|Bid||44.80 x 1200|
|Ask||45.04 x 800|
|Day's Range||44.25 - 45.00|
|52 Week Range||34.75 - 49.92|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.83|
|Expense Ratio (net)||0.75%|
When it comes to investing in transformational technology, exchange-traded fund (ETF) investors shouldn’t look further than artificial intelligence (AI). It’s certainly something that Japanese holdings company SoftBank is focusing on in the future. “Within 30 years, definitely, things will be flying,” said SoftBank CEO Masayoshi Son.
While a cryptocurrency ETF is stuck in limbo as regulators continue to scrutinize the newly developed investment class, VanEck and SolidX Management have developed a stopgap to help institutional buyers garner bitcoin exposure through an easy-to-use investment vehicle. VanEck and SolidX will begin offering shares in a limited capacity of a cryptocurrency ETF-esque investment to Qualified Institutional Buyers under Rule 144A of the Securities Act of 1933, laying the groundwork for an eventual ETF offering if one is ever given regulatory approval. The new VanEck SolidX Bitcoin Trust will allow institutional investors, hedge funds and even mutual fund managers to buy into an ETF-like vehicle that tracks bitcoins as closely as possible.
U.S. markets on Wednesday were put in panic mode as the 2- and 10-year U.S. Treasury yield curve briefly inverted, which is typically a recession indicator. “A curve inversion is an intermediate-term buy signal,” said Tony Dwyer, analyst at Canaccord Genuity. One area of opportunity could be within artificial intelligence (AI).
In the investment space, artificial intelligence (AI) is increasingly gaining widespread attention for its ability to be a disruptive technology that spans across a variety of sectors, which makes it a viable alternative for exchange-traded funds (ETFs) opportunities. With more technologies investing in AI like Facebook who is funding brain experiments that allows a device that can read the human brain. Facebook eventually wants to use AI technology in order to create a wearable device that can control music or interact in virtual reality via the user's thoughts.
Exchange-traded funds (ETFs) are growing at an astronomical rate. U.S. assets are closing in on $4 trillion. The ETF share of total assets at investment firms has expanded to nearly 16% from 8% at the start of the decade, while mutual funds have lost market share. The only problem with this explosive growth? The industry now boasts thousands of funds, making it difficult to determine the very best ETFs.But investors are getting smarter about how they use ETFs in their portfolios. "After a decade of market gains, ETFs now play a unique role for investors as the foundation of a portfolio and also as vehicles that enable investors to be nimble," says Kari Droller, who oversees third-party mutual funds and ETFs at Charles Schwab.We see a need to be nimble at present, so we're making some changes to our Kiplinger ETF 20 list of our favorite ETFs (with an eye toward small fees). Out are iShares Edge MSCI USA Momentum (MTUM), Vanguard Russell 2000 Value ETF (VTWV), Vanguard FTSE All-World ex-US Small Cap ETF (VSS) and Invesco Dynamic Large Cap Value (PWV).So what's in? Some of the newcomers are meant to cushion your portfolio in a market downturn. One new entrant is simply a better strategy for investing in small-company stocks; another is a way to buy into some of the most innovative trends of our time.Read on for our analysis of the 20 best ETFs that allow investors to tackle various strategies at a low cost - including the four newest additions to the list. SEE ALSO: The 45 Cheapest Index Funds
Japanese Holdings Company Softbank announced that it will launch a fund that will allocate $108 billion towards artificial intelligence (AI) investing in companies that are developing the technology around the globe. On its own behalf, Softbank is allocating $38 billion while the rest of the invested funds will come from other partners. Companies expected to take part in the fund include names like Apple, Microsoft, iPhone assembler Foxconn, Standard Chartered Bank, Japanese financial giants Mizuho Bank, Sumitomo Mitsui Banking Corporation and MUFG Bank.
