/biz/ - Business & Finance

Anonymous Sat Nov 28 02:45:51 2020 No.24348321 [View]
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>>24348201
They'll rotate those out when they lose steam. MOON is supposed to track this index:
https://www.spglobal.com/spdji/en/indices/equity/sp-kensho-moonshots-index/#overview

Which is back-tested but gives you a general overview of what they're going for. So far they've been green or neutral pretty much every day since inception, even when NIO and WKHS had bad days. Anons have mentioned "it's better to just buy WKHS or NIO" but the "shit" stocks in the ETF seem to keep it afloat pretty damn well even when those are weak. I own WKHS and NIO too anyway so I guess extra exposure to them doesn't really bother me much.

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