IF YOU COULD BUY ONE STOCK MARKET ETF, THIS WOULD BE IT – IT IS NOT S&P 500 $SPX $SPY $QQQ $FDN $NFLX $PYPL $FB $AMZN $NDX
Amid the coronavirus-led shutdown, the internet has become an increasingly important part of people’s lives and the economy. As a result, it just makes sense that stock market investors want to invest in internet-related stocks.
If you could buy only one ETF on a market pullback, maybe it’s not the S&P 500 ETF SPY even though it tracks the benchmark index S&P 500 SPX. The ETF to consider is First Trust Dow Jones Internet Index Fund FDN.
Let’s explore this issue with the help of a chart.
Chart
Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA which tracks the Dow Jones Industrial Average DJIA compared with three other ETFs.
May 13, 2020