The first half of 2021 was upbeat for stocks. Among the major indexes, small-cap ETF IWM added 17% this year, the S&P 500 ETF SPY is up 14%, the Dow Jones ETF DIA is up 12% and the Nasdaq ETF Invesco QQQ Trust (QQQ) is up about 13% (read: Top ETF Stories of 1H o
In trading on Tuesday, the Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of MP Materials, up about 0.8% and shares of AXTI, down about 2.7% on the day.
In trading on Tuesday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) crossed above their 200 day moving average of $95.20, changing hands as high as $95.45 per share. Vanguard Intermediate-Term Corporate Bond shares are currently trading up about 0
For those outside of the asset management and financial advisory worlds, an often overlooked result of the 2020 presidential election has been a change in attitude toward allowing environmental, social, and governance (ESG) funds into 401(k) plans. Put simply, the Trump Administration did not support ESG 401(k) inclusion. President Biden’s supportive stance could open a [...] Read more at ETFtrends.com.
Ride-share giant Didi is undergoing a precipitous drop on Tuesday, not even a week after the Chinese app first listed on the New York Stock Exchange. The Chinese vehicle-for-hire company, headquartered in Beijing with over 550 million users and tens of millions of drivers, saw its share price tumble 25% to a low of $11.58 [...] Read more at ETFtrends.com.
The U.S. auto industry has been showing strength as the economy reopens and more people shift to private conveyance due to the COVID-19 pandemic. This is especially true as automakers reported a sharp rise in Q2 sales on the back of high demand for SUVs. According to Bloo
The global vaccination effort is pushing more and more yield-oriented fixed income investors abroad, putting the focus on funds like the Vanguard International High Dividend Yield ETF (VYMI). Overall, VYMI: Seeks to track the performance of the FTSE All-World ex US High Dividend Yield Index. Provides a convenient way to get exposure to international stocks [...] Read more at ETFtrends.com.
Amid a recent flurry of initial public offerings (IPOs), special purpose acquisition companies (SPACs) may be back in style again. Sort of. In the first half of the year, blank-check firms endured a cooling off period as many saw shares slide below the $10 floor. Market participants increasingly scrutinized the post-deal performance of a slew [...] Read more at ETFtrends.com.
Clean energy products like solar panels and wind turbines may be easy to spot, but investors aren’t always thinking about what’s inside. There is opportunity to be had with producers of the materials that power clean energy technologies. Enter the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX). REMX, the original and still only exchange traded [...] Read more at ETFtrends.com.
With millions of people now vaccinated and easing COVID-induced lockdowns, the global stock market ended first half 2021 on a high note.American stocks have powered the global rally with the S&P 500 posting the second-best start to a year since 1998. Rapid vaccine rol
In trading on Tuesday, shares of the HTRB ETF (Symbol: HTRB) crossed above their 200 day moving average of $41.12, changing hands as high as $41.13 per share. HTRB shares are currently trading up about 0.4% on the day. The chart below shows the one year performance of HTRB sh
In trading on Tuesday, shares of the ASHR ETF (Symbol: ASHR) crossed below their 200 day moving average of $39.37, changing hands as low as $39.30 per share. ASHR shares are currently trading down about 0.5% on the day. The chart below shows the one year performance of ASHR s
The U.S. economy added 850,000 jobs in June 2021 (after rising 559,000 in May), beating market expectations of a rise of 700,000 thanks to easing business restrictions amid reopening of economies, falling coronavirus infection rates and vaccine distribution from multiple
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
By Jared Dillian I get this a lot. People say, “We are experiencing inflation, so stocks should go down! Because that’s what happened in the 1970s.” This isn’t the 1970s. This is a different sort of inflation. What we are experiencing now is a monetary inflation, compounded by big government interventions in the labor market. [...] Read more at ETFtrends.com.
Global infrastructure investing and funds like the FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) offer many benefits investors may not be aware of. A recent FlexShares blog post revealed that getting infrastructure exposure on a global scale can afford more rewards beyond serving as a utilities play. One of those benefits is income, which is [...] Read more at ETFtrends.com.
The last week was moderately upbeat for Wall Street. The S&P 500, the Dow Jones and the Nasdaq Composite added 1.7%, 1% and 1.9%, respectively and the Russell 2000 index lost about 1.2%. Against this backdrop, below we highlight a few ETF areas that were the most gain
An interesting dynamic is developing in the factor world. First, momentum strategies have gained a lot of media attention. They had garnered a reputation for being growth strategies, since growth was working for so long. Recently, value has taken over. Twitter has caught on to the declining pprice-to-earnings (P/E) ratio of the MSCI World Momentum Index as evidence. For instance: Source: https://twitter.com/michael_venuto/status/1404062272323035138?s=20 Another interesting dynamic [...] Read more at ETFtrends.com.