One way to identify the attractiveness of a specific industry is to look into industry-based ETFs. Please
Question:
One way to identify the attractiveness of a specific industry is to look into industry-based ETFs. Please go to one of the most popular ETF websites,https://www.ishares.com, and sort the ETFs as follows: ( Please click on "View all funds" -> Filters (Product View: ETF / Asset Class : Equity / Markets and Regions: North America / Product Range: Sectors and Industries). I believe you will find 31 industry-based ETFs.
1. Which ETF has had the best year-to-date performance (based on 12m Trailing Trend)? Which of the 31 ETFs do you think is the best fit for your investment? Why?
2. According to our textbook:" Grant, Robert. Contemporary Strategy Analysis,11th Edition., Wiley - Blackwell (2022)" (Table 3.1, p. 57:), one of the most appealing industries is the tobacco industry. Using Porter's five forces model, please explain why the tobacco industry is attractive.
3. Do you think investing in a tobacco company is a good idea or not?What is your reasoning?