|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||186.67 - 188.11|
|52 Week Range||156.13 - 205.47|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.18|
|Expense Ratio (net)||0.07%|
Mid-cap stocks and funds are often overlooked relative to large- and small-cap equivalents. Historical data confirm that should not be the case because mid caps typically outperform larger stocks while ...
Investors have literally thousands of exchange-traded funds (ETFs) to choose from. Considering most portfolios only need a handful, that makes picking the best ETFs a daunting task. More than a dozen funds track well-known basic indexes such as the Standard & Poor's 500-stock index, Dow Jones Industrial Average and Russell 2000. Scores of other ETFs try to beat those benchmarks by carving out certain types of stocks or bonds, or by emphasizing things such as value or share-price momentum - anything to give them an edge. We've picked The Kiplinger ETF 20 with an eye toward low fees, making this a list of the 20 best cheap ETFs to use to reach your investing goals. Our selections will give you anything from broad market exposure to narrow tactics meant to help you fill specific gaps in your portfolio. Check out our analysis of these 20 high-quality ETFs. ### SEE ALSO: The 19 Best ETFs for a Prosperous 2019
One of the biggest problems investors face is balancing growth potential while reducing risk. Go too safe with your portfolio and you'll miss out on potential returns. Head in the opposite direction and volatility sets in and could significantly hinder your overall results. It's a real balancing act. But perhaps the best way to balance is being in the middle. In this case, we're talking about mid-cap stocks and the exchange-traded funds that track them. The holdings within mid-cap ETFs are typically defined as companies between $2 billion and $10 billion in market capitalization. However, some definitions have larger market caps. The beauty is that mid-cap stocks are still growing like small-cap stocks, but they are large enough to stand on their own two feet. This gives them the best of both worlds. Most importantly, mid-cap ETFs and stocks perform. Over the last ten years, the mid-cap focused S&P 400 has managed to produce a 15.44% annual return. That has managed to beat the large-cap S&P 500 by roughly a full percentage point and it beat the return on small-caps during that time too. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 of the Best Stocks to Invest In for February In the end, mid-cap stocks remain one of the best things you can do for your portfolio. And the following three mid-cap ETFs are a great way to add/overweight the market-cap style in your portfolio. ### ### iShares Core S&P Mid-Cap ETF (IJH) Expense Ratio: 0.07% or $7 annually per $10,000 invested If you're looking for broad, no-fuss exposure to mid-cap stocks, then the iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) can't be beaten. IJH tracks the previously mentioned S&P 400 and uses a full-replication strategy to produce results. This means it actually holds all 400 different mid-cap stocks in the index. Top holdings include well-known names like Domino's Pizza (NYSE:DPZ) and garden/power tool maker Toro (NYSE:TTC). This alone makes it worthy of consideration in a portfolio. But the real win, and the reason why it has gathered more than $45 billion in assets, is its low-cost fees. As one of the members of iShares' core ETFs, IJH is basically free to own with an expense ratio of just 0.07% or just $7 per $10,000 invested. The popular SPDR S&P Mid-Cap 400 ETF (NYSEARCA:MDY), which tracks the same index, is about 4x more expensive. With lower fees, the IJH has managed to outperform the MDY over their histories. And it'll keep on doing so. When it comes to investing, every little bit helps when compounded over time. And with that, investors should almost always choose IJH as their main index way to play mid-cap stocks. ### ### WisdomTree U.S. MidCap Dividend Fund (DON) Expense Ratio: 0.38% One of the biggest misconceptions is that small- and mid-cap stocks can't pay dividends. The idea is that they are forced to keep all their extra cash flows in order to grow their businesses. This couldn't be further from the truth. In fact, mid-cap stocks are some of the best dividend growers around. The size of the company has little to do with the stability of earnings, profits and financial conservativism. To that end, income seekers may want to consider adding mid-cap dividend payers to their portfolios and the WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) is the best way to do it. DON tracks the proprietary WisdomTree U.S. MidCap Dividend Index. Here, the ETF is fundamentally weighted and designed "to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year." Currently, DON holds more than 400 different mid-cap stocks that pay dividends. Top holdings include retailer Kohl's (NYSE:KSS) and consumer products firm Smucker's (NYSE:SJM). The focus on dividend payers produces a pretty decent yield, which is currently at 2.84%. An added bonus for retirees is that the ETF pays its dividend monthly. * 7 Best ETFs for a Well-Balanced Portfolio The focus on dividends hasn't hurt its performance either. Kicking out the fastest growing mid-cap stocks has allowed DON to produce a 13.48% average