Rates May Be Rising, but Don’t Forsake Growth Stock ETFs
May 03, 2021 at 09:14 AM EDT
Owing to the longer duration cash flows of many growth companies, growth stocks are often viewed as vulnerable rising interest rates. Nevertheless, the VictoryShares Nasdaq Next 50 ETF (QQQN) is higher year-to-date. That could be a sign that growth’s inverse relationship with Treasury yields...