Being long online retail stocks is a winning strategy this year. In some cases, so is shorting traditional brick-and-mortar retailers. The ProShares Long Online/Short Stores ETF (NYSEArca: CLIX) does both and it’s paying off for investors. CLIX tracks the ProShares Long Online/Short Stores Index, which combines two specialized retail indexes into one. It is 100% [...] Read more at ETFtrends.com.
After plunging the most in the second quarter since the Great Recession, the U.S. auto industry gathered momentum in the third quarter with sales rebounding from coronavirus-related lows and buyers returning to showrooms. This is especially true as new vehicle sales dropped 9.7%
A swell of encouraging data points bode well for renewable equities and the related exchange traded funds such as the First Trust NASDAQ Clean Edge Green Energy Index Fund (NasdaqGM: QCLN). QCLN seeks investment results that correspond generally to the equity index called the NASDAQ® Clean Edge® Green Energy Index. The index is designed to [...] Read more at ETFtrends.com.
Among the first pioneers in the short-duration exchange traded funds space, the actively managed FlexShares Ready Access Variable Income Fund (RAVI) offers investors a compelling combination of income generation and risk management. The fund primarily invests in investment-grade debt securities with a heavy tilt toward U.S. corporate bonds. According to the fund prospectus, the ETF [...] Read more at ETFtrends.com.
In financial market history, October has an interesting reputation. It’s been the birth month of dramatic declines, but stocks often perform in the tenth month of the year. With Election Day looming, either scenario could be in play this October, potentially highlighting the benefits of the Nationwide Risk-Managed Income ETF (NYSEArca: NUSI). NUSI can act [...] Read more at ETFtrends.com.
For investors seeking momentum, Invesco S&P MidCap 400 Pure Growth ETF RFG is probably on their radar. The fund just hit a 52-week high and is up 88% from its 52-week low price of $91.53 per share.But are more gains in store for this ETF? Let’s take a quick look at the fun
Tesla Motors TSLA reported record deliveries for the third quarter. The company produced 145,036 (128,044 Model 3 and Y, and 16,992 Model S and X) vehicles and delivered 139.300 (124,100 Model 3 and Y, and 15,200 Model S and X) vehicles.The deliveries jumped 54% from Q3 and topp
As is the case with other investment factors, sometimes new approaches can work well with quality. Enter the Principal Quality ETF (NasdaqGM: PSET). PSET tries to reflect the performance of the Nasdaq U.S. Price Setters Index, which takes mid- and large-cap U.S. companies from the Nasdaq U.S. Large Mid Cap Index that exhibit high degrees [...] Read more at ETFtrends.com.
The energy sector has delivered some negative dividend news this year, but some market observers still see opportunities for reliable income with master limited partnerships, including some residing in the ALPS Alerian MLP ETF (NYSEArca: AMLP). AMLP seeks investment results that correspond generally to the price and yield performance of its underlying index, the Alerian [...] Read more at ETFtrends.com.
A mainstay in Fidelity Investments’ list of mutual funds, Fidelity Magellan Fund, is re-inventing itself as an exchange-traded fund (ETF). The fund has been a stellar performer in its heyday, but fees have since swallowed up the fund’s ability to generate a return relative to its ETF peers. Per a CNBC report, the fund was [...] Read more at ETFtrends.com.
Last week was moderate for Wall Street with the S&P 500, the Dow Jones and the Nasdaq gaining about 1.5%, 1.9% and 1.5%, respectively. Resurgence in vaccine hopes was marred to some extent by the news that President Trump has been diagnosed with coronavirus. This has stirre
By Mike Clark, Consulting Actuary, the Principal Financial Group You can forgive sponsors of single-employer defined benefit (DB) plans if they mistakenly think the Pension Benefit Guaranty Corporation (PBGC) insurance program is in financial distress. Premium levels have quintupled since the passage of the Pension Protection Act in 2006 after all, which may give those paying the [...] Read more at ETFtrends.com.
By Mona Naqvi, Senior Director, Head of ESG Product Strategy, North America, S&P Dow Jones Indices The fast-changing nature of the ESG landscape is no stranger to those within it. Competing definitions, variability in scoring methodologies, and a spectrum of individual investor objectives have made fertile ground for divergent approaches. However, among this slew of sustainable investment [...] Read more at ETFtrends.com.
A trend decades in the making In 2020, ESG’s time may have finally come. Investing based on environmental-, societal- and governance-oriented principles is a trend influencing fund development, government regulations and attracting investor fund flows. It can be a complicated topic, particularly if you’re trying to find the best approach. The good thing for investors [...] Read more at ETFtrends.com.
The ALPS Disruptive Technologies ETF (DTEC) outpaced the broader equity markets last week amid volatility, driven by its Cloud Computing and Cyber Security themes. With its September reconstitution in the books, 15 new pure-play disruptive technology companies were added to DTEC while 15 were removed. Some notable additions include: Zoom Video Communications (ZM, 1.28% weight*), [...] Read more at ETFtrends.com.
By Brittany, The Wealth Consulting Group This week in our #WCGImpactSeries we’re providing insight into how the #ESG consideration of fossil fuel free investing can impact your portfolio and the planet. The integration of ESG analytics can provide valuable insight about company practices and the potential benefits or risks associated with those practices. These analytics [...] Read more at ETFtrends.com.
In the nearly six years since Greg Abbott has been governor of Texas, the Lone Star State has been the number one destination for U.S. businesses looking to relocate. That includes California businesses. In 2018 and 2019, as many as 660 California-based companies pulled their stakes up and moved to greener pastures in Texas, where the cost [...] Read more at ETFtrends.com.
This is the first blog post of a three-part series on the effect of COVID-19 on the November 3rd election. With more than 200,000 recorded U.S. COVID-19-related deaths, add in another plot twist: last night we learned that Donald and Melania Trump both contracted it. As if Ruth Bader Ginsburg’s Supreme Court vacancy wasn’t enough [...] Read more at ETFtrends.com.
The coronavirus outbreak continues to be a major concern across the globe, with the situation aggravating in the United States, Europe and India. Unfortunately, the health crisis has already claimed more than a million lives globally. In such a scenario, some industries includin
By Justin Spittler It was one of our most “unluckiest” trades at RiskHedge. We recommended this trade to our premium subscribers on February 19, which was the exact day the US stock market peaked before the “corona crash,” as you can see here: The next morning all hell broke loose. The S&P 500 began a [...] Read more at ETFtrends.com.