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
FIL 241.003 Financial Markets
FIL 241.004 Financial Markets
FIL 242.006 Investments
FIL 241.002 Financial Markets
FIL 241.003 Financial Markets
FIL 241.004 Financial Markets
Teaching Interests & Areas
Finance
Investments
Financial Markets
Risk Management & Insurance
Research Interests & Areas
Exchange-traded funds
Mutual funds
Target-date funds
College savings funds (529's)
Municipal bonds
Institutional ownership
Journal Article
Nishi, H., Peabody, D., Sherrill, E., & Upton, K. Do labels matter: Impact of Changing ESG Classifications for Funds. Journal of Investing (2025): 12.
Sherrill, E., & Upton, K. Active ingredients: How actively managed holdings shape target date fund performance and costs. Journal of Financial Research (2025)
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.
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)
Reality Fair Analysis and Comparison - Spring and Fall 2024. ItsMyCreditUnion. (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)
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)