This Hot Industrial ETF Could Shoot Even Higher Thanks to Biden April 13, 2021
The cyclical/value resurgence is lifting the industrial sector. The Biden Administration’s infrastructure efforts could bring even more upside for exchange traded funds like the
PRN tracks the Dorsey Wright Industrials Technical Leaders Index, which 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.
Online retailer Amazon is on pace to meeting its goals at its India site, particularly when it comes to its micro-, small-, and medium-sized enterprises.
3 VanEck ETFs Are Putting Up Huge YTD Inflows April 13, 2021
Tactical funds from VanEck that go beyond basic beta strategies can help give ETF investors alternative exposure to alpha. A great place to start is with fund inflows.
At the top of the heap is the
seeks to replicate as closely as possible the price and yield performance of the MVIS® US Listed Semiconductor 25 Index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor sector, which may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange.
Overall, SMH offers:
April 13, 2021
Friday was a busy day on the Bitcoin exchange traded fund front as Kryptoin Investment Advisors filed a registration form for a Bitcoin ETF. That means there are now eight such applications before the Securities and Exchange Commission (SEC).
The commission also revealed its evaluating WisdomTree’s proposal to introduce a bitcoin ETF – something the issuer has had success with in other markets.
“Fast forward to the first quarter of 2021 and the digital assets financial ecosystem, including bitcoin, has progressed significantly,” according to the filing. “The development of a regulated market for digital asset securities has significantly evolved, with market participants having conducted registered public offerings of both digital asset securities and shares in investment vehicles holding bitcoin futures.”
Investors Have Grown More Comfortable with Junk Bonds April 13, 2021
As default rates among low-rated U.S. companies dropped to their lowest level in months, fixed income investors have grown more “risk-on.”
The
Additionally, ETF investors have exhibited a higher preference for riskier assets. Over the past week alone, the iShares iBoxx $ High Yield Corp Bond ETF attracted $1.7 billion in net inflows whereas the iShares iBoxx $ Investment Grade Corporate Bond ETF experienced $2.2 billion in net outflows, according to ETFdb data.
Bolstering the risk-on bets, default rates on low-rated U.S. companies declined to 3.15% as of March, their lowest level in 10 months, the Wall Street Journal reports.