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There are 11 ETFs that select stocks based on key corporate events happening like an initial public offering, a spin-off of a subsidiary, or a stock split. Other corporate event ETFs select stocks of companies that re-purchase a significant portion of their outstanding shares.
Here are the ETFs if you want to read some examples of the approaches taken by these ETFs:
Symbol | Description | Inception Date | Category |
---|---|---|---|
FPX | First Trust US Equity Opportunities ETF | 04/12/2006 | US Equity |
CSD | Invesco S&P Spin-Off ETF | 12/15/2006 | US Equity |
PKW | Invesco Buyback Achievers ETF | 12/20/2006 | US Equity |
IPO | US IPOs ETF | 10/16/2013 | US Equity |
FYLD | Cambria Foreign Shareholder Yield ETF | 12/02/2013 | Global Equity |
IPKW | Invesco International BuyBack Achievers ETF | 02/24/2014 | Global Equity |
IPOS | Renaissance International IPO ETF | 10/06/2014 | Global Equity |
FPXI | First Trust International Equity Opportunities ETF | 11/04/2014 | Global Equity |
PY | Principal Shareholder Yield Index ETF | 03/21/2016 | US Equity |
EYLD | Cambria Emerging Shareholder Yield ETF | 07/13/2016 | Global Equity |
TTAC | TrimTabs All Cap US Free-Cash-Flow ETF | 09/27/2016 | US Equity |
You should study the above corporate event ETFs carefully. Most of the above corporate event ETFs have impressive track records, or they are tracking an index that has an impressive track record. Granted, many of these indexes have impressive track records using theoretical back-test data, which has its limitations. But nevertheless, as you study the above corporate event ETFs, you get the impression that these strategies are some of the most successful "smart beta" strategies.
One thing we do at ETFAnalyst.com is give each ETF a rating for long term investors. Here are the corporate event ETFs that ETFAnalyst.com has rated as an "editors choice", our highest rating:
Symbol | Description | Inception Date | Category |
---|---|---|---|
FPX | First Trust US Equity Opportunities ETF | 04/12/2006 | US Equity |
PKW | Invesco Buyback Achievers ETF | 12/20/2006 | US Equity |
FNDC | Schwab Fundamental International Small Cap Company Index ETF | 08/15/2013 | Global Equity |
FNDE | Schwab Fundamental Emerging Markets Large Company ETF | 08/15/2013 | Global Equity |
IPKW | Invesco International BuyBack Achievers ETF | 02/24/2014 | Global Equity |
All data is a live query from our database. The wording was last updated: 11/10/2018.
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