Lew also stands out as a ETF investor because of the current investment demographics. According to Cogent Research, only 10% of the baby boomer generation own at least one ETF, whereas 20% of generation X – those born in the early 1960s to early 1980s – and 40% of generation Y – those born between latter 1970s to early 200s – utilize ETFs. [Why Generation Y Likes ETFs]
For more information on ETFs, visit our ETF 101 category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own SPY, IWM and QQQ.