ETF innovation drivers

  Indices are one of the key building blocks for ETFs, serving as the underlying component providing access to markets. When considering which regions, sectors or themes to tap through ETFs, many investors base their choice upon a range of factors including total expense ratios, tracking error, and counterparty risk.  Yet as Hartmut Graf says, understanding the underlying index is paramount when comparing ETFs. As the largest provider of indices underlying ETFs in Europe, Stoxx acknowledges the significance of index transparency and the need for investors to have sufficient understand...