For Biotech ETFs, It’s All About U.S. Presidential Politics
September 01, 2016 at 12:00 PM EDT
Simply put, the iShares Nasdaq Biotechnology ETF (NasdaqGS: IBB), which tracks the Nasdaq Biotechnology Index, and rival biotechnology exchange traded funds have been hampered by presidential politics this year, a theme that may not evaporate until after Election Day. IBB, the largest biotech ETF...