ETFs are leading the revolution in offering investors new ways to access capital markets through unique indexes and low-cost strategies. This year alone there have been over 100 new ETFs brought to market that are continuing to fuel the trend of investors eschewing mutual funds in favor of sleeker investment vehicles.
Despite this growth in new products, the top three exchange-traded funds by asset size are still anchored in some of the most well-known and established indexes in existence. These include:
SPDR S&P 500 ETF(NYSE: SPY) - $169 billion
It’s no surprise that SPY is the largest fund by assets, as it was the first ETF to be introduced back in 1993. Since that time, it has been adopted by millions of investors as ...
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