ETF Prime BlackRock’s Rachel Aguirre Discusses ETF Launches, Rise of Active, & Buffer Strategies
Aug 22, 2023
Join Rachel Aguirre from BlackRock, Stacey Morris of VettaFi, and Phil Hanks of Parabola as they dive into the latest in ETFs. Rachel reveals BlackRock's innovative approach to launching new funds and the growing trend of active ETFs. Stacey breaks down the recent resurgence of the energy sector, highlighting key market drivers. Phil discusses his journey launching the Parabola Innovation ETF (LZRD) and its unique strategy that sets it apart from competitors like ARK. Get insights into ETF trends and industry challenges!
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Oil Rally Propelled Energy Stocks
- Energy's rebound since late May is driven mainly by oil rallying from under $70 to about $81 per barrel.
- Stacey Morris attributes the sector recovery largely to July gains in oil prices.
Index Weights Can Shift ETF Returns
- XLE and VDE have similar exposures and fees, but VDE's slightly lower concentration in Chevron and inclusion of Cheniere explains modest outperformance.
- Stacey Morris highlights index weightings can drive short-term ETF performance differences.
Three-Pronged Product Framework
- BlackRock evaluates new ETFs by investment thesis, client need, and ETF suitability to ensure long-term usefulness.
- Rachel Aguirre says they target rapid-growth segments and offer differentiated, high-quality ETF solutions.