I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
This week, I took a look at the First Trust NYSE Arca Biotechnology Index Fund (NYSEArca: FBT). FBT follows an equal-weight approach to the biotech sector, providing exposure to some of the next breakthrough drugs that could hit the market.
Click here to listen to the podcast.
To access previous podcasts, take a look at our podcasts category.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.