The Best and Worst New ETFs of 2021
There were a record number of new ETFs launched in 2021. These are our selections for the year's best and worst.
Stay updated with breaking news from Life Multisector. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
There were a record number of new ETFs launched in 2021. These are our selections for the year's best and worst.
The Globe and Mail MARY GOODERHAM Published January 19, 2021 Bookmark The remote-working boom brought by the COVID-19 pandemic created a new investment theme in 2020: exchange-traded funds offering a portfolio of stocks expected to benefit from the work-from-home (WFH) trend. While some feel valuations for these ETFs are too high given the big gains of 2020 and as vaccines bring people back to their office in the months ahead, others believe the continued shift in work habits and lifestyles, as well as coming technologies like 5G communications, will support the WFH trend long term. Hans...
As of Dec. 17, there were a record 276 new exchange-traded funds launched in 2020. This marks the fastest pace of new launch activity since the prior record was set in 2015. There are now 2,288 ETFs available to investors. Since SPDR S&P 500 ETF (SPY) was launched in 1993, 3,291 ETFs have been brought to market. This means that about 30% of them have since been closed. In 2020, a record 179 ETFs shut down. Though there are plenty of choices on the ever-expanding menu, investors' tastes are basic. Of the 2,288 ETFs currently on offer, the top 100 as measured by assets under management accou...