The 50 Most Innovative Firms On The Stock Market In One Fund

A new exchange traded fund created to track the 50 most innovative firms on the stock market has won investors over. The Innovator IBD 50 ETF (FFTY) experienced about $64 million in investor inflows since it debuted April 9, according to ETF.com. That's a Jurassic World-like opening in the ETF industry in which many new funds go extinct after one or two years for failure to attract the $25 million minimum needed just to break even.