01.14.19
ETFs Try to Lure Investors Into Ever Narrower Niches
by: Conrad De Aenlle
Exchange-traded funds (ETFs) have evolved from covering only broad indexes and various sectors to subsets of industries, often in areas like robotics, cybersecurity, and video gaming that capture investors' imaginations. For investors interested in taking a shot with thematic ETFs, many advisors urge caution. Sam Masucci, CEO of the ETF Managers Group, views thematic ETFs as superior alternatives to buying individual stocks. But Christopher Cordaro, chief investment officer of RegentAtlantic, said, “Because they can be riskier, you wouldn't want them to be too much of your portfolio.”
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