Merck & Co Inc (Symbol: MRK) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a stunning $26.48B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.65% yield, according to the most recent Dividend Channel ''Divi
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a bi-weekly basis, updating the report every other Monday, along with an accompanying podcast. [Note: This report will go on holiday hiatus following today’s report; the next report will be published on [...]
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As equity markets rallied last month on softer inflation data, investors allocated to consumer discretionary more than any other Invesco equal weight sector ETF. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), which has $520 million in assets under management, took in $142 million in November inflows, offsetting outflows seen earlier in the [...]
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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 (NRGD B) MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN 1002.57% (OILD ) MicroSectors Oil & Gas Exp. & [...]
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China continues to roll back its COVID-19 zero-tolerance policy, lifting many ongoing quarantines and removing testing requirements that previously prevented the population from moving about cities and the country with ease. It’s a move that comes in the wake of unprecedented protests across the country and as COVID cases continue to rise, it’s likely to [...]
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One of Matthews Asia’s new active ETFs has seen a considerable increase in investor attention. The Matthews Asia Innovators Active ETF (MINV) saw a significant rise in trading volume beginning on November 29 and remained elevated through December 2, coupled with significant inflows. MINV has increased by 13% in the past month. “Investors are increasingly willing [...]
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In trading on Wednesday, shares of the Vanguard Tax-Exempt Bond ETF (Symbol: VTEB) crossed above their 200 day moving average of $50.04, changing hands as high as $50.07 per share. Vanguard Tax-Exempt Bond shares are currently trading up about 0.4% on the day. The chart below
As the world moves toward a net zero climate goal, investors can capitalize on the global shift through a specialized exchange traded fund strategy to target companies poised to benefit the most from the changes. In the recent webcast, Transitioning to Net Zero: What Investors Need to Know, Kelly Hagg, senior managing director and head [...]
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Investors who refined their financials exposure to property and casualty were rewarded in 2022. P&C has consistently outperformed the S&P 500 financials sector since mid-February. The Invesco KBW Property & Casualty ETF (KBWP) has increased 11.4% year to date, while the financials sector has declined -9.7% during the same period, as of December 6. Eliminating energy [...]
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While news out of China might be complicating things for Asian-focused investors this week, prospects seem to be improving for strategies that target Japan. Two small-cap Japan ETFs broke through their 200-Day Simple Moving Average Wednesday, combining two themes that had already been getting noticed for their relative resilience amid significant uncertainty looking towards next [...]
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Electrification of the automobile industry continues at a rapid pace, and increasingly more traditional automotive companies have committed to manufacture electric vehicles. It’s a growth that’s expected to fuel sustained, increasing demand for lithium-ion batteries, with the market expected to hit $184.15 billion by 2030. Latest estimates based on a market research study from Custom [...]
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With just over three weeks left in the year, the Invesco Dynamic Energy Exploration & Production ETF (PXE) is poised to be Invesco’s top-performing ETF in 2022. PXE, which offers exposure to the exploration and production sub-sector of the domestic energy market, has returned 57.6% year to date as of November 6. Year to date, PXE [...]
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The FIFA World Cup is the largest sports tournament in the world. Every 4 years, 32 countries compete to be named the champions of soccer (or football, as the rest of the world kindly reminds us). Just as we have done in the past with other competitions, like basketball’s NCAA March Madness, we love to create [...]
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Markets dropped midweek as major banks in the U.S. warned earlier in the week that recession looms in 2023. Both JP Morgan CEO Jamie Dimon and Bank of America’s CEO Brian Moynihan recently shared concerns that the economy would slow in early 2023, or even contract according to Moynihan. Investors looking at their portfolio plans [...]
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Despite widespread global inflation, consumers have yet to materially pull back on overall spending, lifting global travel ETFs. SS&C ALPS Advisors wrote in a December 5 insight that global travel continues to have its pulse on the state of the consumer with strong travel spending expected to persist into 2023, affirmed by Thanksgiving weekend seeing [...]
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While the headlines have focused on a crypto winter, it hasn’t exactly been an easy year for biotech. The sector that blossomed amid a global pandemic has struggled with the pandemic easing and rates rising. But with a recession looming for equities overall, innovations accessible in a biotech ETF for 2023 like the ARK Genomic [...]
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In trading on Wednesday, shares of the FNDF ETF (Symbol: FNDF) crossed below their 200 day moving average of $29.25, changing hands as low as $29.05 per share. FNDF shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of FNDF
In trading on Wednesday, shares of the WisdomTree International Hedged Quality Dividend Growth Fund ETF (Symbol: IHDG) crossed below their 200 day moving average of $39.73, changing hands as low as $36.70 per share. WisdomTree International Hedged Quality Dividend Growth Fund
In trading on Wednesday, shares of the DBEF ETF (Symbol: DBEF) crossed below their 200 day moving average of $36.24, changing hands as low as $33.04 per share. DBEF shares are currently trading down about 12% on the day. The chart below shows the one year performance of DBEF
In trading on Wednesday, shares of the DBEF ETF (Symbol: DBEF) entered into oversold territory, changing hands as low as $33.04 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o