CNBC senior markets commentator Mike Santoli highlighted three ETFs that try to track hedge fund holdings on Wednesday morning.
“Hedge funds have long been considered as smart money,” Santoli said. “For those who do consider hedge funds as smart money, there are a few ETFs that try and look at the stocks most commonly held by hedge funds.”
Santoli highlighted these three ETF plays:
- Goldman Sachs Hedge Industry VIP ETF (GVIP)
- Global X Guru® Index ETF (GURU)
- AlphaClone Alternative Alpha ETF (ALFA)