NorthCoast Asset Management made slight adjustments to its retirement ETF portfolios in June. While the Greece debt crisis grabbed much of the headlines, NorthCoast focused on more favorable trends in the region. The firm upped its allocation to European equities and high-yield bonds while standing pat on most of its other major holdings. Here are some highlights from the month: Room To Run NorthCoast has kept a watchful eye on
Tuesday 30 June 2015
NorthCoast Asset Management Sees Value In Europe
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
NorthCoast Asset Management made slight adjustments to its retirement ETF portfolios in June. While the Greece debt crisis grabbed much of the headlines, NorthCoast focused on more favorable trends in the region. The firm upped its allocation to European equities and high-yield bonds while standing pat on most of its other major holdings. Here are some highlights from the month: Room To Run NorthCoast has kept a watchful eye on
NorthCoast Asset Management made slight adjustments to its retirement ETF portfolios in June. While the Greece debt crisis grabbed much of the headlines, NorthCoast focused on more favorable trends in the region. The firm upped its allocation to European equities and high-yield bonds while standing pat on most of its other major holdings. Here are some highlights from the month: Room To Run NorthCoast has kept a watchful eye on
Bruised Solar Stock Hanergy Exits Guggenheim ETFs
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Troubled Chinese solar stock Hanergy has been dumped from the flagship solar exchange traded fund. The banged-up stock contributed to a steep fall in Guggenheim Solar (TAN), a $332.1 million ETF, in late May. Two other Guggenheim ETFs have also sold off all positions in Hanergy Thin Film Power Group, according to a representative for the company. "Once the underlying index providers made the decision to drop Hanergy, Guggenheim tried to assist in
Troubled Chinese solar stock Hanergy has been dumped from the flagship solar exchange traded fund. The banged-up stock contributed to a steep fall in Guggenheim Solar (TAN), a $332.1 million ETF, in late May. Two other Guggenheim ETFs have also sold off all positions in Hanergy Thin Film Power Group, according to a representative for the company. "Once the underlying index providers made the decision to drop Hanergy, Guggenheim tried to assist in
Tuesday ETF Winners: China Leads As Markets Rebounds
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Small-cap China ETFs led Chinese stocks to the biggest gains Tuesday as the stock market rebounded from the steep sell-off the day before. The main index ETFs tracking U.S. and international equities recouped some of Monday's losses -- the biggest of the year -- as Greece and its creditors appear likely to avoid a default. Market Vectors China AMC SME-ChiNext (CNXT) gapped up nearly 10% on the stock market today, making it an intraday winner.
Small-cap China ETFs led Chinese stocks to the biggest gains Tuesday as the stock market rebounded from the steep sell-off the day before. The main index ETFs tracking U.S. and international equities recouped some of Monday's losses -- the biggest of the year -- as Greece and its creditors appear likely to avoid a default. Market Vectors China AMC SME-ChiNext (CNXT) gapped up nearly 10% on the stock market today, making it an intraday winner.
