Coronavirus Killing ETF Myths
There was no ETF death spiral. ETF liquidity didn’t evaporate. The ETF tail didn’t wag the market dog. Despite ETFs successfully passing numerous tests including the Dotcom crash, Global Financial Crisis, and more recently, a 20% drawdown in the fourth quarter of...
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Coronavirus: Fears, Narratives, & the Stock Market
Following stellar performance in 2019 and a promising start to 2020, U.S. stocks fell into correction territory today (down 10% from previous high) on Coronavirus (COVID-19) fears. Year-to-date, the S&P 500 has declined approximately 7% after beginning the year up...
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5 ETF Predictions for 2020
I’m claiming 5 for 5 on my 2018 ETF predictions. Last year? 4 out of 5, yet I still think the one miss will pan out longer-term. So, what’s in store for 2020? I'm intentionally avoiding the obvious topics in my five predictions, but for those who are curious: ...
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ETFs – 2019 in Pictures
It's that time of year... a look back at some of my favorite ETF charts and pictures from an eventful 2019. Enjoy! Previous “ETFs in Pictures”: ETFs in Pictures I ETFs in Pictures II ETFs – Year in Pictures 2018 ETFs in Pictures: Fee Wars & the Future 2019's...
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Clip from Bloomberg’s ETF IQ
I visit with Bloomberg's Scarlet Fu about direct indexing, my concerns with non-transparent ETFs, and the rise of smart beta. ...
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Direct Indexing… The Next Big Thing?
The “Future of Investing”. The “Great Unwrapping”. The “ETF Killer”! The financial industry never lacks innovation and, apparently, the next big thing is here: direct indexing. A typical index mutual fund or ETF owns the components of a market benchmark in a...
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Wealth/STACKED: 5 Key Takeaways
The inaugural conference collaboration between Ritholtz Wealth Management and Inside ETFs was nothing short of a blazing success. With 700+ attendees and a sold-out Scottsdale, Arizona resort (yes, it was hot - thus, the blazing reference), the confab was an...
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ETF Fear Mongering
ETFs have existed for 26+ years. That’s longer than a third of the U.S. population has been alive. Through the Dotcom crash, the Global Financial Crisis, taper tantrums and more recently, a 20% market swoon in the back half of last year. ETFs have aged well through...
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Can Non-Transparent ETFs Lead Active Management to the Light?
“If you’re a mutual fund warehouse, you’re trying to figure out how to grow your business without giving away your secret sauce.” - Nichole Kramer, Manager of ETFs at Alps Inc. Most investors know the story by now. Actively managed stock mutual funds have bled...
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ETFs in the Empire State
It was back to the City of Dreams this week… Ben Carlson, who I actually met on the trip, summed-up my visit rather well: My tally after a quick 36 hours in NYC: -3.5 pieces of pizza -2 bagels -2 Chipotle bowls (not even ashamed) -1 clogged artery -7 lbs gained -1...
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