Convert Your SMA to an ETF with Tidal

Tax Benefits, Transparency, and Market Access

Voted the Best Capital Markets Team, the Best US White Label Platform, the Best ETF Research Provider, the Best Overall ETF Administrator, the Best ETF Administrator – Equity ETFs, and the Best ETF Administrator – Fixed Income ETFs

2025

Tidal’s use and promotion of the 2025 US Awards received was undertaken in coordination with ETF Express, for which compensation was paid.

Voted Best Service Provider of the Year by ETF.com, recognized for experienced strategy development, operations support, and marketing across the ETF industry.

Research

Research ETF Industry Trends

05/06/2025

The Fixed Income ETF Renaissance Has Arrived

With interest rates at their highest levels in over a decade, inflation reshaping market behavior, and equity volatility shaking traditional asset allocation models, asset managers are rediscovering bonds, and the ETF wrapper is proving to be a powerful tool for delivering them. There’s finally room to get creative again. Duration, credit quality, curve positioning, and risk hedging are back in play.

04/17/2025

Record $17 Billion in Expense Ratio Revenue Amid Derivative ETF Boom

ETF issuers are shattering records. According to the Tidal ETF Industry KPI Report March 3, 2025, issuers are raking in an estimated $17.4 billion in expense ratio revenue over the past year, a testament to the explosive growth in rising AUM and the boom in Active and Derivative ETFs. Read More:

04/11/2025

Active ETFs Hit $1 Trillion

What does it mean now that active ETFs have crossed the $1 trillion mark? Discover how this milestone is reshaping the ETF landscape, and why Tidal is at the forefront of the movement.

04/03/2025

Active ETF Boom: Why Specialized Trading Teams Are the Future

While passive index ETFs have long dominated the market, the rise of active ETFs is changing the landscape. Investors are pleading for more than just broad-market exposure; they want strategic, risk-managed portfolios that can adapt to changing market conditions or provide the perfect final piece to complete their portfolio. Read on to know more

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.

03/10/2025

ETF Diversification vs. Concentration: Finding the Right Balance

While diversification offers stability, concentration offers the potential for much higher returns, albeit at the cost of increased volatility. Let’s dive into how these two concepts play out in the ETF landscape.

02/07/2025

Unlocking ETFs With Derivatives

In 2023, the derivatives-based ETF market accounted for $46 billion out of the $349 billion in active AUM. Fast forward to January 12th, 2025, and that figure has skyrocketed to $168 billion, representing approximately 18% of the $900 billion in active AUM. Read on to know 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:

01/16/2025

A Record Breaking Year for the ETF Industry in 2024

The year 2024 has been nothing short of extraordinary, particularly for the Exchange-Traded Fund (ETF) industry. This year has shattered records across the board, from new listings to net inflows and total assets under management. 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.