148.31 0.00 (0.00%)
Pre-Market: 8:15AM EDT
|Bid||148.28 x 800|
|Ask||0.00 x 1200|
|Day's Range||147.77 - 148.40|
|52 Week Range||119.35 - 151.84|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Newmont and Goldcorp Merge, Form World’s Largest Gold Company(Continued from Prior Part)World’s largest gold-mining company The completion of the Newmont Mining (NEM) and Goldcorp (GG) merger on April 18 created the world’s largest gold
Wall Street pros, the analyst community and individual investors alike were thrown for a loop in 2018. American tariff disputes with the rest of the world, wild energy-price swings and global growth concerns not only ravaged the market at various points, but also has the experts preaching caution as we enter the new year. The best ETFs for 2019, then, are going to need to accomplish a couple specific goals.For one, you'll want some ETFs that position you defensively while still allowing you to enjoy at least some upside should the market head higher despite all the headwinds it faces. Numerous expert market outlooks have the Standard & Poor's 500-stock index climbing in 2019, but none of them are exuberant and all of them warn of numerous potential pitfalls. Anchoring your portfolio with funds that emphasize, say, low volatility or income can put you in a strong position no matter what the market brings.You also need to take your shots - stocks may end up being sluggish as a whole, but that doesn't mean certain areas of the market can't explode all the same. So some of the top ETFs for the year ahead will focus on specific sectors, industries and even other areas of the world to try to generate outperformance.Here are the best ETFs to buy for 2019. These 19 funds run the gamut, from highly diversified baskets invested in thousands of companies, to concentrated portfolios that use just a couple dozen stocks to benefit from a specific theme. There are ETFs for conservative investors and risk takers alike. And while most of these picks are passive index funds, there are even a few ETFs that tap the brainpower of skilled active management. Take a look: SEE ALSO: The 27 Best Mutual Funds in 401(k) Retirement Plans
What’s an investor to do when 10 years into an economic recovery, global economies and markets still need low rates and government “stimulus”? This week, the International Monetary Fund lowered its forecast for global GDP growth for the third time in six months. The pattern is clear: As soon as governments or central banks turn off the monetary spigot or try to return to “normal” policies, markets and economies falter.
Once you've made all of those 401(k) and IRA contributions, investing in a taxable account may be your only option. You'll also want to employ a taxable account if you expect to tap the account prior to retirement. Whereas tax-sheltered retirement-savings vehicles generally carry at least some strictures to pulling your money out early (save for withdrawals of Roth IRA contributions, which are always tax- and penalty-free), you can come and go as you please in a taxable account.
The classic minimalist portfolio consists of three funds: one broad-market U.S. stock index fund, one broad-market international-stock index fund, and a total bond market index fund. Such a portfolio, the likes of which I wrote about last week, is cheap, well-diversified, and low-maintenance.
Job Market Rebounds in March, Markets Breathe Sigh of ReliefJob additions beat expectations The US (IVV) jobs report for March was released on April 5. Job additions in the country came in at 196,000 in March, which was higher than expected.
Wall Street Is on High Alert ahead of US Jobs Report ReleaseUS jobs reportThe Department of Labor (VTI) is scheduled to release March employment data on April 5. This release has gained increased importance because February employment data came in
A version of this article was published in the February 2019 issue of Morningstar ETFInvestor. Download a complimentary copy of Morningstar ETFInvestor by visiting the website. Tactical-allocation funds aim to deliver better absolute or risk-adjusted returns than static allocation funds by deftly switching exposure among asset classes.
A version of this article was published in the February 2019 issue of Morningstar ETFInvestor. Download a complimentary copy of Morningstar ETFInvestor by visiting the website. While targeting assets with strong recent performance appears to have been a winning strategy on paper, there are challenges with putting it into practice.
A version of this article was published in the January 2019 issue of Morningstar ETFInvestor. Download a complimentary copy of Morningstar ETFInvestor by visiting the website. Building a strong portfolio foundation is one of the most important things you can do to maximize your odds of investment success.
