Honorable Mention for Best ETFs – iShares MSCI USA Quality Factor (QUAL)
Next up, we have the honorable mention for the best ETFs of the year … and it simply has to go to the iShares MSCI USA Quality Factor (QUAL). This iShares ETF was the sixth most successful launch in 2013, with QUAL managing to pull in $247 million since the middle of July.
QUAL tracks the MSCI USA Quality Index, which consists of high-quality growth stocks that possess high return on equity, stable year-over-year earnings growth and strong balance sheets. It has 124 holdings, tilted toward technology and consumer discretionary stocks.
Although this fund doesn’t have a full-year under its belt, it was one of the just 16 new ETFs to gather $100 million or more in assets and perform better than the SPDR S&P 500 ETF (SPY). That’s impressive considering 140 launched this year, suggests QUAL could be the next billion-dollar ETF and earns it a nod in this recap of the year’s best ETFs.