ETFs & Mutual Funds
YouTuber Is Closing His ETF After Performance Woes, Soaring Costs
- Meet Kevin’s ETF PP had $50 million in assets at its peak
- Founder opened up about the ‘downsides’ of the ETF industry
This article is for subscribers only.
A popular YouTuber is closing down his actively-managed exchange-traded fund after it underperformed the market and ran up against the costs of doing business in the competitive ETF industry.
Kevin Paffrath, a financial influencer who goes by the online moniker “Meet Kevin,” said in a video on his channel that his fund, the Meet Kevin Pricing Power ETF, would be closing at the end of this month some two years after its inception and with just $32 million in assets.