr-08 | 3.17 | 0.75% |
| 19 | PowerShares Active U.S. Real Estate | PSR | 20-Nov-08 | 10.42 | 0.80% |
| 20 | One Fund | ONEF | 11-May-10 | 4.70 | 0.51% |
| 21 | WisdomTree Dreyfus Chinese Yuan Fund | CYB | 14-May-08 | 585.52 | 0.45% |
| 22 | WisdomTree Dreyfus Brazilian Real Fund | BZF | 14-May-08 | 221.52 | 0.45% |
| 23 | WisdomTree Dreyfus Emerging Currency Fund | CEW | 06-May-09 | 336.34 | 0.55% |
| 24 | WisdomTree Dreyfus Euro Fund | EU | 14-May-08 | 12.18 | 0.35% |
| 25 | WisdomTree Dreyfus Japanese Yen Fund | JYF | 21-May-08 | 12.40 | 0.35% |
| 26 | WisdomTree Dreyfus New Zealand Dollar Fund | BNZ | 25-Jun-08 | 17.73 | 0.45% |
| 27 | WisdomTree Dreyfus Indian Rupee Fund | ICN | 14-May-08 | 22.67 | 0.45% |
| 28 | WisdomTree Dreyfus South African Rand Fund | SZR | 25-Jun-08 | 11.71 | 0.45% |
| 29 | WisdomTree Emerging Markets Local Debt Fund | ELD | 09-Aug-10 | 196.68 | 0.55% |
Canadian Actively-Managed ETFs
| Actively-Managed ETFs | Ticker | Inception | Market Cap ($MM) | Expense Ratio | |
|---|---|---|---|---|---|
| Total Cap: | $340.79 | ||||
| 1 | Horizons AlphaPro Seasonal Rotation | HAC | 19-Nov-09 | 21.40 | 0.75% + Perf Fee |
| 2 | Horizons AlphaPro Gartman | HAG | 03-Mar-09 | 29.27 | 0.75% + Perf Fee |
| 3 | Horizons AlphaPro Dividend | HAL | 02-Feb-10 | 10.44 | 0.70% |
| 4 | Horizons AlphaPro North American Value | HAV | 02-Feb-10 | 9.83 | 0.70% + Perf Fee |
| 5 | Horizons AlphaPro North American Growth | HAW | 02-Feb-10 | 9.26 | 0.70% + Perf Fee |
| 6 | Horizons AlphaPro Managed S&P/TSX 60 | HAX | 07-Jan-09 | 6.85 | 0.75% + Perf Fee |
| 7 | Horizons AlphaPro Balanced | HAA | 28-Jul-10 | 10.28 | 0.70% |
| 8 | Horizons AlphaPro Global Dividend | HAZ | 21-Jul-10 | 10.33 | 0.80% + Perf Fee |
| 9 | Horizons AlphaPro Corporate Bond | HAB | 15-Jul-10 | 233.12 | 0.50% |
Disclosure: No positions in above-mentioned names.
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You left out eight WisdomTree-Dreyfus currency ETFs that are, technically, actively managed.
I don’t count the WisdomTree Currency ETFs in my tally of actively managed funds, as most investors think of the funds as providing exposure to currency exchange rates. They are not “active funds” in the minds of investors, even if the underlying strategy is technically actively managed. And that is most evident when you look at how these products are marketed by WisdomTree itself. The emphasis in the marketing message is not the fact that these are actively-managed, investors would have to dig to the prospectus to find out that they are.
[...] ETFs were already managing more than $273 million in assets as of March 1, 2010 spread across 17 products in the US, with the fixed-income Active ETFs recording the fastest growth. Specifically, the 5 ETFs [...]
[...] issuers as well as little investor assets and interest. While the assets within Active ETFs have ballooned to approximately $273 million as of March 1, 2010, the real change has been the amount of interest [...]
