There is a growing number of so-called ETFs of ETFs, or an ETF that features other ETFs as its holdings. With funds that invest in multiple asset classes becoming increasingly popular, it would not be surprising to see more ETFs of ETFs come to market.
“In the past year, $37 billion has gone into funds that invest in multiple asset classes, such as allocation and target-date funds, while $125 billion has fled U.S. equity funds, Barron’s reports, citing Morningstar. [A Look at ETFs of ETFs]
And with international stocks currently in favor, it would not be surprising to see IFV gain a larger following among advisors and investors, even with its pricey 1.1% annual fee.
First Trust Dorsey Wright International Focus 5 ETF
