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home / news releases / IDNA - FBT: This Biotech ETF Is Better Avoided In The Short Term

IDNA - FBT: This Biotech ETF Is Better Avoided In The Short Term

iShares Genomics Immunology and Healthcare
  • FBT doesn’t pay any dividend and had a negative price growth over the short term.
  • Barring the inverse funds, all other biotechnology ETFs had a high negative growth over the past 12 months.
  • FBT’s price multiples are around category average, and current price is quite low, thus can be considered by long term investors.

For further details see:

FBT: This Biotech ETF Is Better Avoided In The Short Term
Stock Information
Company Name: iShares Genomics Immunology and Healthcare
Stock Symbol: IDNA
Market: NYSE
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