Hey friends - This week we’re looking at the $6.5 trillion industry that is exchange-traded funds, more commonly known as ETFs. Not bad considering they didn't exist before 1993. Many of you are probably invested in ETFs, especially those passive ones that try to mimic the performance of an index like the S&P 500. The same basic structure can be used for an active ETF like Cathy Wood's much-hyped ARK Innovation ETF or the Bitcoin Futures ETF that just launched.
Fat Tailed Thoughts: How ETFs Work
Fat Tailed Thoughts: How ETFs Work
Fat Tailed Thoughts: How ETFs Work
Hey friends - This week we’re looking at the $6.5 trillion industry that is exchange-traded funds, more commonly known as ETFs. Not bad considering they didn't exist before 1993. Many of you are probably invested in ETFs, especially those passive ones that try to mimic the performance of an index like the S&P 500. The same basic structure can be used for an active ETF like Cathy Wood's much-hyped ARK Innovation ETF or the Bitcoin Futures ETF that just launched.