My favorite ETF reads over the past week, along with my ETF chart of the week!
“While these changes may seem ‘inside baseball’, the end result is a creation/redemption process that functions more smoothly.”
Leveraged ETP popularity raises gambling risk, experts warn by Steve Johnson
“It’s almost certain that you have got a number of people using these products who don’t know, effectively, what they are doing.”
“If you find a thematic ETF appealing, it’s generally prudent to keep the position small and do your homework before buying.”
“Almost a third of all existing ETFs were launched within the past three years, yet they account for only about $2 of every $100 currently invested in the industry.”
ETF Chart of the Week: Bloomberg’s Athanasios Psarofagis highlights the enormous dispersion in returns this year between the best-performing large cap value ETF, the Fidelity Value Factor ETF (FVAL), and the worst performing, the iShares Focused Value Factor ETF (FOVL). Value-focused ETFs as a whole continue to underperform the broader market.