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Corporate event ETFs

There are 11 ETFs that select stocks based on key corporate events happening like an initial public offering, a spin-off of a subsidiary, or a stock split. Other corporate event ETFs select stocks of companies that re-purchase a significant portion of their outstanding shares.

Here are the ETFs if you want to read some examples of the approaches taken by these ETFs:

Name	Symbol	Last price	Currency
Renaissance IPO ETF	ARCX:IPO	44.54	USD
Cambria Foreign Shareholder Yield ETF	BATS:FYLD	24.86	USD
Renaissance Capital Greenwich Fund	ARCX:IPOS	12.39	USD
Cambria Emerging Shareholder Yield	BATS:EYLD	31.67	USD
First Trust International IPO ETF	XNAS:FPXI	47.72	USD
INVESCO S&P SPIN-OFF ETF	ARCX:CSD	83.31	USD
Invesco Intl BuyBack Achievers ETF	XNAS:IPKW	39.75	USD
Invesco BuyBack Achievers ETF	XNAS:PKW	116.26	USD
PRINCIPAL SHAREHLD YIELD ETF	XNAS:PY	49.78	USD
First Trust US Equity Opport ETF	ARCX:FPX	123.33	USD
TrimTabs Float Shrink	BATS:TTAC	69.35	USD

Do corporate event ETFs outperform?

You should study the above corporate event ETFs carefully. Most of the above corporate event ETFs have impressive track records, or they are tracking an index that has an impressive track record. Granted, many of these indexes have impressive track records using theoretical back-test data, which has its limitations. But nevertheless, as you study the above corporate event ETFs, you get the impression that these strategies are some of the most successful "smart beta" strategies.