Some of the newest exchange-traded funds tend to have the best returns initially, but historically speaking, they often become tarnished and see those returns drop precipitously.

That history lesson should remind advisors that they need to carefully consider the past performance of the managers of new ETFs earning high returns, and often that means looking at those managers’ performance with mutual funds, observers say.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access