An investor is evaluating the returns of three recently formed exchange-traded funds. Selected return information on the
Question:
An investor is evaluating the returns of three recently formed exchange-traded funds. Selected return information on the exchange-traded funds (ETFs) is presented in Exhibit 16.
1. Which ETF has the highest annualized rate of return?
A. ETF 1
B. ETF 2
C. ETF 3
Transcribed Image Text:
Exhibit 16: ETF Performance Information Time Since Inception 146 days 5 weeks 15 months ETF 1 2 3 Return Since Inception (%) 4.61 1.10 14.35
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1 B is correct The annualized rate of return for the three ETFs are as follows E...View the full answer
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