Five ETFs With Over $100M in AUM Flying Under The Radar

Ah yes, the illustrious $100 million in assets under management mark. It can be a sign of success even for low volume ETFs. After all, low volume and low assets are the two most common traits of ETFs that disappear. That means reaching $100 million in AUM indirectly announces an ETF's survival and its status as a legitimate investment option. Of the nearly 1,300 exchange-traded products in the U.S. more than a third (534 to be precise) have over $100 million in AUM. With the $100 AUM club populated by so many members, it's reasonable to expect a few would fly under the radar. Here are five to help you get started in your search for ETFs with enough assets to keep them trading for a while. PowerShares Fundamental High Yield Corporate Bond Portfolio PHB: PHB is just a few weeks shy of its fourth birthday and with almost $531 million in AUM, it's not accurate to say this ETF is entirely unknown. Average daily volume of almost 495,000 shares proves that. Still, PHB goes somewhat ignored in the bond ETF discussion. Too bad. The 12-month yield on this fund is 6.5%. Expense ratio: 0.5%. PowerShares S&P 500 Low Volatility Portfolio SPLV: The PowerShares S&P 500 Low Volatility Portfolio made its debut in May and the low volatility concept was well-timed. It has also been embraced by investors, a fact highlighted by SPLV's $292.2 million in AUM. SPLV's constituents included the 100 lowest volatility S&P 500 members of the past 12 months. The expense ratio of 0.25% is very attractive. Global X Uranium ETF URA: It could have easily been argued that the Global X Uranium ETF was going to be in big trouble following the nuclear fallout in Japan earlier this year. That thesis has proven wrong. URA is still home to over $169 million in AUM and the good news (sort of) is that the ETFs recent woes have been due to the broader market, not nuclear-specific issues. Trading below $9, URA is starting to look like a value play. Expense ratio: 0.69% Guggenheim Insider Sentiment ETF NFO: The Guggenheim Insider Sentiment ETF is the epitome of a nice ETF as it attempts to track insider buying at 100 companies. That may seem like an obscure concept to include in a passively managed ETF, but investors apparently like as NFO has over $144 million in AUM and solid daily turnover of more than 103,000 shares. Expense ratio: 0.6%. First Trust Value Line Dividend Index Fund FVD: FVD is almost eight years-old and considering its age and that it's a dividend fund, it doesn't grab a lot of headlines. The 168-stock ETF has $282.4 million in AUM and 139,000 in average daily volume. The sector breakdown is typical for a dividend ETF with utilities, industrial and consumer staples leading the way. Expense ratio 0.7%.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!