Software giant Microsoft recently opened its wallet and gave OpenAI, a startup co-founded by Elon Musk, to support the goal of developing artificial intelligence (AI) technology that can outdo human brain functioning. This generous investment could certainly put AI-focused exchange-traded funds (ETFs) in focus for investors looking to capitalize on the growing space of disruptive technologies. "The creation of AGI will be the most important technological development in human history, with the potential to shape the trajectory of humanity," says Sam Altman, CEO, OpenAI.
An artificial intelligence (AI) system developed by researchers at the University of California, Irvine solved the Rubik's Cube puzzle in just over one second. This type of revolutionary technology will certainly continue to keep investors interested in AI-focused exchange-traded funds (ETFs). Per an article on UCI News, "DeepCubeA, a deep reinforcement learning algorithm programmed by UCI computer scientists and mathematicians, can find the solution in a fraction of a second, without any specific domain knowledge or in-game coaching from humans.
Artificial intelligence (AI) is one of the prime technologies leading the wave of disruption that is going on within the health care sector. Recent studies have shown that AI technology can outperform doctors when it comes to cancer screenings and disease diagnoses. In particular, this could mean specialists such as radiologists and pathologists could be replaced by AI technology.
New disruptive technologies are changing the way we interact with the world, providing growth opportunities for exchange traded fund investors whom are looking to diversify into these quickly developing segments.
New disruptive technologies are changing the way we interact with the world, providing growth opportunities for exchange traded fund investors whom are looking to diversify into these quickly developing ...
As Saudi Arabia is experiencing exponential economic growth, it can utilize its surplus capital by reinvesting in disruptive technologies like artificial intelligence (AI). The country has long been a beneficiary of its vast oil reserves, but AI could help realize areas where it can diversify its economic growth. "The United Arab Emirates (UAE) and Saudi Arabia have long-enjoyed abundant hydrocarbons reserves, granting them a prominent place in world markets and a strategic position in regional and global geopolitics," wrote The Economist's Economic Intelligence Unit.
Opportunity lies with low and falling interest rates, says Mark DiOrio of Brookstone Capital Management. You just need to position yourself right.
Tesla delivered 33,000 vehicles in North America so far this quarter and is aiming to supply additional 33,000 cars in the final month of the current quarter.
In the investment space, artificial intelligence (AI) is increasingly gaining widespread attention for its ability to be a disruptive technology that spans across a variety of sectors, which makes it a viable alternative for exchange-traded funds (ETFs) opportunities. For one ETF, the AI-Powered International Equity ETF (AIIQ) , it's been a year since inception and has already bested its benchmark by 7 percent. AI continues to disrupt the investment management space, prompting many asset managers and investors to rethink the way they invest, research and develop portfolio construction methodologies. EquBot recognized this need for advancement and broke the mold by pioneering a new method combining AI with ETFs.
Artificial intelligence (AI) is gaining widespread attention for its ability to be a disruptive technology that spans across a variety of sectors. Whether society is ready for it or not, robotics, artificial intelligence (AI), machine learning, or any other type of disruptive technology will be the next wave of innovation. Disruptive technology is not relegated to certain sectors as it will permeate into all industries in some form or fashion.