Monday 29 June 2015
SPY ETF Gives Up 2015 Gains But Is A Long-Term Winner
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
With its tumble Monday, the bellwether ETF holding U.S. equities has given up virtually all its stock market gains year to date. SPDR S&P 500 (SPY) is lagging developed and emerging markets in 2015. But it has handily beaten them over 3-, 5- and 10-year periods. SPY invests broadly across the U.S. stock market. This diversified strategy has proved a winner for successful investing in the long term. But SPY sold off in high volume today, as
With its tumble Monday, the bellwether ETF holding U.S. equities has given up virtually all its stock market gains year to date. SPDR S&P 500 (SPY) is lagging developed and emerging markets in 2015. But it has handily beaten them over 3-, 5- and 10-year periods. SPY invests broadly across the U.S. stock market. This diversified strategy has proved a winner for successful investing in the long term. But SPY sold off in high volume today, as
IPO ETFs Keep Eye on Seres And Glaukos
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Initial public offerings revved up in June after a slow start to the year. The ETFs holding these shiny new stocks are beating the broad market year to date. The average first-day IPO pop is 15% this year, up from 13% in 2014 -- a blockbuster year for IPOs, according to Renaissance Capital, manager of Renaissance IPO (IPO). This exchange traded fund is up 4.7% year to date. By comparison, SDPR S&P 500 (SPY) has gained 0.2%. IPO standouts in the
Initial public offerings revved up in June after a slow start to the year. The ETFs holding these shiny new stocks are beating the broad market year to date. The average first-day IPO pop is 15% this year, up from 13% in 2014 -- a blockbuster year for IPOs, according to Renaissance Capital, manager of Renaissance IPO (IPO). This exchange traded fund is up 4.7% year to date. By comparison, SDPR S&P 500 (SPY) has gained 0.2%. IPO standouts in the
Monday ETF Winners: Gold, Bonds Gain Amid Broad Rout
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The largest U.S. exchange traded fund slipped more than 1% Monday as acrimony in Europe weighed on financial markets. SPDR S&P 500 (SPY) had given up 1.32% by half-past noon Eastern time as investors grappled with the specter of a Greek exit from the eurozone. The ETF holds $146.47 billion in assets. Top holdings Apple (AAPL), Microsoft (MSFT)and Exxon Mobil (XOM) fell roughly a percentage point each. Talks to negotiate a deal on the billions of
The largest U.S. exchange traded fund slipped more than 1% Monday as acrimony in Europe weighed on financial markets. SPDR S&P 500 (SPY) had given up 1.32% by half-past noon Eastern time as investors grappled with the specter of a Greek exit from the eurozone. The ETF holds $146.47 billion in assets. Top holdings Apple (AAPL), Microsoft (MSFT)and Exxon Mobil (XOM) fell roughly a percentage point each. Talks to negotiate a deal on the billions of
Friday 26 June 2015
Best ETFs Friday: Traders Bearish On China Get Rich
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Bearish on China? ETF traders taking that stance knocked out big profits Friday as Chinese stocks plunged. The Shanghai composite index gave up nearly 7% Friday to be 19% off its June 12 peak and dangerously close to bear market territory. Direxion Daily CSI 300 China Bear 1X (CHAD) soared 8%, making it a top performer in intraday trade. Steel your nerves. It may be time to stake a position in these stocks that have fallen out of a favor after a
Bearish on China? ETF traders taking that stance knocked out big profits Friday as Chinese stocks plunged. The Shanghai composite index gave up nearly 7% Friday to be 19% off its June 12 peak and dangerously close to bear market territory. Direxion Daily CSI 300 China Bear 1X (CHAD) soared 8%, making it a top performer in intraday trade. Steel your nerves. It may be time to stake a position in these stocks that have fallen out of a favor after a
Thursday 25 June 2015
Thursday ETF Winners: Health ETFs Pop On ObamaCare Ruling
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Health care ETFs revived Thursday on a legal victory for ObamaCare. The largest exchange traded funds tracking the sector inched up a fraction. But iShares U.S. Health Provider (IHF) surged 3.2%, getting an additional boost from likely consolidation in the insurance industry. Top holding UnitedHealth Group (UNH) rose 2.65% on the stock market today. Other top holdings scored bigger gains:Aetna (AET) was up 3.99%. Humana (HUM) climbed 7.13%.
Health care ETFs revived Thursday on a legal victory for ObamaCare. The largest exchange traded funds tracking the sector inched up a fraction. But iShares U.S. Health Provider (IHF) surged 3.2%, getting an additional boost from likely consolidation in the insurance industry. Top holding UnitedHealth Group (UNH) rose 2.65% on the stock market today. Other top holdings scored bigger gains:Aetna (AET) was up 3.99%. Humana (HUM) climbed 7.13%.
Can China ETFs Continue Their Ascent?
