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Posted on: Jan. 21, 2021, 2:31 p.m.
Day traders getting rich buying trendy companies from solar power to cloud computing are defying two decades of money-losing history in ETFs that follow the approach. Stuffed with overvalued stocks, exchange-traded funds targeting the hottest investment themes actually lost as much as 5% per year on a risk-adjusted basis between 2000 and 2019, according to new research. It should serve as a reminder that good times don’t last, yet the speculative euphoria surrounding thematic funds keeps growing. One out of ... Full investment news articleRelevent to this post: Chicago Housing Authority The Ohio State University Office of Investments,