Many investors are not aware of the unintended risks that cap-weighted ETFs can introduce into portfolios. Particularly in the U.S. large-cap space, many investors look to top-heavy, growth-tilted indexes such as the S&P 500. Investors looking to take smarter risks can use alternative approaches, such as multifactor strategies, to get a more balanced exposure. Multifactor [...]
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Schwab Asset Management has launched the Schwab High Yield Bond ETF (NYSE Arca: SCYB). The ETF will provide simple access to the U.S. dollar-denominated high yield corporate bond market. SCYB looks to track as closely as possible, before fees and expenses, the ICE BofA US Cash Pay High Yield Constrained Index’s total return. The fund [...]
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Last week, Nasdaq announced an upcoming special rebalance of the Nasdaq-100 Index. Most investors in the Invesco QQQ (QQQ) and its younger sibling the Invesco NASDAQ 100 ETF (QQQM) will likely not notice the pending changes. However, the indexing efforts will provide helpful risk reduction efforts to shareholders. They warrant some ETF education. QQQ [...]
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Economic Overview The U.S. economy continued to defy skeptics as well as conventional bond market wisdom concerning the slope of the yield curve. Despite a historically steep inversion, signaling imminent recession, the third reading for Q1 US GDP showed a better than anticipated +2.0% annual growth rate. The only challenge to the “no-landing” thesis may lie [...]
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The media often plays up the narrative that the U.S. dollar is about to lose its dominance. We can understand investors’ fear but cannot find an argument that warrants the decline in dollar power. We could find reasons to think the dollar may lose some value relative to others but to lose its status as [...]
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The Invesco CEF Income Composite ETF is seeing unusually high volume in afternoon trading Tuesday, with over 309,000 shares traded versus three month average volume of about 95,000. Shares of PCEF were up about 0.1% on the day.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY STANDARD AND POORS 500 BULL 3X SHARES, where 9,750,000 units were destroyed, or a 23.0% decrease week over week.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (MSOX ) AdvisorShares MSOS 2x Daily ETF 25.31% (EVAV ) Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares 17.31% [...]
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Phillips 66 (Symbol: PSX) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.2% yield, as well as being recognized by prominent asset managers as being a socially r
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Dow Jones Internet Index Fund (Symbol: FDN) where we have detected an approximate $253.3 million dollar inflow -- that's a 4.7% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR Fund (Symbol: XLC) where we have detected an approximate $447.7 million dollar inflow -- that's a 3.4%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $240.5 million dollar inflow -- that's a 1.9% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we have detected an approximate $246.4 million dollar inflow -- that's a 1.7%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SGOV ETF (Symbol: SGOV) where we have detected an approximate $265.9 million dollar inflow -- that's a 2.4% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK) where we have detected an approximate $226.1 million dollar inflow -- that's a 2.9% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro Short QQQ (Symbol: SQQQ) where we have detected an approximate $188.5 million dollar outflow -- that's a 3.9% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Mid-Cap Growth ETF (Symbol: VOT) where we have detected an approximate $220.1 million dollar inflow -- that's a 2.0% increase week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBAX ETF (Symbol: BBAX) where we have detected an approximate $93.5 million dollar outflow -- that's a 2.2% decrease week over week (from 89,648,641