My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“We prefer a spot bitcoin ETF, and we’re trying our best to work with the regulators in the U.S. to get them comfortable with our framework.”
“What’s happened at ARK is a counterblast to the belief that ETFs are superior in every way to mutual funds.”
“Active ETFs, which were all the rage in 2021, are expected to continue their upward trajectory in 2022.”
“Getting investors’ attention is half the battle and the word inflation is doing that right now.”
“Financial advisors need to look inside a model portfolio to understand the risk and reward traits of the underlying holdings. While using an ETF filled with only products from one firm is easy, it is not always prudent.”
“Active equity mandates fared better in 2021 than in prior years, as only 50% of managers underperformed their benchmarks last year.”
“Don’t make Beef Wellington with cow tongue, and understand the details of fund factor exposures in your portfolios.”
ETF Tweet of the Week: ETFs are now driving the lion’s share of Vanguard’s asset growth, a reflection of overall investor demand for the products compared to traditional mutual funds…
Here's look at the passive battle inside Vanguard as ETFs keep eating into TIF (traditional index fund) market share. Vgrd says only $13b of their 2021 ETF flows were ppl moving from MF to ETF share class, which means most is naturally driven. Good long-term sign for ETFs. pic.twitter.com/svMeG3PoAf
— Eric Balchunas (@EricBalchunas) January 10, 2022
ETF Chart of the Week: ETF trading volumes set a new record in 2021, hitting $36 trillion. That volume represented 25% of all trading on US exchanges.
Source: State Street’s Matt Bartolini