Morgan Stanley: ‘Get Defensive’ on Inverted Yield Curve(Continued from Prior Part)Morgan Stanley bearish on S&P 500 Morgan Stanley chief equity strategist Michael Wilson’s year-end target for the S&P 500 (SPY) is among the most bearish
Could Gold Prices Rise as Market Concerns Increase?(Continued from Prior Part)Fed’s dovish stanceThe markets have been cautious since the Fed’s two-day policy meeting ended on March 20. The Fed signaled no rate hike in 2019 and an end to balance
In the investment community, millennials get plenty of attention. Whether it is the wealth millennials stand to one day inherit from their parents, trends tied to the generation's spending habits or the specific investments being embraced by millennials, the generation with birthdays ranging from 1980 to 2000 is on Wall Street's radar in significant fashion.One thing is clear: millennial investors like exchange-traded funds (ETFs). According to a Charles Schwab survey released in June 2018, nine in 10 millennials view ETFs as important to portfolios and a third of those investors have dumped other investments in favor all-ETF portfolios. Even if they're not millennial ETFs specifically, they like investing with these funds."The move is coming at the expense of individual stocks, with more than half of millennials surveyed saying they dumped all their equity holdings for ETFs," according to CNBC.InvestorPlace - Stock Market News, Stock Advice & Trading TipsETFs are an ideal way for other investors to access millennial themes and trends, but investors should note there are important differences between "millennial ETFs," or those that appear geared toward themes tied to this generation, and ETFs millennials themselves like. * 10 Stocks on the Rise Heading Into the Second Quarter Let's take a look at some millennial ETFs as well as some other funds younger investors often embrace. Millennial ETFs: Vanguard Total Stock Market ETF (VTI)Expense Ratio: 0.04%, or $4 per $10,000 invested annually.Millennials' reasons for embracing ETFs are basically the same as the reasons found among other generations. Among other reasons, millennials like having the ability to access a broad basket of stocks under one umbrella at a low cost. The Vanguard Total Stock Market ETF (NYSEARCA:VTI), while not a millennial ETF specifically, checks all of those boxes.With its annual fee of just 0.04%, VTI is cheaper than all but a handful of U.S.-listed ETFs and this Vangurd fund is one of just four ETFs with more than $100 billion in assets under management.VTI holds nearly 3,600 stocks with a median market value of $70.3 billion, but its holdings span the large-, mid- and small-cap segments. The technology and financial services sectors combine for more than 39% of VTI's weight. Invesco QQQ (QQQ)Source: Shutterstock Expense Ratio: 0.2%The Invesco QQQ (NASDAQ:QQQ), the Nasdaq-100 tracking ETF, is not a dedicated millennial ETF either, but like the aforementioned VTI, this is one of the most popular ETFs among "Gen Y" investors. QQQ recently turned 20 years old, meaning some of the older millennials that have been actively following financial markets for significant portions of their lives grew up with QQQ.QQQ has credibility as a millennial ETF because many of the fund's marquee holdings are purveyors of products and services widely used by millennials. Apple (NASDAQ:AAPL), Amazon.com (NASDAQ:AMZN) and Facebook (NASDAQ:FB) combine for over 24% of QQQ's weight. * 5 Cloud Stocks to Help Your Portfolio Fly Another reason QQQ has credibility as a millennial ETF is the fund's almost 62% weight to growth stocks. Younger investors can be more heavily allocated to growth stocks than retirement investors because the benefit of time allows younger investors to ride out some of the volatility associated with growth fare. Global X Millennials Thematic ETF (MILN)Expense Ratio: 0.68%As its name implies, the Global X Millennials Thematic ETF (NASDAQ:MILN) is in fact a millennial ETF. MILN, which debuted nearly three years ago, tracks the Indxx Millennials Thematic Index.This millennial ETF's holdings "come from a broad range of categories, including: social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services," according to Global X.MILN is heavily exposed to the communication services and consumer discretionary sectors and the fund features plenty of large-cap fare, such as Amazon, Starbucks (NASDAQ:SBUX) and Netflix (NASDAQ:NFLX).While this millennial ETF is performing admirably in 2019 with a gain of over 20%, adoption of the fund has been slow as highlighted by its roughly $35 million in assets under management. ETFMG Alternative Harvest ETF (MJ)Source: Shutterstock Expense Ratio: 0.75%The status of the ETFMG Alternative Harvest ETF (NYSEARCA:MJ) as a millennial ETF should be taken as an implication that all millennials indulge in marijuana. However, data confirm that many millennial ETFs are also thematic ETFs and that Gen Y