With close to 1,000 products on the market and hundreds more
waiting in the wings, the exchange traded fund (
) industry is a fiercely competitive one. Who's leading the pack,
and who's up-and-coming quickly?
Matt Hougan over at Index Universe
recently took an interesting look at the industry to see who the
biggest players were and who's gaining steam. Below are some of his
ETF 101: What You Should Know.
, leads all ETF issuers, earning $1.4 billion per year in annual
expenses. That's almost half of the total $2.9 billion in
revenues gathered throughout the industry.
State Street Global Advisors
comes in second, with $440 million in annual revenues.
earns the No. 3 slot, with $238 million in revenues, just edging
at $237 million.
is fifth with $176 million.
- We'll note that in terms of assets, there are lots of other
ETF providers making their way up the leaderboard. In the last
's assets under management have grown 70%;
's, 190%. [
ETFs That Led the Asset Grab in May.
- Among the newer providers, we're seen some steady and
impressive growth, as well.
has gone from $2 million to $213 million in one year;
has gone from $109 million a year ago to $463 million at the end
For more stories about the ETF industry, visit our
ETF 101 category
Tisha Guerrero contributed to this article.