ETFs
Podcast: Single-Stock ETFs May Seem Contradictory, But They’re All the Rage
Listen and subscribe to Trillions on Apple, Spotify, iHeart and the Bloomberg terminal.
Single-stock exchange-traded funds seem like an oxymoron: an investment vehicle that typically contains an entire portfolio reduced to a single company? But whatever skepticism there was when this type of ETF first arrived has since faded. Traders are addicted to this kind of hot sauce, even if it feels a lot like gambling. Assets in single-stock ETFs have doubled this year to more than $5 billion.