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This New ETF Will Let You Bet On Drones Taking Off
Many thematic (not sector) ETFs like those mentioned in the article are, in my view, mainly short-to-near-term fads. Their being 'successful' comes down to how much AUM they can gather by people who fall for their marketing. An ETF that launched in 2014 or 2015 cannot, in my view, be considered "successful" in anything other than its AUM for the vendor ... how it performs under varying market conditions over time is how I view a fund's ability to be 'successful."
Comments
Many thematic (not sector) ETFs like those mentioned in the article are, in my view, mainly short-to-near-term fads. Their being 'successful' comes down to how much AUM they can gather by people who fall for their marketing. An ETF that launched in 2014 or 2015 cannot, in my view, be considered "successful" in anything other than its AUM for the vendor ... how it performs under varying market conditions over time is how I view a fund's ability to be 'successful."
Regards,
Ted