For this week's episode of ETF 360, ETF Developments CEO Tom Lydon and CIO Dave Nadig caught up wit
For this week’s episode of ETF 360, ETF Developments CEO Tom Lydon and CIO Dave Nadig caught up with Scott Helfstein, Government Director of Thematic Investing at ProShares, to debate what 2020’s rise of thematic and innovation might result in in 2021.
Watch the Full ETF 360 Episode Right here:
For Helfstein, he believes that innovation is a strategic crucial for corporations. This interprets to constructing and creating know-how to create new enterprise processes. Moreover, merely characterizing it as an asset class is virtually a disservice to how vital it really is throughout all companies.
As he states, “Both corporations are being progressive, or they are going to be left behind. We wish to discover the businesses which might be progressive, however that oftentimes means entering into the weeds and understanding innovation in several components of the economic system and in several industries.”
ANEW Perspective
When discussing ProShares’ latest product, the ProShares MSCI Transformational Modifications ETF (ANEW), Helfstein explains how, at present, a big focus is on traits which might be accelerated by coping. With work attitudes and preparations shifting because of working from house, it is led to a dramatic shift that must be accounted for. It isn’t simply because of the Covid-19 pandemic both, because it actually seems like a shift that was occurring already, solely to have been accelerated by the presence of the virus.
“We’re actually targeted on long-term, secular traits that had been accelerated by the pandemic,” Helfstein states. “Now, a few of these are issues which might be actually relatable — telehealth, working from house, cloud computing, all issues that we have used. However, what does that imply for the long run?”
As Helfstein clarifies, there’s a extra environment friendly use for issues like information and healthcare, not to mention extra collaboration instruments for individuals to make use of. There’s additionally the expansion of the cloud, which has confirmed to be cheaper and extra environment friendly.
This extends to genomics and biotechnology, as identified by Lydon. As Helfstein makes clear, this yr would be the first time a genomic drugs will probably be administered on a mass scale, which once more comes from accelerated work, however with a constructive intention that can go away an affect and push ahead the genomic revolution.
So far as easy methods to look out for surprising themes, Helfstein explains that he and ProShares are primarily wanting into habits change through the pandemic in 4 methods. For instance, how individuals work, maintain themselves, devour, and join. Inside these areas, there are roughly 20 totally different themes. There are lots of totally different explorable areas as properly, akin to cybersecurity and digital funds with regards to work. And nonetheless, there’s at all times extra to look out for.
For extra ETF 360 movies, go to our ETF 360 Channel.
Learn extra on ETFtrends.com.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.