investors do love MJ.Nearly 36,000 millennial investors on the popular Robinhood investment app are involved with MJ, ranking the fund 46th on that platform, according to Business Insider. * Top 7 Service Sector Stocks That Will Pay You to Own Them Any investor, millennial or otherwise, that bought MJ late last year is loving life right as the fund is up nearly 54% this year, making it one of 2019's best-performing non-leveraged ETFs. Currently, MJ is the only dedicated cannabis fund listed in the U.S. Global X Robotics & Artificial Intelligence ETF (BOTZ)Expense Ratio: 0.68%.Keeping with the theme of thematic ETFs also being millennial ETFs, the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) is a hit among Gen Y investors.The fund has almost 17,000 millennial investors on Robinhood, ranking it 88th on the platform, reports Business Insider. Home to $1.58 billion in assets, BOTZ follows the Indxx Global Robotics & Artificial Intelligence Thematic Index and is one of the largest robotics ETFs in the world.BOTZ, which is up 20% this year, makes for an ideal millennial ETF. The fund is levered to fast-growing investment theme with long-term durability, but it is essentially a growth fund with volatility metrics that are significantly higher than the broader market. iShares Core S&P U.S. Growth ETF (IUSG)Expense Ratio: 0.04%As has been noted throughout this piece, millennial investors have the luxury of longer investment horizons, meaning they can and should embrace the growth factor. They can do just that in cost-effective fashion with the iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG).This millennial ETF targets the S&P 900 Growth Index and his home to nearly 540 stocks, giving it a larger roster than S&P 500 Growth Index funds. For a growth ETF, IUSG's volatility metrics are more than tolerable. The fund's three-year standard deviation of just over 12% compares favorably with traditional broader market strategies and value funds. * 7 Small-Cap Stocks That Make the Grade Like many growth funds, IUSG is heavily allocated to some combination of the technology, communication services and consumer discretionary sectors. Those groups combine for over half of IUSG's weight. The fund is up about 14% this year and is one of the most attractively priced growth ETFs on the market. Xtrackers MSCI USA ESG Leaders Equity ETF (USSG)Expense Ratio: 0.1%Millennials are being looked to as important drivers of growth for socially responsible and environmental, social and governance (ESG) funds. If millennials do come calling for ESG funds, the newly minted Xtrackers MSCI USA ESG Leaders Equity ETF (NYSEARCA:USSG) is poised to benefit.USSG debuted earlier this month and is already one of the largest ESG ETFs in the U.S. This millennial ETF is not even two weeks old and it already has nearly $872 million in assets under management, according to issuer data. USSG has the potential to more socially conscious investors with an annual fee that makes it one of the cheapest ESG funds on the market.As is the case with many millennial ETFs, USSG is heavily allocated to tech stocks (30.49%). Among the companies that are often excluded from ESG funds are casino operators, alcohol makers, civilian firearms manufacturers and tobacco companies. Those exclusions are true to form in USSG.As of this writing, Todd Shriber did not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post 7 ETFs for a Millennial Portfolio appeared first on InvestorPlace.
A version of this article was published in the December 2018 issue of Morningstar ETFInvestor. Download a complimentary copy of Morningstar ETFInvestor by visiting the website. Simple, compelling stories tap into our emotions, hijack our ability to think rationally, and persuade us to pursue investments that are unlikely to perform well. The South Sea Company of early 18th century England exemplifies how a well-spun narrative can cause investors to ignore facts and disrupt their ability to make sound investment decisions.
Over the past several years, some of the largest issuers of exchange traded funds, including BlackRock’s iShares and State Street’s SPDR ETFs, have reduced fees on existing ETFs, introduced new low-cost ...
When Warren Buffett’s annual letter to Berkshire Hathaway shareholders was published last weekend, media coverage focused on the chairman and CEO’s mea culpaabout Berkshire’s investment in Kraft Heinz (KHC) his lament that he couldn’t find the next big investment to buy, the accounting change that caused Berkshire to take a $20 billion write-down, and, once again, his failure to announce any formal succession plans even though Buffett is 88 years old and Vice Chairman Charlie Munger is 95. Todd Combs and Ted Wechsler joined Berkshire as investment managers within a year of each other in 2011-2012. “Overall, they are a tiny bit behind the S&P (SPX) each by just almost the same margin over the same time,” Buffett told Quick.