At provider Charles Schwab, where assets account for about 10% of the U.S. ETF market, 10% of traders are retail focused, making an average of 36 trades per year; 40% are retail investors and 50% are RIA clients, reports Weinberg.
Various companies are making their own “ETF investor” analysis, such as ITG and Greenwich Associates. The areas of investing that were left out of the results are the leveraged investors and those that participate in commodity pools. [Vanguard Founder Bogle Tempers Criticism of ETFs]
At the end of a day, the term “ETF investor” ends up being a simple label that carries little weight. Investors who use ETFs are just that and are simply behaving the way they would no matter what vehicle they choose.
Tisha Guerrero contributed to this article.