Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
By Matt Wagner, CFA, Associate Director, Research Second-quarter earnings gave ammunition to both bulls and bears. Let’s review a few of the main takeaways of reporting season. Index Returns To start, returns have been mixed over the last several weeks. Returns jumped higher over a three-week stretch ending on July 28. Banks, which generally report [...]
Read more at ETFtrends.com.
Fran Rodilosso, Head of Fixed Income ETF Portfolio Management, and William Sokol, Director of Product Management The diverging performance of emerging markets local currency bonds in 2023 versus those in developed markets reflects the changing fundamental reality for fixed income investors. U.S. bond yields have been on an upwards trajectory in recent weeks, with the [...]
Read more at ETFtrends.com.
By John Patrick Lee, CFA, Product Manager India’s audacious leap from a cash-centric economy to a pioneering digital payments powerhouse is revolutionizing the financial landscape. India’s digitization journey has revolutionized multiple sectors and transformed the lives of its citizens. With a particular focus on digital payments, India has ushered in a new era of financial accessibility, convenience, [...]
Read more at ETFtrends.com.
The rationale for investing in natural resource equities and commodities has stayed consistent: to enhance portfolio diversification, access global growth and hedge against inflation. The sharp economic recovery from the depths of the pandemic coupled with continually evolving expectations in terms of future impact have recast the spotlight on natural resources and commodities. While this [...]
Read more at ETFtrends.com.
Air travel is seeing an upswing, with the International Air Transport Association (IATA) forecasting 4.35 billion global passengers carried this year alone. This resurgence, however, presents an ironic twist. As air travel soars, so does the urgency to reduce emissions—not just in airlines but also airports. Two global powerhouses, the U.S. and European Union (EU), [...]
Read more at ETFtrends.com.
Commodities may offer a hedge against inflation and portfolio diversification. This Q&A explores our passive strategies that track the UBS Constant Maturity Commodity Index. Commodities can enhance portfolio diversification and provide access to global growth. Historically, commodities have also acted as a hedge against inflation, outperforming U.S. stocks and bonds. Even in periods of modest [...]
Read more at ETFtrends.com.
Markets were holding on to slight gains to close the week. This was despite remarks by Federal Reserve chair Jerome Powell that did not indicate that the Fed will retreat from its goal of keeping interest rates higher for longer. Powell also suggested that the committee is not cl
The economic and inflationary narrative appear hopeful for now according to markets in the wake of Fed remarks this week. Despite the hopeful trajectory, the path forward remains complex. Investors concerned about uncertainty and looking to put their cash to work increasingly moved funds into the NEOS Enhanced Income Cash Alternative ETF (CSHI) this month. [...]
Read more at ETFtrends.com.
Note: We’ve updated this commentary with data through the August 25th market close. The yield on the 10-year note ended August 25, 2023 at 4.25%, the 2-year note ended at 5.03%, and the 30-year at 4.30%. Here is a table showing the yields’ highs and lows and the FFR since 2007. The charts below show [...]
Read more at ETFtrends.com.
California carbon allowances prices continue climbing, closing at their highest level at the state’s quarterly auction this month. Recent price gains are a preview of what’s to come if recent state workshops are any indication of the trajectory of the market. Investors have an opportunity to buy in now via the KraneShares California Carbon Allowance [...]
Read more at ETFtrends.com.
2023 has thrown many conflicting narratives and data points at market watchers. The Fed, even, seems beguiled by the manner in which its rate hikes have not yet produced its desired results. So how should investors and advisors look at econ data points? From labor to housing and mortgages to inflation, market watchers are looking [...]
Read more at ETFtrends.com.
This week saw a total of 17 ETF launches, a major rebound from last week when only six funds debuted and a reversal of the summer trend of fewer launches. ETF closures continued their march forward, with several completing during the week and another handful announced. Among the funds launching this week were offerings from [...]
Read more at ETFtrends.com.
Many investors want dividends but don’t want to make a style bet on value. Particularly in down or choppy markets, investors can boost total returns by investing in dividend stocks. Additionally, companies paying steady, attractive dividends are largely seen as more stable securities. The companies paying dividends are often mature firms that have mastered their business, [...]
Read more at ETFtrends.com.
Best-in-class Robotics & Automation companies around the world continued to deliver superior revenue and earnings growth in 2Q23. However, after four consecutive quarters of positive earnings surprises, strong demand, and record high backlogs, the tone has changed as several bellwether companies warned of slowing orders and reduced full-year outlooks. Slowing orders in factory automation were [...]
Read more at ETFtrends.com.
Krane Funds Advisors (KraneShares) has launched the actively managed KraneShares Dynamic Emerging Markets Strategy ETF (NYSE Arca: KEM). KEM provides exposure to broad emerging market equities while dynamically adjusting its weight to China based on real-time signals. KEM actively allocates between China and emerging markets ex China by primarily investing in the KraneShares MSCI All China Index [...]
Read more at ETFtrends.com.
The First Trust Large Cap Core AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 107,000 shares traded versus three month average volume of about 38,000. Shares of FEX were up about 0.3% on the day.