The coronavirus pandemic has definitely changed the way Americans shop. As forecasted, online has stood out to be the most-preferred platform during this holiday season. Notably, the pandemic has been a boon for the e-commerce industry as people continue to prefer staying indoors
After the steep sell-off in Alibaba (NYSE: BABA) on antitrust issues from Beijing, China technology sector-related exchange traded funds are gaining momentum. Among the best performing non-leveraged ETFs of Wednesday, the Invesco China Technology ETF (NYSEArca: CQQQ) increased 3.9% and the KraneShares CSI China Internet Fund (NasdaqGM: KWEB) advanced 3.8%. Broader emerging market internet-related ETFs [...] Read more at ETFtrends.com.
As the year comes to a close, precious metals and metals ETFs have take a well-deserved breather after a solid performance in 2020. Gold, silver and platinum continue to stay in uptrends, despite falling from their ultimate highs, but have been in consolidation for several months now. One of the most promising metals of the [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds rose Wednesday on the broader circulation of the coronavirus vaccine and hopes that fiscal stimulus will support the economic recovery. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.4% and iShares Core S&P 500 ETF (NYSEArca: IVV) [...] Read more at ETFtrends.com.
The year 2020 has been majorly dominated by the coronavirus pandemic. The tech-heavy Nasdaq Composite index, however, stood strong against the virus attack and managed to gain around 43.2% in 2020. Investors have been increasingly observed to give more attention to big tech names
After slipping Tuesday, stock index ETFs are rallying on Wednesday, as markets attempt to finish the year near record highs in the final days of 2020. The Dow Jones Industrial Average added 184 points, or 0.6%, while the S&P 500 and the Nasdaq Composite gained roughly 0.4% apiece. Major stock ETFs are also breaking to [...] Read more at ETFtrends.com.
Traders looking for opportunities in 2021 may want to give industrials and real estate a look, which have both been affected by the pandemic in some form or fashion. In particular, they can play leveraged funds like the Direxion Daily Industrials Bull 3X Shares (DUSL) and the Direxion Daily MSCI Real Estate Bull 3X ETF [...] Read more at ETFtrends.com.
Clean energy has been one of the prime plays in the ETF landscape this year, and with an incoming Biden administration, more strength could be on the way. Both the Invesco Solar ETF (TAN) and VanEck Vectors Low Carbon Energy ETF (SMOG) have already delivered massive gains this year. TAN, which started back in 2008, seeks [...] Read more at ETFtrends.com.
The Global X FinTech ETF (FINX) is up over 50% this year. FINX seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Fintech Thematic Index. The underlying index is designed to provide exposure to exchange-listed companies in developed markets that provide financial technology products [...] Read more at ETFtrends.com.
The First Trust Large Cap Growth AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 159,000 shares traded versus three month average volume of about 50,000. Shares of FTC were up about 0.5% on the day.
In trading on Wednesday, the Lithium ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Tesla, up about 2.8% and shares of Albemarle, up about 2.1% on the day.
Clean energy, video games, and rare earth metals: what do they all have in common? They all tie back to VanEck ETFs that have been delivering big gains for investors despite a pandemic-ridden year. VanEck Vectors Low Carbon Energy ETF (SMOG) Up 112% YTD SMOG seeks to replicate as closely as possible, before fees and expenses, [...] Read more at ETFtrends.com.
As environmental, social, and governance (ESG) investing continues to gain steam in the capital markets, market participants offering ESG products will have to differentiate themselves from the masses. One way is via lower fees, which is already happening in Europe, while in the United States, ETF investors can opt for low-cost funds like the SPDR [...] Read more at ETFtrends.com.
The MSCI China Index, which represents a number of the country’s equities, is up over 20% thus far this year, putting four Xtrackers China funds from ETF issuer DWS in the spotlight. Per MSCI, the “MSCI China Index captures large and mid cap representation across China A shares, H shares, B shares, Red chips, P [...] Read more at ETFtrends.com.
Despite the surge in coronavirus cases, December has been kind for the U.S. stock market with the major indices enjoying a historic rally. This is especially true against the backdrop of vaccine optimism and its availability, which has set the stage for a speedy recovery thereby
Interest rates are likely to remain low in 2021, meaning investors need to be selective with income-generating asset classes. The Principal Spectrum Preferred Securities Active ETF (NYSEArca: PREF) is a great starting point. PREF can act as a portfolio diversification tool and reducer of correlations. Another advantage of PREF’s active management is that the manager’s [...] Read more at ETFtrends.com.
There’s growth investing, and then there’s disruptive growth investing. The latter took center stage in 2020, a theme that’s likely to prove persistent in the years ahead. The increasingly popular ARK Innovation ETF (NYSEArca: ARKK) has a lot to say on the topic. “Companies within ARKK include those that rely on or benefit from the development of [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Cloud Computing ETF (Symbol: SKYY) where we have detected an approximate $595.1 million dollar outflow -- that's a 8.9% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Lithium ETF (Symbol: LIT) where we have detected an approximate $103.7 million dollar inflow -- that's a 6.1% increase week over week in outstanding
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P 600 Small Cap Value ETF (Symbol: SLYV) where we have detected an approximate $649.7 million dollar outflow -- that's a 19.2% dec