WELCOME TO "BLOOMBERG ETF IQ" I'M SCARLET FU. KATIE GREIFELD IS OFF TODAY. LET'S GET TO THE BIGGEST STORIES IN THE MORE THAN $18 TRILLION INDUSTRY. AND IN JUST A FEW MOMENT, WE DISCUSS A GROWTH OF THE MOMENT AND ISSUERS PUSH THE ENVELOPE WITH MIKE ATKINS OF ETF ACTION. AND WE SPEAK THAT VANGUARD FOR THE FIRST ACTIVE JUNK FUND OF ETF. >> THE STOCKS ARE WONKY -- FLOWS ARE WONKY. SO IGNORE THIS. THIS IS SOME BIG MONEY, SOMETHING DOING SOMETHING AND THAT'S WHAT ETF'S ARE SO INTERESTING. THEY WON'T GO LONG. T ...