As the 2024 presidential election nears, BlackRock Head of iShares Investment Strategy Americas Kristy Akullian joins Wealth! to discuss potential volatility and the outlook for ETFs.

"We hear a lot from investors that they're worried about the volatility that comes with elections. And they're worried about election results. I think the number one message that we have for investors is just the importance of staying invested. We just like to remind people that irrespective of who holds power, equity markets do what they do. And that's typically go up," Akullian says. She explains that there are areas of overlap for both parties, and points to iShares US Tech Independence Focused ETF (IETC) as an investment opportunity poised to benefit from either a Trump or Biden administration.

She expects that active ETF assets under management will grow to $4 trillion by 2030, adding, "I think there's some other really interesting cohorts of funds that are things like outcome-based investing. So some of them are yield-enhancing using option strategies and overlays and things to either buffer against a downside or actually increase income in some of those as well. So I think there's a lot of flavors of active management. And that's part of the reason why we see such growth opportunity is because there's kind of something for everybody."

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This post was written by Melanie Riehl