The EWEB ETF: E-Commerce Today Will Move Abroad Tomorrow February 24, 2021
Online retail is an increasingly relevant investment thesis, but investors shouldn’t confine their search to domestic fare. The
EWEB, which debuted last November, holds 49 stocks and tracks the Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index.
As many U.S. investors well know, a big part of the case for investing in online retail is favorable demographics, a promise emerging markets still hold.
“EMs represent great potential for internet & e-commerce companies as they sit at the intersection of a few key growth trends: rising smartphone penetration rates, improving internet infrastructure and large youthful populations,” said Brian Comiskey, Manager of Industry Intelligence at the Consumer Technology Association (CTA), in an interview with Global X analyst Chelsea Rodstrom. “In fact, nine in 10 members of Gen Z live in EMs per the latest research from Bank of America. I
February 23, 2021
The utilities sector was a 2020 laggard, but the group looks attractive today with exchange traded funds such as the
PUI tracks the DWA Utilities Technical Leaders Index. That index “is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe,” according to Invesco.
While 2020 was a rough year for the normally stable sector, the group appears poised for better things in 2021.
February 22, 2021
Small cap equities remain hot, but there’s still some risk in the space. Investors can allay this concern with multi-factor strategies like the
Through the Chaikin Power Gauge stock rating tool, investors dive deeper into funds holdings and the four main factors, exploring the sub-metrics that help define the Power Gauge’s rating system.
The value factor includes screens like LT debt to equity ratio, price to book value, return on equity, price to sales ratio, and free cash flow. Technical factors cover price trend, price trend rate of change, relative strength vs. market, and volume trend. Growth factors include earnings growth, earnings surprise, earnings trend, projected P/E ratio, and earnings consistency. Lastly, the sentiment factor screens for earnings estimate trend, short interest, insider activity, analyst ratings, and industry relative strength.
February 18, 2021
Market participants have recently expressed concern about the regulatory environment around major Chinese internet stocks, including Alibaba. Those concerns may be overblown. Investors will still want to consider the
PGJ seeks to track the investment results of the NASDAQ Golden Dragon China Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index.
The underlying index is composed of securities of U.S. exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. Unlike some China ETFs, PGJ does a decent job of spreading exposure throughout the economy; weightings to banks and energy aren’t overwhelming, and the often-overlooked tech sector receives significant attention too.