HELX

Franklin Genomic Advancements ETF

$34.94
+0.00%
Market closed. Last update: 12:38 PM ET

📎 Investment Objective

The Franklin Genomic Advancements ETF (HELX) seeks to provide long-term capital appreciation by investing in companies that are positioned to benefit from advancements in genomic science and related technologies.

Overview

ETF tracking Franklin Genomic Advancements ETF

Category Healthcare
Issuer Other
Inception Date 2020-02-27
Market Cap $19.2M
Average Volume N/A
Dividend Yield N/A
52-Week Range $23.96 - $35.47
VWAP $34.44

Performance

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Investment Summary

📎 Investment Objective

The Franklin Genomic Advancements ETF (HELX) seeks to provide long-term capital appreciation by investing in companies that are positioned to benefit from advancements in genomic science and related technologies.

🎯 Investment Strategy

The fund invests primarily in equity securities of companies that are involved in the research, development, production, or distribution of products or services related to genomics. This includes companies in the healthcare, biotechnology, and life sciences sectors. The fund's portfolio is actively managed, with the goal of identifying companies that are well-positioned to capitalize on the growth of the genomics industry.

✨ Key Features

  • Focuses on companies involved in the genomics industry, including healthcare, biotechnology, and life sciences
  • Actively managed portfolio aiming to identify companies poised to benefit from advancements in genomic science
  • Provides exposure to the potentially high-growth genomics sector
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Sector risk: As a thematic fund, HELX is heavily exposed to the healthcare and biotechnology sectors, which can be volatile
  • Concentration risk: The fund's focus on the genomics industry means it may be more susceptible to developments within that sector
  • Lack of performance history: With a limited track record, the fund's long-term performance is difficult to assess
  • Liquidity risk: As a relatively new and small fund, HELX may have lower trading volume and liquidity compared to larger, more established ETFs

👤 Best For

The Franklin Genomic Advancements ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the potentially high-growth genomics industry. Investors should be aware of the fund's sector-specific risks and lack of performance history.