The tweet was deleted by the author.
But we saved everything 🙂.
Corey Hoffstein described how the growing presence of more capital efficient ETFs is leading to increased use of swaps, including swaps on ETFs. He stated that this trend is creating confusion regarding actual fund costs, specifically because the expense ratios on positions acquired through swaps do not always appear transparently.
View post on X Loading...
Hoffstein has previously discussed compounding through risk in collaboration with Janus Henderson’s Philip Maymin and Allan Maymin, as described in a recent article. He also announced the latest quarterly commentary for the Return Stacked suite of ETFs, offering updated insights for that product line in a prior release. These earlier updates provide additional context for his ongoing observations on ETF structures and investor considerations.