This Hot Industrial ETF Could Shoot Even Higher Thanks to Biden
April 13, 2021
The cyclical/value resurgence is lifting the industrial sector. The Biden Administration’s infrastructure efforts could bring even more upside for exchange traded funds like the
PRN tracks the Dorsey Wright Industrials Technical Leaders Index, which is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe.