When Playing Infrastructure, Some ETFs Are Better Than Others
April 16, 2021
The Biden Administration’s big, bold infrastructure effort has plenty of related exchange traded funds attracting attention, but the
NFRA tries to reflect the performance of the STOXX Global Broad Infrastructure Index, which identifies equities that derive the majority of revenue from the infrastructure business, providing exposure to both traditional and non-traditional infrastructure sectors.
“President Joe Biden’s ambitious infrastructure package could spell big upside for a handful of exchange-traded funds with exposure to the semiconductor, health care and industrials sectors, Bank of America told its clients,” reports Thomas Franck for CNBC. “ETF strategist Jared Woodard wrote that the end of the Covid-19 pandemic and Biden’s $2 trillion infrastructure plan are expected to spark a ‘boom’ in capital expenditures as companies build new factories and plants in the U.S.”