The NYSE Pickens Oil Response Index (NYPORPR) has maintained long-term correlation while providing less volatile exposure.
A Cycle of Growth
Jack Bogle’s index fund innovation helped give birth to the ETF industry and powered its growth by highlighting the low cost and transparency client alignment growth factors of ETFs. The folks at BP Capital have taken the philosophies of another great investor and philanthropist and democratized access to his ideas through the BOON ETF.
We believe that ETF growth is powered through client alignment and innovation. Jack Bogle’s index fund innovation helped give birth to the ETF industry and powered its growth by highlighting their low cost and transparency, client alignment growth factors of ETFs. Jack Bogle’s original innovation was based on the client alignment factors that have now been embraced to provide exposure to Boone Pickens´ innovations. The folks at BP Capital have taken the philosophies of another great investor and philanthropist and democratized access to his ideas through the BOON ETF.
We believe this cycle of innovation and growth will not only continue but accelerate.
This article was written by the team at Toroso Asset Management, a participant in the ETF Strategist Channel.
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