U.S. stocks and exchange traded funds were lower Friday, snapping a four-week winning streak as renewed concerns over the interest rate hike outlook weighed on risk sentiment. On Friday, the Invesco QQQ Trust (QQQ) declined 2.0%, the SPDR Dow Jones Industrial Average ETF (DIA) was down 0.7%, and the SPDR S&P 500 ETF Trust (SPY) was [...] Read more at ETFtrends.com.
Much of the talk in financial markets in August has been centered around recession risk. Speculation is high as to how the Federal Reserve will respond to the slowing economy and inflation that appears to be leveling off for now, as indicated through July’s flat month-over-month inflation reading. A recession, or even a significant economic [...] Read more at ETFtrends.com.
By Michael Paciotti, CFA “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” – Sam Ewing1 Every year seems to have a phrase or theme that gets discussed repeatedly and becomes the dominant headline for the year. A few years ago, “social [...] Read more at ETFtrends.com.
The demand for electric vehicles continues to increase globally, providing investment opportunities both in the short- and long-term. KraneShares took a deep dive into the first half performance of their EV fund, the KraneShares Electric Vehicles and Future Mobility ETF (NYSE: KARS), and provided an outlook for the space on the potential hurdles and positive [...] Read more at ETFtrends.com.
The ARK Fintech Innovation ETF (ARKF) has posted impressive gains as growth stocks have been revitalized in the second half of the year. ARKF has returned 21.4% over one month, followed by ARKX and ARKW, which have increased 15.6% and 15.4%, respectively, according to VettaFi. Every fund in ARK’s suite of ETFs has posted positive [...] Read more at ETFtrends.com.
Recently released minutes from the Federal Open Market Committee’s July 26–27 policy suggest that the Federal Reserve will continue raising interest rates at an aggressive clip. According to the minutes, Fed officials saw “little evidence” that inflation pressures were easing and expressed resolve to bring down inflation. While not providing specific guidance for future increases, [...] Read more at ETFtrends.com.
For 30 years, investors have taken such things as interest rates and market volatility for granted. But now, there are a myriad of challenges facing investors. “There’s just a ton of risks out there,” said Brian Kelleher, chief revenue officer of Simplify, citing not just rising interest rates and inflation, “but geopolitics as well.” [...] Read more at ETFtrends.com.
The First Trust Dorsey Wright Momentum & Low Volatility ETF is seeing unusually high volume in afternoon trading Friday, with over 197,000 shares traded versus three month average volume of about 26,000. Shares of DVOL were off about 0.2% on the day.
In trading on Friday, the Pharmaceutical ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Eli Lilly, up about 2.8% and shares of Novo Nordisk, up about 2.2% on the day.
Investors are reinstating positions in growthier segments of the market after a risk-off sentiment began emerging in July. Investors can access the tech sector with the ALPS Disruptive Technologies ETF (DTEC), which utilizes a unique methodology, setting it apart from other funds offering tech exposure. Tech stocks have begun rebounding in the past weeks, partially [...] Read more at ETFtrends.com.
There are many reasons why investors favor equal weighting over market cap-weighted strategies, including the enhanced diversification and historical outperformance. An equal-weight strategy, such as the Invesco S&P 500 Equal Weight ETF (RSP) or the Invesco ESG S&P 500 Equal Weight ETF (RSPE), can reduce concentration risk by weighting each constituent company equally so that [...] Read more at ETFtrends.com.
Biotech has had a strong rally since June, when fortune for the sector abruptly pivoted after months of underperformance. The sector peaked in early 2021 but struggled to continue the momentum, despite numerous tailwinds for the space. Now, however, the biotech sector has rebounded meaningfully, spurred by an uptick in M&A activity among other growth [...] Read more at ETFtrends.com.
The recent stock market rally could be setting up plays for winners to emerge through the second half of 2022. As inflation fears start to dissipate and prices start to come back down, two leveraged funds could garner some interest. First up, the small-cap rally could be setting up a play for the Direxion Daily [...] Read more at ETFtrends.com.
The outlook for municipal bonds could be seeing a sustained improvement, making the case for getting muni exposure that extends beyond their tangible benefits such as stable credit quality and tax benefits. As inflation fears start to temper and recession fears kick into a higher gear, getting muni exposure becomes a must not only for [...] Read more at ETFtrends.com.
Some experts believe the recently passed Inflation Reduction Act has winners and losers in terms of investing perspective. While it remains to be seen how severely the speculated “losers” — likely pharmaceuticals companies — are punished, it’s clear that market participants perceive the winners to be renewable energy and clean technology stocks and the related [...] Read more at ETFtrends.com.
Through July, global green bond issuance is off the pace set during the same period in 2021, but that’s not necessarily a negative commentary on this emerging corner of the fixed income market. With interest rates rising in the U.S. and some other marquee markets, debt issuance is lower around the world. Even with that, [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SGOV ETF (Symbol: SGOV) where we have detected an approximate $60.1 million dollar outflow -- that's a 1.8% decrease week over week (from 33,750,000
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Utilities ETF (Symbol: IDU) where we have detected an approximate $62.1 million dollar outflow -- that's a 5.4% decrease week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Industrials ETF (Symbol: VIS) where we have detected an approximate $65.8 million dollar outflow -- that's a 1.7% decrease week over week (
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $73.8 million dollar outflow -- that's a 0.7% decrease week over