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BHVN - Is XBI ETF A Buy Or Sell In 2022 For ETF Investors?
Biohaven Pharmaceutical Holding Company Ltd.
The outlook for the pharmaceutical and biotech industry is good thanks to resilience versus crises and large macro tailwinds.
XBI and many biotech names have sold off a lot over the last year. The ETF is now trading lower than before the pandemic.
XBI's approach is different from that of IBB and other ETFs, as it does not focus on the large-cap established names. Whether that's good or bad depends on your goals.