SPDR

The new fund is part of State Street’s larger plan to push into so-called thematics.

Those with outflows cost clients more than twice as much.

Some have piled into utilities and long-duration Treasury hedges, while others bulked up exposure to rate-sensitive banks and a chunk did a bit of both.

The fund recorded its biggest inflow since inception a week before plans from the S&P and MSCI to group together internet and media stocks.

The equal-weighted nature of XBI gives the fund greater exposure to developing companies than similar products.

The expense ratios for these funds were closer to that of the average actively managed equity mutual fund.

Fees were nearly half the price of the top-performing active funds.

The SPDR fund’s assets have surged over 23% this year to a record $16 billion as the retailer inches closer to America’s second trillion-dollar company.

Investors moved nearly 2 million shares worth $55 million into two SPDR funds in a matter of hours.

Volatility has returned in 2018, while easy stock gains have vanished.

While passive funds track an index, active managers can still beat the averages and earn the much-discussed small-cap premium.

A fund weighted against brick-and-mortar businesses dropped 13% while the industry’s largest retail product tripled the return of the broader benchmark.

“Securities that offer souped-up returns are just too dangerous,” says Executive Vice President Jim Ross.

The answer depends on your perspective, and whether fear or greed is the defining mood on Wall Street.

Like selling a car, asset managers can list their products’ specifications, but that isn’t always enough.

The $5.7 billion fund slumped 2.6% in premarket trading after finding itself in the crosshairs of tit-for-tat tariffs between the U.S. and China.

This time inverse leveraged technology funds are at the center of the action.

Growth funds have performed best over the past decade, outpacing value funds.

The financial crisis hurt banks' ability to pay dividends — now they may be on a comeback.

The last time the industry’s largest ETF experienced redemptions close to this pace was before the financial crisis.