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Dr. Eli Sherrill

Associate Professor
Finance, Insurance and Law
Office
SFHB State Farm Hall of Business
  • About
  • Education
  • Awards & Honors
  • Research

Biography

Dr. Sherrill joined the faculty at ISU in 2014. He teaches classes in finance, specifically in investments and financial markets. He is also a co-advisor for Illinois State Students in Finance which aims to prepare students for careers in finance and better understand different finance career options.

Current Courses

241.003Financial Markets

241.004Financial Markets

242.006Investments

241.001Financial Markets

242.001Investments

242.006Investments

Teaching Interests & Areas

Finance
Investments
Financial Markets
Risk Management & Insurance

Research Interests & Areas

Exchange-traded funds
Mutual funds
Target-date funds
Municipal bonds
Institutional ownership

PhD Finance

University of Alabama
Tuscaloosa, AL

MS Finance

University of Alabama
Tuscaloosa, AL

BS Finance

Berry College
Mount Berry, GA

Manahan Family Award for Teaching Excellence in Business

ISU
2024

FIL Department Outstanding Servicec Award

ISU
2024

FIL Department Outstanding Teaching Award

ISU
2023

Wilma Jean Alexander Technology Innovation Faculty Award

2022

FIL Department Outstanding Researcher Award

ISU
2019

Dixie L. Mills Faculty Scholar in Finance

ISU
2018

Manahan Family Award for Teaching Excellence in Business

ISU
2018

FIL Department Outstanding Researcher Award

ISU
2017

Journal Article

Sherrill, E. Concentrated holdings by funds: Putting all your eggs in the same basket. Journal of Investing 32.4 (2023): 42-61.
Aiken, A., Sherrill, E., & Upton, K. Side-by-Side Management of Mutual Funds and Actively Managed Exchange Traded Funds. Financial Review (2022): 1-25.
Sherrill, E., Shirley, S., & Stark, J. The use of ETFs in internationally-focused mutual fund portfolios. Quarterly Journal of Finance 11.3 (2021): 35.
Sherrill, E., Shirley, S., & Stark, J. ETF use among actively managed mutual fund portfolios. Journal of Financial Markets 51.2020 (2020): 1-15.
Sherrill, E., & Stark, J. ETF Liquidation Determinants. Journal Of Empirical Finance 48 (2018): 357-373.

Presentations

Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Southern Finance Association. (2024)
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Financial Management Association. (2024)
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Illinois State University. (2024)
Active Targets: An Examination of Target Date Funds' Costs and Performance Related to Active Management. Northern Illinois University. (2024)
Side-by-Side Management of Mutual Funds and Actively Managed Exchange Traded Funds. Financial Management Association Meeting. (2019)
ETF use among actively managed mutual fund portfolios. Southern Finance Association Annual Meeting. (2018)
Foreign focused mutual funds and exchange traded funds: Do they improve portfolio management?. Southern Finance Association Annual Meeting. (2018)
Foreign focused mutual funds and exchange traded funds: Do they improve portfolio management?. Eastern Finance Association. (2018)
Side-by-Side Management of Mutual Funds and Actively Managed Exchange Traded Funds. Southern Finance Association Annual Meeting. Southern Finance Association. (2018)
Actively Managed ETFs versus Actively Managed Mutual Funds. Southern Finance Association Annual Meeting. (2017)

Grants & Contracts

Department of Finance, Insurance, & Law Summer Research Grant. Department of Finance, Insurance, & Law. Illinois State University. (2023)
Department of Finance, Insurance, & Law Summer Research Grant. Department of Finance, Insurance, & Law. Illinois State University. (2021)