Argentina ETF’s Top Holding Beats Political Volatility

Down almost 32% over the past month, the once high-flying Global X MSCI Argentina ETF (ARGT C+), the largest US-listed ETF dedicated to stocks in Latin America’s second-largest economy, is beset by political volatility. One glimmer of hope for the Argentina ETF is its largest holding, online retailer and e-commerce giant MercadoLibre (NASDAQ: MELI). While note immune to Argentina’s political volatility (the stock is down 20% over the past month), MercadoLibre still has the makings of a winner, according to some analysts. That’s a relief to ARGT investors because the…

Playing Defense Is Not Cheap, But Still Worth It

Playing Defense Is Not Cheap, But Still Worth It

Up 22.57% year-to-date, the iShares Edge MSCI Min Vol USA ETF (USMV A) is crushing broader benchmarks and is proving to be an investor favorite. USMV has hauled in $10 billion in new assets this year, a total surpassed by just one other US-listed ETF. USMV seeks to track the investment results of an index composed of U.S. equities that, in the aggregate, have lower volatility characteristics relative to the broader U.S. equity market. The fund offers would-be investors exposure to U.S. stocks with potentially less risk. Historically, USMV has…

Pacer Exploits Its Edges | ETF.com

Pacer Financial got into the ETF business—almost by accident—in 2015, and has since built up to a judiciously launched lineup of 20 ETFs with $4.8 billion in assets under management. Its largest fund is the $2.6 billion Pacer Trendpilot U.S. Large Cap ETF (PTLC). Here, ETFR speaks with Sean O’Hara, president of Pacer ETFs, about how a well-known distributor broke into the ETF space and established a multibillion-dollar fund family.   Source: FactSet, data as of 9/9/2019 ETF.com: Why did Pacer get into the ETF space? Sean O’Hara: Our initial…

8 Oil ETF Plays as Saudi Production Rocks Markets

8 Oil ETF Plays as Saudi Production Rocks Markets

Oil ETFs surged upwards of 10 percent Monday after attacks on Saudi oil production facilities Saturday knocked out 5.7 million barrels of daily production. Specifically, the United States Oil Fund (USO A) was up 11.1% while the United States Brent Oil Fund (BNO B+) was up 12.06% as of 11:20am ET Monday. Brent crude, the global oil benchmark, rose 11% to $67.03 a barrel. It had earlier jumped as much as 19.5% to $71.95 a barrel. Related: Rising Middle East Tensions Could Spike Oil Prices This Week WSJ reports President…

Time for a Trade on Financials, But Which Way?

August is supposed to be the quietest month of the year—the summer doldrums. And yet, this August has proven to be anything but quiet, thanks to corporate earnings and the most highly anticipated FOMC meetings in years. Volatility was the story through much of the month, spurred by on-again-off-again trade talks between the U.S. and China and an inversion of the 2-year and 10-year treasury yields, a long-running recession indicator. In fact, anxiety about a potential recession ended up overriding a better-than-expected earnings season and sabotaged an interest rate cut…