|Bid||6.14 x 40000|
|Ask||6.18 x 309400|
|Day's Range||6.17 - 6.53|
|52 Week Range||6.17 - 39.29|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-72.29%|
|Beta (5Y Monthly)||-2.21|
|Expense Ratio (net)||0.95%|
Last Friday, the Dow Jones Industrial Average plummeted by 600 points amid investor fears of the coronavirus outbreak having a negative impact on global economies. It was the largest sell-off since August, ...
Leveraged ETFs use the futures markets to magnify the returns of a specific index. These ten leveraged ETFs are the most popular with investors.
The third quarter corporate earnings season is looking gloomy and could test a market that has already been rocked by weak economic data and ongoing trade risks. According to FactSet, a number of companies, such as Wynn Resorts Ltd., Macy’s Inc. and Tyson Foods Inc., are already trying to temper investors' expectations ahead of the coming earnings season, warning that Q3 results could be lower than analysts had expected, the Wall Street Journal reports. Wall Street analysts have been cutting back earnings expectations for all 11 sectors in the S&P 500 in recent months as well.
Hawkish Fed outlook and renewed trade tensions shook the market to start August. These inverse ETF areas could be on a tear in the near term.
As the earnings season begins, ETF investors should keep in mind that the upcoming quarterly results may come up short compared to what we have been accustomed to. If the estimate for a decline holds up, it would mark the first time the S&P 500 reported two straight quarters of year-over-year earnings declines in three years.