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ETFs Are Growing

Posted by Samuel A. Kiburz on Jan 5, 2023 11:54:25 AM

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chart shows the opening and closings of mutual funds vs. exchange traded funds (ETFs) since 2012.

Today’s Chart of the Day comes from Morningstar Direct and shows the openings and closings of mutual funds vs. exchange traded funds (ETFs) since 2012.

In a nutshell, in 2012 there were 557 mutual funds opened and five closed. In 2022, there was a declining trend with only 180 mutual funds opened and 181 closed. When looking at ETFs in 2022, there was a whopping 406 opened.

Quite simply, investors are seeing the superiority that ETFs provide for greater tax efficiency, liquidity, transparency and lower costs.

Topics: Chart of the Day