No shortage of risks This ETF was pretty inevitable given the market we are in and features one of the longest risks sections I ve seen in a prospectus in a long time, said Eric Balchunas, ETF analyst for Bloomberg Intelligence. But it may simply have too much going on to have a breakout.
If it comes to market, FOMO will be the latest in a series of ETFs appealing to the runaway risk appetite sweeping across assets. The VanEck Vectors Social Sentiment exchange-traded fund, which aims to buy the stocks most loved by investors online, had one of the strongest debuts on record last week after it was promoted by Barstool Sports Inc. founder Dave Portnoy.
A new ETF named FOMO targets everything from SPACs to volatility bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.