As recent events could be leading to a shift in the status quo, one may still expect layoffs while considering an upside in earnings for companies. Tom Lydon, ETF Trends CEO, and Kevin Nicholson, Riverfront Investment Group global fixed income co-CIO, joined this week’s “Power Lunch” on CNBC with host Kelly Evans, to discuss how [...] Read more at ETFtrends.com.
The post-coronavirus market rally has heightened index concentration on mega technology companies and widened the disparity between other segments of the market, elevating risks to traditional indexes that are now heavily weighted with big tech names. In the upcoming webcast, Have Indexes Gained Too Much Weight? Get Active in 2021, Larry J. Puglia, Portfolio Manager, [...] Read more at ETFtrends.com.
The world of socially responsible investments that track environmental, social, and governance principles is disparate and varied, but the world is working toward a greater standardization to keep the ESG theme in line. Janine Guillot, head of the Sustainability Accounting Standards Board, argued that reporting standards in ESG investing could converge within 12 to 24 [...] Read more at ETFtrends.com.
Financial advisors who are looking for ideas can consider exchange traded fund portfolios that better-help position their clients for the coming year. In the recent webcast, 2021 Asset Allocation Insights: Far From Obvious, Matthew Bartolini, Head of SPDR Americas Research, State Street Global Advisors, outlined our current market environment. US equities had their biggest monthly [...] Read more at ETFtrends.com.
We have now reached the last leg of 2020 and it’s been a tricky year so far for Wall Street. The first-half was horribly volatile thanks to the COVID-19 outbreak with the second half recouping losses and helping the S&P 500 log decent returns.
For the average ETF investor, high volatility from a high beta fund might not fall in the ideal risk tolerance range. Nonetheless, for the leverage-hungry trader, ETFs like the Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) have delivered returns of over 50% the past month. HIBL seeks daily investment results, before fees [...] Read more at ETFtrends.com.
When the Federal Reserve stepped in to backstop the bond markets back in April, companies felt it safe to go back into the bond issuance waters and take on more debt. With 2021 a global vaccine on the way, less companies could be issuing debt, which might prop up the Invesco Investment Grade Defensive ETF [...] Read more at ETFtrends.com.
The popularity of ETFs has reached some real milestones this year in 2020, and it’s worth considering where things are headed. On a recent episode of Orion’s “The Weighing Machine,” featuring Orion Chief Investment Officer Rusty Vanneman, ETF Trends’ CEO Tom Lydon was on hand to discuss the past, present, and future of ETFs. Following [...] Read more at ETFtrends.com.
With the video gaming and Esports industry getting a major boost thanks to the social distancing measures brought on by the pandemic, it’s prudent to give funds like the Global X Video Games & Esports ETF (HERO) a look. Amid market uncertainty, the fund’s performance is nothing short of heroic with year-to-date gains of over [...] Read more at ETFtrends.com.
Government debt has typically been viewed through the lens of a solid safe haven play. One sector that’s been getting a closer look lately is municipal bonds. Investors can add high yield to the muni mix with VanEck Vectors High Yield Muni ETF (HYD). The fund seeks to replicate as closely as possible, before fees [...] Read more at ETFtrends.com.
This has been a tough year for the oil sector. The WTI crude ETF USO and the Brent crude ETF BNO is down about 68.8% and 39.8%, respectively, this year. Despite starting on a decent note, oil prices took a massive hit in March on a price war between Saudi Arabia and Russia. Afte
China was already well on its way to a rebound, but some credit ratings agencies are taking a closer look at its economy and re-upping their forecasts. For example, credit ratings company Fitch Ratings is forecasting more growth in China’s gross domestic product (GDP) than initially expected, all good news for funds like the Xtrackers [...] Read more at ETFtrends.com.
Bitwise Asset Management, a leading crypto fund manager, announced that the Bitwise 10 Crypto Index Fund (ticker: BITW) saw record initial trading volumes of its shares in the secondary market following its debut on OTCQX Best Market® on Wednesday, December 9. More than $67 million of shares traded in the first three days, making it [...] Read more at ETFtrends.com.
With major banks forecasting a rebound for the global economy, now’s a good time to give international exposure a closer look. That can be achieved with funds like the iShares Core MSCI Total International Stock ETF (IXUS), which essentially puts the whole world in your portfolio’s hands. IXUS seeks to track the investment results of [...] Read more at ETFtrends.com.
The Uranium ETF is seeing unusually high volume in afternoon trading Monday, with over 646,000 shares traded versus three month average volume of about 187,000. Shares of URA were up about 3.5% on the day.
In trading on Monday, the SPDR— S&P— Biotech ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Alexion Pharmaceuticals, up about 30.8% and shares of Syros Pharmaceuticals, up about 22
Goldman Sachs Asset Management (GSAM) today announced that it has completed the previously-announced acquisition of the sponsorship of the Perth Mint Physical Gold ETF, which has been renamed the Goldman Sachs Physical Gold ETF (the “Trust” or “AAAU”). The Trust will continue to trade on NYSE Arca, Inc. under the ticker symbol “AAAU.” The Goldman [...] Read more at ETFtrends.com.
Active management is a great tool to have when it comes to a strenuous fixed income universe. The PIMCO Enhanced Short Maturity Active ETF (NYSEArca: MINT) is a practical avenue for investors seeking reduced rate risk with solid returns. MINT seeks greater income and total return potential than cash and money market funds by investing [...] Read more at ETFtrends.com.
Vaccine progress drove stocks higher as value outperformed growth and small caps outperformed large caps. Only energy, financial, and real estate companies are negative on the year. While the United States is one of the top-performing developed markets in 2020, the last three months have been kinder to European and Asian countries. Corporate Profits are [...] Read more at ETFtrends.com.
The cannabis stocks have been on a smooth ride post election buoyed by legalization hopes in more U.S. states and will continue to shine heading into the next year. With the start of the transition to Joe Biden’s presidency, markets are highly optimistic that the incoming admin