Smart beta ETFs make up almost a quarter of the ETF market, notes John Hoffman. He discusses the evolution of smart beta ETFs. He mentions that smart beta ETFs are growing at a 3-year annualized growth rate of 25.5% which is faster than the U.S. ETF industry. He takes a look back at 20 years of the Invesco S&P 500 Equal Weight ETF (RSP). He talks about how RSP has outperformed 99% of active manages in the Morningstar "large bend" category since inception. He also goes over reasons why RSP outperformed the overall market since inception. Tune in to find out more about the stock market today.
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