Why Would You Buy an ETF Named for Quincy Jones?

The video discusses a new ETF named after Quincy Jones, focusing on streaming music and entertainment. Despite Quincy Jones having no direct involvement, his name is used to attract attention. The ETF market is highly competitive, with major players like Vanguard dominating. Thematic ETFs, like this one, often struggle to succeed, with only a small fraction becoming hits. The video also touches on smart beta strategies, which involve unique screening and weighting processes.

What is the unique aspect of the Quincy Jones ETF?

• It only includes companies from Los Angeles.

• It is the largest ETF in the market.

• It uses a celebrity name to attract attention.

• It is the first ETF to focus on streaming music.

Which companies are likely to be included in the Quincy Jones ETF?

• Spotify, Hulu, Disney

• Apple, Microsoft, IBM

• Google, Facebook, Twitter

• Pandora, Netflix, Amazon

Why is the ETF market described as crowded?

• There are over 2000 ETFs competing for attention.

• There are too many ETFs focused on old media.

• Only a few companies dominate the market.

• ETFs are not popular among investors.

What is the success rate of thematic ETFs according to the discussion?

• One in every 10 is a hit.

• One in every 20 is a hit.

• One in every 5 is a hit.

• One in every 50 is a hit.

What approach does the Quincy Jones ETF use in its strategy?

• Focus on only large-cap stocks

• Equal weighting of all stocks

• Smart beta with a unique screening process

• Traditional market cap weighting