|Bid||14.20 x 3200|
|Ask||14.24 x 45100|
|Day's Range||14.17 - 14.40|
|52 Week Range||11.74 - 14.46|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||N/A|
|Expense Ratio (net)||0.18%|
Ray Dalio, the founder and CEO of Bridgewater, the world’s largest hedge fund company by assets under management, sees gold as a key asset as central banks get more hawkish with policies that devalue currencies and are likely to cause a “paradigm shift” in investing. The Bridgewater CEO believes that investors have been driven into stocks and other assets that have equity-like returns. As a result, too many people are allocated into these types of securities and are therefore likely to face diminishing returns.
While stocks are selling off today following two days of fresh all-time highs, after President Trump issued words of caution on China trade talks, gold and silver may be prepping for a bigger tick up. ...
Gold ETFs, including the SPDR Gold MiniShares (NYSEArca: GLDM) and SPDR Gold Shares (NYSEArca: GLD), were widely embraced by investors seeking safe assets last month. “Holdings in global gold-backed ETFs ...
The fear that had increased over the last few days as investors awaited two days of Fed Chair Jerome Powell’s “Humphrey Hawkins” testimony to Congress that commenced Wednesday evaporated rapidly, with the markets jumping to fresh highs as Powell supported the argument for easing monetary policy. In written testimony to the House Financial Services Committee, Powell claimed that business investments throughout the U.S. have languished “notably” recently as uncertainties over the economic outlook persist. “Crosscurrents have reemerged,” Powell said.
While gold prices have backed off some after posting solid gains recently, peaking at $1,422.85 on June 25, some analysts are predicting a rally to $2,000 per ounce by the conclusion of 2019. After a lethargic ...
As gold ETFs, including the SPDR Gold MiniShares (NYSEArca: GLDM) and SPDR Gold Shares (NYSEArca: GLD), rallied last month, holdings of bullion in those funds surged, too. In June, gold traded near its ...
Gold ETFs, including the SPDR Gold MiniShares (GLDM) and SPDR Gold Shares (GLD) , have been supported by an array of factors this year, including global central banks' increasing affinity for bullion. Gold ETFs are pushing to upside amid increased expectations of a U.S. rate cut, even as some investors locked in profits from bullion’s recent rally. Gold is believed by many investors to be inversely correlated with interest rates.
State Street's (NYSE:STT) SPDR brand is one of the most recognizable brands in the ETF universe. With that superior brand recognition comes heft. As of June 26, SPDR is the third-largest U.S. ETF sponsor and has $642.6 billion in ETF assets under management. That is more than triple the amount of its next-largest peer.In terms of sheer population, there are hundreds of SPDR ETFs, but among the issuer's most well-known offerings are the SPDR S&P 500 ETF (NYSEARCA:SPY), the world's largest ETF; the SPDR Gold Shares (NYSEARCA:GLD), the world's largest gold-backed fund; and a the largest (by assets) lineup of sector ETFs, including the Financial Sector Spider ETF (NYSEARCA:XLF).SPDR ETFs span an array of asset classes, including stocks, bond, commodities and real estate, among others. Additionally, there are some inexpensive SPDR ETFs, meaning frugal investors can find plenty of funds to embrace in the SPDR lineup.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks That Should Be Every Young Investor's First Choice You probably already know about the likes of GLD and SPY, so let's look at some other SPDR ETFs that may merit a place in your portfolio. SPDR S&P Dividend ETF (SDY)Source: Shutterstock Expense ratio: 0.35% per year, or $35 on a $10,000 investment.SPDR ETFs include several dividend funds and the SPDR S&P Dividend ETF(NYSEARCA:SDY) is one of the gems of the bunch. Home to $18.54 billion in assets under management, SDY is one of the largest dividend ETFs, but this SPDR ETF impresses on several other fronts, including its status as a clear quality play.SDY targets the S&P High Yield Dividend Aristocrats and while that index overtly says "high yield" in