Lionel: I counted the ETFs and did a spreadsheet to analyse then a bit. The total number of ETFs is 290. The important number, however, is the volume. They account for about 15% of the money that changes hands everyday and about 7% of share volume. The average ETF share price is about twice the price of the overall share volume of the three markets.
The top 10 of these accounts for about half of the volume of all ETFs. I am uploading a spreadsheet that contains the list of all the ETFs and a report that contains the above figures. The name of the file is ETFVolumeAnalysis.xls. In regards to the mutual funds the I also counted them and found about 19000 also. I would like for everyone to note that this really overstates the numbers by a factor of about 2 to 3. This is because mutual funds are available in several classes for each fund. The difference is mostly in the application of the sales charges. Dale Warehime --- In [email protected], "investor0329" <[EMAIL PROTECTED]> wrote: > > No..I did not include ETFs because etf's are comprised of > stocks!!..mostly..except for some of the newer ones that include > commodities and the like. But etf's like dia and spy are just the > Dow and sp500..and most others are various sectors of stocks. > And..in any case there are only 100-300 etfs. Morey than 19000 > mutual funds. UNBELIEVABLE!! > > --- In [email protected], "Lionel Issen" <lissen@> > wrote: > > > > Did you count the number of ETFs? > > > > > > > > _____ > > > > From: [email protected] [mailto:quotes- > [EMAIL PROTECTED] On > > Behalf Of investor0329 > > Sent: Monday, September 11, 2006 3:00 AM > > To: [email protected] > > Subject: [quotes-plus] unbelievable > > > > > > > > I just did a quick scan counting stocks (only common and > adr)..there is > > less than 6000. Did the same for mutual funds.. well over 19000!! > > mutual funds. This is unbelievable. Mutual funds outnumber stocks > by > > more than 3 to 1. > > > > > > > > > > > > [Non-text portions of this message have been removed] > > > Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/quotes-plus/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/quotes-plus/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