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
China ETFs' recent gyrations are enough to give one whiplash. Many have behaved like the Shanghai Composite Index recently. After soaring 152% over the previous 12 months -- 60% this year alone -- to a seven-year high on June 12, the benchmark for mainland China's stock market hit a significant speed bump. Last week the index stumbled 13% into a much-anticipated correction. A 5% rally the first three days of this week gave way to selling Thursday,
China ETFs' recent gyrations are enough to give one whiplash. Many have behaved like the Shanghai Composite Index recently. After soaring 152% over the previous 12 months -- 60% this year alone -- to a seven-year high on June 12, the benchmark for mainland China's stock market hit a significant speed bump. Last week the index stumbled 13% into a much-anticipated correction. A 5% rally the first three days of this week gave way to selling Thursday,
International ETF Leaders: China Tops In Long-Term
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
China ETFs are well represented among the top-performing ETFs in the past three years. So are several Japan and Europe ETFs. Of the three-year winners, Market Vectors ChinaAMC A-Share (PEK) is tops this year, with a 39% gain. As China opens up its economy to foreign investors, mainland stocks have surged. Highly coveted A shares offer exposure to the domestic Chinese consumer. That has fed the frenzy for these once-restricted stocks. But gauging
China ETFs are well represented among the top-performing ETFs in the past three years. So are several Japan and Europe ETFs. Of the three-year winners, Market Vectors ChinaAMC A-Share (PEK) is tops this year, with a 39% gain. As China opens up its economy to foreign investors, mainland stocks have surged. Highly coveted A shares offer exposure to the domestic Chinese consumer. That has fed the frenzy for these once-restricted stocks. But gauging
Wednesday 24 June 2015
Wednesday ETF Winners: Smart Beta ETF Beats Its Peers
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
A young smart beta ETF holding international stocks punched up 5% Wednesday, bucking the trend of tepid gains across the stock market. Just over a year old, SPDR MSCI EAFE Quality Mix (QEFA) invests in large- and midcaps across 22 developed markets in Europe, Australasia and the Far East. The well-diversified, equally weighted ETF holds 503 stocks. No individual stock has more than a 3% portfolio weighting. That cuts concentration risk. QEFA
A young smart beta ETF holding international stocks punched up 5% Wednesday, bucking the trend of tepid gains across the stock market. Just over a year old, SPDR MSCI EAFE Quality Mix (QEFA) invests in large- and midcaps across 22 developed markets in Europe, Australasia and the Far East. The well-diversified, equally weighted ETF holds 503 stocks. No individual stock has more than a 3% portfolio weighting. That cuts concentration risk. QEFA
Tuesday 23 June 2015
Cybersecurity ETF: Lessons From A Success (And Failures)
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Two misses and a middling success. That's what it took for Andrew Chanin to launch a blockbuster new ETF. PureFunds ISE Cyber Security (HACK) recently crossed $1 billion in assets, roughly seven months after its debut. The niche exchange traded fund partly lucked out -- a high-profile security breach at Sony (SNE) occurred not long after its Nov. 12 launch. Since then, a slew of online data thefts have kept hackers in the news and made
Two misses and a middling success. That's what it took for Andrew Chanin to launch a blockbuster new ETF. PureFunds ISE Cyber Security (HACK) recently crossed $1 billion in assets, roughly seven months after its debut. The niche exchange traded fund partly lucked out -- a high-profile security breach at Sony (SNE) occurred not long after its Nov. 12 launch. Since then, a slew of online data thefts have kept hackers in the news and made
Tuesday's ETF Winners: Modest Gains On Mixed Data
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Stock ETFs eked out modest gains, if any, Tuesday. Investors digested mixed economic data and uncertainty about a deal between fiscally irresponsible Greece and its eurozone creditors. However, the prospect of a Greek deal lifted emerging market exchange traded funds on the stock market today. The euro weakened, as global monetary policy divergence weighed on the 19-nation common currency. Major exchange traded funds holding U.S. equities were