As has been widely reported, stocks tumbled in May with S&P 500 losing 5.67%. Indeed, riskier assets were not in style last month, but there was at least one exception: bitcoin. The largest digital currency by market capitalization surged 67% last month. After starting at $5,265 on May 1, bitcoin closed around $8,900 on May 31.Bitcoin's May performance is all the more impressive when considering U.S. regulators continue delaying decisions on ETFs linked to the cryptocurrency. Last month, the SEC again delayed a decision on the fate of a bitcoin ETF proposed by VanEck and fintech firm SolidX Management LLC.While data suggest a majority of investing Americans would prefer to access bitcoin via an ETF, the SEC is no hurry to approve a bitcoin ETF.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Bank Stocks to Leave in the Vault It could be a while before regulators give the greenlight for cryptocurrency ETFs, but here some funds that can investors involved with bitcoin. Grayscale Bitcoin Investment Trust (GBTC)Source: Shutterstock Expense ratio: 2%, per year, or $200 on a $10,000 investment.The Grayscale Bitcoin Investment Trust (OTCMKTS:GBTC) was one of the first vehicles using the fund structure to give investors exposure to bitcoin, but to be clear, GBTC is not structured as an ETF.GBTC, which represents fractional bitcoin ownership, "enables investors to gain exposure to the price movement of bitcoin through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping bitcoins," according to Grayscale.There are some drawbacks with GBTC, including an expense ratio that is well above the average fee found on ETFs -- or even actively managed mutual funds. Additionally, GBTC is currently closed to new investors, but interested parties should continue checking the fund's website because GBTC is periodically opened throughout the year.Finally, GBTC can often trade at significant premiums to bitcoin. Based on the fund's recent closing price, it reflects a bitcoin price north of $11,000, not the digital asset's true prices of just under $9,000. Grayscale Digital Large Cap FundSource: Shutterstock Expense ratio: 3%The Grayscale Digital Large Cap Fund, which debuted in February 2018, is an idea, albeit a pricey one, for investors looking for exposure to multiple digital currencies, including bitcoin."Grayscale Digital Large Cap Fund enables investors to gain exposure to the price movement of a diversified mix of large cap digital assets through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping digital assets," according to the issuer. * 5 Stocks Under $10 With Big Upside Potential The fund devotes 70% of its weight to bitcoin and also has allocation to ethereum, XRP, bitcoin cash and litecoin. This bitcoin spent its first year on the market available only to accredited investors (those investors with annual income of $200,000 or a net worth of over $1 million), but it is expected to become available to a wider audience. Amplify Transformational Data Sharing ETF (BLOK)Source: Shutterstock Expense ratio: 0.70%The Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK) is a not dedicated bitcoin ETF. It actually does not hold any bitcoin. Rather, BLOK is a play on the blockchain, the digital ledger on which bitcoin transactions are stored. However, blockchain technology has myriad applications beyond the cryptocurrency space.This actively managed, thematic fund holds 52 stocks, including Internet, financial services, bank, software and semiconductor names. BLOK is also a global fund with over 56% of its weight allocated to companies from outside North America.There is a long-term case for BLOK because of the array of industries that adopting blockchain technologies. Blockchain is already being used across the financial services industry, in healthcare and in conjunctions with smartphones and mobile devices. It's also expected to be a cornerstone of connected devices and the Internet of Things theme.Give BLOK some credit, too. It may be showing some correlation to bitcoin because the fund lost just 2.50% last month as the S&P 500 slid 5.67%. ARK Innovation ETF (ARKK)Source: Shutterstock Expense ratio: 0.75%The ARK Innovation ETF (NYSEARCA:ARKK) is not a cryptocurrency ETF, but it merits a place in this conversation because, at one point, ARKK held a sizable position in the aforementioned GBTC. ARKK is an actively managed fund so it can move in and out of positions, meaning it is possible that the fund will eventually renew its bitcoin exposure.ARKK's managers deserve some credit for their crypto expertise. The fund surged in 2017 as digital currencies prices soared, but ARKK's management team trimmed its GBTC exposure in early 2018, just before bitcoin plunged.Companies found in ARKK include "DNA technologies, industrial innovation in energy, automation and manufacturing, the increased use of shared technology, infrastructure and services and fintech," according to the issuer. * 4 CBD Stocks to Buy for Mainstream Marijuana Profits Currently, ARKK's headwind is not bitcoin exposure or lack thereof. It is a 10% weight to Tesla Inc. (NASDAQ:TSLA). The Bitwise 10 Private Index FundSource: Shutterstock Expense ratio: 2.50% of assets under management.The Bitwise 10 Private Index Fund is the first crypto-based index fund and it holds the 10 largest digital currencies. Those assets are weighted by five-year diluted market values.The fund devotes nearly two thirds of its weight to bitcoin with ethereum and ripple combining for 20.10% of the fund's weight. Assets in the fund are rebalanced on a monthly basis and the minimum investment is $25,000."Assets are held in 100% cold storage, audited annually, and purchased across several liquidity providers to seek best execution," according to Bitwise. "Bitwise actively evaluates network opportunities including hard forks, airdrops, staking rewards, super- and master-node rewards, and emissions, and captures available benefits for fund investors where appropriate."For the three months ending April 30, the fund returned 47.40%.Todd Shriber does not own any of the aforementioned securities.Compare Brokers The post 5 Funds to Consider for Bitcoin's Resurgence appeared first on InvestorPlace.
