The 10 fastest-growing ETFs of 2010

Since the first batch of iShares funds debuted in May, 2000, the exchange-traded fund (ETF) industry has grown almost 20 times in size. And it all happened during the so-called lost decade, when the stock market made virtually no gains.

Despite sizable outflows from mutual funds in 2010 and fallout from the flash crash last spring, ETFs are gaining in popularity, raking in $85 billion through the end of October. These 10 ETFs have shown the fastest growth in 2010, according to Lipper, a unit of Thomson Reuters. And what’s surprising is that they are so diverse, with investment strategies focusing on U.S. Treasuries, China, U.S. equities, corporate bonds and even Colombia.

		Total Net	Total Net	YTD
Fund Name	Ticker	Assets (Mil $) 12/31/2009	Assets (Mil. $) 10/29/2010	% Change in TNA
iShares:Russell 200 Value Index	IWX	3.8	191.8	4,947
iShares:Russell 200 Growth Index	IWY	5.4	206.4	3,722
Global X InterBolsa Colombia 20	GXG	7.2	189.5	2,532
iPath ETN SP500 VIX MT A	VXZ	62.1	982.1	1,481
Global X China Consumer ETF	CHIQ	12.4	174.9	1,310
Vanguard S-T Gov’t Bond Id;ETF	VGSH	6	82.2	1,270
Vanguard L-T Gov’t Bond Id;ETF	VGLT	5.7	76.9	1,249
Vanguard S-T Corporate Bond Id;ETF	VCSH	67.4	893.2	1,225
PowerShares Build America	BAB	43.7	569.6	1,203
SPDR Barclays Short-Term Corporate	SCPB	14.9	182.8	1,127

Data: Lipper
Through 10/29/2010