A NOTE FROM BOB
The year in review, and what's ahead for 2022. The ETF world in 2021 was dominated by three topics: crypto (and the lack of product), ESG, and thematic tech as Cathie Wood rose to superstardom. Inflows hit historic records, likely north of $800 billion. And yet most of the money went to boring plain vanilla ETFs (S&P 500, Nasdaq 100, Russell 2000). Only a fraction of the inflows went to crypto (bitcoin futures), ESG, and thematic tech. Why has the press focused so much on these "shiny new objects" and ignored the evidence that investors are primarily focused on long-term investing and broad index funds?
Find out Monday on ETF Edge when our guests will be the master of thematic tech ETFs, Jay Jacobs, from GlobalX, and along with all-around ETF expert Alex Shepard from ETF Action. We will also look ahead and try to pick the "shiny new object" for 2022!
ETFedge.cnbc.com at 1 PM ET!
Cathie Wood starts an ESG ETF. The ARK Transparency ETF (CTRU) invests in the 100 most "transparent" companies in the world with a focus on higher environmental, social and governance standards. Cloudfare Inc (NET), Bloom Energy Corp (BE), Tesla Inc (TSLA), Nvidia Corp (NVDA) are among the top holdings.
This sounds a bit late. Roundhill has launched the Roundhill MEME ETF (MEME). Roundhill hit momentum lightening in July when it launched the Roundhill Ball Metaverse ETF (META) just as the Meta "meme" was peaking. But a "meme" ETF? This screens companies based on social media activity and short interest. Seems a bit 2020, but let's keep an eye on it. META was a big hit.
For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge. |
KEY STORIES
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Watch now: ETF Edge on the advent of 24-hour trading and its impact on markets | |||||
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Mutual fund heavy hitter Dimensional's co-CEO highlights fixed income launches, equity ETF filings | |||||
Mutual fund player Dimensional Fund Advisors sees significant client demand for new exchange-traded funds, co-CEO Gerard O'Reilly says. | |||||
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Small-cap and value stocks are poised to keep climbing in 2022, says one of the world's top asset managers | |||||
Small-cap and value stocks tend to maintain outperformance in the 12 months following a strong year, said Dimensional co-CEO Gerard O'Reilly. | |||||
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IN CASE YOU MISSED IT
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