ETFS

ETF Overview The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) focuses on long-term investment grade corporate bonds in the United States. The ETF tracks the Markit iBoxx USD Liquid Investment Grade Index. The index screens out corporate bonds that have maturity below 3 years. LQD has very low credit risk, as all of
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CEF investors are faced with hundreds of funds across different managers, asset classes, tax structures and risk profiles. Just like the well-known jam experiment study, this variety is not always easy-to-digest, so to speak. One obvious way investors can structure their allocations is by selecting sectors they like or understand. This sector-based allocation framework gives
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When we last discussed the most likely path forward for the SPDR Gold Trust ETF (NYSEARCA: GLD) on May 12, 2019, valuations in the fund came in at $122.67. Since then, metals markets have exhibited a clear reversal of fortune and posted gains of 8.76%. This more than doubles the performance of the SPDR S&P
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Finding the best mutual funds is an increasingly difficult task in a world with so many to choose from. How can you pick with so many choices available? Don’t Trust Mutual Fund Labels There are at least 196 different Real Estate mutual funds and at least 682 mutual funds across eleven sectors. Do investors need
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Photo Source: Reuters/Jose Luis Gonzalez. Trucks wait in a queue for border customs control to cross into the U.S. at the Zaragoza-Ysleta border crossing bridge in Ciudad Juarez, Mexico, June 1, 2019. For the first month in three, investors were net purchasers of mutual fund assets, injecting $82.6 billion into the conventional funds business (excluding
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Introduction The week was once again quite successful for the fixed-income world. The leading benchmark reached a new high. The 10-year interest rates went to new lows and the bond ETF trades stable for now. Statistically, most of the closed-end funds are “Sell” candidates and we do not have any “Buy” candidates. The NAV/Price spreads
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As some regular readers may be aware, I have been talking a bit about emerging markets over the past several months. However, most of my attention has been on the high-yielding assets in these nations, such as those held by the iShares Emerging Markets Dividend ETF (DVYE). Of course, there are plenty of stocks in
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Main Thesis The purpose of this article is to evaluate the iShares Select Dividend ETF (DVY) as an investment option at its current market price. With markets re-testing prior highs, I continue to express caution in equity positions. I see plenty of risks on the horizon, namely related to slowing economic growth and on-going trade
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Screen capture via Bloomberg TV “Something’s About To Happen” The SPDR Gold Trust ETF’s (GLD) chart was analyzed by Fidelity technician John Gagliardi on Bloomberg TV’s “What’d You Miss” program on Wednesday. You can see the full segment here, but below is the key part for GLD longs: Abigail Doolittle: What about that MACD on
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As followers will know, we like to sell high implied levels of volatility on liquid underlyings. Apart from stocks, we also like to sell premium in ETFs as they bring a distinct advantage to the mix. For example, ETFs do not have any quarterly earnings announcements which stocks have. This means that one has potentially
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By Ansh Chaudhary For the month of May, the ETF Deathwatch increased in size. Twenty-nine exchange-traded products (“ETPs”) were added to the list, and 19 funds were removed, making May a busier month in terms of additions. Of the removals, 16 were removed due to increased health and three were removed due to asset managers
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On November 14, 2017, I wrote a short blog post simply titled “Do Not Stop Buying PCI”. Since then, not only has the PIMCO Dynamic Credit Income Fund (PCI) outperformed any junk bond index you care to look at, but it has more than doubled versus the S&P 500’s performance since then. This is not
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Investment Thesis The SPDR S&P Dividend ETF (SDY) provides income, quality and value: while these features make the fund a great source of cash flow and stability, they also bring the disadvantages of investing in high-yielding securities and using criteria other than market capitalization, i.e. that a risky security may occupy a large position in
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When analyzing an investment idea, we can do it through different perspectives. The benefits of diversification, the fundamental picture for the asset, and the timing considerations based on momentum and relative strength. Vanguard Real Estate ETF (VNQ) currently looks quite solid from those three different and complementary perspectives. The Benefits of Diversification Diversification is one
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Main Thesis The purpose of this article is to evaluate the iShares MSCI United Kingdom ETF (EWU) as an investment option at its current market price. While I typically invest in U.S.-based companies, I have begun to see real value within the United Kingdom (U.K.), as Brexit worries persist and investors are reluctant to buy
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