65.81 -0.07 (-0.11%)
Pre-Market: 7:29AM EDT
|Bid||65.64 x 2900|
|Ask||0.00 x 1100|
|Day's Range||65.14 - 66.86|
|52 Week Range||30.32 - 70.39|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||77.87%|
|Beta (3Y Monthly)||3.40|
|Expense Ratio (net)||0.95%|
The Wall Street logged in the strongest performance in more than a decade for the first half of the year. We have highlighted nine leveraged equity ETFs that piled up more than 60% returns in the first half.
The Nasdaq Composite's short-term memory of its 4.36 percent loss in 2018 is warranted given its 19.22 percent gain thus far in 2019. The Nasdaq Composite is the best-performing index among its U.S. equities peers--the Dow Jones Industrial Average is up 10.72 percent YTD while the S&P 500 is up 14.52 percent YTD. The Nasdaq can certainly tip its hat to the tech sector, which comprises a majority of the index--tech has been a stellar performer thus far this year after getting roiled in the final quarter of 2018.
Using inverse ETFs can offer a chance to make money even when the stock market is heading south. But how do they work and how safe are they?
The S&P 500 and Nasdaq Composite Index logged in the best week since 2011 on optimism over the U.S.-China trade truce and a dovish Fed view.
ETF investors are looking at the equity market correction as a good buying opportunity to get in on the cheap. Some of the hardest hit areas of the recent sell-off have also been among the most popular areas ETF investors are diving back into. For example, over the past week, the Communication Services Select Sector SPDR Fund (NYSEArca: XLC) , which includes many prominent media and internet names, attracted $972 million in net inflows, according to XTF data.