My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
‘Crash-protection mode’ helps managed futures ETFs crush rivals by Steve Johnson
“There is a case that you need to diversify your diversifier.”
Currency-Hedged ETFs Start to Make a Comeback by Lori Ioannou
“Nearly every one of the ETFs has outperformed its unhedged counterparts as the dollar continues its upward trajectory.”
Are ESG ETFs a gimmick? by Noah Sheidlower
“Nearly 90% of stocks in the S&P 500 are in an ESG fund that uses MSCI ratings.”
The Power Of Anti-Something ETFs by Cinthia Murphy
“That’s the beauty of ETFs living up to their reputation as the ultimate democratizer of market access.”
Advisors Find Safety Attractive by Todd Rosenbluth
“Advisor interest in ultra-short fixed income ETFs stems from the funds’ relative safety and ability to provide a modest income.”
Jim Cramer Slams Inverse ETF Targeting His Stock Picks, 6 Days After Making His ‘Only Comments’ by Chris Katje
“In less than one week, Cramer has changed his mind on what he thinks of an ETF aimed at his comments.”
ETF Tweet of the Week: It’s been extremely quiet on the bitcoin ETF front, with not much news recently other than the SEC continuing to deny all comers. A tumultuous market environment and bitcoin’s putrid performance have certainly played a role in the lack of interest; however, that doesn’t mean heavy lifting isn’t being done behind the scenes (click tweet to read entire thread)…
We’ve filed the opening brief in our lawsuit against the SEC, challenging their decision to deny our application to convert $GBTC to a spot Bitcoin ETF.
A “brief” thread:
— Grayscale (@Grayscale) October 12, 2022
ETF Chart of the Week: 95% of stock ETFs and 95% of bond ETFs have negative returns over the trailing 12 months (left chart below). While occasional sharp downturns are the “price of admission” in stocks, investors can usually count on bonds – especially higher quality bonds – to offer refuge during these periods. Not in 2022. For comparison, the majority of bond ETFs were positive during 2008’s stock market carnage (right chart).
Source: Bloomberg’s 