annual return over the last ten years. That's not shabby at all. Helping that cause is its low 0.38% expense ratio. ### Source: Shutterstock ### ### Invesco S&P MidCap Low Volatility ETF (XMLV) Expense Ratio: 0.25% Naturally, mid-cap stocks -- and many mid-cap ETFs -- are a tad bit more volatile than their larger sisters. For investors near or in retirement, this added volatility can cause some restless nights. But there is a way to cut that bounciness further and still benefit from all the good things that mid-caps have to offer. The Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) is a smart-beta ETF that uses various screens to kick out high-volatility stocks in order to capture the upside of the market and simultaneously eliminate the downside risk. The idea is that betting on stocks that have historically shown lower overall volatility will result in a smoother ride for portfolios. The benefits of a low-vol strategy work wonders when moving down the market-cap ladder. XMLV combs the previously mentioned S&P 400 and chooses the 80 stocks that have been the least volatile over the last 12 months. The strategy has worked wonders. Over the last five years -- it's a new fund -- the ETF has managed to return 11.77% annually. This compares to the S&P 400's 6.03% return. And XMLV has produced that return with far fewer market movements. For investors with shorter timelines or the inability to recoup losses, using XMLV could be a great way to play the potential of mid-cap stocks, while reducing loss potential. And they can do it for a cheap 0.25% in expenses and score a 2% yield. As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks to Buy Right Now * 7 Stocks That Have Big Headwinds In 2019 * 5 Terrific Tech Stocks That Will Make You Forget About FANG Compare Brokers The post 3 Mid-Cap ETFs to Buy for Massive Growth Potential appeared first on InvestorPlace.
Companies with market values of $2 billion to $10 billion are selling at cheaper valuations than large-caps and small-caps.
With the markets in recovery mode, the middle-capitalization category and related ETFs have been outperforming the S&P 500 as investors look to a cheap area to jump back into. Among the largest mid-cap ETFs by assets, the iShares Core S&P Mid-Cap ETF (IJH) rose 6.8%, Vanguard Mid-Cap ETF (VO) gained 5.8% and SPDR Mid-Cap 400 (MDY) increased 6.8% so far this year, compared to the 4.4% advance in the S&P 500. Mid-cap stocks are now less expensive than smaller and larger peers after the stock market's fourth quarter sell-off, the Wall Street Journal reports.
Of the analysts tracking NOW (DNOW) on May 23, ~36% recommended “buy” or some equivalent, 64% recommended “hold,” and none recommended “sell.” DNOW comprises 0.09% of the iShares Core S&P Mid-Cap ETF (IJH), which provides exposure to the oil and gas equipment and service segment. Between February 23 and May 23, the percentage of analysts recommending “buy” or some equivalent for DNOW rose from 33% to 36%, while “hold” recommendations fell. Analysts’ mean target price for DNOW on May 23 was $14.10, implying a ~3% downside based on its price of ~$14.60.
The US Federal Reserve considers the state of the employment market and the level of inflation (TIP) when making monetary policy decisions. Unemployment in the US is at a multi-decade low, leading to a shortage of skilled labor and forcing employers to increase wages to attract employees. The Conference Board Leading Economic Index (or LEI) uses average weekly initial claims as a constituent in its economic model rather than the popular non-farm payrolls because weekly claims, when adjusted for seasonality, provide a more accurate account of underlying economic conditions.
ADP, a human capital management solution provider, releases a monthly report on US non-farm employment. The report captures the change in the number of jobs added across different sectors in the US. ADP claims to process the payrolls of more than 24 million US workers, which provides first-hand insight into the US employment market. The monthly report is prepared using actual and anonymous payroll data from 411,000 US clients that ADP services. The report precedes the monthly non-farm payrolls report from the BLS (Bureau of Labor Statistics). ...
The first week of any month sets the tone for financial markets (VOO). US markets could be influenced by multiple economic reports scheduled this week. Reports on personal spending, personal income, core personal consumption expenditure, the manufacturing (XLI) and non-manufacturing PMI, non-farm payrolls, the unemployment rate, and average hourly earnings are all scheduled to be reported this week. Below is a list of the important economic reports scheduled this week.
The ADP March jobs report was published on April 4, 2018. It offered a deeper insight into employment trends across different sectors in the US employment market. ADP and Moody’s analytics prepare this monthly report.
ADP, a human capital management solutions provider, releases a monthly report on US non-farm employment. Changes to the level of hiring and gains in employment across different sectors in the United States are captured in the report. ADP processes the payrolls of more than 24 million workers in the United States, which gives the organization a unique insight into the US employment market.