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 Coulter Regal, CFA, Associate Product Manager April was a subdued month—at least relative to the volatility seen in March given the banking crisis—with U.S. equities as a whole moving mostly sideways. Investors appeared to be awaiting the kick-off to an important earnings season and the latest guidance from the Federal Reserve’s early May policy [...]
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by Kevin Flanagan, Head of Fixed Income Strategy for WisdomTree Investors. How concerned should investors be about the pending debt ceiling debate? History has shown us that a resolution always seems to be found, but past debt ceiling sagas, as well as the current episode, underscore the point that this has become a very contentious, [...]
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By Nick Frasse, Associate Product Manager Green infrastructure is the range of systems and technologies that enable and provide for a more sustainable way of living. In this blog series, we will outline seven specific areas: green transportation, green energy, green fuel, waste management, green infrastructure & equipment, pollution control, and green constructions. We will define these themes, how they [...]
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By Imaru Casanova, Portfolio Manager, Gold and Precious Metals; and Joe Foster, Gold Strategist Monthly gold market and economic insights from Imaru Casanova, Portfolio Manager and Joe Foster, Gold Strategist, featuring their unique views on mining and gold’s portfolio benefits. An expanded PDF version of this commentary, including fund specific information can be downloaded here. Gold Moves [...]
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According to the official rules of Monopoly, the bank can never run out of money. Obviously that’s not always the case in the real world. We’ve already seen three regional banks fail in the U.S. so far this year, and we may see more as depositors continue to move cash from smaller institutions to those [...]
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Industry-leading pharmaceutical firms are adopting artificial intelligence (AI) to drive value for the future of their enterprise. AI is currently being implemented within the industry to reduce human error, streamline processes and analyze data to develop new pharmaceuticals. As a result, AI has the potential to improve patient outcomes, lower costs for industry participants, and [...]
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In this week’s edition of the ETF Issuer League, Bondbloxx stood out especially among its peers. The fixed income mavens correspondingly leaned almost entirely on just one ETF for the week’s inflows. The Bondbloxx Bloomberg One Year Target Duration U.S. Treasury ETF (XONE) added $514.3 million over the last week, per VettaFi. However, no other [...]
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Advisors looking for quality exposure due to market uncertainty should consider opportunities down the cap spectrum. SPHQ is a favorite fund among investors for providing quality exposure, but investors may be missing out on smaller capitalization companies. For quality exposure to mid- and small-cap companies, investors can look to Invesco S&P MidCap Quality ETF (XMHQ) [...]
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In a video from Exchange 2023, New Frontier Advisors CIO and partner Robert Michaud spoke to VettaFi about portfolio optimization. “[New Frontiers] was founded on this idea of a better way to optimize portfolios, how to optimize and have well-diversified portfolios for an uncertain future,” Michaud said. “What we have done is we have [...]
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At Exchange 2023, Joe Hohn, senior portfolio manager at Dimensional Fund Advisors, spoke with NYSE’s Judy Shaw for “ETF Leaders, Powered by the New York Stock Exchange” about investor outcomes and investment solutions. “We are looking to build low-cost broadly diversified investment solutions with higher expected returns for our clients,” Hohn said. Dimensional is “taking [...]
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While tax-loss harvesting is a tried-and-true strategy for lowering taxes and raising returns, it’s not one that appeals to many investors. After all, not only is the process time-consuming, but it’s also complex. Tax-loss harvesting involves selling investments at a loss, then using those losses to offset gains in other investments. The investor takes the [...]
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Market watchers have closely watched the Q1 2023 earnings season, seeking the first domino to fall in a looming recession. That hasn’t happened — yet. However, earnings still have plenty to tell us. This week, the VettaFi Voices gathered around the water cooler to sift through earnings results and look for clues about the remainder [...]
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By Henry Ma, CIO, Julex Capital Management, LLC Weakening economic data, tightening monetary and liquidity conditions, elevated inflation, declining corporate profits and unattractive market valuations support a bearish outlook for US stocks. Leading and high frequency economic data continue to point to weaker growth and a potential recession. The Composite Leading Economic Index (CLI) has [...]
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Some key trends could bring good news. Investors seem to be a relatively calm, cool, and collected bunch these days—which may be a harbinger of stock market strength in the coming months. Consider some recent signs of low market volatility that we have been monitoring: The S&P 500 Daily Risk Control 10% Index is an [...]
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In addition to the Federal Reserve raising interest rates, market volatility and economic uncertainty has pushed investors to Treasury ETFs. The Wall Street Journal reported that sales of Treasury bills, which mature in a year or less, hit $16.6 billion in March. That’s up from $2.4 billion a year earlier. For years, fixed income provided [...]
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On Thursday, JPMorgan Asset Management announced the launch of two new ETFs. The JP Morgan BetaBuilders Emerging Markets Equity ETF (BBEM) and the JP Morgan BetaBuilders U.S. TIPS 0-5 Year ETF (BBIP) trade on the Cboe Global Markets. BBEM seeks investment results that closely correspond, before fees and expenses, to the performance of the Morningstar [...]
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In trading on Friday, the Invesco Solar ETF is outperforming other ETFs, up about 3.1% on the day. Components of that ETF showing particular strength include shares of First Solar, up about 25.5% and shares of Array Technologies, up about 13.5% on the day.
Invesco’s equal-weight tech ETF is seeing a notable jump in interest following first quarter earnings. The Invesco S&P 500 Equal Weight Technology ETF (RYT) saw over $319 million in net flows on May 10, following better-than-expected first quarter earnings reports from companies in the information technology sector. “A strong earnings season for information technology companies [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JMBS ETF (Symbol: JMBS) where we have detected an approximate $199.2 million dollar inflow -- that's a 17.0% increase week over week in outstanding