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  • Sven September 2019
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Roughly 25% Of ETFs Closed During Past Five Years

FYI: Cumulative assets in the U.S. exchange-traded fund industry zoomed 90% during a nearly five-year period through last month and now hover around the $4 trillion mark, but this amazing growth story has a downside in that 24% of ETFs closed during that period and another 7% are rapidly declining, according to statistics from investment research firm CFRA.

CFRA last month bolstered its in-house research chops when it acquired data-and-analytics firm First Bridge Data LLC, and CFRA today held a media call that utilized First Bridge’s research muscle to provide an in-depth look at the winners and losers in the ETF space during the period from December 2014 through August 2019.
Regards,
Ted
https://www.fa-mag.com/news/roughly-25--of-etfs-closed-during-past-five-years-51860.html?print

Comments

  • It is marketing driven effort in an attempt to gather new assets. There are simply too many ETFs just like mutual funds. There must be enough demand to keep some of them afloat for several years, then survivorship of these products takes over.
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