My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
The Benefits and Drawbacks of Active ETFs by Ben Johnson
“Active ETFs are not a contradiction, but an innovation.”
Commodity ETFs Need Some Love by Drew Voros
“If you omit gold ETF assets from the picture, this is a forlorn group of ETFs chasing scarce dollars.”
ETF Tweet of the Week: ETFs are on pace to celebrate an *annual* inflow record complete with barbeque, fireworks, and six months to spare!
U.S. ETFs are going to break their annual flow record, and it could happen around July 4th — with 6 months to spare. Current record is around $497 Bln from 2020. Currently taking in $3.9 Bln per DAY.
For context, ~$4 Bln per day makes for $1 trillion in annual flows. pic.twitter.com/yCBvsxZ0OM
— James Seyffart (@JSeyff) June 3, 2021
ETF Chart of the Week: While not specifically related to ETFs (though there was some impact), meme stocks stole the show this week. The below chart displays the history of tickers mentioned on r/WallStreetBets over the past 90 days. Note AMC’s recent surge.
Source: Joe Weisenthal / YOLO Stocks
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