Energy inputs are always going to be cyclical with the economy. This is the primary topic of this week’s “ETF Report” on Yahoo Finance. VettaFi’s financial futurist, Dave Nadig, was on hand to discuss how the energy sector has shifted, considering where things are in the market. As Nadig states, “When people think the economy [...] Read more at ETFtrends.com.
While investors are gearing up for a potential dip into an economic recession, some may be turning to growth-related exchange traded funds that track previous big tech leaders in hopes that these stalwart companies are better suited to deal with the troubles ahead. The technology-heavy Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100, has enjoyed [...] Read more at ETFtrends.com.
The ALPS Equal Sector Weight ETF (EQL) has been among the most popular ETFs in ALPS’ lineup in recent months as equal weighting continues to outperform. Equal weighted strategies offer enhanced diversification and remove size bias so that individual securities or sectors do not have an outsized impact on the fund. Equal weighting has gained [...] Read more at ETFtrends.com.
Todd Rosenbluth, head of research at VettaFi, Will Rhind of GraniteShares, and Michael Sonnenshein, CEO of Grayscale Investments, joined Seema Mody to discuss commodities, the strength of the U.S. dollar, and the recent denial of Grayscale’s spot bitcoin ETF conversion by the SEC. The discussion opens by talking about the growing popularity of dividend [...] Read more at ETFtrends.com.
With pandemic-era subsidies beginning to expire, healthcare could become out of reach for many Americans, potentially dragging down the health sector and related exchange traded funds. Year-to-date, the iShares U.S. Healthcare Providers ETF (IHF) declined 10.7% while the broader Health Care Select Sector SPDR ETF (XLV) fell 8.3%. Premiums on the so-called Obamacare health insurance [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the J.P. Morgan EM Local Currency Bond ETF (Symbol: EMLC) entered into oversold territory, changing hands as low as $23.505 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indic
In trading on Wednesday, shares of the iShares Gold Trust ETF (Symbol: IAU) entered into oversold territory, changing hands as low as $32.90 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu
In trading on Wednesday, shares of the ETFS Physical Swiss Gold Shares ETF (Symbol: SGOL) entered into oversold territory, changing hands as low as $16.60 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Wednesday, shares of the SPDR Gold Shares ETF (Symbol: GLD) entered into oversold territory, changing hands as low as $161.47 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
Copper-related exchange traded funds have been taking a beating as fears of a global recession have weighed on the demand outlook for industrial metals. Year-to-date, the United States Copper Index Fund (NYSEARCA: CPER) declined 23.8% and the iPath Series B Bloomberg Copper Subindex Total Return ETN (NYSEArca: JJC) was 23.4% lower. Meanwhile, Comex copper futures were [...] Read more at ETFtrends.com.
China country-specific exchange traded funds just enjoyed one of their best months in over a year. In June, the iShares MSCI China ETF (NASDAQ: MCHI) rose 7.8% and the KraneShares CSI China Internet ETF (KWEB) increased 12%, whereas the S&P 500 declined 8.4%, the Wall Street Journal reported. Meanwhile, the two largest China country-related ETFs both [...] Read more at ETFtrends.com.
The S&P 500 Equal Weight Index outperformed its cap-weighted counterpart during the second quarter, continuing equal weight’s trailing 12-month relative outperformance. The S&P 500 EWI outperformed the S&P 500 by 2% during the second quarter. Key performance contributors for equal weight were the underweight to communication services and the overweight to utilities, according to S&P [...] Read more at ETFtrends.com.
While older generations drew down their wealth slowly in retirement, leaving much of their savings untouched, retiring Baby Boomers may not be able to do the same. This is because Boomers are less likely to have a defined benefit plan and will need to tap the assets in their defined contribution plans to support their [...] Read more at ETFtrends.com.
The top four ETFs in FlexShares’ line-up that took in the most new assets in June are funds that offer potential upside in an inflationary environment, including real assets and income-generating funds. The FlexShares STOXX Global Broad Infrastructure Index Fund (NFRA) took the top spot after seeing $100 million in net inflows during the month. [...] Read more at ETFtrends.com.
Alternatives have seen a lot more interest in the first half of 2022 than they have in years, with advisors and investors seeking either hedges, performance, or some variation of both in a market environment that has caused traditional portfolio allocations to largely suffer. Managed futures have stepped into the spotlight for the ability to [...] Read more at ETFtrends.com.
Though many are acting as if the crypto winter has left the cryptocurrency space a barren, snow-covered wasteland, there are signs of life sprouting up everywhere. One such sign of life is in a report titled “Paying With Cryptocurrency,” a collaboration between data platform PYMNTS and Bitpay. The researchers noted that among businesses with an annual income [...] Read more at ETFtrends.com.
When it comes to markets, history rarely repeats itself, but it can rhyme. If you haven’t noticed by now, we are in the middle of a bear market. Six months ago, the S&P 500 was sitting at a new all-time high. Now, six months into 2022, and we have seen the 3rd worst first half [...] Read more at ETFtrends.com.
Global X listed the Global X Interest Rate Hedge ETF (NYSE Arca: IRHG) and the Global X Interest Rate Volatility & Inflation Hedge ETF (NYSE Arca: IRVH) on the New York Stock Exchange on Wednesday. IRHG seeks to tactically hedge against sharply rising long-term U.S. interest rates while also benefitting during market stress when interest rate volatility rises. The [...] Read more at ETFtrends.com.
The First Trust Mid Cap Value AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 402,000 shares traded versus three month average volume of about 37,000. Shares of FNK were down about 1.6% on the day.
In trading on Wednesday, the The Utilities Select Sector SPDR Fund ETF is outperforming other ETFs, up about 0.7% on the day. Components of that ETF showing particular strength include shares of Constellation Energy, up about 2.1% and shares of Wec Energy Group, up about 1.7%