ETF of the Week: Vanguard S&P Small-Cap 600 Value ETF (VIOV)
ETF Trends CEO Tom Lydon discussed the
VIOV seeks to replicate a benchmark that offers exposure to small cap firms that exhibit value characteristics in the U.S. equity market. The investment thesis behind small caps is that these firms are likely to provide strong growth prospects to a portfolio and should have a much easier time growing then their large cap counterparts. However, these securities are extremely volatile and can experience large losses or gains in a concise period of time. Despite their volatility, these products should probably be in every investors’ portfolio. They tend to move somewhat independently of large caps and can be a better pure play’ on the American economy.
Stock ETFs Fall, Inverse ETFs Climb as Rates Rise March 5, 2021
Stocks and index ETFs continued their tumble on Friday due to rising bond yields, as inverse ETFs continue to climb.
With key stocks like Apple, Amazon, and Netflix dropping more than 1% apiece, the S&P 500 lost another 0.7% after attempting to stage a rally at the start of the session. The Nasdaq Composite dropped another 2.1% in the volatile session, bringing its total losses for the year to 3%. The Dow Jones Industrial Average also slipped another 0.4% after adding over 300 points earlier in the session.
Major stock ETFs are falling on Friday as well. The
The Globe and Mail Adam Mayers Published March 5, 2021
Handout
At the age of 58, when most people start looking ahead to retirement, Catherine Wood launched an investment management company in New York to capture the potential of a coming wave of technological change.
Almost seven years later, Ark Investment Management LLC has grown from a US$15-million venture into one in which the flagship exchange-traded fund (ETF) manages about US$18-billion in assets. Ark Innovation ETF ARKK-A is the largest actively managed ETF on any global exchange. It ranked in the first percentile among 604 funds in its class in 2020, according to Morningstar Research, with a 152.8-per-cent return. The ETF has struggled thus far in 2021, up only 0.5 per cent year-to-date.
Top pandemic stocks to watch as the global economy recovers Top pandemic stocks to watch as the global economy recovers
Joshua Warner March 5, 2021 2:28 PM
Are those stocks that were hardest hit by the pandemic set to stage the strongest recovery when the economy reopens? Share:
What stocks have been worst-hit by the pandemic?
The pandemic has disrupted virtually every industry one way or another. We have seen tech-savvy businesses thrive. Other companies have adapted well to the dramatic shifts in behaviour by digitising their businesses or proving the benefits of diversification. However, some businesses have had little choice but to bunker down and do what they can to keep things ticking over until things get back to normal.