ETF Edge on if ETFs are growing faster than the stocks they cover
Speakers
Tim Urbanowicz
— Chief Investment Strategist, Goldman Sachs Asset Management
Gavin Fillmore
— CEO, Tidal Financial Group
Summary
ETF Edge discusses the rapid growth of ETFs, now outnumbering stocks by over 1,000. Guests highlight innovation in risk management products like dual directional ETFs and see emerging markets as the next frontier for AI-driven investment gains.
- ETF universe now has roughly 1,000 more ETFs than stocks.
- Gavin Fillmore says ETF launches are being rewarded and the industry is in early innings.
- Tim Urbanowicz notes complex investor challenges are driving new ETF product development.
- Dual directional ETFs like DDFZ provide built-in risk management without options expertise.
- Tim sees emerging markets as the next big wave in the AI trade.
- Emerging market valuations are at a multi-decade discount relative to the US.
- South Korea and Taiwan are key AI supply chain players represented in EM ETFs.
- Panel believes ETF innovation is still in early stages, with significant runway ahead.
Trade Ideas
EM AI trade offers valuation opportunity
The next big wave in the AI trade and where big money can be made is within emerging markets (EM). The valuation gap between EM and the US is at multi-decade highs, providing a strong starting point. The EM index is heavily weighted to South Korea and Taiwan, which are major players in the AI supply chain, and their valuations have not risen as much as in the US, leaving room for outsized gains as AI demand continues to outpace supply.
Up Next
This CNBC video, published June 01, 2026, features Tim Urbanowicz discussing EEM. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Tim Urbanowicz · Tickers: EEM