ETFs have been growing at a rapid pace in recent years but they still represent less than 10% of the overall U.S. mutual fund industry. Yet at least some financial advisors think ETFs have a shot at surpassing the mutual fund business, according to a poll Tuesday.

About 43% of respondents to an poll said ETF assets will exceed mutual funds within the next decade.

At the end of 2011, U.S. mutual funds held $11.6 trillion in assets, according to the Investment Company Institute. ETF assets stood at about $1 trillion at the end of last year, although that figure has risen in 2012.

The U.S. marketplace is currently comprised of 1,443 exchange traded products from 51 sponsors with $1.27 trillion in total assets, according to XTF. [A Look at the Five Largest ETFs]

The results below are from the Ignites poll “Will ETF Assets Surpass Mutual Fund Assets?”

The opinions and forecasts expressed herein are solely those of John Spence, 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.