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Wednesday, December 14, 2016|
2016's Fastest Growing ETF Shop Is ...
The fastest growing ETF shop of 2016, so far, is Van Eck [profile]. Yet in absolute terms, the biggest ETF shops are still an order of magnitude ahead of the rest when it comes to growth.
Van Eck (which rebranded its Market Vectors ETF businesses as the Van Eck Vectors ETFs earlier this year) jumped two spots to ninth-biggest ETF shop this year, thanks to a 50-percent (about $11 billion) rise in AUM to about $30 billion. Yet the big AUM winners are still BlackRock, Vanguard, and SSgA, which in 2016 have seen their AUM jump up by $127 billion (15 percent), $112 billion (23 percent), and $68 billion each (16 percent), respectively.
Charles Schwab [profile] has also seen a big 2016 ETF AUM jump, of $17.7 billion (a 44-percent increase).
On the flip side, WisdomTree [profile], Deutsche [profile], and First Trust [profile] have all taken ETF AUM hits this year.
Printed from: MFWire.com/story.asp?s=55347
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