This is a table of notable American exchange-traded funds, or ETFs. As of 2020, the number of exchange-traded funds worldwide was over 7,600,[1] representing about 7.74 trillion U.S. dollars in assets.[2] The largest ETF, as of April 2021, was the
SPDR S&P 500 ETF Trust (
NYSE Arca:
SPY), with about $353.4 billion in assets. The second-largest was the
iShares Core S&P 500 ETF with around $270.0 billion (
NYSE Arca:
IVV), and third-largest was the
Vanguard Total Stock Market ETF (
NYSE Arca:
VTI) with $213.1 billion.[3]
Commodity ETFs, also known as exchange-traded commodities (ETCs), track a commodity index or a specific commodity. This is often via commodity futures. These fall into four general categories, agricultural, which includes livestock and "softs"; energy resources; industrial materials; and precious metals. The most popular precious metals ETFs hold physical stocks of the metal rather than futures.
Broad basket
ELEMENTS Rogers International Commodity Index ETN (NYSE Arca RJI)
iShares Dow Jones Asia Real Estate (NYSE Arca IFAS)
iShares Dow Jones Europe Real Estate (NYSE Arca IFEU)
iShares Dow Jones US Real Estate (NYSE Arca IYR)
iShares Mortgage Real Estate Capped (NYSE Arca REM)
Schwab US REIT (NYSE Arca SCHH)
SPDR Dow Jones Global Real Estate (NYSE Arca RWO)
SPDR Dow Jones Intl Real Estate (NYSE Arca RWX)
SPDR Dow Jones REIT ETF (NYSE Arca RWR)
Wilshire US REIT ETF (NYSE Arca WREI)
Vanguard Real Estate (NYSE Arca VNQ)
Vanguard Global ex-US Real Estate (NYSE Arca VNQI)
Leveraged & short ETFs
Typically ETFs track an index. Using a combination of options, futures, and swaps some firms have designed ETFs capable of tracking approximately −1x, 2x, −2x, 3x and −3x the daily returns of an index. 3x and −3x ETFs were first released on November 8, 2008 by Direxion Funds. These funds are structured in a sophisticated way, and due to their extreme volatility they may not be appropriate vehicles for the casual investor.[5] (Note that obtaining 2x the daily returns for one year does not imply that one will receive double the annual returns of an index).[citation needed] On August 18, 2009 the
U.S. Securities and Exchange Commission issued a warning to investors that leveraged exchange-traded funds could lead to big losses even if the market index or benchmark they track shows a gain.[6]
Short ETFs
Short ETFs enable investors to profit from declines in an underlying index without directly
selling short any securities. Investors who think an index will decline purchase shares of the short ETF that tracks the index, and the shares increase or decrease in value inversely with the index, that is to say that if the value of the underlying index goes down, then the value of the short ETF shares goes up, and vice versa. Some popular short ETFs include:
The following ETFs are good examples of Leveraged ETFs:
UBS AG FI Enhanced Large Cap Growth 2x ETF (NYSE Arca FBGX) - tracks the Russell 1000 and will provide investors with a cash payment at the scheduled maturity or early redemption based on the 2x leveraged performance of the Russell 1000 Growth Index Total Return.[7]
Credit Suisse FI Large Cap Growth Enhanced ETF (NYSE Arca FLGE) - FLGE provides 2X levered exposure to the total return of the Russell 1000 Growth Index, with leverage reset at least quarterly. [8]
Direxion Daily Mid Cap Bull 3x ETF (NYSE Arca MIDU) - tracks 3x the S&P MidCap 400 Index
Direxion Daily S&P 500 Bull 2x ETF (NYSE Arca SPUU) - tracks 2x the S&P 500 Index
Direxion Daily S&P 500 Bull 3x ETF (NYSE Arca SPXL) - tracks 3x the S&P 500 Index
Direxion Financials Bear 3x ETF (NYSE Arca FAZ) - tracks the inverse of XLF or RIFIN
Asset allocation
ETFs can be asset allocation funds, which include different asset classes rather than just one. They are usually, but not exclusively, implemented using a
fund-of-funds structure. The most common ones use fixed strategies, which can be described with terms like "aggressive" or "conservative", denoting more in stocks and more in bonds, respectively. Other ones may have a
target-date strategy where the allocation changes over time.
An example of such an ETF is the Russell Investments OneFund (NYSE Arca ONEF), which is composed of nine ETFs (Vanguard and iShares ETFs). Another is the
AdvisorShares Cambria Global Tactical ETF (NYSE Arca GTAA). A lineup of Target Date ETFs is offered by iShares (e.g., iShares S&P Target Date 2040 Index Fund; NYSE Arca TZV).