Whether society is ready for it or not, robotics, artificial intelligence (AI), machine learning, or any other type of disruptive technology will be the next wave of innovation. For investors who missed ...
There are some ETFs that are clearly investor and trader's favorites. When it comes to tech ETFs, the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is the runaway leader. The XLK covers all the major tech stocks in the S&P 500 and includes plenty of top hardware, software, semiconductors and services muscle. Add in its low expense ratio as well as its nearly 4 million shares per day trading volume and it's easy to see why investors have put more than $20 billion in the ETF.However, as awesome as the XLK is as a core tech fund, it isn't the only fish in the sea. There are plenty of other tech ETFs out there.And in many cases, these specialized ETFs may offer something better than the popular XLK. Investors just gravitating to the XLK may actually be doing themselves a disservice. Thinking outside the box could lead to better returns.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy for Over 20% Upside Potential But what other tech ETFs are worthy of your time? Here are five that could give the popular XLK a run for its money. Invesco S&P SmallCap Information Technology ETF (PSCT)Source: Shutterstock Perhaps one of the biggest hits against the XLK is that it's full of the big boys -- the Microsofts (NASDAQ:MSFT), the Alphabets (NASDAQ:GOOG), etc. There's nothing wrong with these stocks, it's just many of the current and future leaders in tech are actually much smaller. And in this case, if you're looking for pure growth, then small-cap tech stocks should be where you focus your attention.And that's why the Invesco S&P SmallCap Information Technology ETF (NYSEARCA:PSCT) should be on your list.PSCT is just like the XLK, only this time it tracks all the tech stocks in the small-cap focused S&P 600. This currently includes 88 different stocks. Top holdings include networking equipment maker Viavi Solutions (NASDAQ:VIAV) and cloud computing communications firm 8×8 Inc (NASDAQ:EGHT). The makeup of the ETF a bit different as well -- with electronic components and semiconductors making up the top sector weightings.That makeup and focus on smaller tech stocks haven't hurt the ETF on the performance front. PSCT has managed to post an average annual return of 15.45% over the last five years. That beats the broader S&P 600 and comes close to the XLK's performance.All in all, with more than $300 million in assets and a low 0.29% -- or $29 per $10,000 invested -- expense ratio, the PSCT is one of the best tech ETFs outside the XLK. ARK Innovation ETF (ARKK)Source: Shutterstock Active management works and can beat indexing when a) fund managers keep their funds small and b) when they take concentrated bets in only a handful of stocks. And that's just what Catherine Wood and her team do at the ARK Innovation ETF (NYSEArca:ARKK).ARK looks for stocks conducting so-called "disruptive innovation". Basically, any new technology that potentially changes the way the world works. The firm focuses its attention on four core areas -- the genomic revolution, industrial innovation, the next generation internet and fintech innovation. From here, Wood will select the best ideas and run a pretty concentrated portfolio usually just 35 to 55 stocks. And she tends to sticks to her guns. For example, Wood has been buying tons of Tesla (NASDAQ:TSLA) during its latest meltdown.Say what you will about Wood and her views on TSLA. But the concentrated strategy has worked for ARKK. Over the last 3 years, ARKK has managed to post a whopping 36.70% average annual return. That smashes the XLK over that time by a wide margin. * 5 Data Center REITs to Buy That Deliver Sizable Income Perhaps the only downfall for ARKK is that its rather expensive at 0.75% in annual costs. However, if Wood can keep up the gains, that's a small price to pay to own one of the best performing tech ETFs out there. iShares Exponential Technologies ETF (XT)Source: Shutterstock If you like the idea of innovation and transformative tech, but don't think an active manager can make the right calls, then the iShares Exponential Technologies ETF (NYSEArca:XT). XT uses an index approach to get the job done.XT tracks the Morningstar Exponential