Industry- and sector-specific ETFs gathered $18 billion in net inflows in the first half of the year, a strong showing for a small asset class.
The firm will launch four actively managed equity ETFs this year, with plans to cover other asset classes over time.
Look beyond a fund’s published alpha.
Vanguard Group and State Street Corp. say they’re in wait-and-see mode as active, non-transparent funds take their crucial first steps in the $4.3 trillion U.S. arena for ETFs.
These funds lost the most money over the past 30 days.