ETFs now make up about 30% of all U.S. trading by value and 23% by share volume. According to Credit Suisse, overall ETF trading volume was up almost 17% last year after rising 50% in 2015. In contrast, the U.S. stock trading volume is only up 7% from 2014.
Among the top 10 most actively traded securities on U.S. stock markets last year, seven were ETFs. Only three ETfs were in the top 10 most actively traded securities list in 2013.
The SPDR S&P 500 ETF (NYSEArca: SPY) was the second most actively traded security in 2016, just falling short of Bank of America (NYSE: BAC). However, by value traded, SPY remains the top player, beating out Apple (NasdaqGS: AAPL), the world’s most valuable company.
For more information on the ETF industry, visit our ETF performance reports category.