This work studies the main differences in performance between traditional and synthetic
exchange traded funds, based on a sample of twenty-two ETFs. The tests performed …

Within this article we address the Exchange Traded Fund (ETF) market, with a focus on how
these products are increasingly moving away from providing a passive exposure to the …

the aim of the text is the presentation of the most important categories of exchange traded
funds (ETFs)–physical and synthetic ones. A theoretical part of the text includes an overview …

At the present time, there is a major trend in the financial markets of focusing on the common
factors rather than the individual characteristics of assets. This tendency can be seen in the …

Exchange traded products (ETPs) have seen tremendous growth internationally, but in a
Danish context they are still relatively unknown. Exchange traded funds (ETFs) are the most …

Using data on German-listed equity ETFs and their underlying stocks, this thesis provides
empirical evidence on key ETF-market interdependencies. First, it shows that underlying …