Vident Financial expanded its ETF lineup today, making the move into the fixed income space. The issuer was previously known for two funds, the International Equity Fund (VIDI), and the Core U.S. Equity ETF (VUSE). Both of these funds have been relatively successful, which bodes well for the product Vident launched this morning [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. [click to continue…]
This week, Wall Street got off to yet another sour start, with major equity indexes closing in the red. On Wednesday, stocks took a small breather after two straight down days. The third quarter earnings season also kicked off this week, with aluminum producer and bellwether Alcoa (AA) posting its results on Wednesday after the closing […]
Wrapping up the third quarter of 2014, three new ETFs made their way into the mix this week. Two funds came from a new player to the ETF ring, as we are beginning to see more and more new issuers trying their hands at the ETF wrapper. Another fund came from a well-known issuer featuring […]
Two ETFs made their trading debut this past week, with one continuing the trend of income for investors while another seeks similar exposure from an unfamiliar face. Below, we highlight these two new ETFs and what investors need to know about each [for more ETF news and analysis subscribe to our free ETF Daily Roundup].
U.S. equities got off to a sour start this week, with Monday and Tuesday seeing major indexes end in the red. Stocks finally stabilized on Wednesday, even though economic data came in worse-than-expected: wholesale inventories rose 0.1% in July versus analyst expectations of a 0.5% rise. In corporate news, all eyes were on Apple after […]
Wall Street kicked off the month of September on a mixed note, with equities taking a slide on Tuesday following Labor Day; historically, September has always been a bad month for stock markets. Investors have been keeping a close eye on Europe in recent months, especially focusing on conflicts between Ukraine and Russia [see Annual GDP […]
Wall Street saw the S&P 500 Index logging in its first ever above-2,000 close this week, setting a new milestone in the stock market’s recent bull run. Also this week, investors digested several economic reports. Orders for durable goods surged 22.6% in July from the prior month, well above analyst expectations of 7.5% (but driven mostly […]
Two new ETFs have hit the market over the last week, as the industry proves that investors are still focused on income at a time with record-low interest rates. First Trust and ProShares each rolled out products that focus on providing an income stream for investors, each with a unique strategy. We take a closer […]
The ETF world saw a big step forward on the innovation front last week, as ProShares debuted two ETFs that utilize credit default swaps for their investment strategy: the CDS North American HY Credit ETF (TYTE) and the CDS Short North American HY Credit ETF (WYDE). These actively managed funds are the first of their kind and are arguably […]
The ETF world continued to widen the investing universe this week, as two new funds debuted. There are now approximately 1,650 U.S.-listed ETFs that are currently active with well over $2 trillion in total assets. Though exchange traded products still have a ways to go before they de-throne mutual funds, their low cost and transparent […]
This week, Wall Street digested the latest U.S. GDP data, which came in at a seasonally adjusted annual rate of 4.0% in the second quarter. For the first half of 2014, the economy managed to eke out positive growth, expanding at a 0.9% pace [see How Well Do Defensive ETFs Actually Work?].