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IShares MSCI KLD 400 Social Rated Best Among Top US Broad Market Smart Beta ETFs

The S&P 500 rose slightly this morning to a record high, yet again, after the big three closed at records on Friday last week. The gain for the S&P 500 now sits at more than 16% for the year, after a strong showing in 2020 despite a global pandemic. This week should bring some fireworks, however, with the start of the Q2 earnings season. Some major financials like JPMorgan Chase and Goldman Sachs will report Tuesday, kicking off an expected 64% surge in expectations on earnings this time last year. That number is the highest since 2009, and all 11 sectors are set to post growth as the economy reopens. There are some concerns to come, with inflation rising at troubling levels and valuations looking expensive, but so far so good for markets in 2021.

That being said, Q.ai’s deep learning algorithms have identified several of the top US Broad Market Smart Beta ETFs based on fund flows over the last 90-days, 30-days, and 7-days. We’ve rated one ETF as Best, one as Good, two as Caution, one as Poor, and one as worst.  

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Best

iShares MSCI KLD 400 Social ETF (DSI)

The first and only ETF that scored Best for the week according to our AI systems is the iShares MSCI KLD 400 Social ETF. This ETF seeks to track the investment results of an index composed of U.S. companies that have positive environmental, social and governance characteristics as identified by the index provider. Based on AUM, it is on the smaller side this week with $3,046,130,035.20 AUM. It has seen positive fund flows lately of $124,293,910.00 over the last 90-days, $36,988,690.00 over the last 30-days, and $8,357,500.00 over the last week. Its net expense ratio of 0.25% is relatively pricey.

Good

Schwab US Broad Market ETF (SCHB)

The Schwab US Broad Market ETF is our first and only Good-rated ETF this week. This ETF’s goal is to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Broad Stock Market Index. The fund is medium-sized this week with $20,320,606,875.64 AUM. The ETF has seen positive fund flows, with a 90-day fund flow of $429,927,705.00, a 30-day fund flow of $124,126,317.20, and a 1-week fund flow of $10,512,681.10. Its net expense ratio of 0.03% is tied for cheapest this week.

MORE FROM FORBESSchwab US Broad Market ETF (SCHB)

Caution

Vanguard Total Stock Market ETF (VTI)

The Vanguard Total Stock Market ETF comes in as our first of two Caution-scored ETF for the week. This ETF seeks to track the performance of the CRSP US Total Market Index. With $234,272,783,020.77 AUM, it is the largest in size this week. It has seen positive fund flows, with a 90-day fund flow of $11,410,542,589.42, a 30-day fund flow of $3,909,434,879.23, and a 1-week fund flow of $1,217,183,592.68. Its net expense ratio of 0.03% is excellent. 

MORE FROM FORBESVanguard Total Stock Market ETF (VTI)

iShares Core S&P Total U.S. Stock Market ETF (ITOT)

The iShares Core S&P Total U.S. Stock Market ETF is our second Caution-rated ETF this week. The fund’s strategy is to track the investment results of a broad-based index composed of U.S. equities. The ETF is medium-sized this week with $37,652,824,137.00 AUM. It has seen mixed fund flows, with a 90-day fund flow of $938,238,575.00, a 30-day fund flow of $48,855,910.00, and a 1-week fund flow of -$9,811,730.00. Its net expense ratio of 0.03% is the tied alongside others for cheapest this week.

MORE FROM FORBESiShares Core S&P Total U.S. Stock Market ETF (ITOT)

Poor

Invesco BuyBack Achievers ETF (PKW)

The Invesco BuyBack Achievers ETF comes in as our only Poor-scored ETF for the week. This ETF is based on the NASDAQ US BuyBack Achievers Index. The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. With $1,778,491,662.20 AUM, it is smaller in size this week. It has seen positive fund flows, with a 90-day fund flow of $316,424,765.80, 30-day fund flow of $105,646,960.60, and 1-week fund flow of $37,918,187.10. It also has a fairly elevated net expense ratio of 0.63%. 

MORE FROM FORBESInvesco BuyBack Achievers ETF (PKW)

Worst

iShares Russell 3000 ETF (IWV)

The iShares Russell 3000 ETF comes in as our only Worst-rated ETF for the week. This ETF’s objective is to track the investment results of a broad-based index composed of U.S. equities. With $11,368,406,187.60 AUM, it is smaller in size this week. It has seen mixed fund flows, with a 90-day fund flow of $22,036,710.00 and a 30-day fund flow of -$90,341,655.00. It also has a higher net expense ratio of 0.20%. 

MORE FROM FORBESiShares Russell 3000 ETF (IWV)

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