Nasdaq ETFs

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

The real sector is the best-performing group in the S&P 500 this year and the ALPS Active REIT ETF (NASDAQ: REIT) is proving just how beneficial it can be to be selective, soaring about 19.3% in just four months since inception. While the real estate sector is well back from its coronavirus trough of 2020, [...] Read more at ETFtrends.com.

By Liqian Ren, Director of Modern Alpha We recently spoke with portfolio manager Jeff Jiangfeng Li from EFG Asset Management on our China of Tomorrow podcast. Jeff currently manages a China equity fund and a global equity fund. Trained as an engineer, his team manages funds as active fundamental managers, with quantitative guardrails for risk management. Jeff goes into the [...] Read more at ETFtrends.com.

Two months. That’s how long the pandemic-triggered recession lasted, from February to April 2020, making it the shortest economic downturn in U.S. history, according to the National Bureau of Economic Research’s (NBER) Business Cycle Dating Committee. For those scratching their heads, the NBER makes clear that this does not mean the economy “has returned to operating at [...] Read more at ETFtrends.com.

By Patrick Watson The official employment data is a bit confusing. The US Bureau of Labor Statistics says 9.5 million Americans were unemployed in June. Another 4.6 million had part-time jobs while seeking more. And another 6.4 million weren’t actively looking but said they wanted jobs. So if this data is right, over 20 million people are experiencing some [...] Read more at ETFtrends.com.

By Nicolas Fonseca, CFA, Associate PM Fallen angel high yield bonds1 have continued to outperform broad high yield2 in a variety of market conditions. In Q2 2021, fallen angels’ longer duration contributed to their 1.87% outperformance over the broad high yield bond market. The segment also benefitted from higher weights to recent fallen angels and going forward [...] Read more at ETFtrends.com.

Commodities rallied 21% in the first half of 2021, making them the top performing asset group ahead of U.S., European, emerging market and non-Japan Asian stocks. The broad-based index of energy, agriculture, industrial metals and precious metals rose the same amount as high-flying Bitcoin, which pulled back after hitting its all-time high of more than [...] Read more at ETFtrends.com.

By Jared Dillian Here’s a quote I picked up on Twitter a few weeks ago—it’s attributed to Richard Russell (paraphrasing): “A bull market is a bull. It tries to throw off its riders.” Let’s go back in time to the dot-com bubble of the late 1990s. It’s easy to look at the chart below and [...] 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.

Fixed income investors are picking up Treasury bond exchange traded funds, reflecting lessening inflation fears but potential growth concerns. The iShares 7-10 Year Treasury Bond ETF (IEF) was among the most popular ETF plays of the past week, attracting over $1.2 billion in net inflows, according to ETFdb data. Fueling the anxiety over the growth [...] Read more at ETFtrends.com.

As rail companies come out with strong quarterly earnings and gain steam on the economic reopening, investors could look to transportation exchange traded funds to capture the expanding economic activity. An index of the largest U.S. freight rail companies just enjoyed its best three-day advance since March, outperforming the S&P 500 after Canadian National Railway [...] Read more at ETFtrends.com.

China country-specific exchange traded funds reeled as Beijing increases scrutiny on domestic companies listed overseas. On Friday, the Xtrackers CSI 300 China A-Shares ETF (ASHR) fell 1.3% and the KraneShares Bosera MSCI China A Share ETF (KBA) dropped 1.5%. China ETFs that don’t track the China A-shares market or Chinese companies listed in overseas exchanges took [...] Read more at ETFtrends.com.

International markets and related exchange traded funds maintained their momentum Friday, with European stocks closing at an all-time high, as a strong earnings season and the European Central Bank’s supportive monetary policy outlook helped offset concerns over the more infectious Covid-19 Delta variant. “The Monday selloff seems like a moment of brief panic, and … [...] Read more at ETFtrends.com.

On this season of The Switch, host Ren Leggi, Client Portfolio Manager for ARK, is joined by ETF Trends CEO Tom Lydon and CIO Dave Nadig, with plans to focus on four market inefficiencies found within the public equity markets for innovative stocks. Kicking things off, episode one is a discussion of the market’s short-term [...] Read more at ETFtrends.com.

Stocks and index ETFs are surging higher to close out the week, with the S&P 500 notching a new record Friday. Key stock benchmarks are pushing aside worries about economic growth. The Dow Jones Industrial Average climbed 0.7%, adding to three consecutive days of gains. The S&P 500 and Nasdaq Composite each rallied 1% as well. [...] Read more at ETFtrends.com.

The iShares Global Tech ETF is seeing unusually high volume in afternoon trading Friday, with over 2.0 million shares traded versus three month average volume of about 34,000. Shares of IXN were up about 0.8% on the day.

The Invesco Taxable Municipal Bond Fund (NYSEArca: BAB) once featured “Build America bonds” in its name, hence the ticker “BAB.” While the exchange traded fund’s name changed, it remains one of the premier avenues for accessing a broad portfolio of taxable municipal bonds, and with some market observers seeing signs of life in the often [...] Read more at ETFtrends.com.

In trading on Friday, the Vanguard Communication Services ETF is outperforming other ETFs, up about 2.6% on the day. Components of that ETF showing particular strength include shares of Snap, up about 25% and shares of Roku, up about 9.1% on the day.