How come IWY’s trading volume is so low?

IWY is one of the large cap etfs with almost the best performance in the past 5 years. Yet it has very little average trading volume (553,485) compared to those of its kind, such as SCHG and VOOG.

It was initially introduced in 2009, the same as SCHG, how come it still has very little trading volume and unpopular with cheap price (192.32) considering it has been circulating for 15 years?



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