We are rearranging our specialty linkfests. Today we are introducing a standalone linkfest dedicated to ETFs. Links that appear here are more strategic than you will find in the daily linkfest. ETFs have been a favorite topic here at Abnormal Returns. We have been writing about them from the get go and dedicated a chapter in our book to them. We hope you enjoy the linkfest. Feedback is always welcome.

Quote of the Day

"The exchange-traded fund industry has ballooned to more than $3.2tn in assets, surpassing the $2.97tn held in hedge funds, as investors pile into low-cost offerings to capture the multiyear market rally."

(Mary Childs)

Chart of the Day

The VanEck Vectors Fallen Angel High Yield Bond ETF ($ANGL) has crushed it YTD.