I was googling high end medical device ETFs, hoping to get exposure to an industry that I think will be strong in the next 10 years+. After googling I found this AMZA, ETFIS SER TR I INFRACAP MLP ETF NEW.
I bought via vanguard and haven't put much in, but i'm confused to all hell. So it turns out to be an energy ETF, but used to be worth 100/share but now is 15/share? Did energy tank during that time?
It seems to be doing well since I invested, but now that I know it isn't what I thought it was, I'm not sure to let it ride longer or move it to what I thought was modern surgery.
My main question is if anyone can explain why it went from 100/share to 13/share, and why it seems to be doing well now. I know it is energy but a 90% reduction on an ETF seems odd. Also vanguard seems to have like no history on it.
Also, does anyone know of telesurgery / ai surgery ETFS?
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