ETF Trends
ETF Trends

Exchange traded funds (ETFs) can be about numbers, so Dan Culloton for Morningstar finds.  I spent a little time with Dan at Morningstar Central in Chicago recently and quickly learned his appreciation for numbers and statistics. Using numbers, he analyzed the ETF world and developed a "statistical potpourri". The numbers he found include:

  • 30% – The percent of domestically listed ETFs launched in the past 6 months.
  • 163 vs. 134 – Number of ETFs launched in the past 6 months vs. number of ETFs launched from 1993 – 2003.
  • 19 of 25 – More than 3/4 of bond ETFs launched this year.
  • 23 of 93 – 93 international ETFs on the market and 23 are diversified across regions, countries and sectors.
  • 0.67% – Average expense ratio of ETFs launched this year, most of them leveraged.
  • 0.45% – Average expense ratio of ETFs launched before December 2006.
  • $84 million – Management fees paid by Barclays’ two largest ETFs in 2006.
  • $284 billion vs. $196 billion – Barclays share of ETF market vs. all other providers.
  • 4 – Number of holdings in the smallest ETF (B2B Internet HOLDRs BHH).
  • 60187 and 60532 – Zip codes near Chicago, which are home to PowerShares, First Trust and Claymore – the 3 most aggressive ETF players.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.