U.S. equities stumbled in August, but investors in multifactor ETFs may have been able to protect achieved gains and limit losses. The benchmark Russell 1000 fell 1.5% last month, while its value-tilted sister index the Russell 1000 Value slumped 2.4%. Meanwhile, the Hartford Multifactor US Equity ETF (ROUS) declined just 1%. “Given the strong run in mega [...]
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Diffractive Managers Group subsidiary F/m Investments LLC has launched the F/m Opportunistic Income ETF (XFIX) on the Nasdaq. XFIX seeks to maximize total return by identifying undervalued and opportunistic sectors and securities in the U.S. fixed income markets. It applies a “go anywhere” domestic approach to seek higher levels of total return compared to sector-specific [...]
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For most of this year, the financial world has dealt with high levels of uncertainty. This has come from several different areas, including inflation. The Federal Reserve will meet again in the coming weeks to discuss this issue, though its course of action with regard to interest rates is not clear. Is Now the Time [...]
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As U.S. equities struggled last month, just two S&P 500 factor indexes posted position returns in August. The S&P 500 declined 1.6% in August, marking its second monthly decline year to date. While momentum and quality were the only S&P 500 factor indexes to record gains in August, five factors outpaced the parent index during [...]
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What’s the outlook for clean tech investing right now? Amid the ongoing government support for the space via the Biden Administration’s Inflation Reduction Act (IRA), segments like electric vehicles (EVs) and solar have been notable standouts recently. Given that government support and the overall picture, investors may want to revisit some of the firms doing [...]
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The First Trust Nasdaq Food & Beverage ETF is seeing unusually high volume in afternoon trading Wednesday, with over 2.0 million shares traded versus three month average volume of about 126,000. Shares of FTXG were off about 0.5% on the day.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (MSOX ) AdvisorShares MSOS 2x Daily ETF 89.54% (CARU ) MAX Auto Industry 3X Leveraged ETN 20.32% (NAIL C+) Direxion Daily [...]
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Investors and advisors are seeing headwinds rising on the horizon, and in turn are rotating into areas like dividends. That’s drawing new attention to dividend growth ETF strategies at VettaFi in the ETFDatabase, with a variety of strategies available for investors to consider. So, what’s should investors and advisors do to find the right dividend [...]
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Direct indexing used to be reserved for the “ultra, ultra-high-net-worth investor,” as Vanguard’s CEO Tim Buckley said at Exchange 2023. But direct indexing has been getting more attention from a wider array of investors. This is due to advancements in technology, increased investor awareness, and reductions in trading costs — and its tax-loss harvesting potential. [...]
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In trading on Wednesday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 0.5% on the day. Components of that ETF showing particular strength include shares of Roku, up about 6.5% and shares of Spotify Technology, up about 2.4% on the day.
Vanguard entered 2023 forecasting that a recession would hit the U.S. this year. Now, the firm has pushed out the timeline for a U.S. recession to 2024. Vanguard is now estimating that the labor market will remain strong in 2023. Plus, inflation will be “sticky and well above the Fed’s target.” This will lead the [...]
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Madison Investments has launched the Madison Short-Term Strategic Income ETF (NYSE Arca: MSTI) on the New York Stock Exchange. The actively managed ETF seeks to generate a high level of current income with diversified exposure to fixed income sectors. MSTI emphasizes investment grade securities and maintains a short (typically 3.5 years or less) average portfolio [...]
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iM Global Partner (iMGP) and Polen Capital have partnered to launch Polen’s first actively managed, fully transparent exchange traded fund. The Polen Capital Global Growth ETF (NYSE Arca: PCGG) targets companies with high returns on capital and double-digit earnings growth. PCGG seeks to achieve long-term capital growth through a concentrated portfolio of 25-40 businesses with [...]
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Conference season has come for Financial Services. Future Proof is coming up and Exchange is right around the corner. Many advisors have complex, busy schedules. It can be hard to find the time, money, and energy to attend a conference. But live, in-person events are critical for professional and personal development. Here’s why every advisor [...]
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In trading on Wednesday, shares of the BBCA ETF (Symbol: BBCA) crossed below their 200 day moving average of $60.18, changing hands as low as $60.11 per share. BBCA shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of BBCA
In trading on Wednesday, shares of the iShares Global Healthcare ETF (Symbol: IXJ) crossed below their 200 day moving average of $84.53, changing hands as low as $83.72 per share. iShares Global Healthcare shares are currently trading down about 0.7% on the day. The chart bel
In trading on Wednesday, shares of the iShares Core High Dividend ETF (Symbol: HDV) crossed below their 200 day moving average of $102.36, changing hands as low as $102.32 per share. iShares Core High Dividend shares are currently trading off about 0.5% on the day. The chart
In trading on Wednesday, shares of the ARK Genomic Revolution ETF (Symbol: ARKG) crossed below their 200 day moving average of $31.72, changing hands as low as $31.60 per share. ARK Genomic Revolution shares are currently trading off about 1.1% on the day. The chart below sho
In trading on Wednesday, shares of the iShares U.S. Healthcare ETF (Symbol: IYH) crossed below their 200 day moving average of $278.46, changing hands as low as $276.83 per share. iShares U.S. Healthcare shares are currently trading off about 0.8% on the day. The chart below
In trading on Wednesday, shares of the LVHD ETF (Symbol: LVHD) entered into oversold territory, changing hands as low as $35.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o