June 29, 2020
InvestorPlace: Best ETFs for 2020: The iShares Russell 2000 Growth ETF Storms Back
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2020-06-26 17:02:42, Ian Bezek, InvestorPlace
Content Categorization
/Finance/Investing
/News
/Business & Industrial
Word Count:
934
Words/Sentence:
17
Reading Time:
6.23 min
Reading Quality:
Intermediate
Readability:
11th or 12th
My pick for the best exchange-traded-fund of 2020, the iShares Russell 2000 Growth ETF (NYSEARCA:IWO), got off to a horrible start.
Ian Bezek's choice for the contest is the iShares Russell 2000 Growth ETF (NYSEARCA:IWO).
Mayflower Advisors' fund manager Larry Glazer summed it up last July: "Investors are fearful, and they've been positioning for the smallest stocks they can get their hands on, and the most domestic stocks they can get their hands on in hopes of escaping this trade war."
While IWO doesn't take large individual positions – it has hundreds of positions as it is a broad index fund – the big winners like Teladoc naturally rise to be larger positions thanks to price appreciation.
Any sort of "buy American" sentiment resulting out of the coronavirus would also be a massive win for the IWO's constituent companies, and place it among the best ETFs to buy in 2020.
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