|Bid||51.09 x 800|
|Ask||51.14 x 1000|
|Day's Range||51.08 - 51.14|
|52 Week Range||47.88 - 51.26|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||2.03%|
|Beta (5Y Monthly)||1.25|
|Expense Ratio (net)||0.24%|
Sustainable investing is much more than a new buzz phrase in the investment community. It comes with real implications and real opportunities, both of which extend to the fixed income universe.
The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Some of the biggest companies in the marijuana industry include Cronos Group Inc. (CRON), Tilray Inc. (TLRY), and OrganiGram Holdings Inc. (OGI). Marijuana stocks, as represented by the ETFMG Alternative Harvest ETF (MJ), have substantially underperformed the broader market, providing investors with a total return of -46.4% compared to the S&P 500's total return of 26.8% over the past 12 months.
The municipal bond market is evolving and some index funds and ETFs have kept pace with that evolution. One that really has is the VanEck Vectors Municipal Allocation ETF (MAAX).
With major U.S. and Asian stock indexes bleeding on escalating Sino-US trade war tensions, let's see whether it is the right time to switch to bond ETFs.
Some municipal bond exchange traded funds hold a lot of those bonds, but many of those funds focus on certain types of municipal debt or specific durations and maturities. A new ETF offers investors a ...
Historically, gaining access to municipal bonds through an index strategy has been difficult because the muni bond market is much more fragmented and expensive to trade than other fixed-income markets. An index-tracking fund like Vanguard Tax-Exempt Bond ETF VTEB now features exceptionally low tracking error, making it a solid choice for exposure to the broader municipal-bond market. VTEB offers broad exposure to investment-grade municipal bonds and is one of the cheapest funds in the muni national intermediate Morningstar Category, earning a Morningstar Analyst Rating of Silver.