[throw0101d]

> Those wall street middlemen are way better a designing mutual funds and ETFs than I am.

Unless those mutual funds or ETFs are passive index funds, no they are not (unless the design is meant to extract fees):

* https://www.ifa.com/articles/active-fund-managers-benchmark-...

[detourdog]

They appear to me as a make work project for the financial market professionals. I wonder if inflation is currently tied to volume of trades that are needed to maintain our economy.