List of American exchange-traded funds

This is a table of notable American exchange-traded funds, or ETFs.

This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by expanding it with reliably sourced entries.

As of June 2012, the United States has about 1,200 ETFs, with about $1,200 billion in assets.[1] The largest ETF, as of the end of August 2013, was the SPDR S&P 500 (NYSE Arca: SPY), with about $135.7 billion in assets. Second-largest was the Vanguard FTSE Emerging Markets ETF with around $47.3 billion (NYSE Arca: VWO), and third-largest is the iShares Core S&P 500 ETF (NYSE Arca: IVV) with $43.4 billion.[2] The most frequently traded ETF is the SPDR S&P 500 (NYSE Arca: SPY), with over 100 million shares traded daily.[3]

Stock ETFs

Broad market ETFs

Index-tracking ETFs

Style ETFs

Large-cap ETFs

Mid-cap ETFs

Small-cap ETFs

International ETFs

Broad ex-US ETFs

Regional ex-US ETFs

Country ETFs

Developed ex-US markets
Emerging markets

Sector ETFs

Sector ETFs may track sector-based indexes or simply correspond to a basket of companies thought to be representative of a specific market sector.

US domestic sectors

Consumer discretionary
Consumer staples
Energy
Financials
Health care
Industrials
Materials
Information technology
Telecommunication
Utilities

Global sectors

Consumer discretionary
Consumer staples
Energy
Financials
Health care
Industrials
Materials
Information technology
Telecommunication
Utilities

Bond ETFs

Commodity ETFs

Commodity ETFs, also known as exchange-traded commodities (ETCs), track a commodity index or a specific commodity. This is often via commodity futures. These fall into four general categories, agricultural, which includes livestock and "softs"; energy resources; industrial materials; and precious metals. The most popular precious metals ETFs hold physical stocks of the metal rather than futures.

Broad basket

Agricultural ETFs

Energy commodity ETFs

Industrial commodity ETFs

Precious metals ETFs

Gold
Silver
Others

Real estate ETFs

Leveraged & short ETFs

Typically ETFs track an index. Using a combination of options, futures, and swaps some firms have designed ETFs capable of tracking approximately −1x, 2x, −2x, 3x and −3x the daily returns of an index. 3x and −3x ETFs were first released on November 8, 2008 by Direxion Funds. These funds are structured in a sophisticated way, and due to their extreme volatility they may not be appropriate vehicles for the casual investor. (Note that obtaining 2x the daily returns for one year does not imply that one will receive double the annual returns of an index). On August 18, 2009 the U.S. Securities and Exchange Commission issued a warning to investors that leveraged exchange-traded funds could lead to big losses even if the market index or benchmark they track shows a gain.

Short ETFs

Short ETFs enable investors to profit from declines in an underlying index without directly selling short any securities. Investors who think an index will decline purchase shares of the short ETF that tracks the index, and the shares increase or decrease in value inversely with the index, that is to say that if the value of the underlying index goes down, then the value of the short ETF shares goes up, and vice versa. Some popular short ETFs include:

AdvisorShares

ProShares

Leveraged ETFs

The following ETFs are good examples of Leveraged ETFs:

Leveraged short ETFs

The following funds are both short and leveraged:

Asset allocation

ETFs can be asset allocation funds, which include different asset classes rather than just one. They are usually, but not exclusively, implemented using a fund-of-funds structure. The most common ones use fixed strategies, which can be described with terms like "aggressive" or "conservative", denoting more in stocks and more in bonds, respectively. Other ones may have a target-date strategy where the allocation changes over time.

An example of such an ETF is the Russell Investments OneFund (NYSE Arca: ONEF), which is composed of nine ETFs (Vanguard and iShares ETFs). Another is the AdvisorShares Cambria Global Tactical ETF (NYSE Arca: GTAA). A lineup of Target Date ETFs is offered by iShares (e.g., iShares S&P Target Date 2040 Index Fund; NYSE Arca: TZV).

Active ETFs

There are currently 91 US-based ETFs that are not index-based but rather actively managed.

AdvisorShares[4]

ALPS[5]

ARK Invest Disruptive Innovation ETFs[6]

Cambria[7]

ValueShares[8]

MomentumShares[9]

Columbia Management Group[10]

First Trust[11]

Flexshares[12]

Franklin Templeton Investments[13]

Guggenheim[14]

Huntington[15]

iShares[16]

PIMCO ETFs[17]

Invesco PowerShares[18]

Russell Investments[19]

State Street SPDR[20]

WisdomTree Investments[21]

See also

External links

References

  1. ↑ Statistics For June 2012: Actively Managed Assets Less Than 1%
  2. ↑ "Biggest ETFs: Giants Lose Ground In August". IndexUniverse.
  3. ↑ "SPDR S&P 500 (SPY)". Yahoo! Finance.
  4. ↑ "AdvisorShares Funds".
  5. ↑ "ALPS Funds".
  6. ↑ "ARK Invest Innovation Funds".
  7. ↑ "Cambria Funds".
  8. ↑ "ValueShares".
  9. ↑ "MomentumShares".
  10. ↑ "Columbia Management".
  11. ↑ "First Trust".
  12. ↑ "FlexShares".
  13. ↑ "Franklin Templeton ETFs".
  14. ↑ "Guggenheim Investments ETFs".
  15. ↑ "Huntington Strategy Shares".
  16. ↑ "iShares".
  17. ↑ "PIMCO ETFs".
  18. ↑ "PowerShares Exchange-Traded Funds".
  19. ↑ "Russell Equity ETF".
  20. ↑ "SPDR Exchange Traded Funds".
  21. ↑ "WisdomTree ETFs".
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