00:00It's time for an IQ test. Brittany Christensen and Matt Kaufman have stuck around and are here
00:03to join Eric to see if they really know their stuff when it comes to ETFs. So let's bring up
00:08the first question in our IQ test. Which of these companies is a new addition to the S&P 500?
00:14Bloom Energy, Builders First Source, Molson Coors, or Trade Desk? Matt, I'll start with you.
00:19Oh, I have to go first. Okay. I'm going to go out on a limb here. I'm going to say
00:24Bloom Energy.
00:25Bloom Energy. Brittany?
00:26Brittany? I'm going for D, Trade Desk. Eric?
00:30I'm going to follow D, Trade Desk.
00:31Okay. The answer is Bloom Energy, A.
00:35That one was the one. Okay. There's another energy firm that they should have let in if they didn't.
00:40Who can keep track of all these companies?
00:42All right. Well, there are people who do that here at Bloomberg Intelligence.
00:45All right. About how many actively managed ETFs are there now? Hint. Two years ago,
00:49there are just 1,000. So is it 500, 1,500, 2,500, or 3,500 actively managed ETFs? Matt?
00:59I'm going to. I should know this one. I'm going to go with 2,500. I'm not confident,
01:04but that's my answer. Okay. C for Matt?
01:07C.
01:07C.
01:08Good. I know this one, and you guys are wrong. It's D.
01:10The answer is D, 3,500. Underestimated active funds. All right. Final question here.
01:20Breakwave tanker shipping ETF. This is something we talked about recently. BeWet remains by far
01:25the year's top performing ETF. About how much has it attracted, though, in inflows this year?
01:30Less than $150 million, $250 to $500 million, $500 million to $1 billion, or more than a billion
01:37dollars. Matt? I know it's been light, but I don't know how much flow is coming over the last
01:42few days, but I'm going to go A. Less than $150 million. Brittany? I'm going to go with B.
01:47Okay. Eric? I wrote this note, so it better be right. I mean, I hope it's right. A.
01:53And the answer is A, less than $150 million, which is remarkable given the performance.
01:59It's crazy. It's something like 1,000% or? I think it's too shiny. Like you can actually go
02:05like too close to the sun. Because it's up 4,600%. I think people are like, that's just
02:11too crazy. Even like the people who are chasing that stuff are like, it's too much.
02:14I thought maybe $100 million would come in after the note.
02:17Maybe after this episode. All right. Congratulations to Matt. We've got two out of three today.
02:22Thanks to all of you, Brittany, Matt, and Eric, of course, for taking part. And if you want
02:26to check out more games from Bloomberg, be sure to check it out. And play Pointed on our website
02:32at Bloomberg.com.
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