FAANG Woes Hammer a Big Internet ETF
November 28, 2018 at 13:33 PM EST
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...