Don’t let it be said that Morningstar doesn’t have a sense of humor. A recent article called “10 Surprising ETF Facts” covers an array of ETF facts ranging from amusing to downright shocking.
For example, did you know that 30% of all domestically listed ETFs have been launched in the last 6 months? That’s a scary thought I touched on before, because some kind of track record is needed before you can make an intelligent decision whether an ETF is suitable for current market conditions or not.
Here’s another good one: The average expense ratio of ETFs launched in the last 6 months is 0.67%. The average ratio for ETFs launched before December 2006 is 0.45%.
And you really believe that there is no inflation?