We present a snapshot of the Exchange-Traded Fund (ETF) market in September 2011 involving 6937 ETFs with a total market value of US $2.96 trillion. We describe the market's growth since 1993 and its current composition. Only 11% of ETFs reproduce both the mean return and the volatility of their...

We studied various fund investing options in the circular economy sector. We found that most circular economy mutual funds and exchange-traded funds charge higher fees and take higher risks than their benchmarks. However, they appear to have underperformed their benchmarks during their short...

Recent studies have documented the importance of asymmetry and tail-fatness of returns on portfolio-choice, asset-pricing, value-at-risk and option-valuation models. This article explores the nature of skewness and elongation in daily Exchange-traded Fund (ETF) return distributions using g, h...