Actively Managed ETFs

U.S. equities experienced their worst start to a new year, and the poor performance may have pushed some investors to consider alternative investments and related exchange traded funds that could provide more stable returns in volatile conditions. Potential investors should be aware that alternative investments are not meant as growth strategies to generate outsized returns […]

Exchange traded fund investors thinking about international exposure may capture improved growth abroad if the strength in the U.S. dollar slows down. John Bilton, global head of multi asset strategy at JPMorgan Asset Management, argues on the Financial Times that the dollar strength will not become excessive, which will help reinforce the US expansion and […]

The exchange traded fund industry continues to expand its product line, providing investors with a growing number of strategies to customize and maximize their portfolios. According to XTF data, there are now 1,843 exchange traded products, which include exchange traded funds and exchange traded notes, with $2.15 trillion in assets under management. Fund sponsors launched […]

With potential credit and rate risks weighing on the fixed-income markets, investors who are looking for higher yields may turn to an actively managed junk bond exchange traded fund that has outperformed more popular investment funds. The First Trust Tactical High Yield ETF (NYSEArca: HYLS), an actively managed ETF that tracks high-yield debt securities rated […]

Fixed-income exchange traded fund investors who want yield may consider emerging market debt as some observers  believe risks associated with a Federal Reserve interest rate hike have already been priced into the asset category. According to Pacific Investment Management Co., emerging market bonds look attractive after valuations priced in a “a good chunk of risks” […]

Investors that are newer to the ETF space or have only kept a passing eye on it may think that smart-beta ETFs are a new phenomenon. However, firms like Powershares, FTSE Russel, and more have been offering products and indexes that fit that classification for as far back as 10 years. So why all the […]

The U.S. dollar and currency-related exchange traded funds have bounced back to their highest levels since spring as traders bet on diverging central bank policies ahead. Over the past three months, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, […]

Recently, I had the pleasure of seeing our very own Sean Hollingshead present on Autopilot (CLS’s automated onboarding platform) at an advisor event. He discussed embracing new technologies as the target client is beginning to change. The new target client being millennials, or 30-somethings, people like me. I was also at an advisor’s client event […]

The bond market has been one of the most closely watched areas in the ETF industry in 2015. The mini flash crash in August has led to outcry about the dangers high-yield ETFs put investors in. Liquidity and defaults loom over the entire conversation fueled by speculation from activist investors like Carl Icahn who think […]

The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc, and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU) are up 4.5% and 2.6%, […]

Recently at the Morningstar ETF Conference Tom caught up with a new player in the ETF space but a familiar face to all investors. Principal Global has joined the crowd in offering ETF products to investors and Tom got some time with the head of those efforts, Paul Kim. Low growth, low yield, and high […]

First Trust Advisors L.P. introduced its second actively managed exchange traded fund in as many weeks this week with the debut of the First Trust Heitman Global Prime Real Estate ETF (NYSEArca: PRME). The new ETF “will seek to provide access to U.S. and non-U.S. real estate securities consisting of shares of public companies with […]

As international central banks enact loose monetary policies, foreign investors have turned to U.S. government debt for higher yields, supporting gains in the U.S. dollar and currency-related exchange traded funds. For instance, the U.S. two-year Treasury note currently yields about 0.83% while the Germany Bund 2-year yield is minus 0.32%. The interest rate differential in […]

What else is new? That could easily be the battle cry of currency traders and followers of the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) and the WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU), but the fact remains when it comes to the dollar and dollar exchange traded funds, it is all […]

With volatility recently rearing its ugly head, more investors are looking for ways to diminish portfolio risks, such as liquid alternatives that provide hedge fund strategies in an exchange traded fund investment vehicle. The asset class may offer the democratization of hedge funds, bringing once restricted strategies catered toward institutional-sized investors to the masses, writes […]

Markets and exchange traded funds jostled late-Wednesday after the Federal Reserve referenced a December interest rate hike. “In determining whether it will be appropriate to raise the target range at its next meeting, the Committee will assess progress–both realized and expected–toward its objectives of maximum employment and 2 percent inflation,” the Fed said in a […]

Fund holdings affect fund performance more than fees or past performance. A cheap fund is not necessarily a good fund. A fund that has done well in the past is not likely to do well in the future (e.g. 5-star kiss of death and active management has long history of underperformance). Yet, traditional fund research […]

Over the past several years, exchange traded funds issuers have been introducing more and more ETFs of ETFs, or those funds that hold other ETFs. One of the of the most established members of this ETF genre is the SPDR SSGA Global Allocation ETF (NYSEArca: GAL), which is now three and a half years old […]

BATS Global Markets continues its efforts to become the dominant listing destination for exchange traded funds and that effort includes wresting two State Street ETFs from the New York Stock Exchange. State Street’s State Street Global Advisors (SSgA), the third-largest U.S. ETF issuer, will move the SPDR DoubleLine Short Term Total Return Tactical ETF and […]

Investors should take a look at buyback exchange traded funds as the markets head toward one of the busiest periods of the year for company stock repurchases. November is the busiest month of the year for buybacks among S&P 500 companies, reports David Wilson for Bloomberg. About 13% of annual spending occurs during the month […]

The Federal Reserve and European Central Bank are looking at diverging monetary policies where we could see higher interest rates in the U.S. and greater stimulus across the pond. Consequently, international investors and currency exchange traded fund traders should be wary of the currency implications. While the Fed has not pulled the trigger on a […]

I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds. This week, I looked at the AlphaMark Actively Managed Small Cap ETF (NasdaqGM: SMCP). SMCP offers an interesting actively managed approach to small-capitalization stocks. [Smart-Alpha; The New Active […]

Without an immediate Federal Reserve monetary policy change, the U.S. dollar and currency-related exchange traded fund have been drifting lower. Over the past week, the PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP), which tracks the price movement of the U.S. dollar against a basket of currencies, including the euro, Japanese yen, British pound, Canadian […]

AlphaMark Advisors is the latest fund manager to turn to the exchange traded fund space, launching an actively managed small-cap ETF that was converted from a mutual fund. The recently launched AlphaMark Actively Managed Small Cap ETF (NasdaqGM: SMCP), which has $23.7 million in assets under management, fills a hole in the AlphaMark fund line […]

Bond market investors express their confidence in the economy by bidding up lower quality bonds against high quality ones and vice versa. The following chart features three of these relationships and shows they are all, to some extent, resting above long-term support, as represented by the red trendlines. A rally above the three green trendlines […]

The PowerShares DB U.S. Dollar Index Bullish Fund (NYSEArca: UUP) and the actively managed WisdomTree Bloomberg U.S. Dollar Bullish Fund (NYSEArca: USDU) have steadied after the Federal Reserve declined to raise interest rates last month, but the these ETFs, it really is all about the Fed and the central bank’s next move on interest rates. […]

With volatility shaking up the markets, investors and financial advisors may consider including some alternative investments into an investment portfolio to help smooth out the ride. While the equities market are trading near full value at best and bonds are being threatened with the prospect of rising interest rates, investors may want to take a […]

Home to over $1.2 billion in assets under management, the SPDR DoubleLine Total Return Tactical ETF (NYSEArca: TOTL) is easily one of the most successful exchange traded funds of any type to come to market in 2015. TOTL, managed by bond guru Jeff Gundlach, can also lay claim to be one of the most successful […]

I’m often asked about the future of active ETFs. For perspective, I see the entire ETF industry itself as being in the third inning of a nine inning game. But active ETFs are just settling into the first inning. Like with most “new” things, some figured active ETFs would have an immediate and significant impact […]