The Liquidity Mismatch in Bond ETFs

Emilio: One of the potential concerns I still hear regarding bond ETFs in general is the quote unquote liquidity mismatch right between bondETFs and their underlying. You know allocating there could be a little bit of a hedge so that makes sense to me. Emil, do you have some analytics around those those types of concerns? The true liquidity tool definitely looks into understanding the holdings of a fund is critical to understanding the liquidity of the investment.