PIMCO continues to dominate the active exchange-traded funds space in terms of assets and market share.
According to the latest AdvisorShares Active ETF Report, Pimco held $5.8 billion in six active ETFs as of the end of October, good for a 59.5% market share of the nascent industry. In second place is WisdomTree, which managed $2.7 billion in 14 active ETFs, giving it a 27.9% market share. AdvisorShares came in a distant third with $683 million in active ETF assets spread out among 16 ETFs, giving it a 7% market share.
All told, there are currently 55 active ETFs managing some $9.7 billion in assets at the end of October, compared to 27 active ETFs managing some $5.6 billion during the same period last year.