Markets

Getting a Handle on Factor Based, Smart Beta ETF Strategies

A number of new exchange traded funds that have hit the market are based on customized indexing methodologies that do not adhere to traditional beta index market capitalization weights. “Non-traditionally weighted strategies, including those based on factors, give investors an increased toolset to better address their objectives and goals,” Christopher Huemmer, Senior Investment Analyst at…

U.S. Stock ETFs Pull Back, Dow on Pace to End 10-Day Streak

U.S. equities and stock exchange traded funds lost their momentum Friday, with the Dow Jones industrial Average set to break its longest streak of record highs since 1987, as cautious investors reevaluate the so-called Trump rally. The S&P 500 Index, along with related funds including the SPDR S&P 500 ETF (NYSEArca: SPY), iShares Core S&P…

Market Observers: Gold ETFs Can Keep Climbing

Gold is off to a fine start this year as illustrated by year-to-date gains of over 7.5% for gold exchange traded products, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL). Some market observers believe the yellow metal can keep climbing. Gold ETFs have…

Oil ETFs Look for Output Support

The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, have traded slightly lower to start 2017. However, there is a chance oil could rally as 2017 moves along as more oil-producing nations rein in…

Leveraged Gold Miners ETF Sees Big Increase in Activity

The VanEck Vectors Gold Miners ETF (NYSEArca: GDX) and the VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ), the two largest gold miners exchange traded funds, are surging and, not surprisingly, that is leading to some increased activity in leveraged gold miners ETFs. Notably, there is plenty of enthusiasm for the Direxion Daily Junior Gold Miners…

Looking to Malaysia for a Tactical Emerging Markets ETF Idea

The iShares MSCI Malaysia ETF (NYSEArca: EWM) has been flying under the radar this year, but the biggest Malaysia exchange traded fund is higher by nearly 6% and there could be some catalysts ahead for the big Malaysia fund. Malaysian stocks were emerging markets laggards last year. EWM fell 4% while the MSCI Emerging Markets…

A Soaring Utilities ETF Against Backdrop of Possible Interest Rate Rises

Heading into 2017, there was some concern about the ability of the utilities sector and the related exchange traded funds to deliver for investors against the backdrop of multiple interest rate increases by the Federal Reserve. Give the First Trust Utilities AlphaDEX Fund (NYSEArca: FXU), a smart beta spin on utilities, some credit. FXU is…