|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||74.98 - 75.37|
|52 Week Range||62.63 - 76.83|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.05%|
Volatility and uncertainty have been playing foul in the U.S. stock market over the past couple of months. While the list of worries include higher rates, Washington turmoil, and tech selloff, the latest reason for the sluggish trading remains fears over a trade war between the United States and China.Source: Shutterstock
When it comes to single-factor investing, growth and momentum ETFs have performed very well this year, and have attracted significant assets along the way. The lineup of growth and momentum ETFs, however, couldn’t be more different, making choosing a fund to ride the wave potentially tricky. From a performance perspective, both growth and momentum are benefiting from a slow-and-steady economy, according to Russ Koesterich, portfolio manager for BlackRock’s Global Allocation team.
Mutual fund ownership of equities is at the lowest level in ~13 years, while ETFs (SPY) (IVV) are gradually increasing their share in the stock market.