Charles Schwab's seventh annual survey of investors in exchange-traded funds finds that individual investors' ETF adoption is on track for explosive growth.
Investors in the survey said 27% of their portfolios, on average, were currently in ETFs, compared with 16% in 2012. Moreover, 42% said ETFs would be the chief investment product in their portfolios going forward, up from 28% who said this last year.
Respondents said they expected have a third of their portfolios in ETFs in five years.
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Michael S. Fischer
Michael S. Fischer is a longtime contributing writer for ThinkAdvisor. He previously reported on trade and intellectual property topics for the Economist Intelligence Unit and covered the hedge fund industry for MARHedge and Reuters News Service.
