New ETF tracks US stocks that appeal most to retail investors
Defiance ETFs and Futurum Equities have launched the Defiance Retail Kings ETF, targeting high-growth stocks appealing to retail investors. The ETF will manage a portfolio of 30 to 50 stocks, focusing on companies expected to thrive over the next decade. Recent trends show retail investors significantly influencing the market, with $12.9 billion invested in U.S. stocks recently. Notable initial holdings include Micron, Palantir Technologies, and Robinhood. This ETF aims to cater to the growing interest of self-directed investors, moving away from the volatility of meme stocks.
