My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“Noteworthy among these milestones are fee cuts on the original share class (VTSMX), the introduction of Admiral shares in 2000 (VTSAX), and the ETF share class (VTI) in 2001.”
“Kind of like Willy Wonka throwing open the factory doors, Dimensional has rolled out its first exchange-traded funds.”
“There’s no border for great companies. There’s no border for great ideas or themes. A compelling investment theme makes sense globally.”
“Exchange-traded funds aren’t impervious to distributing capital gains, but most have avoided them, giving them a leg up over mutual funds in a taxable setting.”
“Time waits for no one, and it won’t wait for the SEC.”
“The move to a new family of more diversified benchmarks from the low-cost index provider could portend a new front in the ETF fee war.”
“The direction of travel is very clearly towards the ETF format because it’s more cost efficient, more tax efficient, more easily accessible for a larger number of investors than mutual funds ever can be.”
“I can diversify so easily with just $5 at a time. By using ETFs, I had diversification.”
ETF Tweet of the Week: Oh, look, another crypto product trading at a massive premium and available to retail investors. It’s long past time for a bitcoin ETF…
— James Seyffart (@JSeyff) December 17, 2020
ETF Chart of the Week: The Vanguard Total Stock Market Index recently became the world’s first $1 trillion fund. VTI, the fund’s ETF share class, launched in 2001 and is currently the third largest ETF.