Nasdaq ETFs

By Nicolas Fonseca, CFA, Associate PM Fallen angel high yield bonds1 have continued to outperform broad high yield2 in a variety of market conditions. In Q2 2021, fallen angels’ longer duration contributed to their 1.87% outperformance over the broad high yield bond market. The segment also benefitted from higher weights to recent fallen angels and going forward [...] Read more at ETFtrends.com.

Commodities rallied 21% in the first half of 2021, making them the top performing asset group ahead of U.S., European, emerging market and non-Japan Asian stocks. The broad-based index of energy, agriculture, industrial metals and precious metals rose the same amount as high-flying Bitcoin, which pulled back after hitting its all-time high of more than [...] Read more at ETFtrends.com.

By Jared Dillian Here’s a quote I picked up on Twitter a few weeks ago—it’s attributed to Richard Russell (paraphrasing): “A bull market is a bull. It tries to throw off its riders.” Let’s go back in time to the dot-com bubble of the late 1990s. It’s easy to look at the chart below and [...] Read more at ETFtrends.com.

To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.

Fixed income investors are picking up Treasury bond exchange traded funds, reflecting lessening inflation fears but potential growth concerns. The iShares 7-10 Year Treasury Bond ETF (IEF) was among the most popular ETF plays of the past week, attracting over $1.2 billion in net inflows, according to ETFdb data. Fueling the anxiety over the growth [...] Read more at ETFtrends.com.

As rail companies come out with strong quarterly earnings and gain steam on the economic reopening, investors could look to transportation exchange traded funds to capture the expanding economic activity. An index of the largest U.S. freight rail companies just enjoyed its best three-day advance since March, outperforming the S&P 500 after Canadian National Railway [...] Read more at ETFtrends.com.

China country-specific exchange traded funds reeled as Beijing increases scrutiny on domestic companies listed overseas. On Friday, the Xtrackers CSI 300 China A-Shares ETF (ASHR) fell 1.3% and the KraneShares Bosera MSCI China A Share ETF (KBA) dropped 1.5%. China ETFs that don’t track the China A-shares market or Chinese companies listed in overseas exchanges took [...] Read more at ETFtrends.com.

International markets and related exchange traded funds maintained their momentum Friday, with European stocks closing at an all-time high, as a strong earnings season and the European Central Bank’s supportive monetary policy outlook helped offset concerns over the more infectious Covid-19 Delta variant. “The Monday selloff seems like a moment of brief panic, and … [...] Read more at ETFtrends.com.

On this season of The Switch, host Ren Leggi, Client Portfolio Manager for ARK, is joined by ETF Trends CEO Tom Lydon and CIO Dave Nadig, with plans to focus on four market inefficiencies found within the public equity markets for innovative stocks. Kicking things off, episode one is a discussion of the market’s short-term [...] Read more at ETFtrends.com.

Stocks and index ETFs are surging higher to close out the week, with the S&P 500 notching a new record Friday. Key stock benchmarks are pushing aside worries about economic growth. The Dow Jones Industrial Average climbed 0.7%, adding to three consecutive days of gains. The S&P 500 and Nasdaq Composite each rallied 1% as well. [...] Read more at ETFtrends.com.

The iShares Global Tech ETF is seeing unusually high volume in afternoon trading Friday, with over 2.0 million shares traded versus three month average volume of about 34,000. Shares of IXN were up about 0.8% on the day.

The Invesco Taxable Municipal Bond Fund (NYSEArca: BAB) once featured “Build America bonds” in its name, hence the ticker “BAB.” While the exchange traded fund’s name changed, it remains one of the premier avenues for accessing a broad portfolio of taxable municipal bonds, and with some market observers seeing signs of life in the often [...] Read more at ETFtrends.com.

In trading on Friday, the Vanguard Communication Services ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Snap, up about 25% and shares of Roku, up about 9.1% on the day.

Amid speculation that stocks could be in for some bumpiness over the near-term, some investors may be considering exchange traded funds like the Invesco S&P 500 Low Volatility ETF (SPLV). That’s a fine idea in its own right, but understanding how SPLV and other low volatility ETFs is paramount in avoiding disappointment. For its part, [...] Read more at ETFtrends.com.

Looking for a new take on dividend growth? The strategy behind the SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is up nearly 40% on the year, making the fund based on it an impressive, under-the-radar option for investors looking to gain income in their portfolio.  ADIV is an actively managed ETF that tracks dividend-producing equity [...] Read more at ETFtrends.com.

Following the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act (PAPSA), sports wagering is taking off mightily in the U.S.

With ESG increasingly a focus for companies and investors alike, the SEC is taking a closer look at regulating ESG disclosure requirements for publicly traded companies. But not everyone is on board with the idea of the SEC calling the shots.  Commissioner Hester Peirce is speaking out against what she considers to be an overstep [...] Read more at ETFtrends.com.

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the QYLD ETF, which added 7,650,000 units, or a 5.0% increase week over week.

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco Senior Loan ETF, where 6,900,000 units were destroyed, or a 2.3% decrease week over week.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Transportation ETF (Symbol: IYT) where we have detected an approximate $192.9 million dollar outflow -- that's a 10.6% decrease week ov