U.K. ETFs Confront Brexit Head On

While the U.K. continues wrangling with various elements of Brexit, the country’s departure from the European Union (EU), U.K. stocks and the related exchange traded funds are soaring. The iShares MSCI United Kingdom ETF (NYSEArca: EWU), the largest U.K.-related ETF, is higher by nearly 14.50% this year. After taking out the currency swings associated with the weaker British pound sterling currency, U.K. stocks reveal a long-term under-performance. In U.S. dollar terms, the FTSE 350 benchmark is trading around the same level it did at the start of 2016. With its…

‘FONE’ Smartphone ETF Will Become a 5G Fund

'FONE' Smartphone ETF Will Become a 5G Fund

A dedicated 5G ETF debuted earlier this month, but one issuer is reshaping an existing ETF into a 5G fund. The First Trust NASDAQ CEA Smartphone Index Fund (FONE B) is on its way to becoming a 5G ETF with a new name and a new underlying index, according to a filing with the Securities and Exchange Commission. The $14.52 million FONE, which turned eight years old last month, currently follows the Nasdaq CTA Smartphone Index. That benchmark “is designed to track the performance of companies engaged in the smartphone…

An ETF For China’s Digital Advertising Boom

An ETF For China’s Digital Advertising Boom

As China’s Internet market, which is already home to more users than there are people living in the U.S., continues expanding, digital advertising expands as well. That theme is expected to benefit some of the marquee Chinese Internet companies and some exchange traded funds with exposure to those stocks. The O’Shares Global Internet Giants ETF (OGIG n/a) is one of the newer options among Internet exchange traded funds, but unlike its domestically-focused rivals, OGIG features exposure to Chinese Internet companies. Some of OGIG’s top portfolio holdings includes companies such as…

High-Yield Prospects March 20 Edition

High-Yield Prospects March 20 Edition

Here is a look at ETFs that currently offer attractive income opportunities. The high-yield candidates included in this list meet three sets of criteria. First, each of these funds is deemed to be a high-yield prospect because it boasts a trailing 12-month dividend yield upwards of 5%. Second, each of these ETFs also boasts over $100 million in total assets under management to help steer investors away from less established funds. Third, each of these ETFs also meets a minimum 20-day average trading volume of 0.5 million. As always, investors…