TY - JOUR T1 - Sizing Up the Current ETF Landscape JF - ETFs and Indexing SP - 33 LP - 38 VL - 2009 IS - 1 AU - Phil Masterson AU - Sue Wilchusky Y1 - 2009/09/21 UR - http://guides.pm-research.com/content/2009/1/33.abstract N2 - The ETF story to date is one of innovation and rapid growth. Today, there are nearly 800 ETFs traded in the United States with approximately $600 billion in assets. While these assets are still low relative to mutual funds, U.S.-based ETFs have experienced a compound annual growth rate of 29.6% from 2000, when BGI began actively promoting iShares, through June 2009. Continued growth in terms of asset gathering is likely, while rapid product growth is less likely, although ETF product launches will continue. Moreover, though most ETFs currently track indices and the growth rate of ETF assets has been impressive, actively managed products are still in demand and can coexist with ETFs. This article provides an overview of the ETF landscape, describes the key features of ETFs, compares ETFs to index mutual funds, and addresses current and future product usage. ER -