|Bid||24.09 x 1200|
|Ask||24.10 x 1200|
|Day's Range||24.08 - 24.16|
|52 Week Range||20.59 - 25.35|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.09%|
Despite a volatile 2018, some ETF providers were well positioned to capitalize on the market turmoil and attract investors away from more established investment strategies in the ETF space.
With dozens of new exchange-traded funds (ETFs) coming to market every month, the industry has begun 2019 with momentum to keep growing. While the field is dominated by a handful of major issuers, including iShares, Vanguard and Schwab, comparably smaller players are constantly vying for investor attention as well.
Thanks to the rise in “thematic investing” and craze for “smart beta,” the ETF industry is seeing explosive growth in terms of both AUM and launches. It has seen 175 launches and 125 closures so far this year, taking the total number of ETFs to 2,171 and total assets to more than $3.7 trillion in the U.S. market.
Investors were once leery of new exchange traded funds, often waiting months or even years to give them a spin. Some newer ETFs are proving that the hands-off treatment is waning. Until recently, the JPMorgan BetaBuilders Japan ETF (NYSE: BBJP) was leading an anonymous existence, an understandable phenomenon when considering the field of Japan ETFs is crowded and that BBJP is barely a month old.