Convert Your SMA to an ETF with Tidal

Tax Benefits, Transparency, and Market Access

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2025

Compensation was paid to ETF Express in connection with Tidal’s use and promotion of the 2025 US Awards received.

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ETF Conversions

Research

ETF Conversions Research

12/04/2025

The Great Migration: Wall Street’s Wave of Mutual Fund to ETF Conversions

As investor preferences evolve, legacy fund structures can’t keep up. ETFs offer simplicity, flexibility, and tax advantages that resonate with today’s market. The migration has become inevitable.

08/26/2025

From SMA to ETF with Section 351

A Section 351 conversion aligns investor tax priorities with the ETF’s structural advantages. For managers, it enables scale and speed-to-market across strategies that can’t easily be replicated in SMAs. Understanding the regulatory thresholds and market mechanics is essential before moving forward.

03/21/2025

How a 351 Conversion Can Lower Your Tax Bill

Tax season is here, and for many investors, that means finding ways to keep more of their money. If you’re holding highly appreciated stocks or a dividend-heavy portfolio, you know the challenge of managing capital gains taxes while preserving your investments. Read on to learn more.

01/28/2025

Top 3 Things to Consider in a 351 Conversion

A 351 conversion—the process of transferring appreciated assets into an Exchange-Traded Fund (ETF) without necessarily triggering immediate recognition of taxable gains if all relevant IRS conditions are met—is a compelling strategy for tax efficiency and portfolio modernization. Read on to know more:

12/09/2024

Understanding 351 Conversions

Section 351 of the U.S. Internal Revenue Code provides a solution, a tax-free conversion of SMA holdings into an Exchange-Traded Fund (ETF). This strategy not only defers capital gains but also capitalizes on the operational and structural benefits of ETFs.

05/13/2024

Lessons In Mutual Fund-To-ETF Conversions

As the AUM pendulum swings away from Mutual Funds and in favor of ETFs, issuers find themselves reconsidering strategy in order to capture future investors. But not all conversions are guaranteed success. What key criteria should be considered? Read on to find out.