BlackRock vs. WisdomTree = Mayweather vs. McGregor

08/23/17 02:50PM EDT

https://youtu.be/RoImDE07zjc

There’s a lot of hype around the Floyd Mayweather-Conor McGregor fight this weekend. In the video above, Hedgeye Financials analyst Jonathan Casteleyn suggests the fight will be about as one-sided as another battle playing out right now in financial markets: BlackRock versus WisdomTree.

In response to a subscriber's question about competition between the two ETF providers, Casteleyn asks this simple question: Looking purely at the numbers below, who wins this battle for market share?

BlackRock (BLK):

  • $70 billion market cap
  • $4 billion in free cash flow on an annual basis
  • 40% market share

WisdomTree (WETF):

  • About $1 billion in equity value
  • $50 million in free cash flow
  • Less than 1% market share

We think it' s pretty clear who wins.

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