Not exact matches
That means its high fees, though standard for this space, are
less of a
concern than
liquidity.
If you're
less concerned with instant
liquidity and want maximum interest earning power with NCUA protection up to the $ 250,000 federal limit, consider Business Certificate of Deposit (CD).
The impact I am more
concerned with is in the concentration of assets into
less and
less differentiated products and the fact that ETFs have become a
liquidity provider (when flows are positive) in areas of the market that are illiquid.