Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at the case against the rapid rise in passive ETFs.

Quote of the Day

"The rise of ETFs is not so much about a shift from active to passive, but simply a recognition that when financial advisors build investment portfolios, we prefer to do it using ETFs as our “building blocks”, rather than individual stocks and bonds."

(Michael Kitces)

Chart of the Day

The Vanguard Value ETF ($VTV) is not all the value-ish.