By William Sokol Senior Product Manager We explore how CLOs are structured—including their “built-in” risk protection and how they compare to other fixed income instruments—in this Q&A. Collateralized loan obligations (CLOs) have been gaining wider prominence in markets in recent years. CLOs have historically offered a compelling combination of attractive yield relative to similarly rated [...] Read more at ETFtrends.com.
Financial sector-related exchange traded funds surged Friday after some of the biggest U.S. banks passed the Federal Reserve’s annual check-up. The Financial Select Sector SPDR (NYSEArca: XLF) increased 3.8% on Friday. Among the 34 lenders that were put under the Fed’s stress test, Wells Fargo & Co (WFC) was the biggest winner, rising 7.6%, Reuters reported. [...] Read more at ETFtrends.com.
U.S. equities and stock exchange traded funds surged Friday on signs that the recent slowdown in economic growth and dip in commodity prices could help tone down an overly aggressive Federal Reserve interest rate hike outlook. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) increased 2.6%, the SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) advanced 2.1%, [...] Read more at ETFtrends.com.
Cybersecurity remains a growing threat for businesses, and the U.S. Securities and Exchange Commission has taken note. With increased attention from major regulators, the space looks to continue thriving as cybersecurity needs only grow for companies and could be an area of opportunity for investors. The commenting period recently closed on proposed amendments by the [...] Read more at ETFtrends.com.
Active management has become a growing force, with nearly 60% of the ETFs launched last year being actively managed. Some relatively new ETFs combine the ever-increasing demand for environmental, social, and governance initiatives with security selection that have the potential for outperformance and greater transparency. In the upcoming webcast, The Active Advantage For Environmentally Conscious [...] Read more at ETFtrends.com.
Bearish sentiments and charts have been circulating the media. We thought we would share this table from Invesco that displays the returns of the S&P 500 following a recession. Historically, the S&P has returned an average of 15.3%, 40.1%, and 78.7% on a 1-year, 3-year, and 5-year respective basis. Astoria indicated in April of this [...] Read more at ETFtrends.com.
By Veronica Fulton, Research Analyst The key question on everyone’s mind is – “Is this the bottom?” It is no secret that based on some indicators – most notably the S&P 500 being more than 20% below its all-time high – we have experienced a significant market correction. History tells us corrections offer an opportune time [...] Read more at ETFtrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
Retirement needs are a concern across the gender spectrum for working-age individuals, but with different age expectancies and different pay scales, female clients can have a vastly different retirement income outlook than their male counterparts. The average life expectancy for women in the U.S. is 81, with many living on into their 90s, but for [...] Read more at ETFtrends.com.
The CEO of Exxon Mobile, Darren Woods, wants a higher carbon tax that would benefit his company and others like it that are working to create carbon capture technologies, reported CNBC. Woods sees direct air capture technologies as the ultimate solution to emissions because of their ability to pull carbon from the atmosphere, and Exxon [...] Read more at ETFtrends.com.
With rates going up to the highest levels they’ve been in a long time, Edward Rosenberg, senior vice president and head of exchange traded funds for American Century Investments, thinks “there’s probably a better way to gain exposure to the fixed income market instead” of through the Bloomberg U.S. Aggregate Bond Index. Speaking with VettaFi’s [...] Read more at ETFtrends.com.
Coinbase plans on launching a new crypto derivatives product aimed at retail traders. Coinbase Derivatives Exchange, formerly FairX, will launch its product on June 27th: Nano Bitcoin Futures (BIT). This is the first product of its kind and would provide retail traders with hedging options. Coinbase is awaiting regulatory approval on its own futures commission [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares U.S. Consumer Staples ETF (Symbol: IYK) crossed above their 200 day moving average of $195.37, changing hands as high as $196.59 per share. iShares U.S. Consumer Staples shares are currently trading up about 2% on the day. The chart
The SPDR S&P 400 Mid Cap Growth ETF is seeing unusually high volume in afternoon trading Friday, with over 722,000 shares traded versus three month average volume of about 102,000. Shares of MDYG were up about 3% on the day.
By Mark Krizman and Cel Kulasekaren Whether the continuing trend to ESG oriented investment is motivated by a desire to do good or the expectation of flow-driven superior performance, exposure to risky assets still carries the risk of significant drawdowns, even for assets that deliver superior relative performance. It may therefore be prudent to approach [...] Read more at ETFtrends.com.
Launching today, the Nuveen Global Net Zero Transition ETF (NASDAQ: NTZG) will express conviction in the ongoing transition of the global economy to “net zero” carbon emissions. NTZG is an actively managed global equity ETF seeking to outperform the MSCI All Country World Index (ACWI) with a focus on carbon emissions reductions. In seeking to [...] Read more at ETFtrends.com.
In trading on Friday, the Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 5.3% on the day. Components of that ETF showing particular strength include shares of MP Materials, up about 6.7% and shares of Tronox Holdings, up about 5.9% on the day.
The largest U.S. banks passed the Federal Reserve Board’s annual stress test with flying colors, showing that they have enough capital to continue lending during a severe recession. Under a hypothetical severe economic downturn, the 34 lenders with more than $100 billion in assets that were tested remained well above their minimum capital requirements, despite [...] Read more at ETFtrends.com.
Russia’s invasion of Ukraine was a reminder to the world about the threat of war. More and more, wars are a matter of who has the best technology at their disposal, and innovation is key in associated sectors such as aerospace/defense. On the space front, there’s also innovation taking the sector to a whole new [...] Read more at ETFtrends.com.