The release of upbeat data from the U.S. housing market underlines the sectorial strength despite the rising coronavirus cases. According to the Commerce Department, total housing starts rose 1.2% to a seasonally-adjusted annual rate of 1.547 million units in November, per a Reut
A massive cyber-attack, targeting as many as 18,000 US companies and government agencies, was unearthed recently. The hackers infiltrated the systems of SolarWinds, a network management company, which has thousands of security agencies, local governments, large companies, includi
The coronavirus pandemic has changed the world we live in and the markets exchange traded fund investors should be looking into. “The COVID-19 pandemic has accelerated profound shifts in how economies and societies operate. These transformations run across four dimensions: sustainability, inequality, geopolitics and the joint fiscal-monetary policy revolution,” according to the BlackRock Investment Institute [...] Read more at ETFtrends.com.
Investors are taking a shine to exchange traded funds that track socially responsible investments, like those based on environmental, social, and governance principles. According to FactSet data, investors have funneled a record $27.4 billion in to ESG-related ETFs so far in 2020, doubling the size of the asset category, the Wall Street Journal reports. The [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds tried to recover from the early Monday sell-off as a more virulent mutation of Covid-19 in the United Kingdom renewed fears of the disruptive capabilities of the coronavirus pandemic. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) dropped 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.1%, [...] Read more at ETFtrends.com.
A biotechnology exchange traded fund focusing on CRISPR gene editing bucked the broader market trends on Monday. Among the best performing non-leveraged ETFs of Monday, the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG) advanced 7.1%. The ARK Genomic Revolution ETF tracks the convergence of tech and healthcare. The underlying components are expected to substantially benefit [...] Read more at ETFtrends.com.
United Kingdom country-related exchange traded funds plunged Monday as the ongoing deadlock over a post-Brexit trade agreement and shutdown measures to contain the spread of a mutated Covid-19 drag on markets. On Monday, the iShares MSCI United Kingdom ETF (NYSEArca: EWU) declined 1.3% while the currency-focused Invesco Currency Shares British Pound Sterling (NYSEArca: FXB) dropped 0.4%. [...] Read more at ETFtrends.com.
Democratic and Republican leaders lately clinched an agreement on a new coronavirus relief deal worth around $900 billion that comprises a second round of stimulus checks and further unemployment benefits. The bill will soon be up for a vote in the House and the Senate.
Prices of crude oil and oil-related ETFs are falling on Monday after a new strain of Covid that was uncovered in the U.K. generated new travel restrictions across Europe and worries that there may be more lockdowns globally, potentially hampering demand for fuel. Futures tied to West Texas Intermediate, the key U.S. crude measure, sank [...] Read more at ETFtrends.com.
Stocks and index ETFs are attempting to recover Monday after tumbling lower in the futures market Sunday night amid worries over a contagious new coronavirus strain in the U.K, even as stimulus negotiations could be nearing completion. After plummeting nearly 1000 points in overnight trading Sunday, the Dow Jones Industrial Average fell 168 points Monday, [...] Read more at ETFtrends.com.
Getting single-country exposure in emerging markets (EM) will depend heavily on an investor’s own due diligence, especially with the coronavirus in the mix. With 2021 on the horizon, some EM countries are looking to beat gross domestic product (GDP) forecasts, such as Israel and the the VanEck Vectors Israel ETF (ISRA). The Times of Israel [...] Read more at ETFtrends.com.
For this week’s episode of ETF 360, ETF Trends CEO Tom Lydon and CIO Dave Nadig caught up with Steve Sachs, Managing Director and Head of Capital Markets for Goldman Sachs Asset Management, to discuss the Goldman Sachs Innovative Quality ETF (GINN) and 2021 innovation. Watch the Full ETF 360 Episode Here: As far as how Goldman [...] Read more at ETFtrends.com.
Yield-starved investors don’t have to take on multiple positions in high-yield bonds, emerging markets bonds, and other assets in order to get yield in today’s environment. They can have it all and stay on target with their income requirements using the Global X TargetIncome Plus 2 ETF (TFLT). TFLT seeks investment results that correspond to [...] Read more at ETFtrends.com.
After a surge in 2019, palladium price momentum has shown no signs of a slowdown in 2020. The rally has mainly been backed by growing global demand and stagnating supply. “There are few well-established palladium mines” while demand has been on the rise on increased consumpti
The ebbs and flows of the market in 2020 were a volatile one for some of the most high beta equities such as small-caps. Traders who once shied away from small-caps due to their volatility may reconsider them for 2021 with the Direxion Daily Small Cap Bull 3X Shares (TNA). TNA seeks daily investment results, [...] Read more at ETFtrends.com.
With the low rates in U.S. Treasury bonds these days, investors are looking to emerging markets (EM) for that hard-to-find yield. Invesco offers four EM debt ETFs that give investors exposure to EM debt while limiting duration risk. These Invesco BulletShares® ETFs are based on the Nasdaq Bulletshares® USD Emerging Markets Debt Index (Index). All [...] Read more at ETFtrends.com.
Even before environmental, social and governance (ESG) investing became popular in the United States capital markets, ESG was already gaining ground in other parts of the globe. However, if ETF investors have a domestic bias to ESG in the U.S., funds like the MSCI USA ESG Leaders Equity ETF (USSG) can be a great pick. USSG [...] Read more at ETFtrends.com.
The discerning ETF investor is not only looking at what gains a fund can provide, but at what price they’re willing to pay for that particular performance or exposure. Corporate bond ETF investors looking to keep their duration risk short at a low cost, can look at the iShares Short-Term Corporate Bond ETF (IGSB). With [...] Read more at ETFtrends.com.
In trading on Monday, the Invesco Solar ETF is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Azure Power Global, up about 12.8% and shares of Jinkosolar Holding, up about 10.4% on the day.