
Direxion releases an ETF that targets sustainability, Distillate Capital debuts an international value ETF, and 2020 ETF inflows hit a new record.
- Direxion releases an ETF that targets sustainability.
- The Direxion World Without Waste ETF (WWOW) focuses on companies that can be categorized by sustainability of resources, sharing platforms, resource recovery, product as a service, and life cycle extension.
- The fund picks the top 10 stocks from each of the five categories.
- WWOW comes with a 0.50% expense ratio.
- Distillate Capital debuted an international value ETF.
- The Distillate International Fundamental Stability & Value ETF (DSTX) focuses on companies with stable cash flows and healthy balance sheets.
- DSTX uses the largest 1,500 stocks outside of the U.S. as its selection universe.
- DSTX comes with a 0.55% expense ratio.
- 2020 ETF inflows hit new yearly record.
- For the week ending Thursday, December 17, U.S. listed ETFs saw $53.4 billion in inflows.
- On the year, inflows now total $509.4 billion surpassing 2017’s record of $476.1 billion.
- The top three individual ETFs in terms of inflows are the Vanguard Total Stock Market ETF VTI with $32.1 billion, the Vanguard S&P 500 ETF VOO with $21.7 billion, and the Invesco QQQ Trust QQQ with $16.6 billion.
(Source:etf.com)