The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: Aardvark on September 18, 2020, 12:28:31 PM
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Hi all,
Business Insider released an article with the title: "New ETF aims to deliver gains from S&P 500, Nasdaq 100, and Russell 2000 simultaneously — with only one index's losses".
It sounds like click-bait, but they seem to be serious.
Any insights?
Here is the article:
https://markets.businessinsider.com/news/etf/innovator-stacker-etfs-sp500-nasdaq-russell-exposure-tsoc-dsoc-dboc-2020-9-1029602504#
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Sounds like the ETF version of the insurance products that claim to offer upside of stocks without the downside. Similar to those products note that it offers a "capped upside" and a high 0.79% fee. No thank you.