ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Direct Indexing
    • Disruptive Technology
    • Energy Infrastructure
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Financial Literacy
    • Fixed Income
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Modern Alpha
    • Multifactor
    • Night Effect
    • Portfolio Strategies
    • Responsible Investing
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ETF Leaders Powered by the NYSE: Simeon Hyman
News
Share

ETF Leaders Powered by the NYSE: Simeon Hyman

James ComtoisJul 05, 2022
2022-07-05

Simeon Hyman, global investment strategist at ProShares, understands that inflation is high, but doesn’t think it will stay at these elevated levels.

“Look. We have inflation. It’s high,” said Hyman at Exchange: An ETF Experience 2022. “Will it stay this high? Probably not. Will it stay higher than the long-term central bank target of 2%? Yes.”

Long-term, Hyman told VettaFi Editor-in-Chief Lara Crigger for ETF Leaders, powered by the New York Stock Exchange: “make up a number between two and eight that’s probably where we’ll be in three or four quarters.”

With inflation currently “much higher than the Fed wants it to be,” Hyman thinks using digital assets to hedge against inflation “makes some sense.”

“There’s volatility there of course, so you want to think about the right proportion of that in a portfolio, but it certainly makes a lot of sense as a diversifying asset and as an inflation hedge,” Hyman said at Exchange: An ETF Experience 2022, noting that ProShares launched the first bitcoin ETF in the U.S. with ProShares Bitcoin Strategy ETF (BITO ) in October.

When discussing growth versus value in the equity space, Hyman said there’s “a misapplication of the… bond math to the equity market.”

“In other words, if interest rates are rising, why don’t I shorten the duration of my equity portfolio? To us, it doesn’t make a lot of sense,” Hyman said. “A stock with a P/E of 10 still has a duration of double the aggregate market. The salvation in equities must be some growth.”

While some of that growth can come from dividend growth and other “more evergreen solutions,” Hyman explained that “the real salvation from inflation and rising rates is growth and some of those technological innovations that we see.” This includes such ETFs as the ProShares Metaverse ETF (VERS ), which ProShares launched in March. VERS is designed to give investors access to leading companies tied to the growth of the metaverse.

For more news, information, and strategy, visit VettaFi.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Jun 02

Main Management Market Note: June 2, 2023

Jun 02

A Debt Limit Deal Is Made, Target Treasuries of Any Duration

Jun 02

This Week in ETFs: Only 2 Launches, Many Closures

Jun 02

As Summer Nears, Eye Travel Stocks in JRNY

Jun 02

NYSE’s ETF Leaders: Northern Trust’s Michael Natale

Jun 02

Seize Market Gains & Optimize Dividends With KVLE

Jun 02

VettaFi Voices: Active or Passive for ESG ETFs?

Jun 02

As Fed Rate Pause Previews Hikes, Eye USFR

Jun 02

How Much More Will the Fed Need to Hike if Inflation Persists?

Jun 02

Investors Look to Equal Weight Technology RYT as Sector Rallies

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VGT

Vanguard Information...

VOO

Vanguard S&P 500 ETF

SMH

VanEck Semiconductor ETF

JEPI

JPMorgan Equity Premium...

BOTZ

Global X Robotics &...

IYW

iShares U.S. Technology ETF

XLK

Technology Select Sector SPDR...

FNGU

MicroSectors FANG+ Index 3X...


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X