This Week's New ETF Launches: The Smart-Beta Train Keeps Rolling

As with many of the other recent ETF launches, this week saw more smart-beta funds hitting the tape. Investors have been clamoring for all sorts of new ways to outperform “average” in recent years, and ETF issuers have been more than happy to give it to them. This week saw launches from emerging ETF giant First Trust, two new funds from benefits and retirement specialist Principal, and small issuer Victory.