U.S. markets and stock exchange traded funds retreated Wednesday as the delayed rollout of the Covid-19 vaccinations and a slowdown in the economic recovery weighed on sentiment. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 1.5%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was down 1.1%, and iShares Core S&P 500 ETF (NYSEArca: IVV) [...] Read more at ETFtrends.com.
2020 was the year of SPACs! 248 SPACs made their debut and raised $83.4 billion in the US in 2020, more than over the entire receding decade. 75 SPACs have already raised $21.5 billion in 2021, per SPAC Research. Several high-profile investors and public figures, including Chamat
With the tailwind of a vaccine rollout, China’s economic recovery is helping to fuel its equities. This can be seen in small caps via the iShares MSCI China Small-Cap ETF (ECNS), which is already up 17% year-to-date. ECNS seeks to track the investment results of the MSCI China Small Cap Index. The fund generally will [...] Read more at ETFtrends.com.
Of Note This Week Here’s a look at vaccine innovation since 1880. As you can see, prior to the COVID-19 vaccine(s), which took less than 1 year to develop and get licensed in the US, the next fastest vaccine was Measles, which took 10 years! Housing Starts Total Housing Starts posted a +5.8% M/M gain [...] Read more at ETFtrends.com.
The MSCI China index is up about 13% year-to-date, so it’s no surprise investors are piling into Chinese equities amid a vaccine rollout. This is feeding into strength for a pair of bullish leveraged ETFs from Direxion Investments: the Direxion Daily FTSE China Bull 3X ETF (YINN) and the Direxion Daily CSI China Internet Bull 2X [...] Read more at ETFtrends.com.
U.S. markets have seen a great start to 2021, thanks to a super-dovish Fed and ECB, COVID-19 vaccine rollouts and optimism about fatter fiscal stimulus in the Biden presidency. Wall Street has been hovering over record highs.
The Russell 2000 is up over 30% the last three months and about 9% so far this year. ETF investors looking for niche exposure to revenue-producing small cap equities may want to consider the Invesco S&P SmallCap 600 Revenue ETF (RWJ), which is up over 20% year-to-date. RWJ seeks to track the investment results of [...] Read more at ETFtrends.com.
Getting single-country exposure with a tilt toward value can occur in practice if ETF investors know where to look. One country worth betting on is Russia via a pair of ETFs: the VanEck Vectors Russia ETF (RSX) and the VanEck Vectors Russia Small-Cap ETF (RSXJ). “Russia’s economy may return to pre-crisis levels by autumn and overall [...] Read more at ETFtrends.com.
Johnson & Johnson JNJ set the ball rolling for pharma and medical device manufacturer fourth-quarter 2021 earnings on Jan 26, before the opening bell. The world's biggest healthcare products maker continued its long streak of earnings beat and outpaced revenue estimates. Furt
The world’s second largest economy appears laser-focused on becoming the dominant tech nation in the years to come. Investors looking to get exposure to China and leverage strength in technology can look to a fund like the Global X MSCI China Information Technology ETF (CHIK). CHIK tries to reflect the performance of the large- and [...] Read more at ETFtrends.com.
ETF provider DWS offers a plethora of products that enable investors want to get tactical with their portfolios. When it comes to their current top-performing funds, three stand out among a very distinguished crowd. It appears that investors are once again diving back into the risk pool with emerging markets. While China might be deemed [...] Read more at ETFtrends.com.
The SPDR— S&P— Retail ETF is seeing unusually high volume in afternoon trading Wednesday, with over 18.1 million shares traded versus three month average volume of about 3.4 million. Shares of XRT were up about 12.3% on the day.
In trading on Wednesday, the SPDR— S&P— Retail ETF is outperforming other ETFs, up about 12.3% on the day. Components of that ETF showing particular strength include shares of Gamestop, up about 133.2% and shares of Petmed Express, up about 22.6% on the day.
Part of the allure of fallen angel bonds and the VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) is that this form of debt usually sports better quality than bonds born with junk ratings. ANGL seeks to replicate as closely as possible the price and yield performance of the ICE BofAML US Fallen [...] Read more at ETFtrends.com.
The fintech industry is upending traditional financial services on multiple fronts. One of the cornerstones of that disruption is digital wallets, a concept accessible to investors with the ARK Fintech Innovation ETF (NYSEARCA: ARKF). The actively managed ARKF invests in equity securities of companies that ARK believes are shifting financial services and economic transactions to [...] Read more at ETFtrends.com.
Emerging markets equities rallied late last year, and many market observers are wagering more is on the way in 2021. The First Trust Emerging Markets AlphaDEX Fund (FEM) can capture those gains. The $508.39 million FEM is nearly 10 years old and tracks the NASDAQ AlphaDEX Emerging Markets Index. To build that benchmark, “Nasdaq ranks the [...] 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 iShares MSCI EAFE Value ETF, which added 42,000,000 units, or a 24.1% increase week over week. Among the largest underlying components of EFV, in
Electric carmaker Tesla Motors TSLA is scheduled to report fourth-quarter 2020 results on Jan 27 after market close. Let’s take a closer look at its fundamentals ahead of earnings release.Tesla has been on a stupendous rally over the past three months, having soared nearly 108%
By Rob Glownia, CFA, CFP, Senior Portfolio Manager, Co-Head of Investment Committee Global Equity CIO, Adam Grossman & Global Fixed Income Co-CIO, Kevin Nicholson Since November, we’ve participated in many calls with financial advisors and their clients to talk about the implications of the election and how to think about markets in 2021. This week, [...] Read more at ETFtrends.com.