The first actively managed ETF came to market in 2008, but 100+ funds later, active management in ETFs has struggled to get much traction in the equity space. Out of more than $2 trillion in U.S.-listed ETF assets as of 2015, less than 1% was tied to actively managed funds. Income-generating investments, on the other hand, such as the PIMCO Total Return (BOND) that Bill Gross launched in 2012 and had $2.6 billion in assets under management in 2015 or master limited partnerships have shown more success.
With 439 ETFs traded in the U.S. markets, Active Management ETFs gather total assets under management of $147.57B. The average expense ratio is 0.69%. Active Management ETFs can be found in the following asset classes:
- Fixed Income
- Asset Allocation
- Equity
- Commodities
- Alternatives
- Currency
The largest Active Management ETF is the JPMorgan Ultra-Short Income ETF JPST with $14.88B in assets. In the last trailing year, the best performing Active Management ETF was the ARKG at 153.98%. The most-recent ETF launched in the Active Management space was the Rareview Dynamic Fixed Income ETF RDFI in 10/21/20.