Despite a rising interest rate outlook, gold exchange traded funds remain a popular play to combat elevated inflation levels. For example, the SPDR Gold Shares (NYSEArca: GLD), the largest gold-related ETF by assets, has brought in a little over $7.3 billion in net inflows over the first four months of 2022, according to ETFdb data. According [...] Read more at ETFtrends.com.
Indonesian country-specific exchange traded funds have been a bright spot in the global markets. Year-to-date, the iShares MSCI Indonesia ETF (NYSEArca: EIDO) increased 9.7% and the VanEck Vectors Indonesia Index ETF (NYSEArca: IDX) advanced 11.3%. The benchmark MSCI Indonesia Index has gained about 12% in U.S. dollar terms so far this year ended Thursday, compared to the [...] Read more at ETFtrends.com.
Bank stocks and financial sector-related exchange traded funds are finding it harder to slog through the growing fallout from the Russia-Ukraine war, surging inflationary pressures, and the Federal Reserve’s tightening monetary policy. Year-to-date, the SPDR S&P Bank ETF (NYSEArca: KBE) declined 10.9% and the Financial Select Sector SPDR (NYSEArca: XLF) dropped 10.1%. Banks are facing an uphill [...] Read more at ETFtrends.com.
Energy sector-related exchange traded funds are strengthening Friday after EOG Resources’ (NYSE: EOG) first quarter results beat expectations and declared a special dividend. On Friday, the iShares U.S. Oil & Gas Exploration & Production ETF (Cboe: IEO) advanced 1.8% and the broader Energy Select Sector SPDR (NYSEArca: XLE) gained 1.9%. Meanwhile, shale-oil producer EOG Resources Inc. [...] Read more at ETFtrends.com.
As more Federal Reserve rate hike mulling continues through 2022, the push-pull dynamic allows traders to capitalize on the moves with exchange-traded products linked to precious metals—particularly gold and silver. Fresh off a 50-basis point hike, the Fed seems to be erring on the side of hawkishness, but talks of a recession amid inverting yield [...] 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.
U.S. officials from the Public Company Accounting Oversight Board (PCAOB) have purportedly landed in China to meet with Chinese regulators as the two sides seek to find an accord over the delisting of Chinese companies from U.S. exchanges, according to Reuters. As of this week, the SEC added 80 more Chinese companies to its growing [...] Read more at ETFtrends.com.
Defensive sector-related exchange traded funds have been a popular play among investors seeking a relatively safe area in which to sit out the global market turmoil. According to Morningstar data, ETFs that track the consumer staples, healthcare, utilities, and real estate sectors, along with those that follow precious metals, Treasuries, and commodities, have attracted a [...] Read more at ETFtrends.com.
Paul Wong’s latest Sprott Insight digs deep into what happened in the precious metals space in April. As the U.S. dollar climbed 4.7%, risk assets were bound to get bruised, but gold bullion kept up a 3.70% YTD climb despite a rocky April, while silver declined 2.27% YTD. Mining equities also had a rough month, [...] Read more at ETFtrends.com.
Investors sold off stocks on Thursday as they anticipated a possible recession and braced for the Federal Reserve to raise rates. Citing Dow Jones Market Data, the Wall Street Journal reports that the major indexes fell between 7.02 and 9.38 percentage points from Wednesday’s highs to Thursday’s lows, their largest swings since the first half [...] Read more at ETFtrends.com.
In trading on Friday, shares of the Invesco Dynamic Leisure and Entertainment ETF (Symbol: PEJ) entered into oversold territory, changing hands as low as $40.78 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis ind
In trading on Friday, shares of the Vanguard Long-Term Bond ETF (Symbol: BLV) entered into oversold territory, changing hands as low as $79.50 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
In trading on Friday, shares of the SPDR S&P Biotech ETF (Symbol: XBI) entered into oversold territory, changing hands as low as $69.63 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
In trading on Friday, shares of the Vanguard International Dividend Appreciation ETF (Symbol: VIGI) entered into oversold territory, changing hands as low as $71.85 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
In trading on Friday, shares of the ARK Fintech Innovation ETF (Symbol: ARKF) entered into oversold territory, changing hands as low as $19.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
There are many methods of working to fight climate change, from technology-driven approaches such as carbon capture to innovations that inherently reduce or eliminate the production of harmful greenhouse gases, but perhaps one of the most popular and well-known are cap-and-trade programs, which essentially tax entities that go above prescribed emissions limits. While these programs [...] Read more at ETFtrends.com.
The iShares Global Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Friday, with over 401,000 shares traded versus three month average volume of about 28,000. Shares of RXI were off about 0.8% on the day.
Getting international exposure amid a volatile U.S. equities environment could capture upside and income in other parts of the globe while offering an escape from the rate-hiking bonanza by the U.S. Federal Reserve. Investors can achieve all of this in one fund: the Invesco S&P International Developed High Dividend Low Volatility ETF (IDHD). Despite this, [...] Read more at ETFtrends.com.
In trading on Friday, the iShares U.S. Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Northern Oil and Gas, up about 6.3% and shares of Eog Resources, up
Even though the capital markets have already re-adjusted for a rate hike by the Federal Reserve, the post-hike depression has been driving the most recent sell-offs. The Direxion Daily S&P 500 Bear 3X ETF (SPXS), however, has been profitable thus far. During Thursday’s trading session, SPXS finished the day up 10%, which is a sign [...] Read more at ETFtrends.com.