The number of exchange-traded funds (ETFs) has exploded in recent years. As of this writing, the total number of index-based and actively managed ETFs, including commodity ETFs, based in the United States stood at 3,108. Total net assets of these ETFs were $8.1 trillion and accounted for 24% of assets managed by investment companies.
I’ll give you three simple tips for separating the best ETFs from the rest of the crowd. But before we get to that, let’s take a quick look at how ETFs work…and most importantly, how you can benefit from them.
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