
The world of Exchange-Traded Funds (ETFs) is now witnessing a new trend – funds that aim to replicate the investment strategies of famous investors like Warren Buffett, Bill Ackman, and Cathie Wood. But are these “copycat” ETFs worth the investment?
What Happened: This trend has taken shape in two distinct forms, with celebrity ETFs gaining traction through either direct involvement from star investors or by replicating their publicly disclosed trades, according to an Investopedia report on Monday.