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Section

ETFs & Funds

Index funds, sector ETFs and what an expense ratio actually costs you.

ETF inflows at $1.52T + $0.02T = $1.54T make fees scale ETFs & Funds

ETF inflows at $1.52T + $0.02T = $1.54T make fees scale

U.S. ETF inflows cleared State Street's prior $1.52T record by $0.02T, so $1.52T + $0.02T = $1.54T. One basis point on that base is $154M a…

Oct 13, 2026 7 min read BlackMoney Desk ETF inflows broke records; fee drag is the real investor test ETFs & Funds

ETF inflows broke records; fee drag is the real investor test

U.S.-listed ETFs have already passed last year’s annual inflow record. The useful lesson is not momentum; it is what scale does to…

Oct 9, 2026 7 min read BlackMoney Desk ETF inflows broke the annual record, but the margin is still thin ETFs & Funds

ETF inflows broke the annual record, but the margin is still thin

State Street’s $1.54 trillion less its $1.52 trillion prior record leaves a $20 billion margin, or 1.3% after $20 billion divided by $1.52…

Oct 8, 2026 7 min read BlackMoney Desk ETF inflows broke last year’s record before year-end ETFs & Funds

ETF inflows broke last year’s record before year-end

The key margin is $1.54 trillion - $1.49 trillion = $0.05 trillion; $0.05 trillion / $1.49 trillion = 3.4%.

Oct 6, 2026 7 min read BlackMoney Desk ETF inflows have already beaten last year's full-year record ETFs & Funds

ETF inflows have already beaten last year's full-year record

US-listed ETFs crossed the old full-year inflow record before the fourth quarter began. The investable point is not a hot theme, but the…

Oct 2, 2026 6 min read BlackMoney Desk ETF flows are overtaking records, but the fee math still matters ETFs & Funds

ETF flows are overtaking records, but the fee math still matters

ETF.com put year-to-date US ETF inflows at $1.47 trillion against a $1.49 trillion prior-year record, leaving $20 billion; ICI’s latest…

Sep 29, 2026 7 min read BlackMoney Desk ETF Flows Are 1.34% From Last Year’s Record as Core Funds Absorb Cash ETFs & Funds

ETF Flows Are 1.34% From Last Year’s Record as Core Funds Absorb Cash

U.S.-listed ETF inflows are close enough to the 2025 record that the remaining gap is a rounding-size number, but the risk is that flow…

Sep 23, 2026 6 min read BlackMoney Desk US ETF inflows are within 1.34% of last year's record ETFs & Funds

US ETF inflows are within 1.34% of last year's record

US-listed ETFs are close enough to last year's full-year inflow record that the story is no longer about timing. It is about where the fee…

Sep 22, 2026 6 min read BlackMoney Desk Bond ETF Flows Show Investors Are Paying for Yield, Not Duration Calls ETFs & Funds

Bond ETF Flows Show Investors Are Paying for Yield, Not Duration Calls

Bond ETFs took $10.882 billion of $11.325 billion in weekly net ETF issuance, or $10.882 billion / $11.325 billion = 96.1%. That is a yield…

Sep 20, 2026 7 min read BlackMoney Desk ETF flows look huge, but August inflows were 1.1% of assets ETFs & Funds

ETF flows look huge, but August inflows were 1.1% of assets

U.S.-listed ETFs took in about $180 billion in August, but against a $16.4 trillion base, the thesis is scale, not a trading signal.

Sep 14, 2026 6 min read BlackMoney Desk UCBG's debut shows ETF scale matters as much as the fee ETFs & Funds

UCBG's debut shows ETF scale matters as much as the fee

State Street and UC Investments turned a 0.06% ETF fee into roughly $1.49 million of annual revenue on launch-week assets, because the fund…

Sep 11, 2026 6 min read BlackMoney Desk ETF Demand Ran 3.75x a Normal August, but Fees Still Set the Hurdle ETFs & Funds

ETF Demand Ran 3.75x a Normal August, but Fees Still Set the Hurdle

U.S.-listed ETFs took in roughly $180 billion in August; the thesis is not a hot trade, but that fund selection discipline matters more…

Sep 4, 2026 6 min read BlackMoney Desk Energy ETF's 7.4% August Gain Shows What Sector Funds Really Are ETFs & Funds

Energy ETF's 7.4% August Gain Shows What Sector Funds Really Are

XLE moved from $59.55 to $63.96, so ($63.96 - $59.55) / $59.55 = 7.4%. The point is exposure, not a tip.

Sep 1, 2026 6 min read BlackMoney Desk The expense ratio is the only part of your return you actually control ETFs & Funds

The expense ratio is the only part of your return you actually control

You cannot choose next year's market return. You can choose what you pay to participate in it — and over thirty years that choice is worth…

Aug 14, 2026 2 min read David Okonkwo Index versus active: what the math says once fees are in the calculation ETFs & Funds

Index versus active: what the math says once fees are in the calculation

The debate is usually argued with anecdotes. It is settled with arithmetic that fits in one paragraph — and that arithmetic explains why…

Jul 27, 2026 2 min read Ellen Marsh