Stock ETFs eked out modest gains, if any, Tuesday. Investors digested mixed economic data and uncertainty about a deal between fiscally irresponsible Greece and its eurozone creditors. However, the prospect of a Greek deal lifted emerging market exchange traded funds on the stock market today. The euro weakened, as global monetary policy divergence weighed on the 19-nation common currency. Major exchange traded funds holding U.S. equities were
Monday 22 June 2015
Currency-Hedged ETF Magic: A Less-Known Benefit
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The jury's out on currency-hedged international ETFs. They won admirers by hauling in outsize profits this past year as stimulus measures drove down the euro and yen vs. the dollar, which hurt nonhedged portfolios. Now it's the skeptics' turn. The greenback's movements are cyclical, they say, and its rally may already be starting to lose steam. Morningstar analyst Patricia Oey recently analyzed the U.S. dollar's performance over the past 40 years
The jury's out on currency-hedged international ETFs. They won admirers by hauling in outsize profits this past year as stimulus measures drove down the euro and yen vs. the dollar, which hurt nonhedged portfolios. Now it's the skeptics' turn. The greenback's movements are cyclical, they say, and its rally may already be starting to lose steam. Morningstar analyst Patricia Oey recently analyzed the U.S. dollar's performance over the past 40 years
Best ETFs Monday: Broad Gains Amid Greek Crisis News
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Stock ETFS gained Monday, calmed by signs of a breakthrough in Greece's debt talks with its creditors. European officials are optimistic that a deal to avoid a Greek default could be unlocked later this week. Oil prices rose on stock market news of new proposals from the island nation that may avert its exit from the eurozone. Uncertainty in the region has been weighing on the commodity. Exchange traded funds that hold U.S. and international
Stock ETFS gained Monday, calmed by signs of a breakthrough in Greece's debt talks with its creditors. European officials are optimistic that a deal to avoid a Greek default could be unlocked later this week. Oil prices rose on stock market news of new proposals from the island nation that may avert its exit from the eurozone. Uncertainty in the region has been weighing on the commodity. Exchange traded funds that hold U.S. and international
Friday 19 June 2015
New Currency Hedged ETFs Tap Eurozone, Dividend Payers
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The currency hedging fever rages on. WisdomTree and SPDR ETFs expanded their international lineup in June. Their three new exchange traded funds offer exposure to European equities, international small caps and global dividend payers. State Street's new SPDR Euro Stoxx 50 Currency Hedged (HFEZ) is its first hedged product. It invests in 50 large-cap stocks from 12 eurozone countries, while reducing the risks of dollar-euro swings. A strengthening
The currency hedging fever rages on. WisdomTree and SPDR ETFs expanded their international lineup in June. Their three new exchange traded funds offer exposure to European equities, international small caps and global dividend payers. State Street's new SPDR Euro Stoxx 50 Currency Hedged (HFEZ) is its first hedged product. It invests in 50 large-cap stocks from 12 eurozone countries, while reducing the risks of dollar-euro swings. A strengthening
Thursday 18 June 2015
A Dividend ETF Offering Far More Than Equity Income
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Dividend ETFs holding U.S. equities have struggled to beat the broad market of late. But their performance has been roughly in line with the S&P 500 index over longer periods of time. The $1.2 billion First Trust Value Line Dividend (FVD) has risen 8.2% in the past year. It's a top performer among exchange traded funds holding U.S. dividend payers. But SPDR S&P 500 (SPY), a proxy for the broad market, has advanced 10.5% over the same period. Over
Dividend ETFs holding U.S. equities have struggled to beat the broad market of late. But their performance has been roughly in line with the S&P 500 index over longer periods of time. The $1.2 billion First Trust Value Line Dividend (FVD) has risen 8.2% in the past year. It's a top performer among exchange traded funds holding U.S. dividend payers. But SPDR S&P 500 (SPY), a proxy for the broad market, has advanced 10.5% over the same period. Over
Dividend ETFs Could Lag If Interest Rates Rise
