Goldman Takes Aim at JPMorgan's Billions With Copycat ETFs

The video discusses the competitive landscape of ETFs, focusing on Goldman Sachs' late entry compared to JP Morgan's Jeppie. Despite Jeppie's underperformance against the SP500, it continues to attract investments due to its low cost and JP Morgan's distribution power. The discussion highlights the importance of distribution and cost in the ETF market, suggesting that Goldman Sachs may be under new management and prioritizing short-term revenue over growth.

What is a key reason for the competitive nature of the ETF market?

• Limited market demand

• Copying successful ideas

• High entry barriers

• Strict regulatory requirements

Why is Goldman Sachs considered late in the ETF market?

• They have a strong market presence

• They launched their ETF products too early

• They entered the market after significant growth had occurred

• They have the highest market share

What is one reason for JP Morgan's success in the ETF market?

• High product pricing

• Strong distribution power

• Lack of competition

• Focus on short-term gains

How does cost impact the ETF business according to the discussion?

• Higher costs attract more clients

• High costs are necessary for growth

• Cost has no impact on ETF success

• Lower costs can lead to increased market share

What strategic decision might lead a company to back off the ETF business?

• Choosing growth over revenue

• Focusing on short-term revenue

• Expanding product offerings

• Increasing marketing efforts