Greenhouse gas emissions in the European Union dropped 11% in 2020 compared to 2019 levels, the biggest drop since 1990 and a downward trend that has extended over three decades, reported the European Environment Agency in a press release. The EU has far surpassed its 2020 goal of a 20% reduction in emissions compared to [...] Read more at ETFtrends.com.
The iMGP DBi Managed Futures Strategy ETF (DBMF) is now a four-star fund and is the highest-rated managed futures ETF with Morningstar. Managed futures strategies have become an increasingly popular diversifier for portfolios in the current market environment of volatility and underperformance of equities and bonds. DBMF takes a unique approach in its strategy: it [...] Read more at ETFtrends.com.
Bargain hunters should take a look at Asia region-related exchange traded funds after Asian equities dipped to a more than two-year low. According to Refinitiv data, the MSCI Asia-Pacific Index’s forward 12-month price-to-earnings was at 12.6 as of the end of May, the lowest level since March 2020, Reuters reported. In comparison, the MSCI World [...] Read more at ETFtrends.com.
Economic Overview Inflation remained the topic du jour during May, with no let-up in high prices in sight. Both Federal Reserve officials and more recently Treasury Secretary Yellen have owned up to getting the inflation picture wrong. As something that punishes lower income workers more than the well-off, inflation is the single most important political [...] Read more at ETFtrends.com.
As consumers are transitioning tastes from early pandemic comfort wear to more formal attire, some retailers are taking steps to mitigate losses and dispose of excess inventory. On Tuesday big-box retailer Target reported that its profits will suffer in the immediate future, as it lowers prices on shunned items, cancels orders, and makes an effort [...] Read more at ETFtrends.com.
On this week’s “ETF Prime,” host Nate Geraci was joined by Todd Rosenbluth, head of research at VettaFi, to discuss the Inside ETFs conference that happened last week as well as bond ETFs and bond mutual fund flows in current markets. Later, Geraci included a cross section of several of the conference attendees who all discussed [...] Read more at ETFtrends.com.
Energy-related exchange traded funds strengthened Tuesday as crude oil prices begin to dance around $120, again. Among the better performing non-leveraged ETFs of Tuesday, the iShares U.S. Oil & Gas Exploration & Production ETF (Cboe: IEO) increased 3.4%, Invesco Dynamic Energy Exploration & Production Portfolio (NYSEArca: PXE) advanced 3.9%, and the SPDR S&P Oil and Gas [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the FNDX ETF (Symbol: FNDX) crossed above their 200 day moving average of $56.85, changing hands as high as $56.89 per share. FNDX shares are currently trading up about 1% on the day. The chart below shows the one year performance of FNDX shar
The Vanguard S&P Small-Cap 600 ETF is seeing unusually high volume in afternoon trading Tuesday, with over 1.0 million shares traded versus three month average volume of about 53,000. Shares of VIOO were up about 0.5% on the day.
By Rob Williams, Director of Research This year has been a rough ride for fixed income investors. The good news is that we expect fixed income investors to be rewarded with positive returns in the near term and meaningful upside potential over the intermediate term. The following are a few compelling reasons to be bullish [...] Read more at ETFtrends.com.
It’s a dismal time for many that are watching their retirement portfolios, and while those that have decades left until retirement can afford to ride out the current volatility and downturn, for those at or near retirement, it’s a much more urgent matter. Bonds have been a sturdy investment choice for retirement income over the [...] Read more at ETFtrends.com.
Solar energy stocks rallied after Reuters reported that President Joseph R. Biden declared a 24-month tariff exemption for solar panel products from four countries and announced the use of the Defense Production Act to promote domestic production. The Biden administration will suspend tariffs on solar panel components from Cambodia, Malaysia, Thailand, and Vietnam. Tariffs on China and [...] Read more at ETFtrends.com.
Investors’ risk-off sentiment continued through May, with concerns focused on inflation, monetary tightening, and geopolitical tensions. Equity ETFs saw a combined $32.4 billion and fixed income ETFs saw $33.7 billion in May inflows. Three funds in particular in FlexShares’ ETF range saw impressive inflows as investors looked for defensive strategies and funds that offer generous [...] Read more at ETFtrends.com.
Over the last 20 years, including the onset of the pandemic in 2020, companies with strong dividend payout ratios have outperformed companies that pay smaller percentages of earnings in dividends and companies that engage in buybacks, reported Barron’s. Investors utilize the dividend payout ratio (the percentage of earnings that are paid in dividends, calculated per [...] Read more at ETFtrends.com.
In times of heavy market volatility, large caps are proving their mettle when it comes to leveraging exchange-traded fund (ETF) products from Direxion Investments. These larger cap companies typically have the financial wherewithal to blunt the heavy movement of a market downward given their relative stability in volatile times. Inflation fears and talks of a [...] Read more at ETFtrends.com.
Equal weighted funds provide enhanced diversification and often outperform market cap-weighted counterparts. The S&P 500 EWI, which weights each individual security equally, outperformed the S&P 500 by 0.8% in May, a continuation of the 2% outperformance demonstrated in April. Funds that weight each security equally are picking up steam. However, investors are missing out on [...] Read more at ETFtrends.com.
Active managers are on a winning streak so far this year, with almost 70% of the 2,850 actively managed U.S. stock mutual funds beating the S&P 500 Index. By comparison, just 15% of U.S. large-cap stock pickers beat the market last year, according to S&P’s latest SPIVA report. On average, roughly 35% of managers have [...] Read more at ETFtrends.com.
Uruguay’s first unicorn DLocal Ltd. (Nasdaq: DLO) is accelerating its expansion plans now that it’s more than tripled its cash reserves. The payment services firm’s CEO Sebastian Kanovich told Bloomberg that they’re looking to expand into Africa and Asia through possible acquisitions. “We continue to explore the M&A market on a weekly basis,” Kanovich said. “We [...] Read more at ETFtrends.com.
On Tuesday, May 31, 2022, Astoria Portfolio Advisors and AXS Investments rang the opening bell at the New York Stock Exchange for the AXS Astoria Inflation Sensitive ETF ($PPI). We brought along a few of our clients; we wish we could have invited them all. We are humbled and grateful. We know that we could [...] Read more at ETFtrends.com.
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 (CWEB) Direxion Daily CSI China Internet Index Bull 2x Shares 10.51% (UCO A) ProShares Ultra Bloomberg Crude Oil 8.86% (YINN B) [...] Read more at ETFtrends.com.