The report shows 1,440 derivatives-based funds managing US$1.6 trillion as investors seek explicit trade-offs across downside protection, income and leverage.
The US exchange-traded fund (ETF) industry has decisively moved beyond its initial identity as a low-cost beta vehicle, evolving into a sophisticated ecosystem driven by active strategies, derivatives overlays and outcome-oriented engineering, according to a research paper recently published by S&P Global Market Intelligence titled ‘The Future of ETFs: From Investment Vehicles to Portfolio Solutions.’ The paper found that leveraged ETFs had expanded to 636 products Authored b