its name, this SPDR ETF is a credible dividend growth play because the index requires member firms to have dividend increase streaks of at least 20 years. That is one of the longest such requirements among all dividend funds."Due to the index screen for 20 years of consecutively raising dividends, stocks included in the Index have both capital growth and dividend income characteristics, as opposed to stocks that are pure yield," according to State Street.SDY holds 112 stocks and allocates over a third of its combined weight to the industrial and financial services sectors. SPDR S&P Bank ETF (KBE)Source: Shutterstock Expense ratio: 0.35%Speaking of the financial services sector, one of the best SPDR ETFs to consider over the near-term is the SPDR S&P Bank ETF (NYSEARCA:KBE). Unlike the aforementioned XLF, KBE is dedicated to bank stocks, meaning investors will not find diversified financial companies or property and casualty insurance providers in this SPDR ETF.KBE is up nearly 16% year-to-date, an impressive resurgence after bank stocks languished in 2018. More good news for this SPDR ETF and rival bank funds emerged on June 28 following the completion of the Federal Reserve's Comprehensive Capital Analysis and Review, or CCAR. * 3 Dow Jones Stocks to Buy for the Second Half To put things simply, the CCAR results pave the way for many of the largest U.S. banks, including plenty of KBE components, to significantly boost dividends and share repurchase efforts. KBE yields just 2.11% so there is plenty of room for dividend growth with this SPDR ETF. SPDR Gold MiniShares Trust (GLDM)Source: Shutterstock Expense ratio: 0.18%Gold has been a torrid pace, putting the spotlight on related ETFs, including the SPDR Gold MiniShares Trust (NYSEARCA:GLDM). A simple way of looking at this SPDR ETF is that it is the cost-effective counterpart to the aforementioned GLD."Shares of GLDM are designed for investors who want a cost-effective and convenient way to invest in gold and will be offered on a continuous basis," according to State Street.In late June, GLDM celebrated its first birthday and the SPDR ETF has more than $788 million in assets under management, indicating investors like a good deal with gold ETFs, too.With the Federal Reserve poised to lower interest rates and the dollar already weakening, this SPDR ETF could continue surging over the near term. SPDR Portfolio Emerging Markets ETF (SPEM)Source: Shutterstock Expense ratio: 0.11%With $2.74 billion in assets under management, the SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) is not a small SPDR ETF, but it is overlooked relative to some other emerging markets ETFs offered by rival issues. That said, SPEM has at least one thing going for it: currently, it is the cheapest emerging markets ETF available in the U.S.SPEM offers broad, cost-effective emerging markets exposure as it holds 1,542 stocks from nearly 30 countries. Investors should note South Korean stocks are not part of this SPDR ETF because SPEM tracks and S&P index and that index provider classifies South Korea as a developed market. China, Taiwan and India combine for about 59% of SPEM's geographic exposure. * 3 Energy Stocks to Trade Now With Confidence Due to the lack of South Korea exposure, investors should expect SPEM to generate significantly different returns over the long-term than the MSCI Emerging Markets Index. This SPDR ETF has adequate exposure to growth sectors with communication services and consumer discretionary names combining for about a quarter of the fund's roster. SPDR Bloomberg Barclays Convertible Securities ETF (CWB)Source: Shutterstock Expense ratio: 0.40%SPDR ETFs featured an extensive lineup of fixed funds, including some products with niche focuses. For its part, the SPDR Bloomberg Barclays Convertible Securities ETF (NYSEARCA:CWB) is the dominant name among convertible bond ETFs and index funds.In the fixed income space, convertibles are one of the segments with high correlations to equities because convertible bonds can be converted into common stock of the underlying issuer. With that in mind, it is not surprising to see CWB perform well when equities are doing the same.Though this point may