FAANG Woes Hammer a Big Internet ETF

MarketsETF Trends

This article was originally published on ETFTrends.com.

Not surprisingly, the recent deterioration in the FAANG trade is posing problems for scores of growth funds, including Internet-related exchange traded funds. The First Trust Dow Jones Internet Index (NYSEArca: FDN), the largest Internet ETF by assets, is sporting a fourth-quarter loss of nearly 16.50%. Making matters worse for FDN is that the ETF is [...]

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