The Fastest-Growing ETFs for Advisors
ETFs are booming, and RIAs want in on the action.
Advisors are diving headfirst into the rapidly growing exchange-traded fund industry, with assets expected to surpass those of mutual funds by 2030, according to JPMorgan. A recent AdvizorPro report listed the 10 ETF issuers with the largest change in the number of RIAs using their products, based on data from the 13F filings of 5,136 SEC-registered firms. On the whole, thematic, high-fee, and tactical ETFs outperformed, with ETF turnover remaining high despite a slowdown in fund launches. It’s an area of the fund industry that advisors will want to keep a close eye on.
Leading the Pack
One reason for the shift toward niche strategies is younger advisor teams, said Hesom…
