ETFs

In one proposed change, the SEC would expand an existing rule to ensure funds labeled ESG invest at least 80% of their assets in a way that lines up with that strategy.

Roughly $11.9 billion has been pulled from sector exchange-traded funds so far in May, putting the category on track for the biggest monthly drawdown on record.

Short interest as a percentage of shares outstanding in the ARK Innovation ETF (ARKK) has dropped in recent weeks.

Despite increasing popularity, ESG faces many head winds, namely modest adoption in retirement plans and mixed returns.

Today’s staggering array of investment options provides a false sense of meaningful diversification, writes a managing director of Chilton Trust.

The S&P 500 is dominated by big tech, which was good news on the way up. Not so much on the way down.