Exchange traded funds (ETFs) have stayed on a successful path, with assets on a global stage surpassing a legendary mark. If you haven’t already, it might be worth considering to incorporate ETFs into your portfolio. On a worldwide stage, ETF assets have hit the $1 trillion mark, with consistent and similar growth projected on the road ahead, according to BlackRock. The latest market volatility has actually helped catapult the higher demand for ETFs, as the more risk-averse mood of investors has put a highlight on liquidity and counter-party risk, explains Joe Morris for Ignites.
Assets reached $1.032 trillion at year-end, up 45% from a year earlier, with the U.S. listed ETFs claiming 42% of the capital, or $706 billion. Twenty-eight providers are now running U.S. ETFs, which number 772. iShares currently holds a 52% market share, with $364 billion in assets under management. They are currently the most popular ETF series running, even as BlackRock took over from the former Barclays as provider. [Take a look at last years ETF numbers.]
ETFs have proven their merit to work well under many market conditions, and there is no sign of waning desire for these investment tools.
For more stories about ETF assets, visit our ETF Performance Reports category.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. 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.