Many Wall Street observers and insiders had predicted that a recession would hit the U.S. this year. But it’s looking as though the odds of a downturn have been overstated. And that’s good news for high-yield fixed income. During a webcast hosted by VettaFi, BondBloxx partner JoAnne Bianco said that the economy is proving sturdier [...]
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In trading on Thursday, shares of the ETFS Physical Swiss Gold Shares ETF (Symbol: SGOL) entered into oversold territory, changing hands as low as $17.7795 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
BlackRock today announced the launch of the BlackRock Advantage Large Cap Income ETF (BALI) on the Cboe Exchange. The actively managed ETF seeks consistent income with lower volatility than the broader U.S. equity market. BALI provides income from both U.S. dividend-paying stocks and option premiums from selling call options on the S&P 500. U.S. Head [...]
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VanEck indicated in a press release Thursday that the debut of its proposed ethereum futures ETF is imminent, though the issuer did not provide a possible launch date. However, it’s not clear if the VanEck Ethereum Strategy ETF (EFUT) will be the first such fund to market. Published comments from Bloomberg analysts Eric Balchunas and [...]
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The Harbor Commodity All-Weather Strategy ETF (HGER) is among the top-performing broad commodity ETFs in the past month as of August 2023. HGER’s dynamic approach to commodities investing has recently led the fund to outpace category peers in the same timeframe. HGER adjusts commodity weights based on different market and inflationary regimes, particularly commodity scarcity and debasement. [...]
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Capital Group has launched five active exchange traded funds (ETFs) today on the New York Stock Exchange. Among the new funds is the firm’s first multi-asset ETF, along with two fixed income and two equity ETFs. The Capital Group Core Balanced ETF (NYSE Arca: CGBL) provides a balanced approach to total return consistent with the [...]
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VettaFi’s vice chairman Tom Lydon discussed the MUSQ Global Music Industry ETF (MUSQ) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
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The iShares Global Consumer Staples ETF is seeing unusually high volume in afternoon trading Thursday, with over 2.7 million shares traded versus three month average volume of about 98,000. Shares of KXI were up about 0.6% on the day.
Components of that ETF with the highest vo
Investors may not always think about the geopolitics happening in their portfolios, but managers likely are. When Russia invaded Ukraine, global markets took notice and reacted accordingly, with energy prices seeing the most impact. Similarly, ever-simmering tension and trade drama between China and the U.S. over semiconductors has changed the nature of that industry. U.S. [...]
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In trading on Thursday, the Uranium ETF is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of Fission Uranium, up about 4.4% and shares of UR Energy, up about 4.4% on the day.
And underperforming other ETFs
Somewhat quietly, the energy sector’s weight in the S&P 500 has more than doubled over the past several years. That despite escalating enthusiasm for renewable energy.
In trading on Thursday, shares of the iShares MBS ETF (Symbol: MBB) entered into oversold territory, changing hands as low as $88.225 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mome
In trading on Thursday, shares of the Fallen Angel High Yield Bond ETF (Symbol: ANGL) entered into oversold territory, changing hands as low as $26.9601 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Thursday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) entered into oversold territory, changing hands as low as $75.52 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
In trading on Thursday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) entered into oversold territory, changing hands as low as $48.37 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical a
In trading on Thursday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) entered into oversold territory, changing hands as low as $70.87 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
In trading on Thursday, shares of the HTRB ETF (Symbol: HTRB) entered into oversold territory, changing hands as low as $31.88 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JEPI ETF (Symbol: JEPI) where we have detected an approximate $210.0 million dollar inflow -- that's a 0.7% increase week over week in outstanding u
In trading on Thursday, shares of the Vanguard S&P 500 ETF (Symbol: VOO) entered into oversold territory, changing hands as low as $390.33 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
In trading on Thursday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) entered into oversold territory, changing hands as low as $101.30 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical ana