[willis936]

Yeah the ETFs have sold off their trust quite a bit in the past year. No longer can anyone with skin in the game trust the stewardship of the fiduciaries. They are simply showing that they are bad at what they do and people should not entrust their future to them.

Pull your money out of the target date funds and into a responsible mix of indexes.

[the_biot]

I think you have it backwards. Many (most?) funds underperform the market as a whole, showing they really don't know anything. ETFs that mirror indexes exist exactly because of this... their managers don't make trades based on their insight of the market, they are contractually obligated to mirror the index, period.

The article shows that at least some ETFs -- NASDAQ index funds -- will now be undermined by this SpaceX scam using those contractual obligations to extract money from ETF investors.