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 story : Work from home ETFs rally as case counts spike #FinanceUSA #StockMarketNEWS Exchange-traded funds with exposure to technologies that enable home-based work and school gained Monday as COVID-19 cases

@stockMarketNEWS Tue 13 Apr, 2021

Posted in: #FinanceUSA #StockMarketNEWS

Work from home ETFs rally as case counts spike #FinanceUSA #StockMarketNEWS
Exchange-traded funds with exposure to technologies that enable home-based work and school gained Monday as COVID-19 cases spiked. The Direxion Work From Home ETF gained 0.3%, as did the First Trust NASDAQ Cybersecurity ETF , while the Global X Cloud Computing ETF added 0.2%. In the past week, 28 states have seen cases rates trend higher, according to Johns Hopkins University data, even as vaccine rates charge higher. In the year to date, as enthusiasm for the "re-opening" trade gains steam, the ETFs noted above are mostly lower; WFH has gained 5%, however. But over the past 12 months, they've been big gainers. The WisdomTree Cloud Computing Fund , which slipped lower Monday, is up 106% over the past 12 months.


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