Todd Rosenbluth

New York

Head of Research at VettaFi

Head of Research at @Vetta_Fi Please note: retweets are not endorsements.

Articles

JPMorgan Expands Fixed Income Lead With Record High-Yield ETF Launch

3 days ago | etftrends.com | Todd Rosenbluth

JPMorgan, already the largest manager of actively managed fixed income ETFs, expanded its capabilities with a splash today. The JPMorgan Active High Yield ETF (JPHY) began trading today with the aid of a large external institutional client and $2 billion. According to the firm’s release, this is the largest launch of an active ETF. Advisors and investors have embraced fixed income ETFs in 2025.
ETF Records Were Made to Be Broken

5 days ago | etftrends.com | Todd Rosenbluth

Mid-2025 is approaching, and exchange traded fund demand continues its robust growth. Last year was a landmark year for the ETF industry, with industry net inflows for the first time surpassing $1 trillion and one ETF exceeding $100 billion in net inflows. Many, myself included, doubted 2025 could top such achievements, especially with the S&P 500 less likely to deliver a third consecutive year of over 20% gains. My skepticism about the seemingly insatiable appetite for ETFs was clearly misplaced.
Advisors Pivoting to International Equities Have Choices

1 week ago | etftrends.com | Todd Rosenbluth

Core U.S. equity and U.S. fixed income ETFs were up 2%-3% year-to-date through mid-June. Such modest performance has led many advisors to look for diversification benefits through other investments. During a late May webcast, VettaFi asked advisors to share where they were looking to diversify their client portfolios. Half of the respondents told us they are focused on international equities.
Summer Fun, Serious Thematic ETFs

2 weeks ago | etftrends.com | Todd Rosenbluth

The weather has warmed up and schools are about to let out in the Northeast. That means more time for fun for teenagers like my 15-year old son, who enjoys listening to music and playing video games. These recreational activities have also been the backbone of a strong-performing ETF investment in 2025. Many advisors and investors turn to thematic ETFs to complement their low-cost core equity exposure.
AllianceBernstein ETFs Hitting Stride Ahead of 3-Year Mark

2 weeks ago | etftrends.com | Todd Rosenbluth

In September 2025, AllianceBernstein (AB) will hit the three-year anniversary of launching its active ETF suite. When we last spotlighted the suite in November 2023, the firm had just crossed the $1 billion mark. At the end of May 2025, AB’s active ETF suite had more than $7 billion in assets thanks to a growing lineup, net inflows and market performance. The firm’s largest ETF was one of its first. The AB Ultra Short Income ETF (YEAR) managed $1.4 billion at the end of May.
Newer ETFs Are Not Necessarily Gimmicks

3 weeks ago | etftrends.com | Todd Rosenbluth

Every year, a large number of ETFs launch in December, aiming to get the benefit of a fresh calendar year of performance. Six months later, some of them have done so and garnered investor interest. Our friends at Morningstar recently published an interesting piece titled, “Investors, Be Careful When Buying New ETFs.” For the sake of brevity, here is the final paragraph.
BNY Is More Than a Low Cost ETF Provider

1 month ago | etftrends.com | Todd Rosenbluth

BNY offers a pair of zero-fee ETFs. One is a large-cap U.S. equity index ETF. The second tracks a well-known broad market investment-grade bond index. However, the firm has been seeing greater success in 2025 with a pair of actively managed ETFs.The BNY Mellon US Large Cap Core Equity ETF (BKLC) has a net expense ratio of 0.00%. The fee really is zero. BKLC provides broad equity exposure to approximately 500 stocks in a market-cap-weighted manner.
Meet BlackRock’s Latest Pair of $1B Active ETFs

1 month ago | advisorperspectives.com | Todd Rosenbluth

Actively managed ETFs pulled in approximately 40% of the industry flows through the first four months of 2025. These ETFs tap into professional expertise, which has been helpful in the volatile market environment. The latest model allocation changes made by BlackRock’s team will help more ETF-minded advisors have greater access to active strategies. The BlackRock Target Allocation team runs models that support approximately $160 billion.
Meet BlackRock's Latest Pair of $1B Active ETFs

1 month ago | etftrends.com | Todd Rosenbluth

Actively managed ETFs pulled in approximately 40% of the industry flows through the first four months of 2025. These ETFs tap into professional expertise, which has been helpful in the volatile market environment. The latest model allocation changes made by BlackRock’s team will help more ETF-minded advisors have greater access to active strategies. The BlackRock Target Allocation team runs models that support approximately $160 billion.
Janus Henderson's ETF Lineup Is More than CLOs

1 month ago | etftrends.com | Todd Rosenbluth

At the end of April, Janus Henderson managed $31 billion in actively managed ETF assets. Approximately half of the money impressively flowed into these ETFs in the prior 12 months. While the majority of the flows went into the firm’s AAA CLO ETF, we are also excited about other funds in the Janus Henderson lineup. See related: Fidelity Aims to Be a Top 3 Active ETF ProviderWith $21 billion in assets, the Janus Henderson AAA CLO ETF (JAAA) is the largest CLO ETF.