- There are now almost more ETFs than stocks.
- Many new ETFs have a fancy name, but no relation to the actual trend they are supposed to profit from.
- We’ll discuss the new autonomous driving and electric vehicle ETF – DRIV!
Yesterday, I came across a new ETF on autonomous drive and electric vehicles. As I’m interested in the sector, I decided to give it a look and what I found is shocking.
I would like to take this opportunity to address an extremely important issue: given the mania surrounding ETFs, as they are perhaps the most popular investment products out there, I want to shed some light on the industry to show that not all ETFs are equal and you should really check an ETF before you invest in any such investment vehicle.
Before I dig into specific ETFs, let me just give an intro on the industry. More →