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Risk on Today, Says WallachBeth
Wednesday, January 2, 2013 - 2:03pm | 673U.S. equities and other riskier assets are in rally mode in the first trading session of 2013 after lawmakers finally got around to agreeing on legislation that steered the U.S. away from the dreaded fiscal cliff. News that a deal was in the works ignited a rally on Monday while news that the cliff...
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Low Assets, Low Volume No Problem for These ETFs
Wednesday, August 22, 2012 - 1:44pm | 889Many exchange-traded products that are afflicted with low assets under management (AUM) totals and paltry average daily volume do have at least one thing going for them: Performance. The small, obscure funds clearly do not appeal to investors when it comes to the superficial statistics, but these...
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Debunking Some Common ETF Myths
Tuesday, August 21, 2012 - 4:16pm | 848As the pace of ETF closures has quickened since the start of August, it seems as though more advisors and investors are focusing on assets under management (AUM) and average daily volume as the true telling of a fund's overall health. As has been duly noted, numbers such as $50 million or $100...
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Knight Capital Glitch May Have Impacted Some ETFs
Wednesday, August 1, 2012 - 3:27pm | 565Wall Street is abuzz today about technology issues at execution firm Knight Capital (NYSE: KCR) that impacted trading in roughly 140 New York Stock Exchange-listed equities. The affected stocks include Dow components Alcoa (NYSE: AA), Caterpillar (NYSE: CAT) and Verizon (NYSE: VZ), among other...
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Corn Pauses; More Upside to be Had? (CORN)
Wednesday, July 18, 2012 - 1:44pm | 574Corn futures are down for a second straight day and the Teucrium Corn Fund (NYSE: CORN) is up "just" 0.6 percent as of this writing. It is possible that corn is experiencing a scenario previously seen in the oil pits: demand erosion at the hands of high prices. Time will tell if that is really the...
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Are Junk Bond ETFs Sending Signals? (HYG, JNK, SJNK)
Thursday, May 17, 2012 - 3:32pm | 423Are Junk Bond ETFs Sending Signals? (HYG, JNK, SJNK) The proliferation of new junk bond ETFs in 2012 has been nothing short of impressive and two industry stalwarts, BlackRock's (NYSE: BLK) iShares and Van Eck Global's Market Vectors unit, have been leading the charge. But it is some of the more...
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Surprise, Surprise: Does Size Matter With ETF Returns?
Monday, April 23, 2012 - 9:15am | 780There are plenty of instances in life when bigger is better. When it comes to exchange-traded products, bigger isn't always associated with better. At least when it comes to what should be investors' primary consideration: Returns. It has been documented that ETFs and ETNs with low average daily...
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China's RQFII Program Dampens A Shares ETF Premium
Friday, April 20, 2012 - 1:10pm | 546Following the March 22 debacle concerning the VelocityShares Daily 2x VIX Short-Term ETN (NYSE: TVIX) that saw the now infamous ETN tumble 30% in that one trading day, traders and investors predictably wondered what exchange-traded product could be next to fall victim to a similar scenario. That...