Energy continues to be a strong performer in spite of market volatility due to inflation fears. Take, for example, the Direxion Daily Energy Bull 2X Shares (ERX) — the fund is up close to 60% this year. This performance comes in spite of the changing of the guard when it comes to the energy sector. There’s [...] Read more at ETFtrends.com.
Natural gas futures and related exchange traded funds jumped on Monday as another round of cold weather could fuel heating demand ahead. Among the best-performing non-leveraged ETFs of Monday, the United States Natural Gas Fund (NYSEArca: UNG) increased 3.3%, testing its long-term resistance at the 200-day simple moving average. Meanwhile, Nymex natural gas futures surged 4.7% [...] Read more at ETFtrends.com.
On this week’s “ETF Edge,” things get started with CNBC’s Frank Holland addressing the wall of worry Wall Street faces with the rise of runaway inflation and a very hawkish Fed. With geopolitical tensions adding even more uncertainty, there’s plenty to discuss as far as the effect this could all have on global markets. In [...] Read more at ETFtrends.com.
In trading on Monday, shares of the SCHD ETF (Symbol: SCHD) crossed below their 200 day moving average of $77.31, changing hands as low as $76.64 per share. SCHD shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of SCHD sha
In trading on Monday, shares of the iShares MSCI USA Value Factor ETF (Symbol: VLUE) crossed below their 200 day moving average of $105.59, changing hands as low as $104.98 per share. iShares MSCI USA Value Factor shares are currently trading off about 1.1% on the day. The ch
In trading on Monday, shares of the UITB ETF (Symbol: UITB) entered into oversold territory, changing hands as low as $51.04 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
Concerns about the degree of concentration in market capitalization-weighted indexes like the S&P 500 seem to be prevalent whenever performance is dominated by mega-cap names — as it has been recently. Investors are facing levels of concentration risk not seen in nearly half a century with the S&P 500’s top five holdings growing increasingly large at [...] Read more at ETFtrends.com.
The Securities and Exchange Commission announced Monday its agreement in a settlement with BlockFi over allegations that the platform had failed to register its interest-bearing accounts as securities, reports the Financial Times. It’s the first major enforcement taken by the regulatory agency and provides clarification over the previously uncertain area regarding cryptocurrency lending products with [...] Read more at ETFtrends.com.
Prospective emerging markets (EM) investors have options when it comes to looking overseas for growth. One option is Colombia and the Global X MSCI Colombia ETF (GXG). EM opportunities certainly had their fair share of obstacles. Obviously, the pandemic roiled EM economies around the globe, and a stronger dollar didn’t help their cause. Certain countries [...] Read more at ETFtrends.com.
Allocating to international dividend ETFs is one way that investors are boosting the yield in equities. FlexShares offers three international income-generating strategies: the FlexShares International Quality Dividend Defensive Index Fund (IQDE), the FlexShares International Quality Dividend Dynamic Index Fund (IQDY), and the FlexShares International Quality Dividend Index Fund (IQDF). Non-U.S. equities compose nearly 40% of [...] Read more at ETFtrends.com.
Dividend growth strategies have been gaining in popularity over the past few months from advisors looking to insulate themselves from rising rates. Data from Refinitiv Lipper show that dividend funds have brought in a record $7.5 billion in flows in January. But the challenge with passively managed ETFs that provide exposure to higher quality companies [...] Read more at ETFtrends.com.
When many investors think of healthcare innovation, they focus on companies in industries such as biotechnology, medical devices, telehealth and more. Exchange traded funds, including the Goldman Sachs Future Health Care Equity ETF (GDOC), address some of those concepts, but GDOC has some interesting surprises. Those include exposure to blue chip pharmaceuticals stocks. GDOC’s allocations [...] Read more at ETFtrends.com.
Healthcare innovation equities are languishing, but it could time for one of the most well-known names in the group to turn around, and that could be constructive for select exchange traded funds, including the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG). In a note to clients on Friday, Goldman Sachs analyst Cindy Motz initiated coverage [...] Read more at ETFtrends.com.
Intel is making a push toward sustainability and has created a new crypto mining chip designed for energy efficiency. The chip is set to ship later this year with Jack Dorsey’s fintech company Block (SQ) among its first buyers. Block is one of the main holdings in the VanEck Digital Transformation ETF (DAPP) which stands [...] Read more at ETFtrends.com.
The e-commerce industry, which has been strengthening for several years, can serve as a multi-sector play on strong consumer spending combined with rapid technology growth. E-commerce has grown steadily in the mid-teen percentage range since 2010, but the COVID-19 pandemic pulled forward e-commerce growth to the high 30% range throughout the end of 2020, according [...] Read more at ETFtrends.com.
MPLX LP (NYSE: MPLX) has established a new 2030 target to reduce methane emissions intensity by 75% below 2016 levels. The reduction target applies to MPLX’s natural gas gathering and processing operations and represents an expansion of the company’s existing 2025 target to reduce methane emissions intensity by 50% below 2016 levels, according to a [...] Read more at ETFtrends.com.
Silver is primed for a big breakout. January saw the price of silver swing wildly, but despite that, demand for the metal is up, with January seeing the U.S. mint 5 million ounces of silver in January, the best start to a year since 2017. Silver coin sales are up 4.6%. “Overall, we continue to [...] Read more at ETFtrends.com.
The coal mines of Britain played a significant role in the development of industry, but now with so many abandoned and all set to be closed by October 2024, the U.K. is looking into alternative uses for the mines, reports CNBC. It’s part of a worldwide trend of moving to sustainability and emission reduction, with [...] Read more at ETFtrends.com.
Despite headwinds related to the ongoing pandemic, we see signs that the U.S. economy’s growth endures. The strong January jobs report is just one example of this continued economic strength. While the January jobs report beat expectations, we do not put much weight on any single monthly report due to the statistical noise and other [...] Read more at ETFtrends.com.