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
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
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
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
Speculative-grade debt and junk bond-related exchange traded funds have stumbled since mid-August as renewed fears of the Federal Reserve’s interest rate outlook weighed on the recent risk rally. Over the past week, the iShares iBoxx $ High Yield Corp Bond ETF (HYG) decreased 2.8% and the SPDR Bloomberg Barclays High Yield Bond ETF (JNK) declined [...] Read more at ETFtrends.com.
By Rob Williams, Director of Research The Fed is likely to wrap up hiking rates by year-end, which is good news for fixed income investors. What the Fed has articulated and what futures markets indicate is that they will finish with the federal funds rate in the 3.0% to 3.50% range. This also jives with [...] Read more at ETFtrends.com.
Investors may be too pessimistic about the outlook for oil markets and energy sector-related exchange traded funds. While money managers may be hedging against a global slowdown with a lower demand outlook for raw materials like oil, others are much more optimistic. For example, Saudi Prince Abdulaziz bin Salman recently argued that the oil futures [...] Read more at ETFtrends.com.
Uranium sector-specific exchange traded funds surged Wednesday after Japanese Prime Minister Fumio Kishida announced that Japan will restart its nuclear power plants and outlined plans for developing next-generation reactors. Among the best performing non-leveraged ETFs of Wednesday, the North Shore Global Uranium Mining ETF (URNM) increased 14.5% and the Global X Uranium ETF (URA) advanced [...] Read more at ETFtrends.com.
Investors who are looking for ways to diversify their portfolios can consider the benefits of a managed futures exchange traded fund strategy. In the recent webcast, Is Your Portfolio Stuck in the Past? Look to Managed Futures, Andrew Beer, managing member, Dynamic Beta investments, noted that there may be many misconceptions about liquid alternatives. Some [...] Read more at ETFtrends.com.
Fixed income has faced a range of challenges this year, but in volatile, changing markets there have been several opportunities that have appeared, including within high yield. That’s what Kevin Flanagan, head of fixed income strategy at WisdomTree, tackled on his latest Basis Points podcast this week. “Heading into 2022, a definitive argument could have [...] Read more at ETFtrends.com.
Nobu’s Notes July FOMC Minutes The market rally experienced over the past month is a direct result of the FOMC’s July meeting as many see the Fed signally pauses in rate increases. We continue to see a tug of war between those that think the Fed will fight inflation and those that think the Fed [...] Read more at ETFtrends.com.
Commodities exposure has been one of the primary go-to plays amid rising inflation, but the wind has gone out of the sails recently. However, Wall Street analysts see this as a temporary pullback and are ramping up bets on a commodities rally to hit before the end of the year. “Commodities have broadly pulled back [...] Read more at ETFtrends.com.
Invesco, a top global asset management firm, has expanded its commodities ETF suite with the launch of the Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA). PDBA seeks long-term capital appreciation by investing indirectly via a subsidiary in commodities futures, collaterals such as cash, and high-quality securities that are linked economically to the agriculture industry. [...] Read more at ETFtrends.com.