Like @Mark, we also own CGDV and pair it with CGGO (global growth). So far so good.
We have had good experience in the previous 401(k) with American’s stock picking process and multiple managers. The active managed ETFs are not clones of the American funds, but much easier to gain access and reasonable cost (ER) to American funds.

My pleasure.
2019 was last year the world was normal.
COVID wrecked a lot, like all world wars.

Interest rates were far from normal, and had been for quite some time.

BTW, M* portfolio performance tab is currently screwed up. My YTD shows 21%. It should be more like 12%.

KRE +4.21%
I did even better. First time in 3,900 years. Mr. Market will take it back tomorrow.
BHB.

My pleasure.
2019 was last year the world was normal.
COVID wrecked a lot, like all world wars.

@Charles
Thank you very much for your explanation and detail.
I would just add this as further explanation for my prior post and questions.
Maybe to people in the industry, and maybe to avid ETF investors, of which I am neither, "Cathie was the flavor for seven years ... and then 2022 came." You would know that, and I did not.
But to the proverbial average investor, Katie Wood was not a household name until ARKK's (and other funds of hers) had parabolic gains starting on that infamous date, March 20, 2020, the depths of the COVID sell off.
Then in Feb 2021, the first leg of per parabolic drop started, and by June 2022, ARKK was back to its March 2020 level.
She stayed a mainstay on the interview circuit for a while, but the average investor had moved on from her. So for me, and I trust many other average investors, she had a newsworthy shelf life of about three years at most. She's been pretty much out of sight, out of mind for me since sometime in 2022.
But I do understand now why you posted what you did. Thanks again for the history lesson and insights.

Factoid:

The reshuffle led to some stunning stats. The S&P 500 dropped 1% even as 400 of its members rallied. A version of the benchmark index that strips out market-cap bias surged 1.2%, beating the weighted index by the most since November 2020.

dinky linky.
SPGP, RWL, and SPHD were up today. SPHQ was down, but not quite as much as SPY.
Saw a paywalled blurb at Marketwatch saying the smart people are wondering where the beef is with AI.
The article about the 493 that I posted the other day also suggested that folks are getting itchy to be doing something else.
We shall see what tomorrow brings

There are HUGE moves in the NYSE & SP500 %Above 50-dMA.
https://stockcharts.com/h-sc/ui?s=$NYA50R&p=D&b=5&g=0&id=p86187558912

Charlie Bilello called it a reversal day. X/Twitter LINK
"Today was one of the wildest days in markets you will ever see. A complete reversal of all of the major secular trends in recent years.
The Losers Became Winners...
Regional Banks $KRE: +4.2%
US Small Caps $IWM: +3.6%
REITs $VNQ: +2.9%
Japanese Yen $FXY: +1.8%
Long Duration $ZROZ: +1.4%
Value $IWD: +1.1%
Emerging Markets $VWO: +0.8%
Developed International $VEA: +0.4%
---
The Winners Became Losers...
US Dollar $UUP: -0.5%
US Large Caps $SPY: -0.9%
Growth $IWF: -2.1%
Nasdaq 100 $QQQ: -2.2%
Apple $AAPL: -2.3%
Amazon $AMZN: -2.4%
Microsoft $MSFT: -2.5%
Tech $XLK: -2.5%
Google $GOOGL: -2.9%
Semiconductors $SOXX: -3.3%
Netflix $NFLX: -3.7%
Meta $META: -4.1%
Nvidia $NVDA: -5.6%
Tesla $TSLA: -8.4%"

BaluBalu +1

@stillers. Yep. Agree that's where most of the clamor came in 2020/2021. There were lots of 100% Club funds during that time and a few 200% Club funds.
See David's commentary: "291 funds (and uncounted ETFs) have 12-month returns in excess of 100%."
But in the years leading up to COVID, Cathie ruled, seriously.

Both of the below links are active; meaning the data shown is current dependent upon the viewing time. The 'etf' link is active during 'markets open' periods, showing data with a 15 minute delay. The closing daily data will stay in place until the next trading day begins (US markets are open). The page is linked with the '%Chg' column selected, which is a daily column. You may select any other column to sort returns for that time frame.
Major global and U.S. etf categories This list is set with %Chg, which will be for changes for today, July 10; being from most positive to most negative returns.
Per a request, this link is added to this thread at this beginning page.
The data shown is an indicative gauge of direction and isn't a monitor of trading in an open and active market. REF: Finviz shows about +5% at midnight for Japan; while the active and open market there is +10% at this time.
FINVIZ futures
3pm, Thursday:
Peeking around areas I watch, one finds weakness today with the Mag 7, and money flows to the Russell 2000; and other equity sectors. With lower inflation reported and possible FED rate cuts in the future, of course; one also finds interest rate sensitive areas having gains. The reported inflation is about 3%. Not the 2% the FED wants but probably close enough. Somewhere I have a link that expresses that the very long term official average CPI is 3.3%.
Bond yields, of course; have dropped today, per the hope of a rate cut. Many traditional bond funds first moved to small positive YTD returns last week. Those holding most bond funds today with find a nice price bump.
Well, enough from me. Let us discover what B of A and the other big players have to say. :)
Remain curious,
Catch

Cathie was the flavor for seven years ... and then 2022 came.

