Active exchange-traded funds have turned into a huge hit with investors. If you still think they're a peripheral product, think again. ...

Investors have plowed more than $900 billion into U.S. exchange-traded funds so far this year. Investors are putting more money than ever into exchange-traded funds, and Washington just took a step that all but ensures the billions will keep flowing. U.S.-listed ETFs have taken in a net $917 billion through Sept. 29, according to FactSet. If that pace holds during the fourth quarter, when inflows tend to pick up, it will be the market’s second straight record year. In 2024, ETFs added $1.1 trillion.  ETFs, ...

ETF Market Overview - The ETF market has seen net inflows of over $855 billion this year and is on pace for another $1 trillion year [1][2] - ETFs are attractive to investors due to their liquidity, cost efficiency, and transparency [2] Emerging Markets Debt (EMD) - EMD ETFs experienced flat flows for the year but have seen a reversal with approximately $20 billion in inflows in the last four and a half months, following over three years of sustained outflows [3] - The macro backdrop for emerging markets is considered benign, supporting potential investment [4] - A weaker USD and the Fed initiating a rate hiking cycle have historically been supportive of EMD [5] Active vs Passive EMD ETFs - Historically, around 70% of actively managed EMD funds have outperformed passive ones over the last 10 years [7] - Newberger Berman has an active ETF hard currency sovereign vehicle [7] EMD Market Dynamics - Approximately $150 billion, representing 15-16% of all assets in dedicated vehicles, had left the EMD asset class until April of this year, indicating substantial capacity for investors to re-enter the space [8] - Emerging markets are growing at stronger rates with better fundamental and fiscal dynamics, including lower public debt to GDP ratios compared to developed markets [9] - Mexico's public debt to GDP is expected to be around 55% in 2026 [9]

Group 1 - Harbor Capital is an asset manager that focuses on curating a select suite of active ETFs [1] - The company believes these ETFs have the potential to produce compelling, risk-adjusted returns within a portfolio [1]

Group 1 - Harbor Capital is an asset manager that focuses on curating a select suite of active ETFs [1] - The company believes these ETFs have the potential to produce compelling, risk-adjusted returns within a portfolio [1]

Group 1 - Harbor Capital is an asset manager that focuses on curating a select suite of active ETFs [1] - The company believes these ETFs have the potential to produce compelling, risk-adjusted returns within a portfolio [1]

Core Insights - Harbor Capital is an asset manager that focuses on a carefully selected suite of active ETFs aimed at generating compelling, risk-adjusted returns within investment portfolios [1] Company Overview - The company specializes in curating active ETFs, indicating a strategic approach to investment management [1] - Harbor Capital emphasizes the potential for their ETFs to deliver attractive returns while managing risk effectively [1] Communication Note - It is noted that the account is not managed or monitored by Harbor Capital, and inquiries should be directed through official channels [1]

And welcome back to halftime with your we have your ETF edge. We're seeing two big pushes in the industry this week getting very different receptions. Let's jump right into it.Joining me now is independent ETF expert Dave Natig. Dave, thanks for joining us. Thanks for having me.All right, let's start off first. I get back to those two big players diving into the active management arena. We got billionaire investor Ron Baron launching his own fund and lowcost king Vanguard filing for a new fundamentals fund ...

Core Insights - J.P. Morgan Asset Management has launched the JPMorgan Equity and Options ETF (JOYT), expanding its Equity Premium Income Suite to meet client needs for total return [1][3] - JOYT aims to integrate dividends, options premium, and capital appreciation to deliver robust returns with lower volatility compared to the U.S. large-cap market [2][4] - The fund is competitively priced at 35 basis points, aligning with the pricing of existing products JEPI and JEPQ [4] Company Overview - J.P. Morgan Asset Management manages $3.8 trillion in assets as of June 30, 2025, serving a diverse clientele including institutions and high net worth individuals globally [5] - JPMorgan Chase & Co. reported $4.6 trillion in assets and $357 billion in stockholders' equity as of June 30, 2025, positioning itself as a leader in various financial services [6]

ETF Market Trends - Year-to-date net ETF inflows have topped $645 billion [1] - Active ETFs accounted for approximately 25% of flows in June, while passive ETFs accounted for 75%, indicating active ETFs are gaining ground [3] - Over the last 12 months, US equities have seen approximately five times the inflows of international equities, but in the last month, international equity has overtaken US equity [4] Investment Opportunities - Non-US investments have benefited from a tailwind due to the dollar, with a difference of around 10% between hedged and unhedged returns [7] - Small caps have not been favored in the US, but have performed well in non-US developed markets and emerging markets over the last five years [7][8] - American Century suggests considering international developed small cap strategies like ABDV and ABDS, with ABDV recently surpassing $10 billion in total assets under management [11] - Small cap companies with good valuations and profitability have historically been some of the best performers long term in US, non-US developed markets, and emerging markets [14] Market Outlook - Optimism surrounds potential trade deals, which is viewed as a positive factor [6] - Uncertainty in the current trade environment may create niche opportunities for small cap companies [15][16] - Diversification through exposure to smaller companies can provide opportunities often overlooked by large-cap focused strategies [13]