On Tuesday, July 16th, ETFs related to Smart Beta Stocks experienced notable outflows on the primary market of $-279M. This is the highest value of outflows month-to-date. The global trend around Smart Beta Stocks is still very positive since $13Bn of new shares were created on the primary market during 2019. Moreover, Smart Beta Stocks are performing very well throughout 2019, with an average cumulated performance of +18,79%. Smart Beta strategies are aiming to outperform the market through alternatives portfolio weighting schemes maximizing the exposition to rewarding factors such as growth, value, volatility, momentum or size to mention the most known. This seems to attract investors since as of today, Smart Beta ETFs are representing $525Bn of assets under management. 552 ETFs are part of this segment, and they track 431 different indices.