|Bid||33.79 x 900|
|Ask||33.86 x 1400|
|Day's Range||33.65 - 33.84|
|52 Week Range||26.39 - 33.84|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.02|
|Expense Ratio (net)||0.08%|
For a while now, advisors and investors have been hearing more and more about smart-beta exchange-traded funds (ETFs). These are an increasingly prominent part of the ETF landscape with a rather broad definition. In simple terms, smart-beta ETFs are often defined as those funds with indexes that employ methodologies other than weighting stocks by market value, or -- in the fixed income space -- issue size.In other words, a slew of funds can be considered smart-beta ETFs, including equal-weight funds, dividend strategies or ETFs focusing on a specific investment factor. With such a broad definition, it is not surprising that a substantial total of U.S.-listed ETFs -- perhaps 1,000 or more -- can be classified as smart-beta ETFs.While there has been plenty of criticism regarding these funds, data confirm that many asset allocators remain fond of alternatively-weighted funds.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"Notably, in 2019 nearly eight in 10 (78%) asset owners have implemented, are evaluating or plan to evaluate a smart beta index-based strategy," according to FTSE Russell. "In addition, adoption rates increased in Europe, North America and the Asia Pacific region, with growth also recorded in all AUM tiers: less than $1 billion, between $1-10 billion and more than $10 billion." * 7 Stocks Top Investors Are Buying Now Due to investor demand, issuers are not shy about bringing more smart-beta ETFs to market, making identifying the best something of a challenge. There are dozens of credible contenders for this list, but these seven sit near the top of the heap. Smart-Beta ETFs to Buy: WisdomTree U.S. LargeCap Fund (EPS)Expense Ratio: 0.08% per year, or $8 on a $10,000 investment.One thing investors who are new to smart-beta ETFs should note about these funds is that alternatively weighted products usually carry higher fees than their cap-weighted rivals. That said, an increasing number of smart-beta ETFs are also inexpensive. With an annual fee of just 0.08%, the WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) is in that category.EPS can be an alternative to traditional S&P 500 and broad market index funds because this smart beta ETF holds the 500 largest domestic stocks and weights those components by earnings, not market capitalization.EPS's index "is earnings-weighted in December of each year to reflect the proportionate share of the aggregate earnings each component company has generated. Companies with greater earnings generally have larger weights in the index," according to WisdomTree.EPS has a value tilt, but it has outperformed the S&P 500 Value Index by 1,400 basis points over the past three years. JPMorgan Diversified Return International Equity ETF (JPIN)Source: Shutterstock Expense Ratio: 0.38%Plenty of equity-based smart beta ETFs offer investors the opportunity to add some international diversity to their portfolios. One of the best smart beta ETFs in that group is the JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN).JPIN's underlying index, the FTSE Developed ex North America Diversified Factor Index "is a multi-factor index that includes monthly rebalancing, liquidity screens, and turnover constraints," according to J.P. Morgan. International equities in the index are scored and ranked based on value, size, momentum and low volatility factors. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip This smart-beta ETF is a developed market fund so it can be used as an alternative to MSCI EAFE Index strategies. Japan, the U.K. and Australia combine for over 55% of JPIN's geographic weight. Invesco FTSE RAFI US 1000 ETF (PRF)Source: Shutterstock Expense Ratio: 0.39%Closing in on its fourteenth birthday, the Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) is one of the oldest smart-beta ETFs in the U.S. Focused on U.S. stocks, PRF tracks the FTSE RAFI US 1000 Index.That index "is designed to track the performance of the largest U.S. equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends," according to Invesco.There is a value tilt with PRF, but this fund has outperformed the S&P 500 and Russell 1000 Value benchmarks over the past three years. About 53% of PRF's holdings are considered value stocks compared to approximately 13% with the growth designation. This smart beta ETF has over $5.5 billion in assets under management and its success spurred the creation of small/mid-cap and international equivalents. Xtrackers MSCI USA ESG Leaders Equity ETF (USSG)Expense Ratio: 0.1%A booming area of the smart-beta ETF universe is socially responsible investing, including environmental, social and governance funds. The Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) is one of newest ESG funds, having debuted in March, but with more than $1 billion in assets under