Oil price is rising as expectations are growing stronger that President-elect Joe Biden will provide support in recovering growth and energy demand in the United States. Weakness in dollar is also aiding the upside in oil prices. Notably, oil futures in New York steered past $53
U.S. markets and stock exchange traded funds strengthened Wednesday as Joe Biden is sworn in as the 46th U.S. president, while upbeat earnings, notably out of Netflix, supported growth stock momentum. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 2.4%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.8%, and iShares Core S&P [...] Read more at ETFtrends.com.
Bitcoin’s market capitalization ascent makes it larger than nearly every publicly traded bank in the world. If Bitcoin were a company, it’d be a top 10 component in the S&P 500. As of late Jan. 18, Bitcoin’s market value was flirting with $683 billion, putting the cryptocurrency in position to eclipse some other well-known assets [...] Read more at ETFtrends.com.
Investors that haven’t yet embraced smaller stocks may not want to dither too much longer. The ERShares International Equity ETF (NYSEARCA: ERSX) is a strong option. ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in their proprietary Entrepreneur Factor (EF). ERShares’ ETF delivers strong performance across a variety of [...] Read more at ETFtrends.com.
Stocks and index ETFs are gaining momentum for a second day on Wednesday, amid the inauguration of President Joe Biden and robust corporate earnings reports. The Dow Jones Industrial Average added almost three-quarters of a percent in morning trading, while the S&P 500 gained 1.3% to notch a new intraday record. Meanwhile, the Nasdaq Composite [...] Read more at ETFtrends.com.
High-yield bonds encountered some rough spots in 2020, but by the time the year drew to a close, the VanEck Vectors Fallen Angel High Yield Bond ETF (NASDAQ: ANGL) proved to be a steady performer for income investors. ANGL seeks to replicate as closely as possible the price and yield performance of the ICE BofAML [...] Read more at ETFtrends.com.
With a stellar track record, the ARK Innovation ETF (NYSEArca: ARKK) became something of a legend among exchange traded funds last year. ARKK’s large exposure to Tesla (NASDAQ: TSLA) is a big reason why. While past performance is never a guarantee of future returns, Tesla doesn’t appear to be slowing down. “Companies within ARKK include [...] Read more at ETFtrends.com.
Dividend stocks steadied late last year after a turbulent first half. With that steadiness comes expectations that growth will resume this year. Those sentiments apply to international dividend payers too, enhancing the appeal of the ALPS International Sector Dividend Dogs ETF (NYSEArca: IDOG). ALPS identifies the five highest-yielding securities in the 10 GICS sectors on [...] Read more at ETFtrends.com.
In the realm of disruptive growth investments, there are a slew of platform-driven companies spanning an array of high octane segments and technologies. Predictably, stock picking in these spaces is difficult, but advisors can ease that burden with WisdomTree’s new Disruptive Growth Model Portfolio. “The WisdomTree Disruptive Growth ETF Model Portfolio targets structural growth themes [...] Read more at ETFtrends.com.
What’s not to like about this list? Trillions more in stimulus, vaccines allowing a back-to-normal economy and a lowering of the political temperature – those are all good things. Yet, last week was a reminder that markets buy ahead of the news, and sell when the facts are revealed, making for a bumpy ride. Help is [...] Read more at ETFtrends.com.
After winning the November election and the Georgia run-off election early this month, Joe Biden took oath as the 46th president of the United States on Jan 20. This is the first time in a decade when Democrats took control of both chambers of Congress, as well as the White House
While old school real estate exchange traded funds may need a refreshing, the Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF (SRVR) offers exposure to the future of real estate today. The Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF is a strategy-driven ETF that aims to offer investors exposure to U.S. companies [...] Read more at ETFtrends.com.
The First Trust Industrials/Producer Durables AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.2 million shares traded versus three month average volume of about 86,000. Shares of FXR were up about 0.7% on the day.
For cost-conscious investors, getting single country exposure to China doesn’t have to come at a premium price. The Global X MSCI China Large-Cap 50 ETF (CHIL) offers investors a low-cost solution to a top-performing ETF. The fund is up over 30% within the past year as it continues a checkmark-style recovery following the pandemic sell-offs [...] Read more at ETFtrends.com.
In trading on Wednesday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Taylor Morrison Home, up about 8.4% and shares of Tri Pointe Group, up about 8% on the da
Getting single-country exposure to investment opportunities in Asia doesn’t have to be relegated to just China. Singapore’s better-than-expected export figures are showing improved strength in the country’s economy, which bodes well for ETFs like the iShares MSCI Singapore ETF (EWS). “Singapore’s December non-oil domestic exports (NODX) increased 6.8% from a year earlier, official data showed [...] Read more at ETFtrends.com.
ARK has been one of the biggest stories in the ETF world lately. Three ARK ETFs were among the top 10 performers last year. The ETF firm managed by Cathie Wood, saw its assets grow to $41.5 billion from less than $3.5 billion at the beginning of 2020. With an incredible asset gro
Getting a positive gross domestic product (GDP) reading in 2020 was a tall order for any country. China was able to grow its GDP by 2.3%, a good sign for the Xtrackers MSCI All China Equity ETF (CN). As noted by a recent CNBC article, China’s “economy grew 2.3% last year as the world struggled [...] Read more at ETFtrends.com.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core MSCI Emerging Markets ETF, which added 36,600,000 units, or a 3.3% increase week over week. Among the largest underlying components
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the HYLB ETF, where 8,600,000 units were destroyed, or a 5.6% decrease week over week.