Comparison of ETF Issuers

How did the exchange traded fund (ETF) providers do in 2007?

Jim Wiandt for IndexUniverse takes a look at product issuer assets and their growth in 2007 and gives his overall opinion. The ETF industry is taking off, so here are a few points that he found from Matt Hougan’s league table.

• Van Eck pulled in $3 billion in assets. Their niche products pulled off the timing and targeted the right products, he says.
• State Street was up $60 billion, thanks to the SPY inflows which were at $100 billion at year’s end.
• Rydex did a lot of growing on a little marketing. Up $5.5 billion, they’re poised to take it up a notch.
• ProShares is winning the race on the coveted long/short and leveraged segment
• PowerShares has $8 billion in assets, but counting QQQQ it’s $30 billion in new assets. Their European push is on everyone’s radar.
• Vanguard wins on costs every time, Wiandt says, and they are the biggest story in the business.
• iShares has $80 billion in new assets across many products and BGI continues to do everything right.
• Claymore is up $1.5 billion and approaching $2 billion.
• WisdomTree is seeing true inflows, up more than $3 billion to $4.5 billion.

Read the disclosure, as Tom Lydon is a board member of Rydex Funds.