management, this is also one of the biggest ESG index funds on the market.Like many of the legacy funds in the ESG arena, USSG uses a familiar strategy of excluding alcohol, tobacco and gambling companies, as well as makers of civilian firearms. One of USSG's biggest advantages in terms of long-term asset growth is its low fee. At 0.1% per year, this smart-beta ETF is one of the least-expensive ESG funds on the market. * 7 Dependable Dividend Stocks to Buy Home to 323 stocks, USSG allocates over 28% of its weight to technology stocks and over 27% of its combined weight to the consumer discretionary and healthcare sectors. While it is too early to judge USSG on performance, millennials' preference for socially responsible investment options bodes well for this fund in terms of adding assets. JPMorgan Diversified Return Emerging Markets Equity ETF (JPME)Source: Shutterstock Expense Ratio: 0.45%There are dozens of emerging markets smart-beta ETFs on the market on the JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPME) is proving to be a solid member of that group. This smart beta fund's methodology is comparable to its developed market counterpart, the aforementioned JPIN.JPME has a five-star Morningstar rating and emerging markets represent fertile territory for investors to consider moving beyond market cap weighting."Some argue that quantitative strategies, which seek to take advantage of human biases, should do better in emerging markets, where knowledge gaps and market inefficiencies are arguably more abundant," according to Barron's.While Chinese stocks represent nearly 22% of JPME's geographic weight, that is underweight compared to cap-weighted emerging markets benchmarks, indicating this smart beta ETF is a fine idea for investors looking to trim China exposure in their developing markets strategies. FlexShares High Yield Value-Scored Bond Index Fund (HYGV)Expense Ratio: 0.37%There are a growing number of smart-beta ETFs in the fixed income space, including funds addressing the corporate bond universe. The FlexShares High Yield Value-Scored Bond Index Fund (NYSEARCA:HYGV) is a way for investors to put some of the advantages of smart beta on their sides when it comes to junk bonds.HYGV follows the Northern Trust High Yield Value-Scored U.S. Corporate Bond Index, which emphasizes value in its bond identification process. However, that methodology does cheat investors out of income, as highlighted by HYGV's 30-day SEC yield of 6.9%. Over 95% of this smart beta ETF's holdings have maturities under 10 years, giving it a duration of just 3.3 years. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond HYGV "uses innovative security selection and weighting methodologies that focus on maximizing factor inputs for value, while managing other risk factors," according to FlexShares. iShares Edge MSCI USA Quality Factor ETF (QUAL)Expense Ratio: 0.15%Many of the largest smart-beta ETFs are funds dedicated to a single investment factor, and many of those product are growth or value funds. But the iShares Edge MSCI USA Quality Factor ETF (BATS:QUAL) has long since asserted itself in the realm of individual factor strategies. Home to nearly $11 billion in assets under management, QUAL is the dominant name among dedicated quality ETFs.With the business cycle aging and this bull market doing the same, smart beta ETFs focusing on quality stocks can reward investors as highlighted by QUAL's year-to-date gain of more than 23%. QUAL holds 125 stocks with nearly 36% of those names hailing from the technology and healthcare sectors."QUAL seeks to track the investment results of the MSCI USA Sector Neutral Quality Index composed of U.S. large- and mid-capitalization stocks exhibiting quality characteristics as identified through racks U.S. large- and mid-capitalization stocks based on quality screens for three fundamental variables: return on equity, earnings variability and debt-to-equity," according to ETF Trends.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks Top Investors Are Buying Now * The 10 Best Cryptocurrencies to Keep on Your Radar * 7 Marijuana Penny Stocks That Could Triple (But You Won't Make Money) The post 7 of the Best Smart-Beta ETFs to Target Right Now appeared first on InvestorPlace.
VANCOUVER , June 18, 2019 /CNW/ - Eastern Platinum Limited ("Eastplats" or the "Company") announces that it has granted 1,800,000 stock options to directors and officers of the Company that vest in 90 days. This press release contains "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "will", "plan", "intends", "may", "will", "could", "expects", "anticipates" and similar expressions.
Modi government wins the second term in India. India ETFs are likely to rally but will the gains last on slowing growth and rising earnings downgrades?
Fears of an earnings recession have been there since the start of Q1 earnings. Against this backdrop, let's take a look at which ETFs won this season -- revenue or earnings-weighted?
