00:00This is Bloomberg ETF IQ. I'm Katie Greifel along with Scarlett Fu. And Eric Belchunas isn't here. Joel Weber isn't
00:07here. But it's still time for our IQ test where Scarlett Fu is going to put me to the test.
00:12I'm joined by our special guest stars Athanasio Serafagus of Bloomberg Intelligence as well as Bloomberg's Vildana Heirich. And let's
00:21get it going. Are you guys ready? I'd really love to win. I asked Scarlett for the questions ahead of
00:26time. And I said no. She said no. That is firmly cheating.
00:29It's it's dedication. Some might call it. All right. So I'm not the head of games at Bloomberg, but I'm
00:33going to fill in for the head of games, Joel Weber, when we pose the question. So let's go to
00:37the board right now. The first question for you guys is in 1993, State Street was the first firm to
00:43issue an ETF. Who launched the second one? A. Barclays. B. Nuveen. C. Morgan Stanley. D. Corgi. OK. Katie. So
00:53it's not Corgi. I'm going to say it's not Morgan Stanley either. Let's go with A. Barclays. OK. Athanasio.
00:59Yeah, it's not Corgi. I'm going to say C. Morgan Stanley. It's Barclays. The answer is Morgan Stanley. C. Athanasio.
01:10Yeah, that's a that's a I almost went with Morgan Stanley, but you said it's not Morgan Stanley. I was
01:15like, oh, let's go with Barclays. I just want it to sound so convincing in my answer.
01:19Sometimes you have to go with conviction no matter what. Yeah. All right. Let's go for the second question. Which
01:23of these sectors has a high share of passive ownership at 29 percent?
01:28A is energy. B is real estate. C is utilities. And D is technology.
01:35I'm going to say technology, but I don't feel good about it. So I'm going to say real estate. B.
01:43Just to spice things up, I'll go with utilities. So we have one of everything. Let's show the answer.
01:50Reeds. Real estate. So Athanasios is winning. Athanasios is winning. He's got sand for this.
01:56This is the worst case scenario. Yes.
01:58You should have got the answers. I asked. We'll talk later. Next time. All right.
02:03Last one. And this is an ETF that you and I just discussed, Katie. DRAM. It hit $1 billion in
02:08assets in just 10 days.
02:10How long did it take PAVE, currently the world's biggest thematic ETF, to hit a billion dollars?
02:15A. 100 days. B. 500 days. C. 1,000 days. And D. 2,000 days.
02:22OK. OK. I don't know the answer.
02:26I hear some panic creeping into your voice. I'm going to say 1,000 days.
02:31OK. These are good questions. I think it's C, 1,000.
02:34I actually think it's C also. And the answer is 1,000 days. We all win.
02:40But it still means he won. He did, but you guys, you didn't get goose eggs, which is important.
02:45Yeah, that's good. Yeah, but I'm not happy with you.
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