Just when you thought you saw every ETF possible, here comes the Whiskey ETF

Another step in the increasingly creative world of ETFs. This one touches on an aspect of our Guilty Pleasure, and while we find it lacking at least it attempts to connect the dots across the whiskey food chain. 

ETF Managers Group is releasing an ETF that plans to track the performance of the whiskey and bourbon industry, pending approval by the Securities and Exchange Commission.The ETF will track an index made up of companies “across a wide variety of industries that are involved in the overall ‘Bourbon and Whiskey Economy’,” according to a filing with the SEC. This includes producers of crops that go into the production, the aging of whiskey, by-product management of whiskey products, and more.

Source: Whiskey ETF – Business Insider

About the Author

Chris Versace, Chief Investment Officer
I'm the Chief Investment Officer of Tematica Research and editor of Tematica Investing newsletter. All of that capitalizes on my near 20 years in the investment industry, nearly all of it breaking down industries and recommending stocks. In that time, I've been ranked an All Star Analyst by Zacks Investment Research and my efforts in analyzing industries, companies and equities have been recognized by both Institutional Investor and Thomson Reuters’ StarMine Monitor. In my travels, I've covered cyclicals, tech and more, which gives me a different vantage point, one that uses not only an ecosystem or food chain perspective, but one that also examines demographics, economics, psychographics and more when formulating my investment views. The question I most often get is "Are you related to…."

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