My favorite ETF reads over the past week, along with my ETF chart of the week!
“These products solve a very, very real-world problem by letting investors stay invested when they might otherwise hit a panic button and sell.”
“If you believe online sports betting is the next big thing, this fund will capture everything from back-office infrastructure to front-facing retail plays.”
“Competition has driven fees to zero in the case of a handful of index mutual funds and ETFs. The same forces that spawned these zero-fee funds have begun to spread to other corners of the fund market, where there is still ample room for fees to fall further.”
“Perhaps to nobody’s surprise, Robinhood users are big fans of thematic ETFs.”
ETF Chart of the Week: Last week, the US Global Jets ETF (JETS) surpassed $1 billion in assets after beginning March with $35 million. As of yesterday, JETS’ assets stood at nearly $1.4 billion, the result of a near record-breaking 70 straight days of inflows! That’s good enough for the third best ETF inflow streak of all-time. Unsurprisingly, Vanguard dominates the rest of the top ten…
Source: Bloomberg’s Eric Balchunas