Precious metals continue to have an interesting summer. Inflation fears still stalk the market, but last month the U.S. dollar rebounded with more strength than anticipated. That usually spells big trouble for inflation hedges, like precious metals, but the metals complex remained resilient. Gold Gold ended the month at $1,846.70/oz, up 2% on the month. [...] Read more at ETFtrends.com.
Renewable energy funds like the ALPS Clean Energy ETF (ACES) may have stumbled in the first six months of 2021, but those sticking these products could be rewarded for their patience. The reason is simple. While some market participants opted to ring the register on ACES and clean energy equities in the first half, renewable energy spending soared to new [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the ProShares ProShares UltraPro Short QQQ ETF (Symbol: SQQQ) entered into oversold territory, changing hands as low as $8.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indi
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares U.S. Treasury Bond ETF, where 30,800,000 units were destroyed, or a 5.1% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI EAFE Growth ETF, which added 7,200,000 units, or a 6.9% increase week over week. Among the largest underlying components of EFG, in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Semiconductor Bull 3X Shares
(Symbol: SOXL) where we have detected an approximate $461.8 million dollar outflow -- that's a 10.0% decrease we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARK Genomic Revolution ETF (Symbol: ARKG) where we have detected an approximate $110.9 million dollar outflow -- that's a 1.3% decrease week over we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the USO ETF (Symbol: USO) where we have detected an approximate $94.4 million dollar outflow -- that's a 3.4% decrease week over week (from 58,223,603 t
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Portfolio Emerging Markets ETF (Symbol: SPEM) where we have detected an approximate $65.1 million dollar outflow -- that's a 1.1% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $500.1 million dollar inflow -- that's a 8.7% increase week over week in outst
On the surface, the US economy continued to hum along in July, with the Advance Estimate of Q2 GDP coming in at a +6.5% annualized rate. Q1 GDP was revised lower, to +6.3% from +6.4%. Under the surface, economic data as a whole has been missing expectations for months. The Citi US Economic Surprise Index [...] Read more at ETFtrends.com.
The bond market’s risk/reward profile has never been less favorable for investors; interest rate risk is near all-time highs, while yields hover near all-time lows. In the upcoming webcast, Feeling Like It’s Time to Get Out of Bonds? Here’s Your Strategy, Bruce Bond, Co-Founder and CEO, Innovator ETFs; and Graham Day, Vice President of Product [...] Read more at ETFtrends.com.
On Wednesday, Duff & Phelps Investment Management Co. and Virtus ETF Solutions, both affiliates of Virtus Investment Partners, Inc. (NASDAQ: VRTS), announced the introduction of the Virtus Duff & Phelps Clean Energy ETF (NYSE: VCLN), the first ETF strategy managed by Duff & Phelps. The Virtus Duff & Phelps Clean Energy ETF seeks attractive total returns by investing globally in a portfolio [...] Read more at ETFtrends.com.
On Wednesday, SonicShares™ announced the launch of the SonicShares™ Global Shipping ETF (NYSE Arca: BOAT), which seeks to track the Solactive Global Shipping Index. BOAT provides investors with pure-play exposure to a portfolio of global companies engaged in maritime shipping. It is difficult to overstate how important shipping is to international trade and the global economy as [...] Read more at ETFtrends.com.
U.S. markets slipped Wednesday, but growth stocks and related exchange traded funds maintained their strength after updated economic data revealed the private sector added fewer jobs than expected over July, weighing on more economically sensitive sectors. ADP data revealed that 330,000 private sector jobs were added last month, or almost half the number economists were [...] Read more at ETFtrends.com.
Is The 60/40 Portfolio Broken? If So, Then Fix It! (Original Post August 2018, Updated June 2021) DOWNLOAD PDF What Will Be Covered Challenges to the Traditional Portfolio The Attraction of the 60/40 Keeping an Eye on the Yield Curve Impact of Low Yields on Portfolio Return Unappealing Options Rising Rates Means Losing Value A [...] Read more at ETFtrends.com.
In the midst of what appears to be a unique Q2 earnings season, with strong results and unimpressive guidance (especially for the technology sector), along with increased fears surrounding the Delta Covid variant, we are further reminded of the differences between the markets and the economy. Rewind to the start of 2020: most were worried [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the Oil Services ETF (Symbol: OIH) crossed below their 200 day moving average of $181.36, changing hands as low as $178.78 per share. Oil Services shares are currently trading off about 6.4% on the day. The chart below shows the one year per
Income-minded investors can turn to an innovative exchange traded fund strategy that may help enhance yield generation by up to 4X the S&P 500 dividend yield with modestly lower exposure to the broader equities market. In recent webcast, Is Your Client Getting Enough Yield? Let’s Quadruple It, Sean O’Hara, President, Pacer ETFs Distributors; and Richard [...] Read more at ETFtrends.com.