BlackRock (BLK) said it expects assets under management of US outcome exchange traded funds, or ETFs, to continue expanding and reach $650 billion by 2030 from $181 billion in 2024.
Outcome ETFs use options strategies within the funds to deliver specific investment goals such as downside protection, income, or enhanced growth potential, BlackRock said in a white paper.
Although outcome ETFs have grown rapidly in the past years from just $5 billion in 2019, almost 90% of advisors are not using them yet, the asset manager said in the white paper, citing data from 22,042 advisor models.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.