April 07, 2008 at 2:00 pm by Tom Lydon
Last month, Jim Wiandt at Index Universe put together a table for exchange traded fund (ETF) data nerds. It was such a hit, he’s got more for you.
He put all 664 ETFs on a spreadsheet, multiplied the assets for each ETF by its expense ratio, then divided that number by the total assets under management for all ETFs, getting the average dollar-weighted expense ratio for the entire U.S.-listed ETF universe: 0.354995%.
From there, he calculated that the total revenues in the ETF business are $1.994 billion (calculated using 603 funds, after he eliminated the HOLDRs and funds that didn’t have their expense ratios).
Broken down by revenue per fund, the top five are:
Subscribe to our RSS Feed
