As the vaccine rollout progresses, small caps continue to rally, with the Russell 2000 up 50% within the last six months. Funds like the Direxion Daily Small Cap Bull 3X Shares (TNA) have gained over 200% within the same time frame. TNA tracks the Russell 2000 Index and seeks daily investment results equal to 300% of [...] Read more at ETFtrends.com.
When it comes to energy, ETF investors can find a smart equal weight strategy in the Invesco S&P 500 Equal Weight Energy ETF (RYE). RYE seeks to track the investment results (before fees and expenses) of the S&P 500® Equal Weight Energy Index. The fund generally will invest at least 90% of its total assets [...] Read more at ETFtrends.com.
The iShares U.S. Oil Equipment & Services ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.8 million shares traded versus three month average volume of about 200,000. Shares of IEZ were up about 2.4% on the day.
In trading on Thursday, the SPDR— S&P— Aerospace & Defense ETF is outperforming other ETFs, up about 4.5% on the day. Components of that ETF showing particular strength include shares of Aerovironment, up about 28.8% and shares of Maxar Technologies, up abo
Energy is rallying. The typical way to play a move is via oil prices or funds that top heavy with big oil companies. Yet an alternate way to get in on oil and the energy rally is the iShares U.S. Oil Equipment & Services ETF (IEZ), which is already up 20% year-to-date. IEZ seeks to [...] Read more at ETFtrends.com.
China is well on its way to recovery, with the MSCI China Index up about 26%. Look for funds like the Xtrackers CSI 300 China A-Shares ETF (ASHR) to prosper. ASHR seeks investment results that correspond to the CSI 300 Index. The underlying index is designed to reflect the price fluctuation and performance of the China [...] Read more at ETFtrends.com.
Bitcoin prices pulled back in recent days, but there’s big news on the horizon for the cryptocurrency landscape. The U.S. Office of the Comptroller of the Currency is preparing to reveal the first national “crypto bank charter.” That could go a long way toward boosting acceptance and adoption of digital assets and boost the case [...] Read more at ETFtrends.com.
The election of Joe Biden as the 46th president of the United States and the Democrats controlling both houses of Congress has prompted meaningful rallies for clean energy exchange traded funds this year. Yet investors shouldn’t be afraid to take new looks at traditional energy assets such as master limited partnerships. In fact, the case [...] Read more at ETFtrends.com.
As an industry, digital media is still in its nascent stages, but spending in this frontier is growing. That’s good news for some holdings in the ARK Web x.0 ETF (NYSEArca: ARKW). ARKW aims to capture long-term growth with a low correlation of relative returns to traditional growth strategies and negative correlation to value strategies. It [...] Read more at ETFtrends.com.
By David Dziekanski 2020 – The Year “Buy the Dip” was Crowned King In 2020, everyone finally realized the market and economy are two separate things. Millennials were once categorized as the “fear” investor having grown up through both the dot com bust and financial crisis. The once considered fear investor is now a ‘buy the [...] Read more at ETFtrends.com.
Wall Street extended its solid bull run to start 2021 buoyed by COVID-19 vaccine rollout as well as hopes of a bigger fiscal package and infrastructure spending under a Democratic-led U.S. Congress.President-elect Joe Biden vowed to unveil an economic stimulus package worth trill
With the casino business starting to recover and iGaming and sports wagering taking off, the VanEck Vectors Gaming ETF (NasdaqGM: BJK) is an industry exchange traded fund to consider in 2021. BJK tries to reflect the performance of the MVIS Global Gaming Index. For index eligibility, companies must generate at least 50% of their revenues [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Daily Technology Bull 3X Shares
(Symbol: TECL) where we have detected an approximate $140.7 million dollar outflow -- that's a 7.1% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Biotech ETF (Symbol: XBI) where we have detected an approximate $121.8 million dollar outflow -- that's a 1.6% decrease w
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. Home Construction ETF (Symbol: ITB) where we have detected an approximate $96.0 million dollar outflow -- that's a 4.8% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKW ETF (Symbol: ARKW) where we have detected an approximate $127.5 million dollar inflow -- that's a 2.2% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Growth ETF (Symbol: IWP) where we have detected an approximate $142.8 million dollar outflow -- that's a 0.9% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco DWA Technology Momentum ETF (Symbol: PTF) where we have detected an approximate $116.9 million dollar outflow -- that's a 24.0% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $221.5 million dollar outflow -- that's a 2.3% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the KWEB ETF (Symbol: KWEB) where we have detected an approximate $88.5 million dollar outflow -- that's a 2.4% decrease week over week (from 46,100,000