3 big reasons exchange-traded funds went 'mainstream' with investors
Publishing timestamp: 2023-11-06 09:30:01
Summary
Exchange-traded funds (ETFs) have seen significant growth in the investment world, with $7.2 trillion of U.S. investor assets in ETFs. ETFs have gained market share relative to mutual funds, driven by factors such as taxes and low costs. ETFs are traded on stock exchanges and offer advantages such as tax efficiency and lower costs compared to mutual funds. However, mutual funds still hold a larger market share and are more prevalent in 401(k) plans. ETFs have benefited from the misconception that they are synonymous with passive investing.
Sentiment: NEUTRAL
Keywords: business news, investment strategy, stock exchanges, exchange-traded funds, united states, breaking news: investing, spdr s&p 500 etf trust, mutual funds, s&p 500 index,