ETF Report 2008 — The Final Results Aren’t Pretty
As you might expect, the final performance results for most ETFs in 2008 wasn’t very pretty. In fact, it was downright coyote ugly!
Interestingly, despite the tremendous bear market in 2008, the number of new ETFs that came to market during the year was remarkable. There were 764 total ETF offerings by year’s end, which is 154 ETFs more than there were at the end of 2007.
Notable trends in the ETF landscape include new triple-levered funds, currency-oriented funds, and international market funds.
I know it might not be a comfortable task, but if you want to remind yourself of how bad things were in 2008, then take a peek at the year-end ETF Report by clicking here.
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
