Biotech ETFs: Watch Out For Negativity

September 23, 2015 6:04 PM

20 0

Biotech ETFs: Watch Out For Negativity

When investing in a biotech exchange-traded fund, read the fine print.

The Nasdaq Biotechnology ETF” postfix=””], which attempts to replicate investment results of the Nasdaq Biotechnology Index, shows why. On the fund’s website, the price/earnings ratio of the ETF is listed as 28.29 times. That is pricey, but arguably not unreasonable for a growth sector.

Also read: AT&T, Time Warner Shares Drop Amid Wall Street Skepticism

Read more

To category page