FYI: Being big isn’t everything in the $4 trillion market for exchange-traded products. Smaller managers are ruling the roost this year.
Eight of the 10 best-returning ETPs in 2019 have less than $100 million in assets, and none of them is run by a mega-manager like Vanguard Group or BlackRock Inc., according to data compiled by Bloomberg. But those aren’t the only things they have in common: All also use leverage to juice their returns.
Regards,
Ted
https://www.fa-mag.com/news/you-won-t-find-vanguard-funds-among-2019-s-best-performing-etfs-45638.html?print
