Buzz ETF – the latest hot investment craze?

Buzz ETF – the latest hot investment craze?
A major attraction of the Buzz ETF, which is based on the Buzz Index, is that the index appreciated by 84.3% in the year to February 28, 2021.
Brian Gaynor
A new investment craze, based on social media commentary, emerged in the US last week with the establishment of Buzz ETF, officially known as the VanEck Vectors Social Sentiment ETF.Last Thursday, on its launch day, the ETF attracted an amazing US$280 million from investors.The Buzz ETF tracks the 75 large-cap US companies in the BUZZ NextGen AI US Sentiment Leaders Index. The companies included in this index are those that “exhibit the highest degree of positive investor sentiment and bullish perception based on content aggregated from o...

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