Active ETFs
The following ETFs are not index-based but rather actively managed:
This is a table of notable American exchange-traded funds, or ETFs. As of 2020, the number of exchange-traded funds worldwide was over 7,600,[1] representing about 7.74 trillion U.S. dollars in assets.[2] The largest ETF, as of April 2021, was the
SPDR S&P 500 ETF Trust (
NYSE Arca:
SPY), with about $353.4 billion in assets. The second-largest was the
iShares Core S&P 500 ETF with around $270.0 billion (
NYSE Arca:
IVV), and third-largest was the
Vanguard Total Stock Market ETF (
NYSE Arca:
VTI) with $213.1 billion.[3]
Commodity ETFs, also known as exchange-traded commodities (ETCs), track a commodity index or a specific commodity. This is often via commodity futures. These fall into four general categories, agricultural, which includes livestock and "softs"; energy resources; industrial materials; and precious metals. The most popular precious metals ETFs hold physical stocks of the metal rather than futures.
Broad basket
ELEMENTS Rogers International Commodity Index ETN (NYSE Arca RJI)
iShares Dow Jones Asia Real Estate (NYSE Arca IFAS)
iShares Dow Jones Europe Real Estate (NYSE Arca IFEU)
iShares Dow Jones US Real Estate (NYSE Arca IYR)
iShares Mortgage Real Estate Capped (NYSE Arca REM)
Schwab US REIT (NYSE Arca SCHH)
SPDR Dow Jones Global Real Estate (NYSE Arca RWO)
SPDR Dow Jones Intl Real Estate (NYSE Arca RWX)
SPDR Dow Jones REIT ETF (NYSE Arca RWR)
Wilshire US REIT ETF (NYSE Arca WREI)
Vanguard Real Estate (NYSE Arca VNQ)
Vanguard Global ex-US Real Estate (NYSE Arca VNQI)
Leveraged & short ETFs
Typically ETFs track an index. Using a combination of options, futures, and swaps some firms have designed ETFs capable of tracking approximately −1x, 2x, −2x, 3x and −3x the daily returns of an index. 3x and −3x ETFs were first released on November 8, 2008 by Direxion Funds. These funds are structured in a sophisticated way, and due to their extreme volatility they may not be appropriate vehicles for the casual investor.[5] (Note that obtaining 2x the daily returns for one year does not imply that one will receive double the annual returns of an index).[citation needed] On August 18, 2009 the
U.S. Securities and Exchange Commission issued a warning to investors that leveraged exchange-traded funds could lead to big losses even if the market index or benchmark they track shows a gain.[6]
Short ETFs
Short ETFs enable investors to profit from declines in an underlying index without directly
selling short any securities. Investors who think an index will decline purchase shares of the short ETF that tracks the index, and the shares increase or decrease in value inversely with the index, that is to say that if the value of the underlying index goes down, then the value of the short ETF shares goes up, and vice versa. Some popular short ETFs include:
The following ETFs are good examples of Leveraged ETFs:
UBS AG FI Enhanced Large Cap Growth 2x ETF (NYSE Arca FBGX) - tracks the Russell 1000 and will provide investors with a cash payment at the scheduled maturity or early redemption based on the 2x leveraged performance of the Russell 1000 Growth Index Total Return.[7]
Credit Suisse FI Large Cap Growth Enhanced ETF (NYSE Arca FLGE) - FLGE provides 2X levered exposure to the total return of the Russell 1000 Growth Index, with leverage reset at least quarterly. [8]
Direxion Daily Mid Cap Bull 3x ETF (NYSE Arca MIDU) - tracks 3x the S&P MidCap 400 Index
Direxion Daily S&P 500 Bull 2x ETF (NYSE Arca SPUU) - tracks 2x the S&P 500 Index
Direxion Daily S&P 500 Bull 3x ETF (NYSE Arca SPXL) - tracks 3x the S&P 500 Index
Direxion Financials Bear 3x ETF (NYSE Arca FAZ) - tracks the inverse of XLF or RIFIN
Asset allocation
ETFs can be asset allocation funds, which include different asset classes rather than just one. They are usually, but not exclusively, implemented using a
fund-of-funds structure. The most common ones use fixed strategies, which can be described with terms like "aggressive" or "conservative", denoting more in stocks and more in bonds, respectively. Other ones may have a
target-date strategy where the allocation changes over time.
An example of such an ETF is the Russell Investments OneFund (NYSE Arca ONEF), which is composed of nine ETFs (Vanguard and iShares ETFs). Another is the
AdvisorShares Cambria Global Tactical ETF (NYSE Arca GTAA). A lineup of Target Date ETFs is offered by iShares (e.g., iShares S&P Target Date 2040 Index Fund; NYSE Arca TZV).
Active ETFs
The following ETFs are not index-based but rather actively managed: