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ETF Articles


How to take advantage of an oddly quiet market
Jun. 23, 2017 - CNBC -  In a historically calm market, investors may wonder how best to profit off ultra-low volatility.

How To Use Single Country ETFs
Jun. 23, 2017 - seekingalpha.com -  Among the greatest breakthroughs that exchange-traded funds (ETFs) have made is giving people complete control of their investment decisions.

In Fierce Battle Over Active ETFs, Nationwide Is on All Sides

Jun. 16, 2017 - Bloomberg -  Nationwide Mutual Insurance Co. is hedging its bets when it comes to turning its investment strategies into exchange-traded funds.

Investors pour $30 billion into global ETFs
Jun. 16, 2017 - CNBC -  ETFs had their strongest week of the year for flows, with more than $30 billion coming into funds.
Even as tech stocks declined, the U.S. stock market was the biggest beneficiary of ETF flows.

Investors pour $30bn into global ETFs
Jun. 15, 2017 - Financial Times -  Exchange traded funds took in more than $30bn in their strongest week this year, led by US equity funds as major market benchmarks hit new highs, according to EPFR Global.

The Bloody Fight for ETF Scraps Is About to Get Even Worse
Jun. 05, 2017 - Bloomberg -  BlackRock, Vanguard, and State Street control more than 80 percent of the ETF landscape. For the other players, the fight for survival is about to get more aggressive

Be Wary of Hedge Fund ETFs
May. 27, 2017 - Barron's -  Hedge funds are expensive, says Bill Ackman. ETFs that aim to replicate hedge fund returns are cheap, but you might get what you pay for.

$4tn exchange traded fund industry draws more scrutiny
May. 27, 2017 - Financial Times -  The global umbrella body for securities regulators is to scrutinise the $4tn exchange traded fund industry, the latest supervisor to examine a fast-growing sector that is playing an increasingly influential role in financial markets.

A Dividend ETF For Immediate Consideration
May. 26, 2017 - ETF Trends -  Investors continue looking for new sources of income and yield, but tried and true dividend stocks should remain part of that equation. Scores of exchange traded funds offer up exposure to dividend-paying stocks.

Looking Down Under For ETF Ideas
May. 22, 2017 - Fox Business -  Investors are embracing ex-U.S. developed market equities and the corresponding exchange-traded funds this year. While much of that affinity is directed at Europe ETFs and funds tracking broader developed market indexes, investors might do well to remember Australia.

ETF Flopper: Banks, Banks, and More Banks
May. 17, 2017 - Barron's -  Financials were the worst-performing sector on Wednesday, but regional banking exchange-traded funds were the biggest flops of the day. Insurers protected financials ETFs from some of the carnage.

Blackrock Says Some ETF Investors Are Making This Classic Mistake
May. 17, 2017 - Bloomberg -  It’s Investing 101 -- don’t chase performance. But that’s just what buyers of smart beta exchange-traded funds have been doing for the past month. 

ETFs Become the Investing World's No. 1 Scapegoat
May. 04, 2017 - BlackRock Blog -  Exchange-traded funds are being blamed for everything from trading glitches to imminent financial destruction.

ETFs Are ‘Weapons of Mass Destruction,’ FPA Capital Managers Say
Apr. 27, 2017 - Bloomberg -  Exchange-traded funds are “weapons of mass destruction” that have distorted stock prices and created the potential for a market selloff, according to the managers of the FPA Capital Fund.

3 Dividend Payers Worth Keeping An Eye On
Apr. 24, 2017 - seekingalpha.com -  Summary

20/20 income strategy consists of both lower yielding common stocks and high yielding ETFs and closed end funds.

I submit three candidates for readers worthy of further research.

How a Gold Rush Triggers Investor Concerns
Apr. 22, 2017 - Barron's -  The French elections and rising tensions in Syria and North Korea have investors seeking safe haven in gold. Today’s gold rush is causing capacity woes, and investors may have to deal with the kind of issues that mid-19th-century gold bugs experienced, albeit in a different context.

3 Smart-Beta Exchange-Traded Funds To Beat The S&P 500
Apr. 19, 2017 - seekingalpha.com -  Back in 2012, smart beta investment products stood at the cutting edge of investment innovation.

Dow ETF Falls On A Big Earnings Day For Blue-Chip Stocks
Apr. 18, 2017 - Investor's Business Daily -  A fourth Dow industrials member, IBM (IBM), reports later today.

The Dow ETF is up 5% year to date through Monday, lagging a 5.4% gain for SPDR S&P 500 (SPY) as Dow stocks surrender their postelection leadership.

BlackRock ETF Is the New Leader for Emerging-Market Debt Investors
Apr. 17, 2017 - Bloomberg -  What’s the latest frontier to be conquered by low-cost exchange-traded funds? Emerging-market debt.

Hedge Funds Really, Really, Really Love ETFs
Apr. 14, 2017 - Barron's -  Some hedge fund managers have been critical of the rise of indexed funds. They almost have to be.

Micro-Cap ETFs
Apr. 13, 2017 - seekingalpha.com -  Micro-cap stocks generally refer to U.S. publicly traded companies with a market capitalization between $50 million and $500 million. Micro-cap ETFs are exchange-traded funds that focus on this segment of the market. However, most micro-cap indexes target specific deciles of capitalization, or exclude a fixed quantity of larger stocks, so the actual upper bound often approaches $1 billion.

Is Rush To Emerging Market ETFs Still On?
Apr. 07, 2017 - Barron's -  Emerging market exchange-traded funds are still reeling in cash.

ETF Investors Dumped U.S. Small Caps, Loved Emerging Markets
Apr. 03, 2017 - Bloomberg -  So much for America First.

In the first quarter, investors dumped an U.S. exchange-traded fund that holds mid and small-cap U.S. stocks and flooded into another that owns large emerging-market equities.

5 Best Funds For Your 401(k) And IRAs
Mar. 20, 2017 - Forbes -  With exchange-traded funds (ETFs), it's a race to the bottom -- on expenses, that is. If you're investing, that's great news for you.

ETFs Are Giving Mutual Funds a Run for Their Money
Mar. 20, 2017 - Bloomberg -  Nobody owns more U.S. stocks than mutual funds. But with their position slipping, the question is how much longer can they control the market?

Goldman Unveils Junk Bond ETF Just as High-Yield Exodus Deepens
Mar. 17, 2017 - Bloomberg -  It’s said that timing is key to launching a successful exchange-traded fund. If so, Goldman Sachs Group Inc. picked an odd moment to reveal its latest offering.

The Future of ETFs
Mar. 11, 2017 - Barron's -  Barron’s gathered the ETF industry’s leaders to discuss what will drive growth, some needed changes, and how you should invest.

How to Play Infrastructure ETFs
Mar. 08, 2017 - Barron's -  One can always count on the exchange-traded fund industry to deliver a niche fund just in time for an investment trend to play out. Global X just launched its U.S. Infrastructure Development ETF (PAVE), which tracks an index that holds a basket of companies that stand to benefit from the coming building boom.

Investors Want More Plain Vanilla ETFs
Mar. 07, 2017 - Barron's -  Exchange-traded fund investors chose vanilla over more complicated strategies in February, increasing those funds’ market share, while multi-factor strategies or so-called smart beta funds lost share.

Jack Bogle: ETFs have beaten hedge funds
Mar. 05, 2017 - Financial Times -  John “Jack” Bogle, the legendary investor, has predicted that the level of money in hedge funds will never again surpass the size of the exchange traded fund industry, which witnessed its 35th month of consecutive inflows in December.

Investors Are Charging Into Emerging Market ETFs

Feb. 21, 2017 - Bloomberg -  U.S. President Donald Trump has supported many policies that could harm emerging market economies. But investors are betting that his bark will turn out to be worse than his bite.

Big Bank, Small Bank ETFs
Feb. 18, 2017 - Barron's -  Bank stocks have been on a tear over the past year, thanks to the expectation of interest-rate hikes, corporate tax cuts, and regulatory rollbacks. Investors have poured $11.4 billion into bank exchange-traded funds in the past year. Performance chasing? Maybe. But financials could stand to gain even more as interest rates rise.

