A Biotech ETF for Up-and-Coming Drug Developers
September 5th at 2:17pm by Tom Lydon
I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market.
This Thursday, I took a look at the SPDR S&P Biotech ETF (NYSEArca: XBI). Instead of betting on a few small up-and-coming biotechnology firms, this equal-weight biotech ETF helps provide a diversified approach to the industry.
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