Worldwide Exchange: ETF Flows Week of September 29

ETF Market Overview - ETF market net inflows have topped $923 billion this year, on track for another trillion dollar year [1][2] - ETFs are popular due to transparency, tax efficiency, and surpassing other investment vehicles [2] Top ETF Inflows - Top ETF inflows included VGT (Vanguard Information Technology Index Fund), GLD (a gold ETF), and XLF [3] - Investors are interested in gold and technology [4] Crossmark Investments' ETFs - Crossmark launched two ETFs two months ago: large cap growth (CLCG) and large cap value (CLCV) [5] - Investors are moving money from SMAs and mutual funds into ETFs [6] CLCG (Crossmark Large Growth ETF) - CLCG invests in growth stocks with reasonable valuations (price to free cash flow) and high returns on equity profitability [8] - Holdings include some of the "mag seven" and financial stocks [9] CLCV (Crossmark Large Value ETF) - CLCV provides exposure to value stocks, particularly financials, banks, and financial service companies [10][11] - Banks are considered cheap relative to the market, benefiting from deregulation [11] Investment Strategy - A balanced portfolio is recommended, and investors should consider the value ETF to complement overweight growth positions [10][12] - Some investors are allocating 50% to each of the growth and value ETFs [13] - Value is cheap relative to growth, offering a risk-reward opportunity [13]