Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:The ETF Biz Has a Long Tail Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, September 05, 2012

The ETF Biz Has a Long Tail

News summary by MFWire's editors

The 929 ETFs with less than $100 million in assets each hold only 1.7 percent of all ETF assets. The Wall Street Journal's Ari Weinberg writes about that long tail of the ETF industry, which accounts for 62 percent of the total number of ETFs in the marketplace.

The WSJ notes that tiny ETFs can hurt investors thanks to large bid-ask spreads, lower liquidity, and the potential for the ETF shop providing such an ETF to shut it down or leave the biz altogether.

On the flip side, the WSJ reports that, according to data from XTF, the 22 ETFs with more than $10 billion each make up almost half of all U.S.-based ETF assets. The biggest ETF, the $104-billion SPDR S&P 500, accounts for 8.5 percent of ETF assets and one-third of the dollar-weighted average daily trading volume. And the big three providers BlackRock's iShares, State Street Global Advisors and Vanguard manage 80 percent of the market. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use