Morningstar will begin ranking and researching managed ETF portfolios by the end of the year, the research firm announced at its second annual ETF Invest Conference in Chicago Thursday.

ETF managed portfolios have more than 50% of their assets in exchange-traded funds. Morningstar currently tracks more than 330 ETF managed portfolios with $22 billion in assets. Nearly one-third of these funds were launched in the past three years, and the number continues to increase.

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