Recent developments in exchange‐traded fund literature: Pricing efficiency, tracking ability, and effects on underlying securities
N Charupat, P Miu - Managerial Finance, 2013 - emerald.com
Purpose–The purpose of this paper is to provide a brief review of three strands of the
literature on exchange‐traded funds. Design/methodology/approach–The paper starts with a …
literature on exchange‐traded funds. Design/methodology/approach–The paper starts with a …
Conventional mutual index funds versus exchange-traded funds
A Agapova - Journal of Financial Markets, 2011 - Elsevier
This paper examines the implications of substitutability of two similar investment vehicles:
conventional index mutual funds and exchange-traded funds (ETFs). It seeks to explain the …
conventional index mutual funds and exchange-traded funds (ETFs). It seeks to explain the …
From performativity to political economy: index investing, ETFs and asset manager capitalism
B Braun - New political economy, 2016 - Taylor & Francis
As a discipline, political economy has often been reluctant to engage with the details of
market devices and practices. This weakens the microfoundations of its analysis of capitalist …
market devices and practices. This weakens the microfoundations of its analysis of capitalist …
Exchange-traded funds, persistence in tracking errors and information dissemination
S Shin, G Soydemir - Journal of Multinational Financial Management, 2010 - Elsevier
We estimate tracking errors from 26 exchange-traded funds (ETFs) utilizing three different
methods and test their relative performance using Jensen's model. We find that tracking …
methods and test their relative performance using Jensen's model. We find that tracking …
[HTML][HTML] Reshaping financial systems: The role of ICT in the diffusion of financial innovations–Recent evidence from European countries
Exchange-traded funds (ETFs) are among the fastest-growing types of innovative financial
products. The emergence and spread of these instruments have been facilitated by the …
products. The emergence and spread of these instruments have been facilitated by the …
Exchange traded funds: History, trading, and research
L Deville - Handbook of financial engineering, 2008 - Springer
One of the most spectacular successes in financial innovation since the advent of financial
futures is probably the creation of exchange traded funds (ETFs). As index funds, they aim at …
futures is probably the creation of exchange traded funds (ETFs). As index funds, they aim at …
[BOOK][B] Stock index futures
CMS Sutcliffe - 2018 - taylorfrancis.com
The global value of trading in index futures is about $20 trillion per year and rising and for
many countries the value traded is similar to that traded on their stock markets. This book …
many countries the value traded is similar to that traded on their stock markets. This book …
[HTML][HTML] Exchange-traded funds and the future of passive investments: a bibliometric review and future research agenda
Passive investments such as exchange-traded funds (ETFs) provide an opportunity to invest
in indexes, asset classes, and sectors with low maintenance costs and high transparency …
in indexes, asset classes, and sectors with low maintenance costs and high transparency …
[HTML][HTML] Time-varying price dynamics of clean and dirty energy portfolios
This paper investigates the dynamic relationships between four key instruments related to
clean and dirty energy assets: WTI futures, United States Oil Fund (USO), EnergySelect …
clean and dirty energy assets: WTI futures, United States Oil Fund (USO), EnergySelect …
The Role of Taxes in the Rise of ETFs
R Moussawi, K Shen, R Velthuis - Available at SSRN 3744519, 2022 - papers.ssrn.com
The immense growth of ETFs is often attributed to their intraday liquidity and low expenses,
which are favored by short-term investors. This paper argues that lesser known, yet …
which are favored by short-term investors. This paper argues that lesser known, yet …