Artificial Intelligence Ranks Schwab US Large-Cap ETF Best Smart Beta ETF

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Stocks as a whole have had an up and down May. One day inflation fears rock the market; another day, it’s cryptocurrencies. Other times, we may be euphoric due to new reopening economic data. In a nutshell, we cannot seem to figure ourselves out right now and are trading in very mixed ways. An excellent way to give yourself some safety while adding some upside exposure is through large-cap domestic ETFs. Growth stocks have some risks right now, as do small-caps. However, while there are unanswered questions and a murky outlook, there is still a lot to like about this market- especially with a dovish financial policy. Q.ai’s deep learning algorithms have identified several top US Large Cap Smart Beta ETFs based on fund flows over the last 90-days, 30-days, and 7-days. We have recognized 5 ETFs rated as “Best” and another 5 rated as “Caution.”

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Best

Schwab US Large-Cap ETF (SCHX)

The Schwab US Large-Cap ETF SCHX  is our first Top US Large Cap Smart Beta ETF rated as “Best” this week. The ETF’s goal is to track as closely as possible the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index. The ETF is small to medium sized with $28,945,971,026.63 AUM. It has also seen consistently positive fund flows, with a 90-day fund flow of $781,532,073.90, 30-day fund flow of $165,386,871.30, and 1-week fund flow of $44,734,770.45. It also has a very attractive net expense ratio of 0.03%. 

Simple moving average of Schwab US Large-Cap ETF (SCHX) Forbes AI Investor

Invesco S&P 500 Equal Weight ETF (RSP)

The Invesco S&P 500 Equal Weight ETF RSP  is our next Best-rated ETF for this week. The ETF is based on the S&P 500 Equal Weight Index, and equally weights the stocks in the S&P 500 Index. Both the fund and the index are rebalanced quarterly. The ETF is small to medium sized with $25,723,229,941.61 AUM. It has also seen consistently positive fund flows, with a 90-day fund flow of $5,104,436,525.90, 30-day fund flow of $1,671,797,652.10, and 1-week fund flow of $192,032,004.40. Its net expense ratio of 0.2% is decent, but more expensive than many other ETFs on this week’s list. 

Simple moving average of Invesco S&P 500 Equal Weight ETF (RSP) Forbes AI Investor

Vanguard Large-Cap ETF (VV)

The Vanguard Large-Cap ETF VV   is our third Best-rated ETF this week. The ETF aims to track the performance of the CRSP US Large Cap Index, and provides investors a convenient way to gain diversified exposure to large-cap U.S. companies. The ETF is small to medium sized with $23,373,167,816.32 AUM. It has also seen mixed fund flows, with a 90-day fund flow of -$21,900,180.61, 30-day fund flow of $166,010,126.52, and 1-week fund flow of $38,740,812.92. Its net expense ratio of 0.04% is also quite cheap. 

Simple moving average of Vanguard Large-Cap ETF (VV) Forbes AI Investor

iShares Dow Jones US ETF (IYY)

The next ETF on our list of Best-rated is the iShares Dow Jones US ETF IYY . The ETF aims to track the performance of the Dow Jones, and to provide investors easy exposure to a broad range of large and mid-sized U.S. companies. The ETF is one of the smallest on this week’s list with $1,592,105,776.10 AUM. It has also seen mixed fund flows, with a 90-day fund flow of -$4,284,130.00, 30-day fund flow of $5,170,560.00, and 1-week fund flow of $5,170,560.00. Its net expense ratio of 0.2% is pricier than other ETFs on this week’s list.

Simple moving average of iShares Dow Jones US ETF (IYY) Forbes AI Investor

First Trust Large Cap Core AlphaDEX Fund (FEX)

The First Trust Large Cap Core AlphaDEX Fund FEX is our final Best-rated ETF this week. The objective of the ETF is to correspond generally to the performance of the NASDAQ AlphaDEX Large Cap Core Index.  The ETF is the smallest on this week’s list with just $1,139,466,165.14 AUM. It has also seen primarily positive fund flows, with a 90-day fund flow of $16,964,000.00, 30-day fund flow of $8,413,000.00, and 1-week fund flow of $0.00. Its net expense ratio of 0.61% is by far the priciest on this week’s list.  

