By: ETFdb
Brief History Of ETFs
In 2012, exchange-traded products are ubiquitous in the world of investing. The more than 1,400 products have accumulated billions of dollars, and are widely used by all types of investors, from individuals with relatively small accounts and simple strategies to sophisticated hedge funds managing billions. So it may be hard to believe that the ETF industry is still relatively young; most ETFs have been around for only a handful of years, and it wasn’t that long ago that assets were less than $500 billion. Below is a whirlwind history of the ETF industry, starting with the launch of the first exchange-traded product [try the free ETF screener]: January 1993: S&P 500 SPDR (SPY) Debuts When the first ETF began trading, Bill Clinton was in the Oval Office, gas cost about a dollar a gallon, and the Red Sox were still a decade away from ending their World Series drought. SPY [...] Click here to read the original article on ETFdb.com. Related Posts: World Cup Of ETFs: Plays On All 32 Countries Europe ETFs: All Over The Board 101 ETF Lessons Every Financial Advisor Should Learn Ten Unexpected Observations On YTD ETF Returns Alternatives To The 20 Most Popular ETFs
In 2012, exchange-traded products are ubiquitous in the world of investing. The more than 1,400 products have accumulated billions of dollars, and are widely used by all types of investors, from individuals with relatively small accounts and simple strategies to sophisticated hedge funds managing billions. So it may be hard to believe that the ETF industry is still relatively young; most ETFs have been around for only a handful of years, and it wasn’t that long ago that assets were less than $500 billion. Below is a whirlwind history of the ETF industry, starting with the launch of the first exchange-traded product [try the free ETF screener]:  January 1993: S&P 500 SPDR (SPY) Debuts When the first ETF began trading, Bill Clinton was in the Oval Office, gas cost about a dollar a gallon, and the Red Sox were still a decade away from ending their World Series drought. SPY [...]

Click here to read the original article on ETFdb.com.

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