Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at when an ETF gets too big for its index.

Quote of the Day

“ETF’s are a great innovation, but an over-population of any innovation could cause unintended consequences if left unmonitored...We have seen this in many market cycles, from dot-com to the credit crisis.”

(Troy Draizen, global head of electronic trading at Convergex Executive Solutions LLC)