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ETF Prime

Fidelity’s Ryan McKee on Recent ETF Trends, Active Management, & Portfolio Construction

Mar 4, 2025
Ryan McKee, Head of Emerging Product Specialists at Fidelity Investments, delves into the latest ETF trends and the shift towards active management. Roxanna Islam from VettaFi shares her insights on a new private credit ETF and Nvidia's impact on semiconductor investments. They discuss record inflows into ETFs and how these reflect evolving investor preferences. The conversation also touches on cryptocurrency ETFs, drawing attention to regulatory challenges and market adaptations, making it a must-listen for finance enthusiasts.
50:43

Podcast summary created with Snipd AI

Quick takeaways

  • Fidelity's Ryan McKee emphasizes the substantial shift towards active ETFs, with these representing 48% of total inflows in 2025.
  • Innovations like options-based products and model portfolio solutions are reshaping portfolio construction strategies for advisors and investors.

Deep dives

Emerging Trends in ETF Flows

The podcast highlights significant trends in exchange-traded fund (ETF) flows, revealing that Fidelity Investments has seen notable interest in active ETFs, which have constituted a large percentage of recent inflows. In 2025, active ETFs accounted for about 48% of total inflows, showing a strong shifting interest from passive to active investment strategies among investors. This trend is partly attributable to the need for advisors to navigate a growing array of ETF products, as the industry witnessed 72 new ETF launches in January, primarily in the active category. The growth in active ETFs indicates that advisors and investors are increasingly recognizing the benefits and unique capabilities they offer, such as tax efficiency and intraday trading flexibility.

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