Wall Street Upstarts Shake Up ETF World as Big Three Lose Ground

Sofia Massie left her job at Jane Street in January with one thing: an idea for an ETF that would mirror the US stock market but quietly hold onto dividends,...

By Isabelle Lee · Bloomberg Markets

Sofia Massie left her job at Jane Street in January with one thing: an idea for an ETF that would mirror the US stock market but quietly hold onto dividends, wringing out a tax advantage many investors never see.