What factors should I consider when choosing a 10-year Treasury ETF for my cryptocurrency portfolio?
BerbezNov 26, 2021 · 3 years ago1 answers
I am looking to diversify my cryptocurrency portfolio and considering adding a 10-year Treasury ETF. What factors should I take into account when choosing the right ETF?
1 answers
- Nov 26, 2021 · 3 years agoWhen choosing a 10-year Treasury ETF for your cryptocurrency portfolio, it's important to consider the reputation and track record of the ETF provider. Look for providers with a strong history of managing ETFs and a good reputation in the industry. Additionally, consider the fees associated with the ETF. Higher fees can eat into your returns over time. It's also worth looking at the ETF's assets under management (AUM). Higher AUM can indicate investor confidence and may result in better liquidity for the ETF. Finally, consider the ETF's tracking error. A lower tracking error indicates that the ETF closely follows its benchmark index. Consider these factors and choose an ETF that meets your needs and aligns with your investment goals.
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