My analysis of finances, ETFs, and history.

Price Behavior Around Ex-Dividend Day for ETFs

Oct. 23, 2015

ETFs exhibited some favorable attributes compared to the CEFs and matched equities. For example, ETFs had lower transaction costs and lower risks than equity CEFs, and much lower risks than matched stocks based on dividend yield and various transaction cost measures.

Comparison of Closed-end Funds to Similar Exchange Traded Funds: Effects

July 12, 2015

Introducing an ETF that covers the same underlying assets as a CEF creates multiple predicable effects on the CEF.

Index Mutual Funds and Exchange-traded Funds: Structural Distinctions

July 12, 2015

The individual needs of each investor plays a major role in the type of structure investments should have to be considered for inclusion in their portfolio.

An Assessment of the Liquidity Issues of ETFs

July 12, 2015

A brief look at recent research examining the relationship between liquidity and the mispricing of ETFs.

Caveat Investor - Mispricing within ETFs

July 12, 2015

ETFs may not match their price to their net asset values. The investor should take caution with certain funds.

Leveling the Playing Field Between Mutual and ETF Index Funds

July 12, 2015

ETF managers strive to insure their funds track underlying component securities.

An Analysis of ETF Tracking Errors, Liquidity of Indices, and Correlation

July 12, 2015

A study of 845 exchange traded funds on US exchanges show less liquid indices incurred larger absolute tracking errors.

Characteristics of Bond ETF Returns

July 12, 2015

The bond ETFs can display large changes in returns unrelated to market changes which adroit investors should be able to capitalize on.

Competition Among Incumbent ETFs, New ETFs, and Mutual Funds

July 12, 2015

Competition among etfs and mutual funds can be improved. It is noted that when mutual funds and etfs follow the same indexes returns are indistinguishable.

Investors Should Use Caution with Some Exchange Traded Funds

July 12, 2015

Investors should take caution with some exchange traded funds, ETFs.

Country Funds - Their ETF Characteristics

July 12, 2015

Since ETFs are derivative securities, their sponsors have distinct choices to make about the selection of the underlying indexes upon which to base theirl ETFs

Abnormal Returns with Momentum - Contrarian Strategies using ETFs

July 12, 2015

Momentum and Contrarian strategies constitute anomalies used by investors seeking abnormal returns. Abnormal returns range from 8.4 to 13.5 percent over 4 to 39 week holding periods.

Commonality in the Mispricing of ETFs

July 12, 2015

Research verifies the existence of commonality in the mispricing of U.S ETFs

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