Comment by rustystump
20 minutes ago
Very silly question but cant someone just spin up an index cutting out spacex? Like even an etf that is nothing more than an sp500 sans non profitable companies?
20 minutes ago
Very silly question but cant someone just spin up an index cutting out spacex? Like even an etf that is nothing more than an sp500 sans non profitable companies?
Yes that's definitely possible and will probably happen. The big hurdle is traction though. How many people will know about it and be willing/able to shift into it? A lot of passive investments are effectively locked in by unrealized gains or limited 401k provider options.