2020-06-26 09:02:42, By Ian Bezek, InvestorPlace Contributor, InvestorPlace
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/Business & Industrial
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My pick for the best exchange-traded-fund of 2020, the iShares Russell 2000 Growth ETF (NYSEARCA:IWO), got off to a horrible start.
Any sort of "buy American" sentiment resulting out of the coronavirus would also be a massive win for the IWO's constituent companies, and place it among the best ETFs to buy in 2020.
Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha.
This should, in turn, drive a sector rotation back into domestic small-cap companies like we saw last summer.
Is IWO Still One of the Best ETFs?
At this point, IWO's 2020 outlook rests primarily on whether a potential second-wave of the coronavirus ends up shutting down the economy again.
That's looking like an increasingly compelling idea now as traders continue to focus on nimble fast-growing technology firms.
IWO: Concentrated In Favorable Sectors
The IWO ETF is focused primarily on two sectors: healthcare and technology.
Ian Bezek's choice for the contest is the iShares Russell 2000 Growth ETF (NYSEARCA:IWO).
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