ETF Trends
04-07-2008, 04:30 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/07/geek2.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/07/geek2.jpg)Last month, Jim Wiandt at Index Universe put together a table for exchange traded fund (ETF) data nerds (http://www.etftrends.com/2008/03/data-geek-parad.html). It was such a hit, he's got more for you.
He put all 664 ETFs on a spreadsheet (http://www.indexuniverse.com/blog/31/3934-etf-data-geeks-dream-table-ii.html?Itemid=3), multiplied the assets for each ETF by its expense ratio, then divided that number by the total assets under management for all ETFs, getting the average dollar-weighted expense ratio for the entire U.S.-listed ETF universe: 0.354995%.
From there, he calculated that the total revenues in the ETF business are $1.994 billion (calculated using 603 funds, after he eliminated the HOLDRs and funds that didn't have their expense ratios).
Broken down by revenue per fund, the top five are:
iShares MSCI Emerging Markets (EEM (http://finance.yahoo.com/q?s=eem)), $192.6 million
iShares MSCI EAFE (EFA (http://finance.yahoo.com/q?s=efa)), $164 million
streetTRACKS Gold Shares (GLD (http://finance.yahoo.com/q?s=gld)), $79.9 million
SPDRs (SPY (http://finance.yahoo.com/q?s=spy)), $66.5 million
iShares MSCI Brazil (EWZ (http://finance.yahoo.com/q?s=ewz)), $55.7 million
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/265895710/more-etf-data-f.html)
http://www.etftrends.com/images/2008/04/07/geek2.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/07/geek2.jpg)Last month, Jim Wiandt at Index Universe put together a table for exchange traded fund (ETF) data nerds (http://www.etftrends.com/2008/03/data-geek-parad.html). It was such a hit, he's got more for you.
He put all 664 ETFs on a spreadsheet (http://www.indexuniverse.com/blog/31/3934-etf-data-geeks-dream-table-ii.html?Itemid=3), multiplied the assets for each ETF by its expense ratio, then divided that number by the total assets under management for all ETFs, getting the average dollar-weighted expense ratio for the entire U.S.-listed ETF universe: 0.354995%.
From there, he calculated that the total revenues in the ETF business are $1.994 billion (calculated using 603 funds, after he eliminated the HOLDRs and funds that didn't have their expense ratios).
Broken down by revenue per fund, the top five are:
iShares MSCI Emerging Markets (EEM (http://finance.yahoo.com/q?s=eem)), $192.6 million
iShares MSCI EAFE (EFA (http://finance.yahoo.com/q?s=efa)), $164 million
streetTRACKS Gold Shares (GLD (http://finance.yahoo.com/q?s=gld)), $79.9 million
SPDRs (SPY (http://finance.yahoo.com/q?s=spy)), $66.5 million
iShares MSCI Brazil (EWZ (http://finance.yahoo.com/q?s=ewz)), $55.7 million
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/265895710/more-etf-data-f.html)