be rendered moot over the near-term because the Fed could lower interest rates, long-term investors may want to consider CWB because convertible bonds often outperform other fixed income assets when interest rates rise. Due to its upside linkage to equities, that is CWB's primary form of investor compensation, meaning the fund is a lower yielder compared to traditional corporate bond ETFs. SPDR S&P Biotech ETF (XBI)Source: Shutterstock Expense ratio: 0.35%The SPDR S&P Biotech ETF (NYSEARCA:XBI) is one of the most popular biotech ETFs and sets itself apart in a crowded field by being an equal-weight, not a cap-weighted fund. This SPDR ETF's 119 holdings have a weighted average market value of $10.3 billion, indicating this is primarily a mid-cap fund.XBI's weighting methodology leads to vastly different returns relative to its cap-weighted rivals. While the tilt to smaller stocks makes this SPDR ETF more volatile than cap-weighted biotech funds, XBI has outperformed the Nasdaq Biotechnology Index by a margin of better than 2-to-1 over the past three years.This SPDR ETF is up nearly 20% year-to-date and some market observers see more upside coming for biotechnology stocks and ETFs. * 7 Stocks on Sale the Insiders Are Buying "In the last month this group has actually been the best-performing sector of any of the major groups," said Newton Advisors technical analyst Mark Newton in an interview with CNBC. "Just in the last couple of weeks, you've seen this entire downtrend since late last year be broken in health care relative to the S&P," he said of a trendline stretching from its peak in December to mid-May." SPDR S&P International Dividend ETF (DWX)Source: Shutterstock Expense ratio: 0.45%The SPDR S&P International Dividend ETF (NYSEARCA:DWX) is over 11 years old and has nearly $833 million in assets under management, so this SPDR ETF is neither new nor small, but it can be overlooked. Still, DWX is a practical option for investors looking for exposure to high dividend ex-US stocks.This SPDR ETF "seeks to provide exposure to the 100 highest yielding international common stocks that have passed certain sustainability and earnings growth screens," according to State Street.DWX is a focused fund with just 97 holdings, but its dividend yield of 4.03% is more than double that of the S&P 500. Up nearly 13% year-to-date, DWX is outperforming the MSCE EAFE Index by about 100 basis points.DWX provides exposure to 20 countries, three of which are developed markets, but Canada and Australia combine for almost 34% of the fund's weight.Todd Shriber owns shares of XLF. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Should Be Every Young Investor's First Choice * 5 IPO Stocks to Buy -- According to Wall Street Analysts * The Top 10 Best Sectors in the Market for 2019 The post 7 of the Best SPDR ETFs -- Besides SPY and GLD appeared first on InvestorPlace.
The market expectation of future rate cuts by the Federal Reserve saw gold surpass its 5-year high last week after the central bank said it “will act as appropriate to sustain” economic expansion. Gold prices took a breather by falling below the $1,400 price level to start the trading week, but it could be the precursor to more gains ahead. “What we’re likely to see is some interest in terms of the share price rising, but we’re also going to see a rush of companies running to their bankers hoping to raise money with this increase in the gold price,” said Brent Cook of Exploration Insights.
Leading cryptocurrency Bitcoin, dubbed "digital gold," is having astronomical gains this year, but the precious metal itself has been maintaining its status as a go-to safe haven with its latest price increases as well--who comes out on top? Bitcoin recently broke through the $13,000 price barrier, rising to its highest level in 17 months on Wednesday. This new group helps highlight how Bitcoin and crypto adoption is spreading,” said Michael Moro, CEO of digital currency trading platform Genesis Global Trading.
Gold exchange-traded funds (ETFs), including the SPDR Gold MiniShares (NYSEArca: GLDM) and SPDR Gold Shares (NYSEArca: GLD), continued trading higher Tuesday with some market observers saying the recent ...
