While the greater S&P 500 lost 20% in the first quarter, some multifactor ETFs demonstrated relative performance success. As with all funds, it's what's inside that matters.
The Fed’s pledge last week to buy investment-grade credit and certain ETFs helped halt the slide in mutual fund net-asset values and sparked a rally in higher-rated debt.
ETFs that stand to benefit from Fed buying are now rallying.
Unprecedented mutual-fund outflows will exacerbate the stampede out of corporate and municipal debt already set in motion by the coronavirus outbreak.
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Jul 23, 2021
Hear from David Sharp of Vanguard share his thoughts on how the ETF market is evolving