IFLY's Returns Take Off for Drone ETF

The video discusses the ETF MG Drone Economy Strategy ETF, known by its ticker IFLY. It highlights the ETF's focus on the global drone industry, which is projected to be worth $11 billion by 2020. The fund includes nearly 50 holdings, primarily in aerospace and telecom sectors, with major companies like Boeing and GoPro. The ETF has shown significant growth since 2016, with a total return of over 45%. Despite a high expense ratio, it has attracted $50 million in assets and is positively rated by Bloomberg Intelligence.

What is the primary focus of the ETF MG Drone Economy Strategy ETF?

• Cryptocurrency

• Real estate

• Global drone industry

• Renewable energy

Which of the following companies is NOT among the biggest holdings of the IFLY ETF?

• Aerovironment

• Boeing

• Perot

• Tesla

Which country contributes the most to the IFLY ETF's weighting?

• Turkey

• United States

• Japan

• France

Since its inception in 2016, what has been the total return of the IFLY ETF?

• 30%

• 45%

• 60%

• 75%

What is the expense ratio of the IFLY ETF?

• 100 basis points

• 60 basis points

• 50 basis points

• 75 basis points