It is well documented that indexed ETFs and funds have been taking market share from active mutual funds. At year-end 2021, indexed ETFs and funds accounted for 43% of long-term funds (i.e., funds excluding money market funds) in the U.S.1. This was up significantly from 21% at year-end 2011.
ETF & Mutual Fund, Research
Politicization of ETFs - U.S. ETF Developments to Watch in 2023: #3
23 December 2022
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