Simple moving average of First Trust Large Cap Core AlphaDEX Fund (FEX) Forbes AI Investor

Caution

iShares S&P 500 ETF (IVV)

The iShares S&P 500 ETF IVV  is our first Caution-rated Top US Large Cap Smart Beta ETF this week. This ETF is one that aims to track and mirror the S&P 500’s performance as closely as possible. With $273,877,156,749.00 AUM, it is one of the largest ETFs on this week’s list. Its fund flows have been primarily positive but not exclusively so, with a 90-day fund flow of $7,001,490,290.00, 30-day fund flow of $1,015,886,465.00, and 1-week fund flow of -$39,817,960.00. With a net expense ratio of 0.03%, it is also very cheap.

Simple moving average of iShares S&P 500 ETF (IVV) Forbes AI Investor

iShares Russell 1000 ETF (IWB)

The iShares Russell 1000 ETF IWB  is our next Large Cap Smart Beta ETF with a Caution score to focus on for this week. This ETF aims to give investors exposure to 1000 large and mid-cap domestic stocks. It is also small to medium sized in terms of AUM with $28,319,832,730.80 AUM. Its fund flows have been primarily positive, with a 90-day fund flow of $422,544,405.00, 30-day fund flow of $56,254,780.00, and 1-week fund flow of $0.00. With a net expense ratio of 0.15%, it is decent to own. 

Simple moving average of iShares Russell 1000 ETF (IWB) Forbes AI Investor

SPDR S&P 500 ETF Trust (SPY)

The next Caution-rated ETF for this week is the SPDR S&P 500 ETF Trust SPY . This ETF is widely considered the benchmark ETF for tracking the S&P 500 as closely as possible. It is also the largest ETFs in the world in terms of AUM with $357,840,044,986.53 AUM. Its fund flows have been consistently negative, with a 90-day fund flow of -$5,598,267,464.60, 30-day fund flow of -$6,007,700,859.85 , and 1-week fund flow of -$5,276,141,478.20. With a net expense ratio of 0.094%, it is also very cheap.

Simple moving average of SPDR S&P 500 ETF Trust (SPY) Forbes AI Investor

Vanguard S&P 500 ETF (VOO)

The next Caution-rated ETF is another S&P 500-tracking ETF- the Vanguard S&P 500 ETF VOO . The goal of this ETF is to mirror the performance of the S&P 500 as closely as possible, and is relatively self explanatory. With $215,377,023,543.30, it is one of the larger ETFs on this week’s list. Its fund flows have been consistently positive with a 90-day fund flow of $11,666,068,941.46, 30-day fund flow of $3,145,311,506.65, and 1-week fund flow of $743,495,601.33. With a net expense ratio of 0.03%, it is also very cheap.

Simple moving average of Vanguard S&P 500 ETF (VOO) Forbes AI Investor

Invesco FTSE RAFI US 1000 ETF (PRF)

The Invesco FTSE RAFI US 1000 ETF PRF  is our final Caution-rated ETF this week. This is a unique large-cap ETF, and is designed to track the performance of the largest US equities based on the following four fundamental measures: book value, cash flow, sales and dividends. The 1,000 equities with the highest fundamental strength are then weighted by their fundamental scores. With $5,116,775,070.00, it is one of the smaller-sized ETFs on this week’s list. Its fund flows have been mixed with a 90-day fund flow of $86,983,658.50, 30-day fund flow of -$74,552,823.90, and 1-week fund flow of $16,118,107.60. With a net expense ratio of 0.39%, it is not very cheap to own.

Simple moving average of Invesco FTSE RAFI US 1000 ETF (PRF) Forbes AI Investor

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