Bloomberg Businessweek

This Is Your Exchange-Traded Reality Check

ETFs are a fast, easy way to invest. Sometimes it’s better to slow down and think again

There’s no way to talk about the markets anymore without talking about exchange-traded funds. In January, $79 billion flooded into U.S. ETFs as the S&P 500 hit record highs. And when the bull market finally stumbled, the money poured out quickly, too—about $31 billion in one week. That’s hardly a surprise. More than $23 billion came out of the giant SPDR S&P 500 ETF, which is known by the ticker SPY and invests in the companies in the S&P 500. For investors from hedge fund managers and algorithmic traders to retirement savers, buying and selling

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek6 min readPolitics
Digging Trenches In a Trade War
Wall Street’s pundit class sprung dutifully into action as the tariff fight between the U.S. and China suddenly escalated this month, dashing off pages upon pages of investment advice peppered with metaphors and anecdotes intended to help clients wra
Bloomberg Businessweek3 min read
About That IPO
Uber Technologies Inc.’s stock market debut on May 10 was the biggest, most eagerly anticipated U.S. initial public offering in years. The ride-hailing company raised $8.1 billion through the share sale and at the moment of going public was valued at
Bloomberg Businessweek6 min read
A Costly Farewell
The politics of Brexit get the headlines, but the toll on business is grim in advance of the split