3 Semiconductor ETFs With Gains of More Than 20% YTD

Over the course of market history, different industries have taken turns being important tells regarding broader market health. These days, some market observers believe semiconductor stocks and the related exchange traded funds are those tells. The good news in that scenario is that semiconductor stocks are enjoying their best first quarter on record. Entering Wednesday, the Invesco Dynamic Semiconductors ETF (PSI C), SPDR S&P Semiconductor ETF (XSD B), iShares PHLX Semiconductor ETF (SOXX B+) and the VanEck Vectors Semiconductor ETF (SMH A-) each sported year-to-date gains of more than 20%.…

RAAX ETF Returns to Full Allocation in Real Asset Sectors

The VanEck Vectors® Real Asset Allocation ETF (RAAX®) uses a data-driven, rules-based process that leverages over 50 indicators (technical, macroeconomic and fundamental, commodity price, and sentiment) to allocate across 12 individual real asset segments in five broad real asset sectors. These objective indicators identify the segments with positive expected returns. Then, using correlation and volatility, an optimization process determines the weight to these segments with the goal of creating a portfolio with maximum diversification while reducing risk. The expanded PDF version of this commentary can be downloaded here. Summary The VanEck Real Asset Allocation…

Looking at Small-Cap ETFs? The Time For Caution Is Now

Looking at Small-Cap ETFs? The Time For Caution Is Now

If you want to look at how powerful the snap-back has been since the November-December meltdown, just take a look at small-cap ETFs like iShares Russell 2000 ETF (IWM B+). Small-caps have been on fire in the new year and have been one of the best performing market segments year-to-date. As investors have once again brushed off concerns about the global economy, small-cap stocks both here and abroad have rallied hard. Perhaps too hard. With few catalysts left to propel them forward, high valuations, and still plenty of uncertainty in…

Global X MLPs ETFs Start Strong in 2019

Global X MLPs ETFs Start Strong in 2019

Exchange traded funds tracking master limited partnerships (MLPs) tumbled alongside traditional energy stocks last year, but MLP funds are bouncing back in the first quarter of 2019. For example, the Global X MLP ETF (MLPA A-) is up more than 16% this year while the Global X MLP & Energy Infrastructure ETF (MLPX ) is higher by 20.40% year-to-date. MLPs primarily deal with the distribution and storage of energy products, so their business model is less reliant on the commodities market since MLPs profit off the quantity of oil and…