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
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
As more venture back into risk assets, fixed-income investors are picking up high-yield, speculative-grade corporate bond exchange traded funds. Among the most popular ETF picks over the past week, the iShares iBoxx $ High Yield Corp Bond ETF (HYG) attracted close to $1.2 billion in net inflows, according to VettaFi data. “High-yield bond funds are [...] Read more at ETFtrends.com.
In a rising interest rate environment, many investors struggle to properly balance their fixed income portfolios to provide real diversification while still maintaining income generation. In the upcoming webcast, Why Corporate Credit and Mortgage-Backed Securities Can Prosper in Rising Rate Environments, Pranay Sonalkar, portfolio manager at U.S. Core and Core Plus Fixed Income, Manulife Investment [...] Read more at ETFtrends.com.
Alternatives, the investment arena that contains everything from hedge funds to real estate, have become a more popular investment for advisors and investors this year when traditional 60/40 equity and fixed income portfolios have struggled. Within the alternatives subset, liquid alternatives, or alternative investment strategies through ETFs, mutual funds, and closed-end funds that offer daily [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the SPDR S&P Aerospace & Defense ETF (Symbol: XAR) crossed below their 200 day moving average of $113.36, changing hands as low as $112.99 per share. SPDR S&P Aerospace & Defense shares are currently trading off about 1.7% on
VettaFi Financial Futurist Dave Nadig appeared on Yahoo!Finance to discuss clean energy, meme stocks, and single stock ETFs. With clean energy getting attention following the passage of Biden’s historic climate bill, Nadig noted, “I think it’s fair to say this is good for the planet, but it’s not necessarily good for every part of [...] Read more at ETFtrends.com.
While oil prices have declined in recent weeks, energy stocks and ETFs have remained resilient, posting double-digit gains. WTI oil prices fell 13.0% – from $99.50 to $86.53 – between July 5 and August 16. Meanwhile, during the same period, the total return of the Alerian MLP Infrastructure Index (AMZI) was +18.5% and that of [...] Read more at ETFtrends.com.
Target Corporation (NYSE: TGT) shares retreated, dragging down consumer retail sector-related exchange traded funds, after announcing a plunge in quarterly profits that fell short of even the lowest Wall Street estimates. On Wednesday, the VanEck Vectors Retail ETF (RTH) and the Consumer Discretionary Select Sector SPDR (XLY) both dropped 0.9%. Meanwhile, Target shares were 2.4% lower [...] Read more at ETFtrends.com.
The ALPS REIT Dividend Dogs ETF (RDOG) gained 4.88% last week, outpacing the broader REIT market and the U.S. equities market. RDOG was propelled by a slew of positive earnings for its underlying REITs, as well as positive sentiment around “peak” inflation that may slow the Fed’s tightening cycle, ALPS wrote in a recent insight. [...] Read more at ETFtrends.com.
Markets this year have experienced a significant pivot away from growth stocks, bringing soaring valuations down. WisdomTree’s Christopher Gannatti, CFA and global head of research, dove into the valuations trends within thematic strategies centered around software and discussed the opportunities in cloud computing as well as cyber security in a recent blog post. Software-centric strategies [...] Read more at ETFtrends.com.
The diversification benefits and inherent tilt towards value are two reasons why investors favor equal-weighting over market cap-weighted strategies. 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 a [...] Read more at ETFtrends.com.
A biweekly roundup of Sage’s top ESG news picks By Andrew Poreda, Vice President & Senior Research Analyst Renewable Energy – Wind, Solar, and Storage – Get Big Boost from Inflation Reduction Act What it means: The surprise agreement between Senator Schumer and Senator Manchin on the Inflation Reduction Act will be a big win [...] Read more at ETFtrends.com.
By Robert Smith, President Florida Governor Ron DeSantis, a future GOP presidential contender, recently announced his plan to combat ESG (environmental, social, governance) influence in Florida by placing a “flat ban” on incorporating the globalist ESG platform into the state’s pension system’s investments. In doing so, the Governor stated that “we’re going to make sure [...] Read more at ETFtrends.com.
The markets giveth, then taketh away. Following the Dow’s fifth straight day of gains and the S&P 500 being on track for its fifth positive week, the party came to an end on Wednesday. Stocks fell on Wednesday, with the Dow Jones Industrial Average falling 306 points (or 0.89%), the S&P 500 dropping 1.14%, and [...] Read more at ETFtrends.com.
The last two years have seen increasing disparity between how Mainland China’s markets have performed and onshore investor confidence versus foreign investment, as measured through Hong Kong stocks. The latest in the series of differing sentiments is China’s beleaguered real estate sector, which has rallied in the last two days on reports that several state-owned [...] Read more at ETFtrends.com.
Launching an ETF Can Help Advisers Efficiently Manage Small Accounts by Employing Proprietary Strategies and Customized Allocations Across Their Client Base
China may be one step closer to offering driverless cab rides at half the price, thanks to Baidu. In July, the Chinese tech giant unveiled the sixth generation of its self-driving electric car built for ride-hailing rides, and at a cost nearly 50% below that of a model announced last year. The new EV, the [...] Read more at ETFtrends.com.