Fastest Growing ETPs in the U.S.

We couldn’t help but notice that in this past week’s fund flows data (through Wednesday, November 12) a certain exchange-traded product (ETP) from First Trust Investors, with net inflows of over $1 billion, outdrew all other products. That was quite a haul, considering the fund had just $6 million in assets two weeks earlier. This past week we took a look at the fastest growing ETPs so far this year; of the top ten ETPs First Trust sponsors the first two. iShares and WBI also had two each on the list, although their assets are considerably smaller at about $200 million each.