Novice and young investors alike can reduce some of the daunting element of investing and the associated expenses by embracing exchange traded funds (ETFs). More to the point, investors can make their investing experience easier and more profitable by embracing cheap ETFs.Fortunately for frugal and new investors, the universe of cheap ETFs is expanding at a rapid rate. There are even two U.S.-listed ETFs with no annual expense ratios at all and another that even offers a rebate on its fees.In other words, investors who want to save money on fund fees -- and they should all want to do that because fees adversely impact long-term returns -- have plenty of cheap ETFs to consider, and it is reasonable to expect that list will continue growing as fund issuers continue tussling for investor assets.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks That Are Soaring This Earnings Season For rookie investors seeking the combination of easy-to-understand concepts and cheap ETFs, these are some of the best funds to consider. Cheap ETFs to Invest in: Schwab US Broad Market ETF (SCHB)Expense Ratio: 0.03% per year, or $3 on a $10,000 investment.Broad or total market funds such as the Schwab US Broad Market ETF (NYSEARCA:SCHB) are excellent starting points for new investors, and the good news is many of these are easy to understand. Plus, most of these funds are inexpensive. Just look at SCHB. With annual fee of just 0.03%, SCHB is one of the cheapest ETFs in the U.S."There are a few benefits of weighting by market cap. This approach incorporates the cumulative knowledge aggregated in stock prices to size its positions," said Morningstar in a recent note. "It keeps costs low because it doesn't require fundamental research analysts or skilled stock-pickers, who can be expensive to hire. While the market doesn't always get things right, it has done a good job valuing stocks over the long haul."While SCHB holds 2,443 stocks, a much deeper bench than the S&P 500's, investors should expect it to perform in line with broad market benchmarks over long holding periods. And this cheap ETF gets even cheaper for Schwab clients because they can buy and sell SCHB on a commission-free basis. Vanguard Mega-Cap ETF (MGC)Expense Ratio: 0.07%Many new investors are apt to skew toward large-cap fare. While those investors should be careful to not allocate too much of their portfolios to domestic large caps, there is something to be said for novice investors embracing the most familiar, domestic, big companies. The Vanguard Mega-Cap ETF (NYSEARCA:MGC) is a cheap ETF with umbrella exposure to the largest U.S. companies.This cheap ETF holds 264 stocks with a median market value of $137.4 billion. MGC's top 10 holdings, which include Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN), combine for just over 26% of the fund's weight. * 7 Stocks to Buy That Ought to Buy Back Shares Due to the emphasis on mega-cap stocks, MGC can sport different return profiles than traditional broad market funds. Over the past three years, MGC topped the S&P 500 by about 200 basis points, but the cheap ETF's annualized volatility was the same as the S&P 500's. iShares Core MSCI EAFE ETF (IEFA)Expense Ratio: 0.08%One of the most frequent mistakes made by novice investors is to be under-allocated to or outright ignore international assets. Some of that is derived from the home-country bias investors of all skill levels struggle to shake. Some of that is also attributable to the assumption that international funds are more expensive than their domestic counterparts.That is generally true, but there are still plenty of cheap ETFs in the international equity space. The iShares Core MSCI EAFE ETF (CBOE:IEFA) is a prime example of such a fund. IEFA was created as a cost-effective alternative to traditional MSCI EAFE tracking funds. Today, this cheap ETF has over $63 billion in assets under management, making it one of the largest international ETFs in the U.S.This cheap ETF focuses on developed markets, so its volatility should not scare off novice investors. IEFA's three-year standard deviation of 10.69% compares favorably with the category average. Japan and the U.K. combine for 41.48% of the fund's geographic exposure. SPDR S&P 500 Growth ETF (SPYG)Expense Ratio: 0.04%Factor-based strategies, such as growth or value, are not as daunting as they may appear to novice investors. In fact, cheap ETFs like the SPDR S&P 500 Growth ETF (NYSEARCA:SPYG) are actually very straightforward. SPYG tracks the S&P 500 Growth Index, meaning it is home to domestic large-cap stocks with the growth designation.As has been widely noted, growth has been the place to be over the course of this bull market. Nearly 60% of the S&P 500 resides in SPYG, but there are some important sector differences to consider. For example, this cheap ETF is overweight the technology and consumer discretionary sectors relative to the S&P 500, which is common among growth funds. * 7 A-Rated Stocks That Are Under $10 Microsoft and Amazon combine for 13.42% of this cheap ETF's weight. Over the past three years, SPYG beat the S&P 500 by more than 1,000 basis points while being only slightly