ETF Assets Set to Overtake Hedge Funds This Year
ETFs at $3 trillion means they’ll eclipse hedge funds
Traders on the floor of the New York Stock Exchange.
Photographer: Richard Drew/AP PhotoThis article is for subscribers only.
They’re cheap, easy to use, and they’re winning over more investors than ever.
Now exchange-traded funds -- investment tools that seek to replicate the performance of a portfolio of securities -- are growing at such a clip that their assets are poised to overtake those of hedge funds.