An investor is evaluating the returns of three recently formed ETFs. Selected return information on the ETFs
Question:
An investor is evaluating the returns of three recently formed ETFs. Selected return information on the ETFs is presented in Exhibit 20:
Which ETF has the highest annualized rate of return?
A. ETF 1 B. ETF 2 C. ETF 3
Transcribed Image Text:
Exhibit 1: Returns on ETFs ETF 1 2 3 Time Since Inception 125 days 8 weeks 16 months Return Since Inception (%) 4.25 1.95 17.18
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B is correct The annualized rate of return for ETF 1 annualized return 104...View the full answer
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