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Markets & the Economy: Go Go Growth Stocks…

This content does not reflect any recommendations of Baird. 

This market continues to shift within the AI buildout theme toward the area of maximum conviction…How long can it last? How long can AI lift stocks?

Baird in the News: Rich Lee, Head of Program Trading & Execution Strategy at Baird discusses SpaceX’s upcoming IPO: a Glimpse into the Future of Indexing?

Add it to the ETF Line Up

New Launches: (week ending 5/15/26) a few highlights…

  • SMCP~ SMART Mid Cap ETF
  • SSCP~ SMART Small Cap ETF
  • THYP~ 21Shares Hyper liquid ETF; 1st spot HYPE ETF debuted 5/12
  • WDRN~ WisdomTree Physical AI, Humanoids and Drones ETF
  • CBRG~ Leverage Shares 2X CBRS; One Day that’s the new record for time between a new IPO (CBRS started trading 5/14) and 2x ETF tracking it (debuted 5/15)

New Filings:

New filing for a 2x DRAM~ next up Memory Buffers?

Screenshot of Leverage Shares 2X Long Memory Daily ETF

And 2 more DRAM filings…

  • DRM~ Defiance DRAM Option Income ETF
  • T-REX 2x Inverse DRAM Daily Target ETF

ETF Check Up:

ETF Buzz...

Screenshot of Top Weekly Inflows and Outflows

DRAM has $10B in assets, hit that mark faster than any other ETF ever…Here’s a look at the fastest to $10B…

Screenshot of stock tickers

Americas’ flirtation with Intl stocks may be over…the surge in the SP500 has helped bring back in cash as April saw $134B go into domestic ETFs

  • The third largest inflow on record and the spread between US and Intl was fourth largest on record

Screenshot of US and Non-US Flows