Of the 208 financial planners surveyed, 89% currently use or recommend exchange-traded funds (ETFs), indicating their high popularity among professionals.
The number of ETFs in the U.S. market has surged from 123 in 2003 to 3,243 in 2023, showing significant growth and variety in investment options.
ETFs are appealing to new investors for their accessibility, allowing them to invest in a diversified portfolio without the high minimum purchase amounts required by mutual funds.
Passively managed ETFs aim to replicate benchmark index returns, providing investors with an easy way to invest in specific sectors or industries.
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