A NOTE FROM BOB
The U.S. Senate passed a bill that could result in the delisting of certain Chinese securities from U.S. exchanges. That could have a big impact on emerging market ETFs like VWO, EEM, and IWMG, where China is heavily represented.
Low Volatility ETF changes its stripes. If you think "low volatility" means Utilities, you should look at the main Low Vol ETF, SPLV. It was recently rebalanced. It now owns Amazon and eBay. It sold Utilities like Con Ed and old low volatility stalwarts like McDonald's. One reason: traditional low-volatility sectors like REITS and Utilities were not so low-volatility in the chaos on March and April. Bottom line: low-volatility is now more associated with Health Care and Consumer Staples.
Corporate bond ETF keeps getting bigger. The iShares Investment Grade Corporate Bond ETF (LQD), the world's largest corporate bond ETF, has seen its shares outstanding up more than 50% since the Federal Reserve said it will buy corporate bonds and ETFs in late March. Total assets are now at a record $47 billion. The iShares High Yield Corporate Bond ETF (HYG) is also sitting at a record size of roughly $20 billion.
ETF Action notes that with the IPO ETF (IPO) at a new high, a look at other ETFs that have the highest overlap to the IPO ETF gives a snapshot of the kind of new investments investors want: cloud computing, Internet, Gig Economy, Online Retail. ETFs with overlaps to IPO: WCLD, OGIG, XITK, IBUY, BUYZ. For more analysis and actionable insights, catch me live on Mondays at 1 on ETF Edge. KEY STORIES
IN CASE YOU MISSED IT
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Kamis, 21 Mei 2020
ETF Edge Newsletter
Langganan:
Posting Komentar (Atom)
Tidak ada komentar:
Posting Komentar