With 1 ETF traded in the U.S. markets, NASDAQ AlphaDEX Large Cap Growth Index ETF gathers total assets under management of $873.83M. The average expense ratio is 0.59%. NASDAQ AlphaDEX Large Cap Growth Index ETF can be found in the following asset class:
First Trust rolls out another fund using the relative strength approach.
PowerShares files for two more fund-of-funds ETFs using rotation strategies.
What would a shift out of a mutual fund and into an ETF look like up close?
When looking for the right growth fund, it’s easy to just focus on the growth factors used to select growth stocks.
People have been talking about ‘growth’ vs. ‘value’ investing for a long time and, judging by the growing ETF market, they’re not going to stop talking any time soon.
New research from Morgan Stanley found that inflows into U.S.-listed ETFs topped $11.6 billion in the first three months of 2007, bringing total ETF assets in the U.S. to approximately $480 billion. That actually represents a significant slowdown in asset growth, as it calculates out to just 10 percent annualized growth. In comparison, the industry grew 40 percent in 2006.
First Trust rolls out 17 alpha-seeking ETFs, pushing the total number of U.S.-listed ETFs over 500.