Two new fund launches from Franklin Templeton aim to satisfy income-hungry investors who are looking for a new type of dividend fund. The money management firm debuted the Franklin U.S. Dividend Multiplier Index ETF (XUDV) and the Franklin International Dividend Multiplier Index ETF (XDIV) in late January. The funds are equity-only funds and don’t use…
Exchange Traded Funds (ETFs) tied to Nvidia (NVDA) like T-Rex 2X Long Nvidia Daily Target ETF (NVDX), Direxion Daily Nvda Bull 2X Shares (NVDU), and GraniteShares 2x Long NVDA Daily ETF (NVDL) were pummelled during Monday’s sell-off when Nvidia saw record losses. TMX VettaFi head of research Todd Rosenbluth sits down with Seana Smith on…
Single-stock ETFs betting heavily on Nvidia’s blistering rally plunged overnight, tracking losses in the chip darling’s shares, calling into question the reliability of the leveraged investment vehicle. The GraniteShares 2x Long NVDA Daily ETF (NVDL) fell 33.78% overnight. The Direxion Daily NVDA Bull 2x Shares ETF (NVDU) and T-Rex 2X Long Nvidia Daily Target ETF…
Small caps have been one of the hottest corners of the markets in the wake of President-elect Donald Trump’s election victory four weeks ago. But now there are signs of trouble in paradise, potentially capping future gains. “The concern with small- and mid-cap stocks right now is that while there is a change in sentiment…
The stock market is about to do something unusual: go up by more than 20% for the second year in a row. The S & P 500 has risen 24.73% so far this year, up fractionally more than last year’s 24.23%, according to FactSet data. It’ll be only the third time there have been back-to-back…
The iShares Expanded Tech-Software Sector ETF (IGV) has been getting a lot of attention, and rightly so. Since May 2024, the ETF has notably outperformed the greater SPDR Technology Trust ETF (XLK) : +23% vs. +10%. Things have recently accelerated in November, and Tuesday, the IGV Software ETF was one of just three ETFs we…
“Trump’s pro-crypto stance is expected not only to invigorate the US virtual-asset industry, but also to encourage Hong Kong to further relax its own virtual-asset policies in its quest to become a global Web3 hub,” said Livio Weng, chief executive of Hong Kong-based cryptocurrency trading platform HashKey Exchange. “This shift could also positively influence regulatory…
Don’t look now, but tech could be in real trouble. Wolfe Research technical strategist Rob Ginsberg pointed out that the Technology Select Sector SPDR fund (XLK) in June hit its highest level relative to the S & P 500 since March 2000, when the dot-com bubble and first-wave internet stocks peaked. Since then, the XLK…
Christopher Grigat | Moment | Getty Images Investors can generally reduce their tax losses in a portfolio by using exchange-traded funds over mutual funds, experts said. “ETFs come with tax magic that’s unrivaled by mutual funds,” Bryan Armour, Morningstar’s director of passive strategies research for North America and editor of its ETFInvestor newsletter, wrote earlier…
Investors drove massive inflows into exchange-traded funds that buy Chinese stocks last week on optimism over additional fiscal stimulus, even as local shares came off the highs reached the week before. Inflows to U.S.-listed emerging market ETFs that invest across developing nations as well as those that target specific countries totaled $5.44 billion in the…