Tapping a Different Type of Water ETF
Feb. 13, 2017 - ETF Trends -  The water investment thesis has been validated in recent years and several exchange traded funds reflect as much. The Summit Water Infrastructure Multifactor Exchange Traded Fund (NYSEArca: WTRX) is one of the more unique options among water ETFs.

Learn the ABCs of ETFs before betting your portfolio on them
Feb. 13, 2017 - CNBC -  So you've decided exchange-traded funds sound like a great way to build a low-cost investment portfolio. The question is, what now?

The hidden risk in the corporate bond market is at a tipping point: Study
Feb. 08, 2017 - CNBC -  Hybrid investments like corporate bonds exchange-traded funds have become a popular alternative in today's market. With their lower expenses, reduced tax distributions and greater ease of trading, they have become a go-to investment for everyone from large firms to everyday traders. However, it is important to realize that these new funds may pose a potential risk to individual investors, as well as markets and the global economy.

3 Diversified Funds Paying Up To 9.5%
Feb. 07, 2017 - Forbes -  Instead of meticulously picking one high paying stock after another – in hopes of building a secure dividend stream – how about simply buying a fund or two that does everything for you?

Trump Bump Boosts ‘Smart Beta’ Funds
Feb. 05, 2017 - WallStreetJournal -  The Trump Trade has been a boon for so-called smart beta, the hottest trend in exchange-traded funds.

Why You Should Care Banking ETFs Are Crushing Construction ETFs
Feb. 02, 2017 - The Street -  Investors seeking market exposure to the housing market and banking system can do so without picking stocks by trading these three exchange-traded funds.

Investors Are Looking Back Into Corporate Bond ETFs
Feb. 01, 2017 - Fox Business -  While equities markets were stuck within range and yields on benchmark Treasury notes slipped, investors plunged back into investment-grade corporate bonds and related exchange traded funds. 

BlackRock US ETF business tops $1 trillion in assets for 1st time
Jan. 31, 2017 - CNBC -  BlackRock's exchange-traded fund unit, iShares, topped $1 trillion in assets in the United States for the first time, a spokeswoman said on Tuesday.

ETF Buyers Return to Precious Metals Amid Trump Policy Angst
Jan. 30, 2017 - Bloomberg -  Add the flap over U.S. immigration policy to investor concerns that are reigniting demand for precious metals as havens.

ETFs are eating the US stock market
Jan. 24, 2017 - Financial Times -  Although stock pickers are cutting fees, the trend towards ETFs and passive investing quickened in 2016

Why That Leveraged ETF Is A Bad Idea
Jan. 23, 2017 - Forbes -  The Dow Jones Industrial Average has had a pretty spectacular run since the Presidential election last November, climbing 8.2%.

Earnings Pleasantries With These ETFs
Jan. 23, 2017 - Fox Business -  There are still plenty of marquee reports to be delivered, but with the fourth-quarter earnings season progressing, some trends are becoming clear. Investors can use sector exchange-traded funds to play those trends.

Trade These Ranges for Bonds, Gold, Utility Stocks and Junk Bonds
Jan. 23, 2017 - The Street -  The rise in bond yields and the decline in gold prices stalled, and then utility stocks and junk bonds bottomed. Here's how to trade them now.

Largest Active Bond Manager Makes New Push Into ETFs
Jan. 17, 2017 - WallStreetJournal -  First Trust Assignment Is TCW fixed-income team’s first foray into bond ETFs

Gold ETF Hits Best Level In A Month Ahead Of Donald Trump Presser
Jan. 10, 2017 - Investor's Business Daily -  ETFs tracking major stock indexes were broadly higher after a slow start Tuesday as investors braced for a news conference by President-elect Donald Trump, the first since his surprise Nov. 9 election victory.

Hopping on ETF wagon? Tread carefully, advisors say
Jan. 10, 2017 - CNBC -  The sun had yet to rise the morning after Donald Trump's surprise presidential election win, but financial advisor Kashif Ahmed already was responding to the news by changing client holdings of exchange-traded funds through orders to be executed upon the stock market's 9:30 a.m. opening.

