Loading…
Loading…
Investors seeking defensive exposure beyond a broad-based consumer staples exchange-traded fund (ETF) might look to a number of unique funds nonetheless notable for their recent performance. Consumer staples companies appeal to investors when recession fears mount for their supposed resilience in the face of difficult economic conditions.
The U.S. ETF industry saw 22 new ETFs debut last week, which was the best one for launches across multiple months. The issuers launching funds include Capital Group, Direxion, First Trust, Invesco, NEOS, Neuberger Berman, newcomer Nightview Capital, PGIM, Strive, TCW and YieldMax.
For the second week in a row, launches of new ETFs have been sluggish, to say the least. Granted, the five launches that took place this past week were more than the two that launched in the week ended April 19.
Kevin T. Carter, founder and chief investment officer of EMQQ Global, isn't afraid to travel the world to see where the fastest growth will be coming from. As such, his goal is to create the best ETFs representing that growth.
Undervaluation, falling inflation, higher growth rates and chances of slower Fed rate hikes should make emerging market ETFs winners.
ILTB and ECON saw massive trading volumes in yesterday session.
Several ETFs offer varying takes to capitalize on emerging market consumer growth.
Biden's presidential Inauguration, Fed's dovish comments, hopes of a fatter fiscal stimulus in the United States, China's upbeat GDP data and the ECB's promise to continue the accommodative approach should boost