Should You Invest in Snap via IPO ETFs
Most of these ETFs invest in shares initial public stock offerings. This is a category that is best suited for the most aggressive of investors.
While we hear the story of if you had invest X dollars in this one one company back in year X, it would now be worth big bucks, the reality is many new companies fail to ever come close to that level of success. Now, some of these ETFs may have a particular screening method to eliminate some of that risk, the risk of long-term success is still a question mark and why aggressive investors need only apply.
This category ranks #53 out of 65 ETF categories.
The average cap-weighted SMART Grade for ETFs in this category is A (Strong Buy).