The 5 Trends You’ll See in ETFs in 2017
Jan. 08, 2017 - WallStreetJournal -  That exchange-traded funds will continue to vacuum up assets in 2017 is a given. But will ETF issuers find better ways for investors to make money, or merely fight among themselves for market share?

Investors, Beware These Slumping Sectors
Jan. 03, 2017 - The Street -  The S&P 500 sector exchange-traded funds for materials and consumer stocks are downgraded, while 'flight to safety' ETFs for real estate and utilities are upgraded. Here's how to trade them.

Fidelity Embraces What It Once Avoided: The ETF
Jan. 03, 2017 - WallStreetJournal -  Abigail Johnson once resisted bulking up in exchange-traded funds because of the potential costs of committing to the lower-margin products. But a sea change in the money management industry is forcing the chief executive of Fidelity Investments to alter that strategy.

How To Invest In 2017: The 9 Best ETF Picks
Jan. 01, 2017 - Forbes -  A New Year perhaps calls for a new investment portfolio. How should you invest in 2017? Here are the nine best exchange-traded fund (ETF) picks from a panel of asset managers and investment strategists.

How ETFs Won the Year
Dec. 31, 2016 - Barron's -  Could 2016 be the year that ETFs “won?” It certainly seems that way. The tired “active versus passive” death-match debate softened into a “why can’t we all just get along?” conversation, as even the most intransigent active managers began to acknowledge that there is indeed room for both strategies in a portfolio. Passive investing also had its halo burnished by regulators, when the Labor Department, the regulator for retirement accounts, announced that financial advisors would have to be able to justify the active funds they choose for investors’ IRAs.

ETFs For Higher Rates And Inflation
Dec. 30, 2016 - seekingalpha.com -  The Constitution allows a long lag time between the election and the inauguration of a new president. Financial markets have no such patience. The prospect of higher infrastructure and defense spending coupled with tax cuts, promised by the incoming administration, pushed interest rates and stock prices higher soon after the election results were in.

Most Popular New ETF Strategies of 2016
Dec. 27, 2016 - ETF Trends -  The exchange traded fund universe has steadily expanded with many new additions and strategies this year.

ETFs are expanding into organic farming and other new trends
Dec. 27, 2016 - CNBC -  The ETF industry is betting that investors want to link more of their investing dollars to social trends, or business and technologies, not yet reflected in traditional sector funds. 

NYSE ETF Trading Suffers a Second Straight Outage
Dec. 20, 2016 - WallStreetJournal -  The New York Stock Exchange’s Arca platform suffered a trading glitch for a second straight day.

Trade the Yield Market as Bond Yields Rise, Gold Tarnishes
Dec. 12, 2016 - The Street -  Investors can trade "flight to safety" investments using these four exchange-traded funds. The 30-year U.S. Treasury bond yield is best traded using the 20+ Year Treasury Bond ETF (TLT) . Gold bullion can be traded using the SPDR Gold Shares ETF (GLD) . Investors seeking dividends can invest in utility stocks via the Utilities Select Sector SPDR Fund (XLU) . Investors willing to risk chasing higher-yielding bonds can invest in the SPDR Barclays High Yield Bond ETF (JNK) .

Wall Street basks in the ‘Trump effect’ as trading soars
Dec. 11, 2016 - Financial Times -  Trading volumes across markets have soared following the US presidential election, a boon to Wall Street investment banks as money managers prepare for a new environment under the future Trump administration. 

Gold Down as Money Flows Out of Metals ETFs
Dec. 09, 2016 - WallStreetJournal -  Gold prices posted their fifth straight weekly decline Friday, as money continued to flow out of exchange-traded funds that invest in the precious metal.

Gold Falls; What’s Ahead For ETFs?
Dec. 08, 2016 - Barron's -  Gold-focused exchange traded funds have been bleeding green as investors have been frightened by floundering gold prices following the U.S. presidential elections.

BlackRock’s Currency ETF Struggle Flags Unconquered Niche
Dec. 02, 2016 - Bloomberg -  You know a market’s tough to crack when the world’s largest asset manager says it’s struggling to gain traction.

These could be the best ETFs to trade in December
Dec. 01, 2016 - CNBC -  As the markets gear up for the final four weeks of 2016, several exchange-traded funds may be much more attractive than others.

