Social Media, 3D Printing Lead Rise of Theme ETFs

The video discusses recent ETF activities, focusing on theme ETFs in social media, 3D printing, cloud, and biotech sectors. It highlights the volatility and unique characteristics of these ETFs, such as their quick adaptation to IPOs and lack of overlap with major indices. The video also covers the performance of these ETFs, driven by acquisitions and smaller company weightings.

What is the significance of IPOs in relation to theme ETFs as mentioned in the text?

How does the performance of the biotech ETF compare to the big biotech ETF (IBB) according to the text?