From marijuana to the metaverse: specialised ETFs underperform

From marijuana to the metaverse: specialised ETFs underperform

New research shows investors should be wary of funds focused on specific themes or one industry

✒ Conclusion by the author:

Investors should beware when considering investing in specialised ETFs. They risk losing along three dimensions: they sacrifice portfolio diversification, they are likely to invest in overvalued assets and they pay higher fees.