Huh? Seven years? Until 2022?
You got me there.
ARKK's heyday was all of 2020 to very early 2021.
https://www.cnbc.com/quotes/ARKK?qsearchterm=arkk
(Set graph to "ALL.")
After early 2021, she was still regularly in the news but only to try to 'splain why her funds were in disaster mode.

Apparently as the Schwab-TDA merger took shape, the company tried to walk the line between "not upsetting their existing customers" (mainly 'stodgy' B&H types) when trying to integrate a more active type of investor/trader from TDA ... my sense is that they erred on the side of caution to respect their existing asset base and didn't want to upset their more conservative investors with dramatic changes. So as a result, many TDA migrants are upset w/the Schwab experience.
That said, cash management issue at Schwab is just 100% customer-unfriendly and inexcusable, and adds an extra step/more friction to doing things, and their failure to allow DRIP of Canadian stocks is just annoying.
Speaking of idle cash, in 2023 Schwab made 50% of their revenue from interest on uninvested cash 25% from asset management (incl Schwab ETFs) 17% from trading (commissions and PFOF).

Here's same plot but with absolute scale and since inception ... an awful lot of wealth destruction, if things end today, at least for the those late to the party. Earliest investors have still doubled their money, over 10 years.

Cathie was the flavor for seven years ... and then 2022 came.
Amazing to me that returns are down 64%, but outflows only 16%. Pretty loyal fan base! Not sure Berkowitz fared as well.

Something made me think of this today. I was on board those many years ago when it was the hottest thing going, the manager the focus of much adulation. Seem to recall I exited with a gain, but one much reduced from the top. Its fall from grace is old news. Hard to believe the following though:
--The fund still has over $1 billion AUM.
--Over one-third of those assets belong to the manager.
--80+% of the fund is invested in a single security.
--The fund charges 1% per annum for the privilege of ownership. (To a large extent the manager is paying himself.)
--Over the past 10 and 15 years the fund's returns land in the bottom 1% of its category (according to you-know-who).
--You-know-who accords the fund its Silver medal. (Huh?!)
Investing is such a personal endeavor it's difficult to understand what some people are thinking.

Having tried Treasury auto-rolls at both Fido and Schwab, IMO, Fido does it better.
Fido coordinates it with maturing Treasury & roll occurs on the same says as maturing Treasury. Auto roll can be canceled online once triggered but before the next auction date (it can be canceled by phone anytime).
Schwab first gets the money in hand and then proceeds with the roll. So, there is possible delay of 1 week or more (depending on the next auction date).

Having recently (re)opened a Schwab account, I have a different set of observations vis-a-vis Fidelity. While my first impressions of Schwab below are largely negative, keep in mind (as I do) that using a new site is a learning experience and that I'm inclined to look first for things I know I can do at Fidelity as opposed to looking for new things.
Changing default fund cost basis from average cost to actual cost (mutual funds):
- Schwab requires paper form
- Fidelity allows change online
Power of attorney form filled in office:
- Schwab requires me to go to third party for notarization
- Fidelity will notarize on the spot
New issue treasuries, expected (indicative) yields
- Schwab does not provide - Fixed income desk suggested looking at recent trades
- Fidelity and Vanguard give ballpark figures (actual yields not known until auction)
Trading mutual funds, fixed income with desktop application:
- Fidelity Active Trader Pro supports
- Schwab ThinkOrSwim does not support these trades (per webpage, link below; I haven't downloaded and tested)
https://www.schwab.com/trading/thinkorswim/compare-platforms
Fixed income pricing ($1/bond):
- Schwab has $10 min commission
- Fidelity has $1 min commission
Fixed income quotes
- Schwab quotes prices including markup (it seems), so yields are "true"
- Fidelity quoted prices are before markups - shown only on trade page - so yields appear higher, but are actually the same
- Schwab does not show YTW figures for all bonds, effectively forcing sort on YTM
- Fidelity facilitates sorting on YTW
- Depth of book presentations are similar (pop up windows)
- Fidelity opens new tab for trade, leaving bond search window intact
- Schwab uses existing tab for trade and "back to search" button resets search instead of restoring existing search
Mutual fund research - sites are comparable, basic stuff and docs; neither offers M* reports. Schwab used to provide M* reports years ago.
If you're a trader in stocks, Schwab may be superior as OP stated. For my interests (largely OEFs and bonds, some ETFs), so far Schwab isn't impressing. Though that could be due to lack of familiarity.