The exponential growth in popularity of ETFs over the last three decades has solidified ETFs as an essential component of many investors' portfolios. Investor sentiment is one of the factors that influence market returns of ETFs during times of market volatility. This article highlights the gap...

This report is part of a study supporting the European Commission's evaluation of EU Agencies: Eurofound, Cedefop, ETF and EU-OSHA, for the period 2017-2022. The legal basis of the evaluation is set in the three tripartite Agencies (Eurofound, Cedefop, EU-OSHA) revised founding Regulation and in...

This report assesses the extent to which there is coherence and synergies between and among the four Agencies during the evaluation period (2017-2022). It will assess how the four Agencies interact, complement, co-operate and mutually reinforce one another and highlight the added value of any...

This Annex is an integral part of the study supporting the evaluation of EU Agencies: Eurofound, Cedefop, ETF and EU-OSHA for the period 2017-2022.1 Its purpose is to present the results of the Public Consultation (PC) conducted as part of the named study between March 2, 2023, and May 23, 2023....

This report provides an overview of all consultation activities and the input received through the call for evidence, which supported the evaluation study of EU Agencies: Eurofound, Cedefop, ETF and EU-OSHA for the period 2017-2022. The legal basis of the evaluation is set out in the three...

This Annex is an integral part of the study supporting the evaluation of EU Agencies: Eurofound, Cedefop, ETF and EU-OSHA for the period 2017-2022. Its purpose is to present the results of the targeted consultations conducted as part of the named study, which contributed to shaping its findings....

This cost-effectiveness analysis (CEA) was undertaken as part of the Study supporting the evaluation of EU Agencies: Eurofound, Cedefop, ETF and EU-OSHA. It provides supplementary detail to the summary analysis provided within the main evaluation report to RQ 8: To what extent were the...

This section provides an overview of the background, mission, operational, specific and general objectives of the European Centre for the Development of Vocational Training (Cedefop) for the period 2017-22.

The overall aim of this evaluation is to provide an objective, independent and critical assessment of the four Agencies (Eurofound, Cedefop, EU-OSHA and ETF) in terms of their effectiveness, efficiency, coherence, EU added value and relevance. The evaluation assesses each Agency individually and...

This Annex presents an summary of the cost and benefits examined in the accompaning main report produced for the study supporting the evaluation of EU Agencies: Eurofound, Cedefop, ETF and EU-OSHA. Values are presented in millions of euros (€) unless otherwise stated. The cost data is taken...

The European Training Foundation (ETF) is a European Union Agency which was established following the decision of the 1989 Strasbourg European Council to support Central and Eastern European countries in the development of their vocational education systems. The ETF's mandate, which corresponds...

This study aims to uncover interdependencies between two distinctive but increasingly influential dimensions in contemporary finance, namely, Environmental, Social, and Governance (ESG) and Sharia guidelines. We examine the long-term association between ESG and Sharia indices, along with ESG and...

This paper examines the use of ETFs by open-ended investment funds in the euro area to manage liquidity. We find that during the COVID-19 market turmoil, investment funds were the most run-prone investor type in the market for ETFs. We also show that open-ended funds that faced larger outflows...

Exchange-traded funds (ETFs) are typically considered to be passive investment vehicles designed to track a benchmark index. However, with the promulgation of the Securities and Exchange Commission's 2019 ETF Rule, funds are permitted the use of custom creation/redemption baskets. This change...

This paper aims to investigate the main mineral exchange-traded funds (ETFs) in terms of trading volumes on the New York Stock Exchange by measuring the volatility transmission among them and the connectivity of this market. Daily closing ETF data from 2019 to 2023 for platinum, silver, copper,...

Purpose Passive investing has established itself as the dominant force in the world of professionally managed assets, surpassing the concept of index funds. Its meteoric rise is fueled by investors' preference for its dual benefits of strong diversification and low cost. A comprehensive study of...

This study examines the link between stocks and decentralized finance (DeFi) in terms of returns and volatility. Major G7 exchange-traded funds (ETFs) and various highly traded DeFi assets are considered to ensure the robustness of the empirical experiment. Specifically, this study applies the...

In this study, we delve into the financial market to compare the performance of prominent AI and robotics-related stocks against traditional IT indices, such as the Nasdaq, and specialized AI and robotics ETFs. We evaluate the role of these stocks in diversifying portfolios, analyzing their...

This study evaluates whether exchange traded funds (ETFs) threaten fnancial market stability by testing two hypotheses relating the growing importance of ETFs to increased market volatility and rising equity valuations. We estimate quantile cointegration models using Standard & Poor's 500 Index...

We studied various fund investing options in the circular economy sector. We found that most circular economy mutual funds and exchange-traded funds charge higher fees and take higher risks than their benchmarks. However, they appear to have underperformed their benchmarks during their short...

The goal of this article is to study the relationship between investor sentiment and Euro area Exchange Traded Funds (ETFs), providing insights into the dynamics of market behaviour and the impact of consumer behaviour on investment patterns within the Eurozone. This paper has employed panel...

This study explores the financialization of agricultural commodities, focusing on how financial derivatives and index funds impact the volatility of agro-food markets. Using a Dynamic Conditional Correlation (DCC) GARCH model, we analyze volatility spillovers among key agricultural commodities,...