It’s Been a Great Year for Smart Beta ETFs
Nov. 28, 2016 - ETF Trends -  Smart beta or customized index-based exchange traded funds have been quickly gaining traction as an alternative to any shortcomings of traditional market capitalization-weighted index funds, attracting billions of dollars this year.

Mom’s Big Oil Bet Bites the Dust
Nov. 28, 2016 - WallStreetJournal -  One of the stock market’s most popular investments--a favorite of “moms and millennials”--is being delisted with an offer of early redemption, showing once again why complicated structured products that promise high returns are best avoided.

The 3 Best Dividend Growth ETFs for 2017
Nov. 24, 2016 - Forbes -  When you invest for the long haul, dividend stocks and exchange-traded funds (ETFs) are going to be the bedrock of your portfolio.

Bonds Suddenly Look Like a Bargain. What to Buy Now
Nov. 19, 2016 - Barron's -  In the past two weeks, bonds suddenly have become more appealing investments. Treasury yields have risen sharply since the election, with the 10-year note now yielding 2.33%, up from 1.85% on Nov. 8. The increase reflects expectations of higher federal spending, bigger deficits, stronger economic growth, and greater inflation under President-elect Donald J. Trump’s administration.

6 Best ETFs To Profit From The Trump Effect On The Stock Market

Nov. 18, 2016 - Investor's Business Daily -  Along with a political cage match for the ages, ETF investors were treated in the past month to edge-of-the-seat drama in the domestic and global financial markets. Spoiler alert: It ended well.

A New ETF Off To A Blistering Start
Nov. 18, 2016 - Fox Business -  Every year, hundreds of new exchange-traded funds come to market in the United States. While the number of new ETFs debuting in any given year is usually large, the number that ultimately prove successful is far smaller.

ETF Outlook: Winners and Losers In a Trump Presidency
Nov. 14, 2016 - The Street -  Wall Street is agog over post-election stock prices this week, with the U.S. stock market cresting record highs through early Monday trading this week.

Trump's victory has set off a stampede into stock ETFs
Nov. 14, 2016 - CNBC -  On the day Donald Trump won the presidency and the two days after last week, investors poured the most money into stock-based exchange-traded funds that they have in nine years.

Trump Concerns For Mexico, Vietnam Emerging Market ETFs
Nov. 11, 2016 - ETF Trends -  Obviously, that scenario came to pass and some market participants are now assessing how Trump’s presidency could affect other emerging and frontier markets.

Some Dividend ETFs Will Fare Better Than Others As Interest Rates Rise
Nov. 10, 2016 - Investor's Business Daily -  ETF investors, take note. The word on the street is that a Donald Trump presidency could hasten the end to an era of historically low interest rates. During his campaign, the president-elect rumbled that low rates hurt American savers and distort the market.

3 ETFs That Are Likely to Soar Under a President Hillary Clinton
Nov. 08, 2016 - The Street -  The end is nigh.

After more than a year of divisive rhetoric and escalating social tensions, the choice is finally upon a weary American electorate. After Tuesday's vote, we will know whether the next president will be Democratic candidate Hillary Clinton or Republican candidate Donald Trump.

ETFs Load Up on Real Estate
Nov. 06, 2016 - WallStreetJournal -  Index investors can’t seem to get enough of real-estate investment trusts: They collectively hold more than 15% of shares outstanding of several of the largest publicly traded property owners in the U.S., a Wall Street Journal analysis found.

ETFs That Hold Commodities Could Cause Trouble
Nov. 06, 2016 - WallStreetJournal -  Could exchange-traded funds that hold physical commodities exacerbate price spikes or drops?

ETFs attract more than $3.2tn to pass hedge funds
Nov. 06, 2016 - Financial Times -  The exchange-traded fund industry has ballooned to more than $3.2tn in assets, surpassing the $2.97tn held in hedge funds, as investors pile into low-cost offerings to capture the multiyear market rally.

Take the Mystery out of Smart Beta ETFs
Nov. 05, 2016 - ETF Trends -  While no one dressed up like an ETF this Halloween (at least not in my neighborhood), those of us in the finance industry know that ETFs are quite the rage these days.

