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Comment by kccqzy

Definitely no. ETFs merely hide the fact that the underlying are futures contracts. ETFs make these futures contracts seem like stocks so any Tom Dick or Harry thinks they understand it and buys them. It's a very leaky abstraction.

> They can't go below 0

One month ago people know that futures can't go below 0. What guarantees ETFs will never go below zero? It's economically absurd to think an ETF holding negatively priced assets will still have positive value.

I would argue that if an investor isn't knowledgeable enough to trade an underlying, the investor shouldn't trade an ETF of these.

parent kccqzy 6 years ago

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