June 30th at 3:36pm by Tom Lydon
Speculative-grade debt and junk bond-related exchange traded funds are less risky than they appear as many companies have a buffer to mitigate potential shocks. Over the past month, the SPDR Barclays High Yield Bond ETF (NYSEArca: JNK) and the iShares iBoxx $ High Yield Corporate Bond ETF...
June 30th at 2:43pm by Tom Lydon
Utilities stocks and sector-related exchange traded funds are the worst performing area of the U.S. markets this year, but the sell off may be overdone. "We know the relationship [between yields and utilities] is inverse, but at some point a lot of it becomes priced in, at least in an...
June 30th at 2:00pm by Tom Lydon
Tortoise Capital Advisors, a Kansas-based money manager specializing in energy investments, introduced its first exchange traded fund today, the Tortoise North American Pipeline Fund (NYSEArca: TPYP). Passively managed, the Tortoise North American Pipeline Fund tracks the Tortoise North American...
June 30th at 1:30pm by Paul Weisbruch, Street One Financial
Don’t look now but even though there has been immense global equity weakness in the past twenty four hours, there appears to be a stealth rally occurring in the largest Agricultural Commodity based ETP, DBA (PowerShares Agriculture, Expense Ratio 0.85%). The fund has seen only modest inflows...
June 30th at 1:00pm by Todd Shriber
After Monday’s drubbing that saw it lose 20%, the Global X FTSE Greece 20 ETF (NYSEArca: GREK) was attempting to notch a modest bounce-back rally earlier Tuesday, flirting with gains of nearly 5%. But at this writing, the lone Greece has seen the bulk of those gains evaporate and is close to...
June 30th at 12:30pm by Todd Shriber
Quick. Guess two of the top-performing non-leveraged exchange traded products over the past month. Biotechnology or regional bank ETFs would make for logical guesses, but also incorrect guesses. In somewhat quiet fashion, agriculture commodities ETFs have been soaring. Over the past month, the...
June 30th at 12:00pm by Todd Shriber
S&P 500 healthcare stocks barely topped the benchmark index during the last Federal Reserve rate tightening cycle in 2004 through 2006, but 10-year Treasury yields are up 7.42% this year and nine of the top 10 non-leveraged sector ETFs are healthcare funds. Rising 10-year yields have not...
June 30th at 11:30am by Todd Shriber