Of ETFs and Oddballs

By James Hires Exchange-traded funds (ETFs) are one of the fastest-growing investment opportunities out there today. If current trends continue, they’ll even overtake mutual funds in terms of market share and assets under management.

As of 2017, there were more than 2,000 U.S.-based ETFs and more than 4,000 globally.

In any group that large, there are bound to be a few oddballs. There’s an ETF related to gambling, one dealing with livestock and even a MAGA ETF that invests in companies that back Republicans.

As you can see, ETFs aren’t your dad’s fund investments. They’re more personalized, diverse and flexible than mutual funds.

I’ve found two to …read more