|Bid||22.60 x 400|
|Ask||23.78 x 300|
|Day's Range||23.64 - 23.73|
|52 Week Range||21.14 - 23.85|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.50%|
One of the reasons why exchange-traded funds (ETFs) have surged in popularity has to do with their passive nature. Investors have embraced index funds in a big way – even if those indexes track niche or esoteric asset classes. That index-hugging ability comes with lower costs that, in turn, drive better returns and outcomes.
Explore asset allocation funds, and learn about the three largest exchange-traded funds in this category based on assets under management.
This article is part of a regular series of thought leadership pieces from some of the more influential ETF strategists in the money management industry. Today's article is by Rusty Vanneman, chief investment officer of Omaha, Nebraska-based CLS Investments. Everybody loves a good story. Stories entertain, inform and educate. They can also spur action, including among investors.