Exchange-traded funds (ETFs) are one of the top five asset classes for the structured product market striking in the US market this year.
Ahead of them are various flavours of equities including indices, shares and share baskets, SRP shows. The most popular and widely used ETFs typically aim to track the performance of a benchmark index which is usually also used directly as a product underlying. Table 1 shows four ETFs commonly used as underlyings in the US market - product issuance and sales volume data for the ETFs themselves and the indices they aim to track. This information is for products linked solely to the underlying a