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Trillions

Bloomberg
Etfs
Bitcoin
Exchange-Traded Funds
Vanguard
Blackrock
Bloomberg
SEC
China
Invesco QQQ
Bitcoin Etfs
Bitcoin ETF
NVIDIA
Cryptocurrency
Europe
Investment Strategies
Japan
Private Credit
ETF Awards
Inflation
ETF

Money goes where it’s treated best. That simple truth is a big reason why more and more money (trillions, in fact) flows into a powerful, low-cost tool that’s quietly transformed investing. Exchange-traded funds let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and hopefully delight you in the process.

PublishesWeeklyEpisodes274Founded9 years ago
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InvestingBusinessNewsNews Commentary

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Latest Episodes

In sports, wins and losses determine standings. Soon they could help determine something else: a price. A group of financial firms is trying to turn sports results and statistics into something investors can actually trade. The idea starts with index... more

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Less than a year ago, Corgi Invest launched its first ETF. It now has more than 200, with hundreds more registered and potentially on the way. If they all make it to market, Corgi could soon offer more ETFs than BlackRock. The strategy is audacious: ... more

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The 60/40 portfolio has been Investing 101 for generations. So why are ETF investors now closer to 80/20? Meanwhile, Republican and Democratic lawmakers don't agree on much — but their portfolios have some surprising stocks in common. And then there'... more

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A decade ago, Nvidia was the 387th-biggest stock in the market. Before it became the world’s most valuable company, some of the biggest active managers were buying it on the way up. In the movie Wall Street, Gordon Gekko had a code phrase for that ki... more

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Recent Guests

Jeff Weniger
Chief Investment Officer at Corgi Invest
Corgi Invest
Episode: Can Corgi Become the Walmart of ETFs?
David Cohne
Mutual fund and active manager analyst
Bloomberg Intelligence
Episode: Want to Find the Next Nvidia? Here’s How to Watch What ‘Big Active’ Is Buying
Andre Yapp
ETF research senior associate
Bloomberg Intelligence
Episode: An ETF for a Wild Oil Market
Ethan Balchounis
Bloomberg Intelligence analyst who fills in for a regular on the episode
Bloomberg Intelligence
Episode: Can You Put Sports Into an ETF Yet?
Zachary Miner
Bloomberg reporter on the story
Bloomberg
Episode: 351 Conversions: Smart Tax Alpha Strategy or Loophole in the Code?
James Seyffart
ETF analyst at Bloomberg Intelligence
Bloomberg Intelligence
Episode: How Leveraged ETFs Became Wall Street's New Obsession
Nadine Chakar
Managing Director and Global Head of Digital Assets at DTCC
DTCC
Episode: Tokenization, Digital Twins and the Future of ETFs
Brian Daly
Director of the Division of Investment Management at the SEC
U.S. Securities and Exchange Commission
Episode: Will the SEC Approve Prediction Market ETFs This Year?
Manuela Sperandeo
Co-head of European iShares at BlackRock
BlackRock
Episode: Clash of the Titans: BlackRock and Vanguard LIVE

Hosts

Joel Weber
Host of Trillions; Bloomberg contributor; Bloomberg
Eric Balchunas
Co-host of Trillions; ETF analyst; Bloomberg

Reviews

4.6 out of 5 stars from 383 ratings
  • Stop talking all at once, plus…

    They don’t even have discipline to talk like adults. Looks like a bunch of toddlers.

    Also, after some time in Europe, it is hard to listen to such low level analyses, ideas and argumentation. I honestly don’t think you will even understand the critic.

    Apple Podcasts
    1
    Edxs
    Canada12 days ago
  • Thoroughly explores ETF’s

    Trillions does a great job covering the world of ETF’s. This is not a podcast that just glazes over the basics. Love it.

    Apple Podcasts
    5
    GUCCI POODLE
    United States10 months ago
  • Dividends over day jobs

    Fun conversation. I wanted to hear about the guy who saw his traditional IRA get smoked by tariff announcements, then watch it bounce back when the president decided to pause the strategy. But then announced some tariff target, crushing guy’s position, but then reversing that, also.

    Is that the sort of future you prefer as long term investor? What wrong with taking big return on a daily basis, independent of the daily whim of political actors?

    Apple Podcasts
    5
    Mike the bookkeeper
    United Statesa year ago
  • Too many commercials!

    Love the pod but there are way too many commercials

    Apple Podcasts
    4
    Sassafrasssser
    United Statesa year ago
  • A very enjoyable podcast

    Love the hosts for their sharp comments, fast flow of conversation, great insight and useful information, all done in an enjoyable way. Please continue the good work.

    Hoping to listen to them as long as they continue with this podcast.

    Apple Podcasts
    5
    Smiley Med Man
    United States2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners appreciate the guest diversity and data-driven insights
Shows deep ETF expertise with accessible explanations of complex topics
Some criticism about promotional content and pacing at times

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Talking Points

Recent interactions between the hosts and their guests.

The 80/20 Portfolio, Bipartisan Stocks and Slumpy Septembers
Q: Is the 20% composition bonds or something else?
The panel explains that the 20% bond portion might instead be filled by alternatives or bond-like assets such as buffers, with money market funds acting as a near-cash option in rising-rate environments.
The 80/20 Portfolio, Bipartisan Stocks and Slumpy Septembers
Q: What's the one that popped for you the most?
Athanasios' research across the team sparked the emphasis on the 80-20 approach, highlighting how a heavier stock allocation challenges conventional wisdom and how the bond role has shifted toward alternatives.
New ETFs to Watch: MANGOS, Tax Tricks and Boring Bitcoin
Q: What's our big hit this episode?
Eric explains that the top asset by month-to-date is TIH, an ETF under ETF Architect with around $600 million, and then the discussion moves to the broader implications of 351 conversions and the tax deferral mechanism as a recurring theme for investors considering rebalancing with ETFs.
How Leveraged ETFs Became Wall Street's New Obsession
Q: What signs indicate what the future holds for levered ETFs?
Expect more 2X thematic launches and possibly some guardrails or labeling changes as the space grows, driven by ongoing demand from traders and the cheese-past-the-millow risk landscape, with issuers racing to capitalize on new themes.
How Leveraged ETFs Became Wall Street's New Obsession
Q: Are there red flags or a traffic-light system that should guide investors away from certain products?
Yes. Generally, anything at 2X or higher can be considered a red light, particularly for single-stock ETFs, due to higher concentration risk and potential for rapid outflows during stress. Index-leveraged products tend to be more stable, but still require caution.

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These podcasts share a similar audience with Trillions:

1. Masters in Business
2. Odd Lots
3. The Meb Faber Show - Better Investing
4. Animal Spirits Podcast
5. Ask The Compound

How many episodes of Trillions are there?

Trillions launched 9 years ago and published 274 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Trillions?

Recent guests on Trillions include:

1. Jeff Weniger
2. David Cohne
3. Andre Yapp
4. Ethan Balchounis
5. Zachary Miner
6. James Seyffart
7. Nadine Chakar
8. Brian Daly

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