SEC to ETFs: Who Are Your Market Makers?
Nov. 04, 2016 - WallStreetJournal -  Regulators worried about opacity and volatility in exchange-traded funds are for the first time requiring them to disclose the Wall Street brokers they rely on to smooth trading in the securities.

Exiting investment comfort zone can pay off: Kevin O'Leary
Nov. 04, 2016 - WallStreetJournal -   Kevin O’Leary’s unorthodox tips about how to break out of your investment comfort zone Kevin O’Leary’s unorthodox tips about how to break out of your investment comfort zone. If you've seen me talk on TV, you know that one of my top investment tips is "Diversify your portfolio." Putting all your eggs into one basket is the dumbest decision you can make when it comes to the world of investing.

How To Invest For Retirement Income
Nov. 03, 2016 - Forbes -  All your working life you’ve been saving and investing some of your income for retirement. Now you are getting ready to leave full time work and begin to spend it. How do you figure out how to invest so that your money lasts for what is hopefully a long and happy life? Whether you are a DIY investor or working with an advisor, consider these general guidelines for investing to generate retirement income:

Fee Cuts Spark Big Inflows to iShares ETFs
Nov. 03, 2016 - ETF Trends -  Last month BlackRock Inc. (NYSE: BLK), the world’s largest asset manager, reduced fees across its iShares Core exchange traded fund suite. The fee reductions beat or match the low expense ratios first established by Vanguard ETFs.

Oil Gives Up Early Gains: U.S. Crude Inches Lower
Nov. 03, 2016 - Barron's -  Early hopes for a break on the losing streak that’s beset crude oil prices have been for naught, with U.S. and brent crude futures giving up early gains and inching into the red.

Look abroad for ‘the trade of 2017’: Strategist
Nov. 01, 2016 - CNBC -  Investors may want to look abroad when considering the best plays heading into the new year.

ETFs and the beguiling promise of ‘diversification’
Oct. 31, 2016 - Financial Times -  As a young science fiction writer L Ron Hubbard, the founder of Scientology, was reported to have said that if a man wanted to get rich he should invent his own religion. In the world of financial markets Mr Hubbard’s observation could be recast: to make serious money on Wall Street you have to invent an asset class.

4 Dividend ETFs You Need To Sell Now
Oct. 30, 2016 - Forbes -  I hate to say it, but right now, thousands of investors are putting their portfolios on autopilot right when they need to take control the most.

More Fearful, Investors Scale Back Volatility Short Bet
Oct. 30, 2016 - WallStreetJournal -  Wall Street’s bet against fear, a big winner this year, is starting to wane.

The relative calm in the U.S. stock market has made wagering on a decline in the CBOE Volatility Index, or VIX, a popular trade for much of this year.

Commodity ETFs Pose a Challenge
Oct. 29, 2016 - Barron's -  The logic for owning commodities is simple: They offer diversification to holdings of traditional stocks and bonds. Plus, investing in assets like sugar, heating oil, and livestock is made much easier via commodity exchange-traded funds, which are both liquid and inexpensive. 

Apollo’s New Creed: Bond Bears Take On ETF Buyers
Oct. 27, 2016 - WallStreetJournal -  A number of investors have argued that exchange-traded funds are creating new risks in the market. Apollo Global Management LLC is putting money on it.

Readers React: Low Fees Are Driving Us Into Passive Funds
Oct. 24, 2016 - WallStreetJournal -  Fees matter.

That is the overarching sentiment that emerged from an online Wall Street Journal survey asking readers about their investment style and satisfaction as part of the Journal’s series looking at the rise of passive, or index-based, investing.

‘Passive’ Investing Can Be a Lot More Active Than You Think
Oct. 19, 2016 - WallStreetJournal -  There is no doubting the rapid rise of passive investment products. The twist is a lot of them get their heaviest use from some pretty active traders.



What Are the Best Sector ETFs? Energy, Technology, Transportation
Oct. 17, 2016 - The Street -  The S&P 500 SPDR ETF (SPY)  continues to show a negative weekly chart. The exchange-traded fund, known as Spiders, closed last week below its key weekly moving average of $214.98 with weekly momentum declining to 58.59 down from 68.73 on Oct. 7.

