Michael Bommarito

First Trust Launches AlphaDEX Family of Quant ETFs

I think we're all quite excited about these new funds and the direction it heralds for ETFs in the coming year, but I just wanted to bring up a point about your number of ETFs. I had gone with the number you're citing up until I recently discovered this list at MasterDATA with its even bigger list here claiming nearly <b>1200</b>... ETFs. Do you think discussion of ETFs needs to be broadened to any various trusts/funds that trade and quote intraday? Furthermore, does anyone know offhand precisely what standards this MasterDATA group used to generate this list?