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Market Shares of Leading ETF Sponsors

Source: http://www.qvmgroup.com/invest/archives/523
Posted on Monday, May 19th, 2008 | In Current Market News, Stocks to Watch
Contributed by: Richard Shaw (http://www.QVMgroup.com) -

The ETF market is looking crowded in terms of numbers and diversity of funds, and the number of ETF sponsors. However, the market shares are highly concentrated with a steep gradient of fund sizes and sponsor market shares.

As of April (according to score keeping by Vanguard) the top ETF sponsors by asset market share were:

#1 Barclays: 53.0%
(iShares & iPathETNs)
http://www.ishares.com
http://www.ipathetn.com

#2 State Street: 24.8% share
(SPDRs)
http://www.ssgafunds.com

#3 Vanguard: 8.0% share
(Vangurd)
http://www.vanguard.com

#4 Invesco: 6.5% share
(Power Shares)
http://www.invescopowershares.com

#5 ProFunds: 2.8% share
(ProShares)
http://www.proshares.com

#6 Merrill Lynch: 1.1% share
(Holders)
http://www.holdrs.com

#7 Rydex: 1.0% share
(Rydex Funds & Currency Shares)
http://www.rydexfunds.com
http://www.currencyshares.com

The top four sponsors have 92+% market share.  The top seven sponsors have 97+% share.  All the rest divide less than 3% between them.

Richard Shaw
QVM Group LLC

Last 5 posts by Richard Shaw





About Richard Shaw (http://www.QVMgroup.com)
Richard is a principal of QVM Group LLC, a fee-based investment advisor based in Connecticut with clients across the country. He provides investment coaching to "do-it-yourself" investors, and manages portfolios for those who prefer not to make their own decisions.

His investment approach is based on value, asset allocation, benchmarking, expense control, risk management, customizing portfolios to each client's specific circumstances, and regular communication about strategy and performance.

The QVM Group team also provides municipal refinance services, strategic business planning and financial analysis service for new ventures, private acquisition analysis, and custom investment research.

Richard's extensive experience, includes serving on the Board of Directors of Aberdeen Asset Management PLC (London Stock Exchange: ADN), membership on the Board of Directors of Phoenix Investment Counsel (renamed Virtus Investment Advisors), a U.S. pension manager and investment advisor to the Phoenix Funds (renamed Virtus Funds), as well as serving as Managing Director of a series of offshore investment funds based in Luxembourg. He has led institutional asset management sales and had overall responsibility for management of a U.S. mutual funds broker-dealer.

He was a charter investor and member of the Board of Directors of several internet companies, including Lending Tree prior to its IPO. He is a graduate of Dartmouth College.

QVM Group LLC is a Registered Investment Advisor.

Visit the QVM Group website http://www.qvmgroup.com/QVMinvest/

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