It's taken about two decades for the wider investment public to understand ETFs: The index funds that allow you to buy anything from the ASX 200 to the S&P 500 are now very popular. But just as the message on passive investing broke through, the sector has turned the idea upside down by going head-to-head with active managers. It's time to figure out what's going on. Marc Jocum of GlobalX joins wealth editor James Kirby in this episode  -------In today's show, we cover: Getting to know traditional ETFs The pros and cons of new-style active ETFs  Geared ETFs - How do they work?   Using ETFs for unlisted assets  See omnystudio.com/listener for privacy information.