more volatile than the benchmark equity gauge. SPDR Bloomberg Barclays Corporate Bond ETF (CBND)Expense Ratio: 0.06%Novice investors should remember the advantages of diversification, and even young investors should not have portfolios constructed entirely of equities. Fortunately, there are plenty of cheap ETFs in the fixed-income universe, and that includes corporate bond funds. Funds such as the SPDR Bloomberg Barclays Corporate Bond ETF (NYSEARCA:CBND) usually feature better income profiles than aggregate bond or Treasury funds.This cheap ETF tracks the Bloomberg Barclays U.S. Corporate Bond Index. That benchmark is "designed to measure the performance of the investment grade corporate bond market which includes publicly issued, investment grade, fixed-rate, taxable, U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. industrial, utility, and financial institutions," according to State Street.CBND holds nearly 5,900 bonds, giving it one of the deepest benches among cheap ETFs in the bond space and has a 30-day SEC yield of 3.63% with an option-adjusted duration of 7.36 years. Nearly 91% of CBND's holdings are rated A or Baa. WisdomTree U.S. LargeCap Fund (EPS)Expense Ratio: 0.08%Recently, and somewhat quietly, the WisdomTree U.S. LargeCap Fund (NYSEARCA:EPS) joined the ranks of cheap ETFs with a fee cut that took its expense ratio down to 0.08%. That is enough to make EPS one of the least-expensive smart-beta funds on the market. Due to its unique weighting methodology, EPS can be an alternative or complement to some of large-cap, cheap ETFs highlighted above.The $263 million EPS ETF follows the WisdomTree U.S. Large Cap Index. That index is fundamentally weighted and includes U.S. companies that "have generated positive cumulative earnings over their most recent four fiscal quarters prior to the index measurement date," according to the issuer. * 7 Cloud Stocks to Buy Now Historically, when EPS tops the S&P 500 on an annual basis, the WisdomTree does not do so by staggering margins. What is important is the frequency with which EPS does beat cap-weighted benchmarks. From 2013 through 2018, this cheap ETF beat the S&P 500 in four of those six years, mostly with comparable volatility. iShares Core Dividend Growth ETF (DGRO)Expense Ratio: 0.08%Dividend ETFs usually have higher fees than traditional equity funds, but there are plenty of dividend funds that are also cheap ETFs. The iShares Core Dividend Growth ETF (NYSEARCA:DGRO) is one example. DGRO, which soon turns five years old, tracks the Morningstar US Dividend Growth Index and holds 479 stocks.DGRO's underlying index requires member firms to have dividend increase streaks of at least five years, and those companies cannot have payout ratios exceeding 75%. The financial services and technology sectors combine for over 35% of DGRO's weight.One of the primary advantages of dividend growth ETFs for any investors, new or experienced, is not only the income stream offered by these funds, but the historical tendency of dividend growth strategies to be less volatile than standard equity funds.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 7 A-Rated Stocks That Are Under $10 * 7 Stocks That Are Soaring This Earnings Season * 5 Biotech Stocks for a Long-Lived Portfolio * 10 Times Apple's Hardware Failed Consumers -- And Hurt Its Business Compare Brokers The post 7 Cheap ETFs for Novice Investors appeared first on InvestorPlace.
The WisdomTree Earnings 500 Fund (NYSEArca: EPS), a smart beta alternative to cap-weighted domestic large-cap equity strategies, has a new, lower fee. The $239.85 million EPS is now charging 0.08% per ...
Small-cap stocks and the corresponding ETFs are delivering for investors. EESEES, which weights its components by earnings, is up nearly 20% this year. The fund is one of several earnings-weighted products from WisdomTree, which also offers the WisdomTree Total Earnings Fund ETF (EXT) and WisdomTree Earnings 500 Fund (EPS) , among others.
Through September 2018, the preceding decade represented the worst 10-year stretch for value stocks. EPS, which turns 12 years old next month, was among the first alternative index based or what we now consider smart beta index ETFs that helped provide investors an alternative to traditional market capitalization-weighted indices. “In 616 of the 679 10-year periods from 1926 through to the end of 1992, the cheap stocks outperformed the expensive stocks, with the median performance advantage greater than 500 basis points (bps) per year,” said WisdomTree in a note out Thursday.
Small-cap stocks and the corresponding exchange traded funds are delivering for investors. The fund is one of several earnings-weighted products from WisdomTree, which also offers the WisdomTree Total Earnings Fund ETF (EXT) and WisdomTree Earnings 500 Fund (EPS) , among others. Specifically, the ETFs track earnings-weighted indices that screen for positive cumulative earnings over their most recent four fiscal quarter period and assigns weights to components to reflect the proportionate share of the aggregate learning’s each company generated, so those with greater earnings have larger weights.