FYI: Sector investors are no strangers to active management. Indeed, the very act of slicing and dicing the market usually presupposes at least some specialized expertise. After all, you can't just take a chain saw to a broad-market index and expect to end up with an investable product.
Yet by our count, there are only 10 sector equity ETFs that classify as truly "active" (see Figure 1).
Regards,
Ted
http://www.etf.com/publications/etfr/quirky-working-these-active-etfs?nopaging=1
