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Specialized ETFs: Financial Innovation or Active Gamble?

Specialized ETFs are Underperforming, Avoid Them Like the Plague

From marijuana legalization to the rise of work-from-home opportunities, if there is a market trend or theme, there will be a specialized ETF for it. Financial innovation has thrived since the cost of launching new specialized ETFs is low and competition among fund issuers is fierce. Over the last three decades, many new ETFs have […]

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