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Dividend ETFs come in all stripes. A select few focus on blue chip stocks that are screened for financial health. Bonus: They're among the cheapest exchange traded funds in the equity income category. Ben Johnson, global director of ETF research at Morningstar Inc., especially likes the $2.76 billion Schwab U.S. Dividend Equity (SCHD). He views it as "a very low-cost way to get exposure to a very high-quality portfolio" of dividend payers. SCHD
Dividend ETFs come in all stripes. A select few focus on blue chip stocks that are screened for financial health. Bonus: They're among the cheapest exchange traded funds in the equity income category. Ben Johnson, global director of ETF research at Morningstar Inc., especially likes the $2.76 billion Schwab U.S. Dividend Equity (SCHD). He views it as "a very low-cost way to get exposure to a very high-quality portfolio" of dividend payers. SCHD
Wednesday 17 June 2015
Dollar Bullish ETF Slips On Fed Move
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The ETF tracking the performance of the U.S. dollar weakened Wednesday after the Federal Reserve lowered growth forecasts. The Fed's latest statement set back widespread expectations of an interest rate hike as early as September. It would be the first increase in more than a decade. PowerShares DB U.S. Dollar Bullish (UUP) fell nearly 1% to as low as 24.67, before closing at 24.70. It was trading as high as 24.97 before the announcement from
The ETF tracking the performance of the U.S. dollar weakened Wednesday after the Federal Reserve lowered growth forecasts. The Fed's latest statement set back widespread expectations of an interest rate hike as early as September. It would be the first increase in more than a decade. PowerShares DB U.S. Dollar Bullish (UUP) fell nearly 1% to as low as 24.67, before closing at 24.70. It was trading as high as 24.97 before the announcement from
Tuesday 16 June 2015
Market Vectors Serves Up Niche And Top ETF Strategies
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Thinking niche has paid off for Market Vectors ETFs. A gaming ETF? They've got it. A global spin-off ETF? They have that, too. Jan van Eck, CEO of Van Eck Global, launched Market Vectors ETFs with 3 products in 2006. He tells IBD how his firm got to 60 ETFs holding a combined $22.86 billion in assets today (10th among ETF providers), as well as the outlook for various exchange traded fund strategies. IBD: What are your biggest achievements? Jan
Thinking niche has paid off for Market Vectors ETFs. A gaming ETF? They've got it. A global spin-off ETF? They have that, too. Jan van Eck, CEO of Van Eck Global, launched Market Vectors ETFs with 3 products in 2006. He tells IBD how his firm got to 60 ETFs holding a combined $22.86 billion in assets today (10th among ETF providers), as well as the outlook for various exchange traded fund strategies. IBD: What are your biggest achievements? Jan
Small-Cap ETFs Shine As Investors Grow More Confident
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Small-cap ETFs flexed their muscles in the past month, shoving aside peers stuffed with large- and midcap stocks to score the biggest gains. Exchange traded funds holding bank stocks joined their health and biotech counterparts to power investors' portfolios. But the most turbocharged performance continues to come from China. Two ETFs holding small-cap equities from the Asian nation have surged more than 110% year-to-date. "Investors have rotated
Small-cap ETFs flexed their muscles in the past month, shoving aside peers stuffed with large- and midcap stocks to score the biggest gains. Exchange traded funds holding bank stocks joined their health and biotech counterparts to power investors' portfolios. But the most turbocharged performance continues to come from China. Two ETFs holding small-cap equities from the Asian nation have surged more than 110% year-to-date. "Investors have rotated
Monday 15 June 2015
A Shares 'Will Completely Change' Emerging Market ETFs
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The fever in China A shares is heating up. Two major indexes tracked by emerging market ETFs are poised to gain these prized stocks. If you're an investor in these exchange traded funds, it's a development you may not want to ignore. "It will completely change the profile of the emerging markets index," said Sebastien Lieblich, global head of index management research at MSCI. A shares would represent about 20% of MSCI's EM index after their
The fever in China A shares is heating up. Two major indexes tracked by emerging market ETFs are poised to gain these prized stocks. If you're an investor in these exchange traded funds, it's a development you may not want to ignore. "It will completely change the profile of the emerging markets index," said Sebastien Lieblich, global head of index management research at MSCI. A shares would represent about 20% of MSCI's EM index after their
