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Toronto-based RBC iShares has expanded its smart beta lineup with the launch of five U.S. single factor ETFs.

The new funds, which began trading on the Toronto Stock Exchange on Tuesday, are managed by BlackRock Asset Management Canada Limited. They offer a “distinct style of investing,” RBC iShares said in a release, by focusing on quality, momentum, value and size.

Three funds, the iShares Edge MSCI USA Quality Factor Index ETF, iShares Edge MSCI USA Momentum Factor Index ETF and iShares Edge MSCI USA Value Factor Index ETF, are designed to track companies listed on the MSCI USA index that exhibit higher quality, risk-adjusted price momentum and value characteristics, respectively. Each has a management fee of 0.30%.

The iShares S&P U.S. Small-Cap Index ETF and iShares S&P U.S. Small-Cap Index ETF (CAD-hedged) are designed to provide investors with access to the small-cap segment of the U.S. equity market. Both have a management fee of 0.2%.