‘Green New Deal’ Could Bolster Renewable Energy Sector ETFs

Renewable energy stocks and sector-related ETFs may stand to benefit the most from the Green New Deal, a proposal to end U.S. fossil fuel consumption within a decade, but companies in the sector are loath to openly support it. Among the best performers of the year, the Invesco Solar ETF (NYSEARCA: TAN) advanced 33.5% and Invesco WilderHill Clean Energy ETF (NYSEArca: PBW) increased 31.0%. Clean energy stocks have been rallying this year as talks of a Green New Deal, an aggressive proposal backed by several Democratic presidential candidates to end…

How to Manage A Mature Bull Market With Macro-Themed ETF Strategies

Increased volatility and macro uncertainty, which has affected a large swath of asset classes, has investors looking for new solutions for an aging bull market. Can macro-themed ETFs provide a way for investors to take advantage of relative-value strategies in the intermediate term? On the upcoming webcast, How to Manage A Mature Bull Market With Macro-Themed ETF Strategies, Robert Nestor, President of Direxion, and David Mazza, Managing Director and Head of Product for Direxion, will look to strategies that may allow investors to more precisely implement their own convictions about…

Steel ETFs Could Be Facing a Meltdown

Steel-related ETFs have rebounded along with the broader markets, but a potential supply glut could upend the recovery. Year-to-date, the VanEck Vectors Steel ETF (NYSEArca: SLX), the lone steel sector-specific ETF, increased 15.9% and the SPDR Metals & Mining ETF (NYSEArca: XME), which is designed to track the broad metals and mining segment, including a significant tilt toward steel, gained 14.3%. However, Bank of America Merrill Lynch warned that a price-crushing steel glut or what the bank calls “Steelmageddon” could drag down the sector, CNBC reports. The bank’s analysts argued…

Why Cost Matters to ETF Investors

As the ETF industry grows and matures, investors are gravitating toward specific areas of interest and targeted investment strategies “I think what we are already seeing – costs matter. We continue to see that,” Susan Thompson, Head of SPDR Americans Distribution for State Street Global Investors, said at Inside ETFs. For example, State Street Global Advisors has a line of dirt-cheap ETFs to provide exposure to a range of core equity and fixed-income asset classes, including: SPDR Portfolio Total Stock Market ETF (NYSEArca: SPTM) 0.03% expense ratio SPDR Portfolio Large…

Brazil ETFs Strengthen on Hopes of Pro-Market Reforms

Brazil country-specific ETFs were among the best performers Tuesday, with Brazilian benchmarks breaking into new record highs, as traders placed their hopes on promised pro-market reforms and President Jair Bolsonaro met in the White House with President Donald Trump. Among the best performing non-leveraged ETFs on Tuesday, the First Trust Brazil AlphaDEX Fund (NYSEArca: FBZ) gained 1.4% while the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest Brazil-related ETF, was flat, paring gains in late-day trading. The benchmark Ibovespa Index in Sao Paulo hit an intra-day record of 100,037.69 before…