The VanEck Vectors Social Sentiment ETF, backed by Dave Portnoy, now boasts $503.1 million in total net assets.
Roundhill investments is launching the first-ever ETF dedicated to professional sports. Holdings include the New York Knicks, Formula One, and more.
The Direxion Moonshot Innovators ETF (MOON) has gained roughly 39% in 2021, compared to ARKK's 3.5% rise.
Barstool Sports founder Dave Portnoy endorsed the fund on Tuesday, praising it as an effective tool for tracking online traders' favorite stocks.
Exchange-traded notes (ETNs) are debt securities that track the performance of a financial asset or index and trade on stock exchanges. ETNs pay a lump sum when they mature, and investors make money if the underlying tracked asset has risen in value. While they offer investors access to exotic sectors […]
ETFs (exchange-traded funds) and mutual funds offer cost-efficient ways to diversify, but they differ in how they’re taxed, traded, and managed. ETFs are typically passively managed and trade like stocks, with lower fees and minimums than mutual funds. Mutual funds are professionally managed investment portfolios that trade once a day […]
Investors have piled into gold ETFs this year, flocking to the so-called safe-haven asset as the coronavirus pandemic rages on. Worldwide, holdings in gold ETFs gained to 3,365.6 tons Monday, Bloomberg reported. That surpassed the number of tons held by Germany. Only the US government, which holds more than 8,000 […]
In the second quarter of 2020, equity funds posted their best quarterly performance since the fourth quarter of 1999, according to data from Refinitiv Lipper. The average equity fund returned 20.22% in the quarter, and Lipper’s US Diversified Equity Funds macro-classification returned 23.52%, outperforming six other major equity groups. US […]
On Tuesday, Bloomberg reported that President Trump’s administration is eyeing a $US1 trillion infrastructure proposal. Shares of construction materials companies surged Tuesday, with some posting gains upward of 10%. The iShares US Infrastructure ETF jumped as much as 15% in early trading Tuesday, before paring some gains. It traded up […]
The US Global Jets exchange-traded fund, ticker JETS, notched its 64th day of inflows Tuesday, bringing total assets to more than $US1 billion, according to Bloomberg data. That’s a surge of nearly 3,000% in just three months – in early March, the fund had only $US33 million. The boost has […]
Assets in exchange-traded funds are poised to hit $US50 trillion by 2030, according to a note from Bank of America released Wednesday. The ETF market is already seeing a growth rate of 25% that will bring the total market to $US5.3 trillion in assets at the end of 2020, Bank […]
A Vanguard exchange-traded fund focused on socially responsible investing bought shares of a gunmaker after its underlying benchmark included them mistakenly, Bloomberg reported. The mistake happened during the index’s rebalancing in June, according to Bloomberg. Vanguard and the holder of the index fixed the mistake and notified clients right away, […]
The best-performing exchange-traded products in 2018 included funds geared toward shorting stocks, going long volatility, and fighting cyber crime. Investors who were positioned for higher volatility were rewarded. The top performer, the exchange-traded note (ETN)VXX, exposes investors to futures contracts on the Cboe Volatility Index (VIX), which reflects implied volatility […]
The first exchange-traded fund without fees will launch next year, predicts Todd Rosenbluth, the head of ETF and mutual fund research at advisory firm CFRA. Fidelity launched no-fee mutual funds this year, which drew in nearly $US1 billion in flows in their first month. Rosenbluth highlights a few firms that […]
The rise of exchange traded funds (ETFs) has also been a boon for market index providers such as MSCI. The number of benchmark indices for various asset classes rose by another 12% to 3.73 million in the year to June. The rise of passive investment vehicles has seen plenty of […]
Exchange-traded funds have become wildly popular in the past decade, and account for a quarter of all trading activity on exchanges. We spoke to two experts, a 15-year veteran of the product and a hedge fund founder, about how ETFs can help investors balance their portfolios. You’ve probably heard the […]
Money poured into exchange traded funds (ETFs) at a record rate in January, just prior to last week’s stock market jitters which saw the S&P500 fall by 5.2%. A Financial Times report said ETFs globally attracted another $US105.7 billion of capital last month, based on preliminary data from consultancy firm […]