Biden’s EV Plan Could Put This Automotive ETF in the Fast Lane
August 05, 2021 at 18:00 PM EDT
The Biden Administration wants 40% to 50% of cars sold in the U.S. to be electric by 2030. Count the First Trust NASDAQ Global Auto Index Fund (CARZ) among the exchange trade funds that should benefit from that push. CARZ, which tracks the NASDAQ OMX Global Auto Index, has long been levered to the...
