|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.61 - 22.73|
|52 Week Range||20.06 - 32.97|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.61%|
It’s not like REMX’s products are not in demand, and the business hasn’t suddenly started spending wildly or anything. The markets just aren’t willing to put their money in the companies that make up REMX right now. Read more about REMX from Jagerson and Hansen here.
The performance of the Vaneck Vectors Rare Earth Strategic Metals ETF (NYSEARCA:REMX) during 2018 is an incredible example of how the sentiment of the broader market can overwhelm the fundamentals of an individual stock or industry. Demand for rare earth metals continues to increase, which is a fundamental positive for most of the stocks held by REMX. Traders don’t feel like they can accurately forecast growth rates in this uncertain global economic environment, so many are simply taking profits off the table and reducing their exposure to the market.
This article is a part of InvestorPlace’s Best ETFs for 2018 contest. Charles Sizemore’s pick for the contest is the iShares Emerging Markets Dividend ETF (NYSEARCA:DVYE). As we approach the halfway mark of 2018, my pick in InvestorPlace’s Best ETFs for 2018 isn’t off to the best of starts.
What Options Should Investors Consider amid Rising Rates? Targeting corporate floating rate notes and longer average maturity notes may offer greater yield potential. Investors may use such an allocation to either enhance their cash positions or to meaningfully de-risk their portfolios from equity or below-investment grade credit exposures when market volatility becomes less favorable.
With one quarter under our belts, the pack in the Best ETFs for 2018 contest has started to space out, but we’re still early in the year. The leaders cannot rest on their laurels and there’s still plenty of time for the lagging exchange-traded funds to catch up.
The general increase in stock valuations came to a screeching halt in early February when the yield on the 10-year Treasury climbed above 2.8% for the first time since early 2014 as faster-than-anticipated hourly-wage growth sparked inflation concerns and the CBOE Volatility Index (VIX) skyrocketed above 50 for the first time since mid-2015 as traders and inverse-VIX exchange-traded funds (ETFs), like the VelocityShares Daily Inverse VIX Short-term ETN (XIV), scrambled to cover their short volatility trades. Since that time, the stock market has been bouncing back and forth between moments of bullish euphoria and bearish despair as traders have been forced to readjust to heightened levels of volatility and uncertainty.
On March 27, 2018, Tronox (TROX) announced that it completed the pricing of $615 million in senior notes with a coupon rate of 6.5%. The offer is targeted mainly for qualified institutional buyers. The proceeds from the offer will be used to redeem the outstanding principal amount of ~$584 million with a coupon rate 7.5%.
Faced with regulatory approvals, on March 1, 2018, Tronox (TROX) announced that it agreed to extend the deadline related to the acquisition of Cristal’s titanium dioxide business headquartered in Jeddah, Saudi Arabia. According to the agreement, the dates were extended from May 21, 2018, to June 30, 2018. The companies also agreed that a three-month automatic extension will be applied until March 31, 2019, depending on outstanding regulatory approvals. Tronox has the right to terminate the agreement if the regulatory approval won’t be obtained before January 1, 2019.
Investing in stocks can be lucrative, but for a lot of people, it can also be devastating — picking wrong can put a big dent in your nest egg.
Another year is almost over, and that means that not only are we moving closer to crowning our Best Stocks for 2017 winner, but it’s also time to unveil the choices for next year’s contest.
Editor’s note: This column is part of our Best Stocks for 2018 contest. John Jagerson’s and Wade Hansen’s pick for the contest is the Market Vectors Rare Earth Strat Met ETF (NYSEARCA:REMX). Two trends that have caught our eye are 1) the bullish shift in demand for and production of electric car batteries, and 2) the general increase in stock valuations.
VanEck announced today the following 2017 annual distributions per share for its VanEck Vectors® equity exchange-traded funds.
VanEck Vectors Rare Earths/Strategic Metals ETF tracks these providers of raw materials for the digital age.
VanEck announced today preliminary yearend distribution estimates for its VanEck Vectors® equity exchange-traded funds.
The rare earth metals ETF has been a standout this year, and strengthening fundamentals may continue to support this sector pick. The VanEck Vectors Rare Earth/Strategic Metals ETF (NYSEArca: REMX), which is ...
On September 14, 2017, Tronox (TROX) announced that it will raise $450 million through senior notes. The notes will mature in 2025.
Little changed among equity fund category winners, but a rare earth metal and China ETF made strong moves.
The Global X Lithium & Battery Tech ETF (NYSE: LIT ) has been getting plenty of attention in recent weeks and rightfully so. LIT, the lone dedicated lithium equities exchange-traded fund, is seeing investors ...
In the materials space, a rare earth and strategic metals-related exchange traded fund has surged as improving technologies raise demand for rare earth metals. The VanEck Vectors Rare Earth/Strategic Metals ...
On September 1, 2017, Tronox (TROX) announced that it had completed the previously announced sale of its alkali chemicals business to Genesis Energy (GEL).
On August 2, 2017, Tronox (TROX) announced that it entered into a definitive agreement with Genesis Energy LP (GEL) to sell its alkali chemicals business.