Every exchange traded fund (ETF) investor has at least a few of their favorite, go-to funds. It’s also worthwhile at times to periodically check out the favorites of others to expand your horizons and get new ideas.
According to Don Dion for The Globe and Mail, he’s chosen his top five ETFs based on the fact that he feels they capture their theme, provide liquidity and exploit the advantages of the ETF model. This is by no means a conclusive list – there are many, many worthy ETFs out there.
These five ETFs address important themes in the financial world of today:
Biotech. iShares Nasdaq Biotechnology (NasdaqGM: IBB) is up 11% year-to-date. Biotechs include many start-up companies that burn out, but a lucky few do strike it rich. Instead of shifting through all the possible companies, the ETF offers a great way to pick up the sector.