|Bid||11.67 x 1800|
|Ask||15.69 x 1100|
|Day's Range||13.69 - 13.73|
|52 Week Range||10.03 - 18.24|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.47|
|Expense Ratio (net)||0.54%|
Oil and gas exploration and production sector-specific exchange traded funds led the charge on Friday after Chevron (CVX) announced a $33 billion cash and stock deal to acquire Anadarko Petroleum (APC). Among the best performing non-leveraged ETFs of Friday, the VanEck Vectors Unconventional Oil & Gas ETF (FRAK) jumped 6.4% and iShares U.S. Oil & Gas Exploration & Production ETF (Cboe: IEO) advanced 4.4%. The energy sector rallied after Chevron announced a deal to buy Anadarko, with Anadarko shares surging 31.9% late Friday.
News of expected output cuts by Russia, Saudi Arabia and Canada as well as U.S.-Sino trade short-term trade truce boosted Oil and energy ETFs.
VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds.
While the U.S. oil industry is experiencing a boom with the expansion of hydraulic fracturing techniques, energy drillers and fracking-related ETFs may slow down ahead with rising costs eating away at profits. The VanEck Vectors Unconventional Oil & Gas ETF (FRAK) , which tracks North American fracking and oil sands, decreased 6.5% over the past three months. Additionally, the Invesco Dynamic Energy Exploration & Production Portfolio (PXE) and the iShares U.S. Oil & Gas Exploration & Production ETF (Cboe: IEO) , have declined 4.2% and 2.4%, respectively.
No doubt the first half of 2018 presented its challenges, but there are five ETFs to play for the second half of 2018. CSML tracks the results of the Nasdaq Chaikin Power US Small Cap Index utilizing multi-factor model known as The Chaikin Power Gauge. This proprietary tool uses four factors--value, growth, technical, and sentiment--to find winners and thus far, the performance proves their model works: up 2.03 percent year-to-date and 16.33 percent the past year. 2.
Exchange traded funds tracking energy stocks are rebounding and the enthusiasm is not limited to the most conventional funds in the group. For example, the VanEck Vectors Unconventional Oil & Gas ETF (FRAK) is sporting a second-quarter gain of almost 18%. FRAK, which debuted in early 2012, follows the MVIS Global Unconventional Oil & Gas Index.
Research conducted here at VanEck has identified that oil price and the S&P 500 Index can be used to explain most of the performance of oil services stocks historically. Using these variables to generate an expected return for oil services stocks, we can look at the difference between this and the actual return of oil services stocks. Right now, based on these variables, oil services stocks are trading at a substantial discount, and the chart below shows that oil services stocks haven’t been this cheap since 2001.
The VanEck Vectors Real Asset Allocation ETF (RAAX) uses a data-driven, rules-based process that leverages over 50 indicators (technical, macroeconomic and fundamental, commodity price, and sentiment) to allocate across 12 individual real asset segments in five broad real asset sectors. These objective indicators identify the segments with positive expected returns. Then, using correlation and volatility, an optimization process determines the weight to these segments with the goal of creating a portfolio with maximum diversification while reducing risk. ...
What Options Should Investors Consider amid Rising Rates? Targeting corporate floating rate notes and longer average maturity notes may offer greater yield potential. Investors may use such an allocation to either enhance their cash positions or to meaningfully de-risk their portfolios from equity or below-investment grade credit exposures when market volatility becomes less favorable.
The ETF industry has something for everyone -- VanEck Vectors Unconventional Oil & Gas ETF (ticker: FRAK) tracks an index that covers the largest and most liquid companies which are active in what is deemed ...