20 Years of ETF Investing

While many analysts discuss exchange-traded funds as the newest trend for investors, the first of these funds have been around for a long time. 2013 marked the 20th birthday for ETFs, and while many funds exploded onto the scene in the years leading up to this 20th anniversary, the structure is not so new. For some perspective, we take a look back and see what else was happening in 1993.