Broad-based U.S. equity index ETFs are the most popular products used by advisors today, according to a recent poll conducted by ThinkAdvisor.com and sponsored by OppenheimerFunds.
The survey finds that 81% of advisors employ them, while equity-sector indexes are used by 68% of respondents.
ETFs tracking broad fixed income indexes are employed by 64% of advisors polled, while broad-based international index ETFs are relied upon by 57%.
Other product categories used by advisors include leveraged/inverse ETFs (17%), currency ETFs (15%) and ESG/impact investing products (13%).
Non-cap-weighted ETF strategies have gained traction, the most popular being equal weighted (46%), low volatility (44%) and fundamental (42%).