摘要： The stellar growth of ETFs is something we have discussed before. However, in that study we actually found that ETF turnover is falling, resulting in a far more gradual increase in ETF value traded than previously expected.
The stellar growth of ETFs is something we have discussed before. However, in that study we actually found that ETF turnover is falling, resulting in a far more gradual increase in ETF value traded than previously expected.
Stock trading liquidity has increased almost twice as much as ETFs
While it’s true that ICI data shows active portfolio turnover falling, it’s not true that notional stock liquidity in the U.S. market has fallen.
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