ArkadParticipantStatus: PhysicianPosts: 113Joined: 07/27/2016
Has anyone looked into some of the EV Index ETFs that invest in companies that are part of the supply chain? Thinking about a small investment in one.September 9, 2019 at 4:20 pm MST #244983PedsModeratorStatus: PhysicianPosts: 4447Joined: 01/08/2016
Completely unnecessary. I own them already.Vagabond MDParticipantStatus: PhysicianPosts: 3477Joined: 01/21/2016
No one loves his/her EV more than I do, but I have no interest in an ETF that invests in them. How would it be constructed? Who devises the “index”?
"Wealth is the slave of the wise man and the master of the fool.” -Seneca the YoungerZaphodParticipantStatus: Physician, Small Business OwnerPosts: 6186Joined: 01/12/2016
This is going to be a manufacturing and commodity index in the end. Ofc there could be some good growth due to increased EVs and a small base but in the end its the same issue. Just like the stocks of the car makers themselves, car making is just a tough business, and suppliers are then subject to the makers.