36.50 -0.31 (-0.84%)
After hours: 6:14PM EST
|Bid||36.60 x 3200|
|Ask||37.28 x 3200|
|Day's Range||36.78 - 37.44|
|52 Week Range||32.38 - 38.70|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.78%|
|Beta (5Y Monthly)||0.62|
|Expense Ratio (net)||0.08%|
While U.S. markets are hovering near record highs, high net-worth investors are wary of what the future may hold and are getting more defensive. ETF investors can also shift their portfolios into a more defensive posture through sector-specific strategies. According to a survey conducted by E-Trade Financial, the percentage of affluent investors who anticipate a stock market pullback in the fourth quarter has doubled, CNBC reports.
With unemployment low and the U.S. consumer still strong, it's easy to see why some of the most widely held consumer ETFs are performing well.
In face of mounting concerns and heightened risks, investors can look to ETFs to give their portfolios a defensive tilt. Morgan Stanley’s Mike Wilson, one of Wall Street’s most skeptical strategists, advised ...
Consumer Staples ETFs have been firing on all cylinders in the past three months, beating their discretionary counterparts. Let's find out what's driving the rally.