Investors may want to aim for ETFs with exposure to biotech, consumer staples and lithium, as traditional defensive plays in sectors like utilities and health care seem to be wavering as of late, according to an article on Benzinga.
The following are three ETPs outlined by Benzinga staff member “the ETF Professor” in an article for the site:
- First Trust NYSE Arca Biotech Index Fund (NYSEArca: FBT)
- PowerShares S&P SmallCap Consumer Staples Portfolio (NasdaqGM: PSCC)
- Global X Lithium ETF (NYSEArca: LIT)
These funds have managed to post dramatic gains over the past month or so, and may be in position for further growth, Benzinga said.
To read more on the funds listed above, visit Benzinga.com.