This study examines the performance of the 10 largest active exchange-traded funds. Using
Jensen's alpha, 50% of the largest active ETFs underperform their passive benchmarks, for …

This Master's thesis examines the added value of active exchange-traded funds (ETFs) by
conducting a comparative analysis between passively managed ETFs and actively …

This work presents empirical results on the first active exchange traded funds (ETFs) based
on risk, return, and incentives and the relative comparison with alternative investment …

Several issues concerning the performance of the US-listed actively managed exchange-
traded funds (ETFs) are investigated in this article. The return and risk of this new type of …

This article offers new insights on the merits and the pitfalls of active portfolio management.
The Canadian market of actively managed ETFs is the subject of this study. A sample of 22 …

It has been well established, that active mutual fund management is rarely able to
outperform or even match the performance of the underlying benchmark. This has been …

This paper expands the debate about" active vs. passive" management using data from
active and passive ETFs listed in the US market. The results reveal that the active ETFs …

The article offers information about actively managed exchange-traded funds (ETFs) which
was first launched by the Bear Stearns Cos. Inc. in the US investment industry. The author …

This paper employs standard methodology found in the literature on mutual funds'
performance and addresses the debate of “active vs. passive” management using data from …

Exchange-traded funds (ETFs) are commonly regarded as an efficient, low-cost alternative
to actively managed mutual funds, yet their perceived superiority is largely anecdotal. We …