My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“35 different stocks are represented in the filings.”
“This is a classic case of something that isn’t an issue until it is.”
“The Securities and Exchange Commission has just approved leveraged and inverse ETFs on single stocks. As they say on social media, I’m left SMH.”
“Despite index funds’ increased popularity, the index inclusion effect has generally trended downward over the past 25 years.”
“An unforgiving year for markets has put do-good investing firmly in the back seat.”
“Most of the biggest dividend ETFs outperformed the broader market.”
“As we stand today, the futures-based ETF is not at all a second-class citizen.”
“The prospect of a bitcoin spot ETF isn’t likely to drive big digital-asset exchanges to subject themselves to the level of scrutiny the SEC requires.”
ETF Tweet of the Week: While lagging their 2021 record-setting pace, ETF inflows are still posting a highly impressive year given the tumultuous financial markets. The tired refrain from naysayers is that ETF investors will fold in rocky markets. This despite the fact that ETFs vacuumed-up assets following 2008’s Global Financial Crisis, 2018’s fourth quarter meltdown, 2020’s Covid Crash, among other examples. Every time there’s a significant market pullback, investors run from expensive, underperforming investment vehicles into ETFs’ waiting arms…
Remember how people say money in ETFs will prove to be panicky when markets are rocky?
Net ETF inflows hit $45.9bn in June, bringing year-to-date net inflows to $463.8bn, according to @deborahfuhr. 37th consecutive month of inflows, and second-fastest run rate on record.
— Robin Wigglesworth (@RobinWigg) July 20, 2022
ETF Chart of the Week: Retail investors have been huge buyers of ETFs over the past few years, plunking $270+ billion into the products since January 2019. That represents about 72% of all net retail buying based on data from Nasdaq Data Link. If only ETFs received half the media attention that meme stocks did…
Source: Nasdaq’s Phil Mackintosh