The ETF Industry ETF

It was only a matter of time before someone created an ETF to track the ETF industry. With last Thursday’s introduction of the ETF Industry Exposure & Financial Services ETF (TETF), that time has come. The event prompted multiple reactions, including “what took...

Celebrating 2,000 ETFs

Today, April 26, 2017, for the first time ever, you have 2,000 U.S.-listed exchange-traded funds (“ETFs”) and exchange-traded notes (“ETNs”) from which to choose. This is a celebration of a significant achievement, much like the 1,000 ETF listings milestone that was...

Defensive Sectors at the Top

Defensive sectors are on the rise and already control the top of the rankings. Real Estate, one of the new-era defensive sectors, has joined Utilities at the pinnacle, and the traditional defensive sector of Consumer Staples sits in third. None of the factor ETFs were...

ETFs-of-CEFs

Closed-end funds (“CEFs”) are different animals from exchange-traded funds (“ETFs”) and traditional mutual funds. CEFs do trade on an exchange, like stocks and ETFs, which leads to some confusion. However, they cannot create and redeem shares in response to changes in...