Fund companies continue to launch exchange-traded funds at an incredible rate. However, not all succeed in attracting enough assets to make them efficient investment products, according to the Austin American-Statesman. Investors have to weed out the ETFs that are genuinely useful to their portfolio.Unless an ETF has a large asset base and is actively traded, many investors are better off buying a comparable index mutual fund. In the first six months of this year, 162 ETFs were launched.

The top 54 ETFs have significant assets of around $2.1 billion, but the smaller, less successful ETFs might start waning off if they can’t garner more assets.

The 108 smallest ETFs have $11.5 million or less, according to Morningstar. In addition, 225 ETFs have less than $50 million in assets and 284 have less than $100 million.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

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