IPO ETFs Dodge the Flimsiest new Stocks
July 17, 2015 at 12:43 PM EDT
Simply put, the most important factor in an equity-based exchange traded fund’s performance is the gains and/or losses accrued by the fund’s underlying holdings. That is an important reminder when considering the year-to-date performances of the First Trust US IPO Index Fund (NYSEArca: FPX) and the...