Exchange-traded fund giants and upstarts face name-calling this week over, well, ETF names. Stowe, Vermont-based
Casey Research just released a new report,
"The Top 10 Misleading ETFs", that calls out a veritable who's who of ETF providers for the brands they put on some of their products [
report].
Vedran Vuk, the senior analyst who penned the report, actually called out 13 ETFs by name and many more by extension, with three similar ETFs sharing one spot and a whole host of commodity ETFs sharing another.
A number of shops' ETFs faced Casey's wrath. They include:
Fidelity [
profile],
BlackRock's
iShares [
profile],
Van Eck's [
profile]
Market Vectors,
Allianz'
Pimco [
profile],
Invesco's
PowerShares [
profile],
ProShares [
profile],
State Street Global Advisors' [
profile]
SPDRs,
U.S. Commodity Funds [
profile] and
Vanguard [
profile].
"For many ETFs, a fund name has absolutely nothing to do with its contents," Vuk wrote. "These are either the top misleading ETFs or poster boys of a larger problem rampant in the industry." 
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