NEW YORK (TheStreet) -- It is hard not to ignore the latest spurt of fund closures hitting the ETF industry.
In the time since the SPDR S&P 500 ETF (SPY) first appeared on the scene in the early 1990s to today, the exchange-traded fund industry has exploded in popularity.
Today, with funds such as Market Vectors Steel ETF (SLX), iShares Gold Trust (IAU) and PowerShares DB Agriculture Fund (DBA), investors can efficiently tap into not only broad markets, but also individual slices and subsectors of the economy.
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