# Umbrella AUM - Does this benefit small ETFs?

**URL:** <https://community.investengine.com/t/umbrella-aum-does-this-benefit-small-etfs/1061>\
**Category:** General\
**Created:** [16 July 2023 09:20 UTC](https://community.investengine.com/t/umbrella-aum-does-this-benefit-small-etfs/1061 "2023-07-16T09:20:40Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Josh](https://avatars.discourse-cdn.com/v4/letter/j/45deac/32.png) [@Josh](https://community.investengine.com/u/Josh)\
**Post date:** [16 July 2023 09:20 UTC](https://community.investengine.com/t/umbrella-aum-does-this-benefit-small-etfs/1061/1 "2023-07-16T09:20:40Z")

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New world tracker has been created by invesco. It has 10m AUM. However there is this concept of umbrella AUM which has 12.5b AUM.

Does this mean that multiple types of ETF within Invesco and implement varying strategies but make claim to the wider AUM for better accuracy/tracking error?

![image](https://europe1.discourse-cdn.com/flex017/uploads/investengine/original/1X/602bc4abc26329927c5a0607aa86254eb2f1eb05.png)