Inflows & Outflows For ETFs, Mary Daly Speaks With Bloomberg Live | ETF IQ 5/7/2026

Summary

This episode of ETF IQ covers the rise of active and nontraditional ETFs, a deep dive into the Pacer Nasdaq International Leaders ETF (PATN) which targets innovative companies outside the U.S., and a discussion on the rotation to quality and free cash flow ETFs. It also includes a metals spotlight on GLTR, an exclusive interview with San Francisco Fed President Mary Daly on monetary policy and oil price shocks, and an analysis of changing ETF fee structures driven by platforms like Fidelity and Schwab.

• Maital Legum discusses the growing demand for nontraditional ETF strategies and the role of white-label service providers.
• Sean O'Hara presents the PATN ETF, which selects international stocks based on patent value and innovation rather than traditional index weights.
• Sean O'Hara also argues that a shift to quality and free cash flow ETFs (like CALF and COWS) is underway after years of momentum and low-quality outperformance.
• The metals spotlight examines GLTR, a physical precious metals basket, and notes drawbacks like collectible tax treatment and tracking nuances.
• Fed President Mary Daly comments on the current monetary policy stance, the impact of oil price shocks, and the outlook for inflation.
• Brittany Christensen explains that ETF fee structures are evolving as platforms like Fidelity and Schwab charge smaller issuers for access, possibly leading to higher expense ratios for new funds.
• The ETF IQ test segment quizzes hosts on hedge fund ETF holdings, with IWM becoming the most popular holding among hedge funds.