Leading cryptocurrency Bitcoin crossed the $11,000 mark on Monday to hit a 15-month high amid the hype over social media giant Facebook and its latest cryptocurrency offering. Overall, Bitcoin is up 170 percent for the year to help erase memories of its unceremonious crash last year after reaching $20,000 in late 2017. Instead of checking their banks to ensure their direct deposit went through, Facebook employees could open their cryptocurrency wallets on pay day as the social media giant will be rolling out its own digital currency soon.
Dovish comments from the Federal Reserve Wednesday lifted the fortunes of gold exchange-traded funds (ETFs) like the SPDR Gold MiniShares (NYSEArca: GLDM) and SPDR Gold Shares (NYSEArca: GLD) Thursday ...
To an optimistic capital market, that meant the door was open for interest rates to fall in 2019 after staying static thus far through the middle of the year. March 17, 2014 saw gold at $1,383.81, but following the interest rate announcement, gold went past the $1,380 mark. Leveraged exchange-traded fund (ETF) traders rejoiced, which saw funds like the Direxion Daily Gold Miners Bull 3X ETF (NUGT) rise.
Bitcoin, the largest cryptocurrency by market value, is often compared to gold, a comparison some supporters of both assets take issue with. One marquee for investors is that there are a number of gold-related ETF strategies, including the SPDR Gold Shares (NYSEArca: GLD) , SPDR Gold MiniShares Trust (GLDM) and SPDR Long Dollar Gold Trust (NYSEArca: GLDW) , but there are not yet any bitcoin-backed ETFs. While some may point out that gold demand increased due to heightened risks and a shift to safety, gold demand has been driven by both tactical and strategic investments.
The prospect of a Federal Reserve rate cut saw U.S. equities and gold rise ahead of the Federal Reserve's interest rate policy decision on Wednesday. U.S. markets came to life on Tuesday, which also resuscitated the Asian markets on Wednesday after optimism from improved prospects of a U.S.-China trade deal came when U.S. President Donald Trump said in a tweet he “had a very good telephone conversation” with Chinese President Xi Jinping.
Leading cryptocurrency Bitcoin crossed the $9,000 mark for the first time since May 2018 amid the hype over social media giant Facebook and its latest cryptocurrency offering. Instead of checking their banks to ensure their direct deposit went through, Facebook employees could open their cryptocurrency wallets on pay day as the social media giant will be rolling out its own digital currency soon. This news is setting the cryptocurrency space abuzz with optimism as Bitcoin reached a high of $20,000 near the end of 2017 and fell over 70 percent since, but is climbing back to prominence again following this news.
May's market oscillations certainly gave investors a thrilling ride on the volatility roller coaster and this is exactly what hedge fund manager and philanthropist Paul Tudor Jones saw coming as early as last year. Now, Jones has the prescience to forecast rate cuts instituted by the Federal Reserve. The investing prowess of Jones was on display as he was able to forecast May's volatility.
Gold received a vote of confidence from hedge fund manager and philanthropist Paul Tudor Jones who says that if the commodity can break the $1,400 price barrier, it could reach $1,700 quickly. With trade wars looming coupled with a more dovish central bank, gold is what Jones is eyeing within the next two years. “[Gold] has everything going for it,” said Jones.
Gold ETFs may provide a way for investors to manage downside risks and optimize outcomes for the year ahead. On the recent webcast, How Bright Can Gold Shine in 2019?, Mike Arone, Chief Investment Strategist, ...
In such a volatile market environment, it is important for advisors to consider investment options that can help diversify investor portfolios and generate uncorrelated returns from traditional stocks ...
While stocks rebounded last week, gold and the related exchange traded funds continued soaring with the SPDR Gold Shares (GLD) and SPDR Gold MiniShares (GLDM) gaining more than 3% apiece. GLD, the world's largest gold ETF, is up nearly 4% since the start of June. Against the current backdrop of the U.S. trade war with China, the fear and uncertainty that accompany the rampant volatility, and the worst May selloff for stocks in 50 years now, gold prices will continue to rise this year, according to one financial executive.