Friday 12 June 2015
As Missing Consumers Return, Retail ETFs Perk Up
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Retail ETFs are getting in the groove even as consumers spent briskly in May. Shoppers loosened their purse strings against a backdrop of feel-good economic data. More Americans are finding work. Wages grew at the fastest pace in two years in May. Households are feeling flush as stock, bond and housing prices tick higher. And not least, prices at the pump are lower than they were a year ago. That's feeding the view that cheaper gas may be here to
Retail ETFs are getting in the groove even as consumers spent briskly in May. Shoppers loosened their purse strings against a backdrop of feel-good economic data. More Americans are finding work. Wages grew at the fastest pace in two years in May. Households are feeling flush as stock, bond and housing prices tick higher. And not least, prices at the pump are lower than they were a year ago. That's feeding the view that cheaper gas may be here to
Thursday 11 June 2015
Small-Cap ETFs Rise: How Two Heavy Hitters Differ
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
The momentum behind small-cap stock ETFs isn't flagging. They outperformed in the past month amid a market stumble. These exchange traded funds generally invest in companies with market capitalizations of less than $2 billion. Small-cap stocks can be key to successful investing. Besides diversifying portfolios, they have tended to outperform their large- and midcap peers in the past 15 years. A strong dollar has also lifted these stocks recently.
The momentum behind small-cap stock ETFs isn't flagging. They outperformed in the past month amid a market stumble. These exchange traded funds generally invest in companies with market capitalizations of less than $2 billion. Small-cap stocks can be key to successful investing. Besides diversifying portfolios, they have tended to outperform their large- and midcap peers in the past 15 years. A strong dollar has also lifted these stocks recently.
Wednesday 10 June 2015
Can Health Care ETFs Keep Beating The Stock Market?
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Do razzle-dazzle health care ETFs disguise weakness? For many investors in exchange traded funds, that's a real concern. The sector is handily beating its peers -- as it has for several years. IBD Leaderboard stocks Illumina (ILMN) and Mallinckrodt (MNK) show that biotech and pharma stocks still have oomph. Institutional buyers are piling into names both well-known (Actavis (ACT) and under-the-radar (Diplomat Pharmacy (DPLO), a recent IPO). But
Do razzle-dazzle health care ETFs disguise weakness? For many investors in exchange traded funds, that's a real concern. The sector is handily beating its peers -- as it has for several years. IBD Leaderboard stocks Illumina (ILMN) and Mallinckrodt (MNK) show that biotech and pharma stocks still have oomph. Institutional buyers are piling into names both well-known (Actavis (ACT) and under-the-radar (Diplomat Pharmacy (DPLO), a recent IPO). But
Tuesday 9 June 2015
Why MSCI Delays Adding China A Shares To Global Indexes
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
ETF index provider MSCI expects to add China A shares to its popular emerging market and global indexes -- but not right away. That much-anticipated change could further fuel exchange traded funds investing in hot mainland China stocks. It's on track to happen as soon as "a few important remaining issues related to market accessibility have been resolved," the New York-based index giant said in a press release following a news conference late
ETF index provider MSCI expects to add China A shares to its popular emerging market and global indexes -- but not right away. That much-anticipated change could further fuel exchange traded funds investing in hot mainland China stocks. It's on track to happen as soon as "a few important remaining issues related to market accessibility have been resolved," the New York-based index giant said in a press release following a news conference late
Monday 8 June 2015
Why Momentum ETFs Deserve A Place In Your Portfolio
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Some ETFs ride the price momentum wave. They're packed with stocks such as Mylan (MYL) and Skyworks Solutions (SWKS) that have had big upward moves. Smart beta experts hold that the momentum factor can lead to outperformance. It can also make investors uneasy. So-called glamour stocks make big price moves, too, but tend to have little substance. So is this strategy sound? Often, earnings momentum drives price momentum, notes Neena Mishra, director
