Betting. Alcohol. Drugs. New B.A.D. ETF Will Live Up to Its Name
- Listed Funds plans fund targeting some so-called sin stocks
- Most in the industry are tilting toward doing good and ESG
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In an investing world seemingly obsessed with doing good, one exchange-traded fund issuer is looking to profit from the not-so-good.
Listed Funds Trust is planning to create the B.A.D. ETF, a passive product that will track an index of betting, alcohol and drugs companies, according to a Monday filing.