For Immediate Release
Chicago, IL – Dec 18, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include ARK Web x.0 ETF ARKW, ARK Innovation ETF ARKK, Guggenheim China Technology ETF CQQQ, EMQQ Emerging Markets Internet & E-commerce ETF EMQQ and ETFMG Video Game Tech ETF GAMR.
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Here are highlights from Friday’s Analyst Blog:
5 Tech ETFs That Crushed FANG ETFs
When it comes to investing in the tech space, investors normally dwell around FANG stocks. The FANG stocks are Facebook, Amazon, Netflix and Google, which later restructured itself as Alphabet. These players have dominated the technological sphere and boosted shareholders’ wealth for several years now.
But things turn bitter sometimes when overvaluation concerns and high-beta sell-off creep in. This year was no different as FANGs flopped right in the middle. After a rally, the biggest technology stocks collapsed on overvaluation concerns in June, with the top five tech companies including Apple losing more than $97.5 billion in market value in a single day (read: Forget Big Tech, Bet on These Overlooked ETFs).
If we rule out this issue, the technology sector has been on fire this year thanks to improving economic and industry fundamentals and Trump’s proposed corporate tax reform. The rise of new technology such as cloud computing, big data and Internet of Things has been the wind beneath the wings.
Notably, Trump also proposes a lower tax on over $2.6 trillion in offshore earnings. Overall, tax cuts and a one-time repatriation tax could boost share repurchases by companies. Now, tech behemoths hoard huge cash overseas and are poised to benefit the most from Trump's proposed tax reform. Also, investors can expect higher dividend distribution or share buyback from this move.
Investors would be excited to know that there is a lot of winning tech ETF ways to make profits. These ETFs have proven more efficient that FANG funds so far this year.
ARK Web x.0 ETF – Up 84.9%
The ARK Web x.0 ETF is an actively-managed ETF that invests primarily at least 80% of its assets in domestic equity securities and U.S. exchange traded foreign equity securities of companies that are relevant to the fund’s investment theme of Web x.0. The fund charges 75 bps in fees. Cloud Computing & Cyber Security takes about 23% of the fund followed by Big Data & Machine Learning that accounts for about 20% (read: 4 Reasons Why Investors Love Passive ETFs).
ARK Innovation ETF – Up 83.8%
The fund seeks long-term growth of capital. Bioinformatics takes about 9.1% of the fund followed by 3D Printing (8.3%) and Autonomous Vehicles (7.5%). The fund charges 75 bps in fees.
Guggenheim China Technology ETF – Up 68.3%
The 72-stock fund looks to seek investment results of the AlphaShares China Technology Index. Tencent Holdings Ltd accounts for about 12.97% of the fund followed by Alibaba Group Holding-SP ADR which makes up about 10.6%. The fund charges 70 bps in fees and has a Zacks ETF Rank #2 (Buy).
EMQQ Emerging Markets Internet & E-commerce ETF – Up 62.7%
The fund looks to track the EMQQ The Emerging Markets Internet & Ecommerce Index. Alibaba Group Holding-Sp accounts for about 9.09% of the fund followed by Autohome Inc-ADR with about 1.4%. The fund charges 86 bps in fees and has a Zacks ETF Rank #3 (Hold) (read: Emerging Markets Leading This Year: 5 Top-Performing ETFs).
ETFMG Video Game Tech ETF– Up 58.1%
The 45-stock fund tracks the EEFund Video Game Tech Index and gives exposure to companies actively involved in the electronic gaming industry including the entertainment, education and simulation segments. The fund charges 75 bps in fees (read: 5 Hot ETF Deals for the Holiday Season).
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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GUGG-CHINA TEC (CQQQ): ETF Research Reports
ARK- WEB XO ETF (ARKW): ETF Research Reports
ARK-INNOVATION (ARKK): ETF Research Reports
EM-INTRNT&ECMRC (EMQQ): ETF Research Reports
PF-ISE ELEC GMG (GAMR): ETF Research Reports
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