Some ETFs ride the price momentum wave. They're packed with stocks such as Mylan (MYL) and Skyworks Solutions (SWKS) that have had big upward moves. Smart beta experts hold that the momentum factor can lead to outperformance. It can also make investors uneasy. So-called glamour stocks make big price moves, too, but tend to have little substance. So is this strategy sound? Often, earnings momentum drives price momentum, notes Neena Mishra, director
Friday 5 June 2015
3 ETFs Try To Build The Better S&P 500 Index
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
ETFs that track the iconic S&P 500 index can produce very different results. They may approach that benchmark's investment universe from distinct angles. Most give investors plain-vanilla broad exposure to the U.S. stock market. Others offer less volatility than a traditional stock portfolio. Or they overweight stocks that outperform in certain market conditions. These three S&P 500 exchange traded funds exemplify those differences: For most ETF
ETFs that track the iconic S&P 500 index can produce very different results. They may approach that benchmark's investment universe from distinct angles. Most give investors plain-vanilla broad exposure to the U.S. stock market. Others offer less volatility than a traditional stock portfolio. Or they overweight stocks that outperform in certain market conditions. These three S&P 500 exchange traded funds exemplify those differences: For most ETF
Thursday 4 June 2015
This iShares ETF Could Be Next To Offer China A Shares
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Red-hot Chinese A shares could be coming to even more foreign-focused exchange traded funds. As China opens up its economy, more index providers are mulling whether to add once-out-of-reach A shares. MSCI's decision on including A shares in its emerging markets benchmark is expected June 9. The MSCI Emerging Markets Index is tracked by iShares MSCI Emerging Markets (EEM), the second-largest broad-based ETF holding equities of developing countries.
Red-hot Chinese A shares could be coming to even more foreign-focused exchange traded funds. As China opens up its economy, more index providers are mulling whether to add once-out-of-reach A shares. MSCI's decision on including A shares in its emerging markets benchmark is expected June 9. The MSCI Emerging Markets Index is tracked by iShares MSCI Emerging Markets (EEM), the second-largest broad-based ETF holding equities of developing countries.
Wednesday 3 June 2015
Vanguard ETFs: What Do Big Changes For 4 Funds Mean?
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Vanguard, the second-largest ETF provider by assets, plans big changes to four international funds. Here's what you need to know: Which funds are affected?Changes will be made to four exchange traded funds: the $48.73 billion FTSE Emerging Markets (VWO), the $28.34 billion FTSE Developed Markets (VEA), the $14.62 billion FTSE Europe (VGK) and the $3.32 billion FTSE Pacific (VPL). The former two rank as Vanguard's largest and most popular ETFs for
Vanguard, the second-largest ETF provider by assets, plans big changes to four international funds. Here's what you need to know: Which funds are affected?Changes will be made to four exchange traded funds: the $48.73 billion FTSE Emerging Markets (VWO), the $28.34 billion FTSE Developed Markets (VEA), the $14.62 billion FTSE Europe (VGK) and the $3.32 billion FTSE Pacific (VPL). The former two rank as Vanguard's largest and most popular ETFs for
Monday 1 June 2015
Now Altera Deal Fires Up Chip ETFs; Will Sizzle Fizzle?
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
ETFs holding hot chip stocks are sizzling on a slew of takeover deals. But are these exchange traded funds right for your portfolio? On Monday, No. 1 firm Intel (INTC) said it plans to buy programmable chipmaker Altera (ALTR) for $16.7 billion. It's another sign of merger momentum: Avago's (AVGO) record $37 billion deal to buy Broadcom (BRCM) Thursday propelled semiconductor ETFs to new highs last week. Intel slipped 1.6% on stock market news of
ETFs holding hot chip stocks are sizzling on a slew of takeover deals. But are these exchange traded funds right for your portfolio? On Monday, No. 1 firm Intel (INTC) said it plans to buy programmable chipmaker Altera (ALTR) for $16.7 billion. It's another sign of merger momentum: Avago's (AVGO) record $37 billion deal to buy Broadcom (BRCM) Thursday propelled semiconductor ETFs to new highs last week. Intel slipped 1.6% on stock market news of
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