Basic Materials ETFs by Leslie N. Masonson
The materials sector has had market-beating performance over the past year, especially those funds or securities with a metals and mining component. “Materials” is one of the S&P’s 11 sectors, and investors and traders might take a look at this critical and growing area of the US’s expanding economy, which could benefit from the billions of dollars that will be spent through infrastructure spending bills.
Basic materials exchange-traded funds (ETFs) hold companies that focus on the production and exploration of raw materials. More specifically, these areas include the manufacture of chemicals, containers and packaging, metals and mining, construction materials, building products, and paper and forest products ...