ETFS

Global economic trends continue to be the dominant influencer in currency markets, and the Invesco CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) has gained 24.3% since hitting its lows in March 2020. In part, this move has been fueled by recent monetary policy decisions from the Reserve Bank of Australia that managed to maintain interest rate levels
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The VanEck Vectors® Real Asset Allocation ETF (RAAX®) uses a data-driven, rules-based process that leverages over 50 indicators (technical, macroeconomic and fundamental, commodity price, and sentiment) to allocate across 12 individual real asset segments in five broad real asset sectors. These objective indicators identify the segments with positive expected returns. Then, using correlation and volatility,
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As you can see in the following chart, it’s been a trying month for shareholders of the ProShares Ultra VIX Short-Term Futures ETF (UVXY) with prices nearing some of the lowest levels seen since March. It is my belief that this downtrend in price is going to continue. Specifically, I believe that overall bullishness in
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The non-agency MBS sector has gone through a roller-coaster ride in the last few months due to heavy sell-downs by leveraged players and a subsequent snapback in demand by value hunters. We remain overweight the sector on the service due to continued sector demand, fiscal support of households and a decent housing price backdrop. In
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As can be seen in the following chart, the United States Natural Gas Fund (UNG) has been in for a turbulent year with shares continuing to shred value. While these losses have been substantial, I believe that we are at an inflection point in the fundamental data. Specifically, I believe that both fundamental and technical
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The money market funds asset group set a record for net inflows (+$259.8 billion) for the third consecutive week as the economic impact of the coronavirus continued to wreak havoc on investing. Conversely, taxable bond funds (-$62 billion) and municipal bond funds (-$13.7 billion) each had record-setting net outflows for the second consecutive week, while
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In this article, we examine the significant weekly order flow and market structure developments driving XLK price action. The highest probability path for this week was for price discovery higher, barring buy-side failure at key support, 82s-83s. This primary expectation did not play out as a gap lower open developed in Monday’s trade, driving price
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Thesis Summary The Vanguard S&P 500 Growth ETF (NYSEARCA:VOOG) offers a variety of quality, blue-chip stocks that are sure to bounce once the market has bottomed. With large exposure to the technology and communication sectors, the fund will likely offer great returns in the coming years. Consider scaling into this fund as stocks find a
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ETF Overview Invesco Dynamic Semiconductors ETF (PSI) owns a portfolio of large-cap semiconductor stocks. The fund seeks to track the investment results of the Dynamic Semiconductor Intellidex Index. Stocks in PSI’s portfolio should continue to enjoy favorable industry fundamental as the semiconductor industry is set to grow at a rate of 7.67% annually through 2024.
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The coronavirus fallout turned catastrophic in a fast and furious fashion, as President Trump announced U.S. travel ban from Europe soon after the Covid-19 outbreak was declared a pandemic by the WHO. Global ex-U.S. Real Estate Fund (VNQI) could not escape the wrath of the bloodbath with a devastating -20% year-to-date performance, though has outperformed
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Lipper’s fund asset groups (including both mutual funds and exchange-traded funds) took in $70.4 billion of net new money for the fund-flows trading week ended Wednesday, March 11. Money market funds (+$87.6 billion) were responsible for all of the week’s net inflows as investors parked a significant amount of money on the sidelines, driven by
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I’ve been looking for closed-end fund bargains amidst the recent carnage. Buying cheap assets is great, but finding a double discount is even better. One fund that recently came to my attention is the NexPoint Strategic Opportunities Fund (NYSE:NHF). NHF has traded at a chronic discount, and it recently became more severe. The current NAV
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Thesis Summary The Vanguard Total International Stock ETF (VXUS) can be used to gain exposure to equity markets outside of the U.S. Diversifying your portfolio is especially useful during a correction. Having said this, upon further analysis of the fund, we believe there are better alternatives out there to help investors balance out their portfolios.
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ETF Overview iShares Global Healthcare ETF (NYSEARCA:IXJ) owns a portfolio of large-cap healthcare stocks in the world. The ETF tracks the investment results of the S&P Global 1200 Health Care Index. Stocks in IXJ’s portfolio should benefit from an ageing population in the world in the next few decades. In addition, these stocks will also
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ETF Overview The Vanguard Industrials ETF (NYSEARCA:VIS) owns a portfolio of U.S. industrial stocks. The ETF basically tracks the performance of the MSCI US Investable Market Industrials 25/50 Index. The fund has delivered an excellent 257% total return in the past 10 years. Stocks in VIS’s portfolio are those with competitive advantages. While we are
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