[...] and in Canada in 2009. Today, there are 5 providers of Active ETFs in the US and 1 in Canada. Head here for a complete listing of current actively-managed ETFs. Most of these products are managed by [...]
[...] there are 5 providers of Active ETFs in the US and 1 in Canada. Head here for a complete listing of current actively-managed ETFs. Most of [...]
[...] the Active ETF space in the United States has grown quite rapidly in recent months, with total assets in excess of $270 million as of March 1, 2010, the Canadian Active ETF space is still in relative [...]
[...] well as little in the way of investor assets and interest. While the assets within Active ETFs have ballooned to approximately $273 million as of March 1, 2010, the real change has been the amount of interest [...]
[...] Active ETFs were already managing more than $273 million assets as of March 1, 2010 spread across 17 products in the US, with the fixed-income Active ETFs recording the fastest growth. Specifically, the 5 ETFs [...]
[...] of 0.65% which includes a management fee of 0.30%. A 0.65% expense ratio is about average when looking at Actively-Managed ETFs in general and in-fact cheaper than most when looking specifically at Active [...]
[...] and in Canada in 2009. Today, there are 5 providers of Active ETFs in the US and 1 in Canada. Head here for a complete listing of current actively-managed ETFs. Most of these products are managed by [...]
[...] Active ETFs arrived on the financial scene in 2008 once the SEC approved the launch of these products. Today, there are 17 Active ETFs in the United States and also a bunch in Canada. You can visit EtfsHub to find a full database of these Active ETFs and their details. [...]
[...] Active ETFs arrived on the financial scene in 2008 once the SEC approved the launch of these products. Today, there are 17 Active ETFs in the United States and also a bunch in Canada. You can visit EtfsHub to find a full database of these Active ETFs and their details. [...]
[...] On the other hand, managers of truly actively-managed ETFs aim to outperform the index they are benchmarked against, if any. They are not meant to track any underlying index and do not seek to represent or replicate the performance of a sector or index. These managers engage in making active security selection decisions that are not made by other managers, including those of enhanced ETFs. Find a complete list of actively-managed ETFs trading on the US and Canadian market here. [...]
[...] to our Active ETFs Database for a more dynamic list of all Active ETFs, with up-to-date [...]
[...] On the other hand, managers of truly actively-managed ETFs aim to outperform the index they are benchmarked against, if any. They are not meant to track any underlying index and do not seek to represent or replicate the performance of a sector or index. These managers engage in makingactive security selection decisions that are not made by other managers, including those of enhanced ETFs. Find a complete list of actively-managed ETFs trading on the US and Canadian market here. [...]
[...] as little in the way of investor assets and interest. While the assets within Active ETFs have ballooned to approximately $273 million as of March 1, 2010, the real change has been the amount of interest [...]
[...] on the market with 3 different sub-advisors managing those funds, details of which can be found here. The Enhanced Liquidity ETF will be with a new manager, Western Asset Management, an affiliate of [...]
[...] note that we’ve started including WisdomTree’s Dreyfus currency income ETFs in our Active ETF Database, which has increased the number of US ETFs under coverage to 26, with a total asset base of $2.11 [...]
[...] note that we’ve started including WisdomTree’s Dreyfus currency income ETFs in our Active ETF Database, which has increased the number of US ETFs under coverage to 26, with a total asset base of $2.11 [...]
[...] For a complete list of WisdomTree’s actively-managed currency ETFs, head to the Active ETFs Database. [...]
[...] The ETF structure brings with it some important differences that investors have to be cognizant of, especially if you are used to investing through mutual funds. These differences can prove to be advantageous for investors compared to other investors who have their money in active mutual funds. There are several primary distinguishing factors between actively-managed ETFs and active mutual funds. You can find a complete list of actively-managed ETFs here. [...]
[...] That brought the total assets within actively-managed ETFs in Canada to $340 million. Head to our Active ETFs Database for a more dynamic listing of all Active ETFs. New Entrants, Filings and Closures: 1. Huntington [...]