By William Sokol Senior Product Manager With higher relative yields, built-in risk protection, and historical outperformance in periods of rising rates, it’s time to get to know CLOs and how they are structured. What Is a Collateralized Loan Obligation? A collateralized loan obligation (CLO) is a portfolio of predominantly senior secured loans that is securitized and actively managed. [...] Read more at ETFtrends.com.
By Christopher Gannatti, CFA Global Head of Research We recently hosted an Office Hours webinar on Disruptive Growth Megatrends. During the audience polling, ‘geopolitics’ was a big topic in focus. In looking at the global investment flows to different megatrend investment vehicles, cybersecurity was also a huge topic.1 However, for all the focus that people are putting on cybersecurity, [...] Read more at ETFtrends.com.
By Jan van Eck Chief Executive Officer With inflation still in the early innings, we expect market volatility to continue—but we’re certainly closer to the end with opportunities starting to emerge among oversold assets. When Will It be Over? The short answer: not yet. Financial tightening by central banks is never good for financial assets. And [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income EM continues to deliver gutsy policy moves – but not all of them are positive (like Hungary’s oversized rate hike). Poland’s below-consensus policy rate increase puts it further behind the curve. EM Rate Hikes Frontloading The morning headline about the Philippine central bank (BSP) being ready for a 50bps [...] Read more at ETFtrends.com.
Martha and the Vandellas’ “Nowhere to Run” was one of the hottest singles of 1965, but the classic Motown hit may as well be the official soundtrack of investing in 2022. Not only did the S&P 500 post its worst first-half of the year in over 50 years and fall further into bear territory, but [...] Read more at ETFtrends.com.
By Brandon Rakszawski Senior Product Manager Historically, the Morningstar Wide Moat Focus Index’s valuation methodology has led to high returns in broad U.S. equities following periods of sizeable market declines. June was another volatile month with sizeable declines in the U.S. equity market; however, the Morningstar® Wide Moat Focus IndexSM (the “Moat Index” or “Index”) proved more resilient [...] Read more at ETFtrends.com.
Energy sector-related exchange traded funds have stood out for most of 2022, but oil producers lost their momentum in June. The Energy Select Sector SPDR (XLE) declined 17.5% over the past month, but the ETF was still up 31.4% year-to-date. Energy stocks were the worst-performing group in the S&P 500 Index for the past five [...] Read more at ETFtrends.com.
Small-capitalization stocks and related exchange traded funds are beginning to take charge. The iShares Russell 2000 ETF (IWM), which tracks the benchmark Russell 2000 Index of small-caps, gained 5.7% over the past week. Shares of many small U.S.companies have outperformed the broader stock market in July, the Wall Street Journal reports. So far in July, [...] Read more at ETFtrends.com.
By Bob Smith, Sage Advisory President Nowhere to run to baby, nowhere to hide I got nowhere to run to baby, nowhere to hide Song by Martha & the Vandellas, 1965 The first couple lines of the iconic 1960s song “Nowhere to Run” best describes the difficult atmosphere of the bond markets in the first [...] Read more at ETFtrends.com.
Managed futures are drawing eyes and flows in the first half of 2022, with no slowing in sight. In a market driven by volatility and uncertainty, they have been a bright spot of performance and opportunity for portfolios this year. The iMGP DBi Managed Futures Strategy ETF (DBMF) is the top performing managed futures ETF on [...] Read more at ETFtrends.com.
Gasoline prices and related exchange traded funds have been declining after hitting a record high last month, but the pullback may be only temporary. The United States Gasoline Fund (UGA) decreased about 19% since its high in early June. Meanwhile, Nymex RBOB gasoline futures were hovering around $3.443 per gallon. While gasoline prices have fallen [...] Read more at ETFtrends.com.
Global coal use is only increasing as the energy crisis in Europe persists and China significantly ramps up coal production and use to boost its economy. The EU has gotten the go-ahead from Brussels to increase coal use over the next 10 years in the energy transition away from Russia. The European Commission has stated [...] Read more at ETFtrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Friday, with over 295,000 shares traded versus three month average volume of about 108,000. Shares of FCTR were down about 0.1% on the day.
In trading on Friday, the Invesco Solar ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Azure Power Global, up about 10% and shares of Maxeon Solar Technologies, up about 8.3% on the day.
Treasury bonds and related exchange traded funds retreated Friday after the unexpectedly strong labor market data added to rising interest rate fears. On Friday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.7%, and the iShares 20+ Year Treasury Bond ETF (NasdaqGS: TLT) declined 1.3%. Treasury yields rose after the Labor Department revealed 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 BlackRock Ultra Short-Term Bond ETF (Symbol: ICSH) where we have detected an approximate $140.0 million dollar inflow -- that's a 2.1% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JEPI ETF (Symbol: JEPI) where we have detected an approximate $198.9 million dollar inflow -- that's a 2.0% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the High Yield Muni ETF (Symbol: HYD) where we have detected an approximate $126.6 million dollar inflow -- that's a 4.2% increase week over week in out
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Dow Jones Industrial Average ETF Trust (Symbol: DIA) where we have detected an approximate $219.7 million dollar outflow -- that's a 0.8% decre