Todd Rosenbluth

Active ETFs continue to experience explosive industry growth, and Fidelity is positioning itself as a leader. Fidelity has been long known for its fundamental stock-picking based active strategies, built on a rich heritage of deep company research. However, investors who are traditionally hesitant to step away from indexing are now finding a compelling middle ground in the firm’s expanding systematic lineup.

In my more than two decades covering index funds, I have never seen anything quite like the frenzy surrounding the SpaceX IPO.

Going into 2026, many corners of the asset management world heralded the pending arrival of ETF share classes of mutual funds as a revolutionary milestone. It was supposed to be the biggest change for the ETF industry in years. The shift was expected to open the floodgates for billions of dollars in mutual fund assets to easily enter the exchange-traded ecosystem. In addition, it was a gateway for firms to enter the fast growing active ETF market. The reality is quite different.

VettaFi today announced it has signed a definitive agreement to acquire RAFI Indices, the renowned pioneer in fundamental indexing, from Research Affiliates.

VettaFi’s core mission is to provide the index and distribution solutions that help asset managers build, grow, and navigate the markets with precision. Last week we took a massive, transformational step forward. TMX VettaFi signed a definitive agreement to acquire RAFI Indices from Research Affiliates, the undisputed pioneer of fundamental indexing and smart beta strategies. The deal is expected to close in the next few weeks, with some members of RAFI joining our team.

T Rowe Price has long been viewed as a leading active manager known for its fundamental research. Six years ago they entered the ETF market and have continued to successfully grow their lineup. I sat down in June with Tim Coyne, global head of ETFs at T. Rowe Price, at the Investment Company Institute (ICI) ETF conference to discuss how the firm’s footprint is scaling. While crossing the

When Capital Group launched its first ETFs just over four years ago, it coincided with a personal milestone. It was the same quarter I joined TMX VettaFi. Back then, some people thought Capital Group was late to the active ETF market. However, at the end of the first quarter of 2026, they were the third largest player in their space. I sat down with Capital Group’s Scott Davis at the Investment Company Institute (ICI) conference to discuss the firm’s rapid growth.

The strong run by the Nasdaq-100 and the S&P 500 the last few years has loaded portfolios with heavy concentration risk . As a tiny group of mega

The arrival of June usually signals a seasonal slowdown for many people, but our ETF industry clearly missed the memo. Instead of heading to the beach or stopping to watch the World Cup, the ETF ecosystem had a wave of milestones, structural changing-of-the-guards, and high-profile index provider consolidation. June also served as a reminder that the velocity of ETF innovation and

Vanguard US High-Yield Corporate BD Index ETF (VCHY) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.”