ETFs Evolve - For Better or Worse?
Overview
Exchange-traded funds have grown in number from 80 in 2000 to nearly 700 today with holdings of about $600 billion. But as new funds have entered the market, so has the number of increasingly specialized ETFs that carry higher risk. This article from the University of Pennsylvania's Wharton School of Business examines the issues related to indexed ETFs versus managed ETFs.