MutualFundWire.com: Ark and DFA Win Big

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Tuesday, April 20, 2021

Ark and DFA Win Big

Cathie Wood and David Booth both have some ETF-style celebrating (perhaps virtually) to do with their teams this week.

Catherine "Cathie" Wood
ARK Investment Management, LLC
Founder, Chief Executive Officer

Wood's Ark and Booth's Dimensional Fund Advisors (DFA) were two of the big winners tonight at ETF.com's eighth annual ETF.com Awards event (their second virtual one in a row, thanks to the ongoing COVID-19 pandemic), revealing the 2020 ETF.com Award winners. The event, emceed by Drew Voros (ETF.com's editor-in-chief) and Nic Harcourt (firestarter at !Spark Network) from the Hotel Cafe in Los Angeles, is the first ETF.com Awards show since ETFS Capital bought ETF.com earlier this year.

Ark won two of the night's biggest awards: "ETF Issuer of the Year" and "ETF of the Year" (the latter for the Ark Innovation ETF, i.e. ARKK). DFA, a longstanding quantitative mutual fund shop that is new to the ETF space, won "Best New ETF Issuer" and "Best New International/Global Equity ETF" (the latter for the Dimensional International Core Equity Market ETF, i.e. DFAI).

Mirae's Global X also won two awards ("Best Thematic ETF of the Year") and "Best New International Global Fixed Income ETF"). And Invesco was the final two-award winner ("Best New ETF of the year" and "Best New U.S. Equity ETF").

American Century, BlackRock, SoFi, Trueshares, and Vanguard were the other winning fund firms tonight, with one award each. (The winners were among the 27 fund firm finalists revealed last month.) Index providers MSCI and Nasdaq also each won an award. And Matt Hougan, chief investment officer of Bitwise Asset Management and former CEO of ETF.com) won the "Lifetime Achievement Award."

For a blast from the ETF.com Awards past, here's info on the 2019, 2018, 2017, 2016, 2015, and 2014 winners.

Andrew Lusk contributed to this article.

Printed from: MFWire.com/story.asp?s=62778

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