After another year of rapid growth, the U.S. ETF industry is evolving into price-based segments, each with distinct product offerings and market leaders. Net inflows into U.S. listed ETFs year-to-date in 2025 have already exceeded 2024’s annual inflow record of $1.2 trillion and are going into different price categories. Most assets in the low-cost (0%-0.25% net expense ratio) segment are currently in traditional beta ETFs (see Figure 1), while the medium- (0.26%-0.75%) and high-cost (>0.75%) segments are n ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Sowell Management, a $6 billion AUM North Little Rock, Ark.-based RIA, has formed a partnership with global asset management firm Rayliant to incorporate the latter’s investment research and strategies into its OCIO platform. Rayliant’s focus is on developing asset allocation strategies using smart beta ETFs. As part of the partnership, Rayliant founder and Chairman Jason Hsu, PhD, has assumed th ...