Technologies Index. Exponential technologies are defined as advances which "displace older technologies, create new markets and have the potential to create significant positive economic benefits." This includes everything from 3-D printing and robotics to genomics/personalized medicine and data mining.The beauty is that XT doesn't just track strictly tech stocks like the XLK. It looks at all sectors to find these disruptors. There's plenty of industrials, healthcare and even real estate firms in the ETF. The fund currently 200 different global stocks -- with top holdings including ServiceNow (NYSE:NOW), Align (NASDAQ:ALGN) and First Solar (NASAQ:FSLR).Performance wise, XT has been great. Through the end of April, the ETF has managed to produce an 18.70% annual return over the last three years. That's not too shabby. Even better is that XT has been less volatile than some other tech ETFs including the XLK. This is due to it not focusing purely on tech.Either way, with expenses clocking at 0.47%, XT makes a great choice for those investors looking to add some tech ETFs to their portfolios. First Trust ISE Cloud Computing Index Fund (SKYY)Source: Shutterstock Perhaps one of the biggest and most immediate advances in the tech sector has to be cloud computing. Every time you've used an app on your phone or accessed a data center at work, you've used the power of the cloud. More and more, our information and programs are being stored off-site. Software as a Service (SaaS) has become big business. That's why the First Trust ISE Cloud Computing Index Fund (NYSEARCA:SKYY) could be one of the best tech ETFs to buy.SKYY tracks the ISE Cloud Computing Index. The underlying index looks for firms that provide network hardware/software, storage, cloud computing services or those firms that deliver goods and services that utilize cloud computing technology. Preference is placed on those stocks that are pure cloud computing plays with tech conglomerates or those firms only derive a portion of their revenues from the cloud receiving a smaller weighting.The ETF is fairly concentrated at just 28 holdings. Top stocks include Salesforce.com (NYSE:CRM), SAP (NYSE:SAP) and VMware (NYSE:VMW).That explosive nature of cloud computing has helped propel SKYY one of the best performing tech ETFs around. Over the last three years, the fund has produced a 28% annual return. That's more than double the S&P 500. * 5 ETFs to Buy for the Future of Technology Expenses for SKYY clock in at just 0.60%. The KraneShares CSI China Internet ETF (KWEB)Source: Shutterstock Silicon Valley isn't the only place where tech innovation is happening. In fact, China has just as many global tech stock giants as the U.S. In looking for alternative ETFs to the XLK, heading to the Dragon Economy could be a smart bet and the KraneShares CSI China Internet ETF (NYSEArca:KWEB) could be the way to access the opportunity.KWEB tracks an index of China-based companies whose primary business are in internet-related sectors. The ETFs holdings read like a who's who of internet retailers, social media, gaming, travel and commerce sites in the nation. This includes giants like Alibaba (NYSE:BABA), NetEase (NASDAQ:NTES) and JD.com (NYSE:JD). With the ETF, you're basically getting the Facebook's (NYSE:FB) and Amazon's (NASDAQ:AMZN) of China.Given the sheer size of China's population and the growth of the internet in the nation, KWEB could be a solid long term bet for investors looking to expand their tech holdings. However, don't expect a smooth ride. The fund has been pretty volatile -- especially these days as the trade war has persisted. But the longer term looks rosy for China and its growth.With nearly $1.8 billion in assets and a 0.70% expense ratio, KWEB is the prime way to get a piece of the action.Disclosure: At the time of writing Aaron Levitt was long AMZN and XT. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post 5 Great Tech ETFs That Aren't the XLK appeared first on InvestorPlace.
Tech companies are at maximum risk in the trade war. Naturally, all tech ETFs witness a bloodbath on May 13, among which, the following funds lost the least.
When it comes to actively managed exchange traded funds, fixed income funds are the dominant asset class, but some actively managed equity ETFs are increasing their asset bases. Overall, actively managed ...