• Over 92% of new ETFs do not track an index.
• Trading tools were the second-most common category group behind equity,
and fixed income was a distant third.
• Roughly half of new ETFs were strategies that tracked single stocks, derivative income, defined outcomes,
or digital assets.
• An alarming 27% of new ETFs built their strategy around a single stock and added leverage, short exposure,
or options overlays.
As always, these lists need to be taken with a grain of salt.
https://www.morningstar.com/funds/best-worst-new-etfs-2025
