Research Insights

  • Equity ETFs and Their Impacts on Equity MarketsTremendous growth in ETF assets over the last decade has led to debate over whether ETFs are impacting broad markets and the underlying individual securities held by ETFs. Examining the reasons behind the growth and the mechanics of ETFs, however, we find that ETF markets look sound and likely have limited impact on underlying equity securities.
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  • Introducing the Communication Services SectorChanges to the widely-referenced GICS sector classification system at the end of September 2018 present potential opportunities for investors. The new Communication Services Sector combines the prior Telecommunication Services Sector with internet, media, advertising, and entertainment companies taken from the Information Technology and Consumer Discretionary Sectors. We provide an overview of these changes and explore how the realigned sectors may benefit a sector-based investing approach.
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The information contained within each report was current at the time the report was created and may change over time.