Why are Some ETFs Cheaper than Others? | Morningstar:
Time-poor investors have increasingly turned to passive funds as they don’t have the time to cherry-pick stocks themselves and don’t want to pay high fees for active funds. It is no wonder then, that the exchange-traded fund (ETF) industry has flourished as a result.
According to Morningstar research, the amount held in European-domiciled ETFs has more than doubled over the past five years, with ETFs accounting for 8.6% of total assets under management as of March 2019.
ETFs are not new products – the first tracker listed on the London Stock Exchange back in 2000 – but they have matured over the subsequent two decades. Competition has increased and prices have fallen as a strong demand for these tracker funds has sparked a proliferation of new products.
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