BlackRock’s iShares arm on Thursday filed for an ETF that will hold physical bitcoin. Numerous issuers have thrown their hat into the same ring, and none succeeded in launching a product. However, given its status in the ETF industry at a global level, if successful, BlackRock has the potential to dominate the space, even if [...]
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European carbon allowances continue to rebound strongly in June despite headwinds. With longer-term tailwinds on the horizon, they are an asset class to consider in the near and long term. Advisors and investors looking to diversify their commodity exposures would do well to consider the KraneShares European Carbon Allowance ETF (KEUA), a top-performing ETF in [...]
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After a series of interest rate hikes, the Federal Reserve decided to hold steady on Wednesday. For now, the Fed is keeping the federal funds rate at its current target range of 5% to 5.25%. And while markets expect the Fed to cut interest rates before year-end, a machine-learning model from Vanguard suggests otherwise. In [...]
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ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that ETFs industry in Europe gathered net inflows of US$7.93 billion during May.
Artificial intelligence (AI) has captured the attention of investors as one of the most promising technologies of our time. With ChatGPT unveiled earlier this year, the public debate about AI, its potential opportunities, and the possible dangers it represents reached frenzied heights. The intensity of the chatter around AI has led to some concerns that [...]
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Exposure to the quality and low volatility factors can help portfolios remain defensive in the current environment. With lots of uncertainty looming in the market, many investors want to maintain more defensive allocations. The quality and low volatility factors are both considered to be defensive factors. However, their individual qualities enable them to complement one [...]
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In trading on Thursday, shares of the The Financial Select Sector SPDR Fund ETF (Symbol: XLF) crossed above their 200 day moving average of $33.63, changing hands as high as $33.73 per share. The Financial Select Sector SPDR Fund shares are currently trading up about 1.4% on t
In trading on Thursday, shares of the SCHD ETF (Symbol: SCHD) crossed above their 200 day moving average of $73.35, changing hands as high as $73.47 per share. SCHD shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of SCHD s
In trading on Thursday, shares of the iShares Intermediate Government/Credit Bond ETF (Symbol: GVI) crossed above their 200 day moving average of $103.26, changing hands as high as $103.42 per share. iShares Intermediate Government/Credit Bond shares are currently trading up a
The S&P 500 Equal Weight has amassed a track record of outperforming its parent index as well as active U.S. equity funds. Since the index’s 2003 launch, nearly all actively managed U.S. equity mutual funds underperformed the S&P 500 Equal Weight index, according to recent research from S&P Dow Jones Indices. The S&P 500 Equal [...]
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High yield bond investing in Asia carried elevated risk in the last two years and many foreign investors chose to remain on the sidelines. There are a number of potential tailwinds that make the space increasingly attractive, alongside the substantial yields. The KraneShares Asia Pacific High Income Bond ETF (Ticker: KHYB) carries a 30-day SEC [...]
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Stocks escaped the bear’s grip. What comes next? Investors cheered last week as the S&P 500 broke free of the bear market that had taken the index down more than 25%. With the added gains of the past few days, the S&P 500 is now up 21.3% from its recent low point last October (although [...]
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“Artists often have no idea what they’re going to create. They make art in order to know what they are planning. Buchman quotes Picasso: ‘To know what you’re going to draw, you have to begin drawing.’” Russ Roberts Wild Problems The View from 30,000 feet Last week was a relatively light week in economic data [...]
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In the latest addition to the burgeoning ETF landscape, T. Rowe Price has launched five new active transparent ETFs. The new strategies focus on equities with a variety of investment factors applied, including growth, value, and mid-cap approaches. Their arrival joins a notable suite of existing ETFs and helps the shop offer a greater diversity [...]
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by DOUG SANDLER, CFA There is a Difference Between Newsworthy and Investable There is rarely a dull moment in the 24/7 news cycle and the first half of 2023 has been no different. From rising fears about another banking crisis to worries about the debt ceiling, investors have been inundated with heavy headlines lately. Yet, [...]
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Canadian midstream companies have been impacted by the devastating start to wildfire season. Above-normal temperatures and a lack of rain have caused fires to spread across Canada since May. There are over 450 active fires throughout Canada as of June 15, according to the country’s interagency fire center. The most fires are currently in the Quebec [...]
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VettaFi’s vice chairman Tom Lydon discussed the SPDR Dow Jones Industrial Average ETF Trust (DIA) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
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The First Trust Large Cap Core AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 315,000 shares traded versus three month average volume of about 62,000. Shares of FEX were up about 0.7% on the day.