As the exchange traded fund (
) industry grows, it's only going to intensify the competition for
new entrants. Despite that, three providers in particular have
already managed to get off to a solid start.
The ETF industry is a tough one to break into, yet three
relative newcomers to the space have set up shop and by all
appearances, they've gained a solid foothold.
Ian Salisbury for
The Wall Street Journal
are among those newer entrants who have managed to achieve success
to a degree this past year and have promising futures in the ETF
It's no small feat. The industry's three largest providers -
- have historically given some tough competition.
ETF Securities leads the way among new entrants, amassing $1.5
billion in four physically-backed metals funds. ETFS already had a
big commodity ETF presence outside the United States, and stayed
within its niche with its gold, silver, platinum and palladium
ETF Securities Takes ETF Industry By Storm.
PIMCO, a world-renowned expert on bonds, also stayed in that
category by issuing a range of funds that cover Treasuries, muni
bonds and Treasury Inflation-Protected Securities (
PIMCO: Just Getting Started.
Schwab's line of ETFs covering core categories has also done
well, thanks in part to the Schwab name, free trading on Schwab's
platform and a set of well-diversified funds that cover major asset
Schwab's ETFs Hit $1 Billion in Assets.
For more stories about ETFs, visit our
ETF 101 category
Tisha Guerrero contributed to this article.