Active ETFs now outnumber passive funds in industry watershed moment
The ETF market has hit a symbolic turning point: active funds now outnumber passive ones for the first time, marking a sharp break from the industry’s index-tracking origins — even if actively managed assets still account for just a tenth of assets.
Roughly 51% of the nearly 4,300 US-listed exchange-traded funds are ones overseen by fund managers who have more discretion to pick stocks or other securities,
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Read MoreThe Burst
Bull Vs Bear Case for Apple
Apple (AAPL) has created an unparalleled ecosystem, consistently reports strong financials, and has ultra-loyal customers — collectively resulting in a wide moat. Considering shares are down around 25% year to date, it may be a tempting buy, but could the tech giant’s stock dip even further?
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Read MoreThe Ivy
Market Commentary: 1 Premier Bank Stock Bursts Higher
Despite its role as a low-fee trailblazer, 2023 has been a really rough year for Schwab, down 34% year-to-date. But recent developments hint at the fog of uncertainty lifting. Indeed, Schwab CEO Walt Bettinger described the company’s current struggles as a “dense fog.” This opacity primarily stems from deposit outflows, unrealized losses on securities, and rising interest rates.
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