Money Managers Cut Gold Bets as ETF Holdings Soar to 3-Year High
Oct. 16, 2016 - Bloomberg -  There’s a tussle in the gold market between money managers and exchange-traded fund investors.

ETFs and a gold standard
Oct. 16, 2016 - Financial Times -  From Matthew Scott. Sir, It seems commonplace in much of today’s financial commentary that the proliferation of exchange traded “products” is a negative thing

Investors are flocking to tax-efficient ETFs
Oct. 11, 2016 - CNBC -  Exchange-traded funds continue to surge in popularity, thanks in no small part to their appeal among investors who need income from their portfolios.

J.P. Morgan Enters the ‘Active ETF’ Arena
Oct. 09, 2016 - WallStreetJournal -  J.P. Morgan is getting active.

The financial giant launched JPMorgan Diversified Alternatives ETF (JPHF) in September, marking its first foray into actively managed ETFs. The fund aims to provide ETF investors with a variety of hedge-fund strategies, including event-driven, global macro and long/short approaches.

Do Investors Understand Leveraged ETFs As Well As They Should?
Oct. 07, 2016 - Barron's -  Leveraged, or geared, exchange traded products are growing in popularity, but they come with their own risks, that investors, in the rush to buy into the ever-growing ETF sector, many not realize. Products like the Direxion Daily Financial Bear 3X ETF (FAZ), the Direxion Daily Mid Cap Bull 3x ETF (MIDU) and the Direxion Daily Gold Miners Index Bear 3X (DUST), for example, are popular with traders looking to amply their bet on a specific market trend, and proponents have fought back against potential regulation.

IPO ETFs: An Aggressive Play For Ambitious Investors
Oct. 06, 2016 - The Street -  Most people on Wall Street are aware of the power of the initial public offering.

Many also know the story of the Microsoft, Inc. (MSFT) IPO. That occurred back on March 13, 1986, when Microsoft's stock opened for business at $21 per share. Since then, the stock has spit nine times, and a $1,000 investment in Microsoft on that date back in 1986 would be worth $740,000 in 2016.

International Dividend ETFs Remain Solid Ideas
Oct. 06, 2016 - ETF Trends -  Ex-U.S. developed market dividend payers often feature larger yields than their U.S. counterparts, an assertion proven by comparing large- and mega-cap dividend stocks from familiar dividend sectors such as consumer staples, energy, financial services and telecommunications.

BlackRock Wants to be the Walmart of Wall Street
Oct. 05, 2016 - Fortune -  BlackRock wants to make the plain-vanilla world of ETFs a staple of the retirement portfolio.
The world’s largest money manager, BlackRock, has jumped into the fee war alongside giants such as Fidelity and Vanguard, and investors may be the winners.

BlackRock Cuts ETF Fees
Oct. 05, 2016 - WallStreetJournal -  The world’s largest money manager is cutting fees at more than a dozen exchange-traded funds, another sign of how a federal overhaul of retirement-savings rules is transforming parts of the financial-services industry.

Bond ETF Assets Climb to Record as Investors Seek Out Liquidity
Oct. 04, 2016 - Bloomberg -  Holdings in bond exchange-traded funds climbed to records in Europe and the U.S., spurred by ease of trading and the lure of higher yields in emerging markets.

The Case Against ETFs
Oct. 01, 2016 - The Street -  Exchange-traded funds may not be all they're cracked up to be, at least according to the founder of Vanguard, John C. Bogle, and the former Vanguard Chief Investment Officer, Gus Sauter.

Betting on the U.S. election via the 'Trump ETF'
Sep. 30, 2016 - Thomson Reuters -  An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump's chances winning the U.S. presidential election in November, investors said.

Short interest in largest corporate bond ETF hits record level
Sep. 29, 2016 - Financial Times -  Bets that corporate bond prices will slide surged in the build-up to this month’s Federal Reserve meeting, with short interest in the largest corporate bond exchange traded fund hitting a record level.

Here's a Fund for Those Who Are Set to Run With the Energy Bulls
Sep. 27, 2016 - The Street -  For those who listen to some of the most influential experts out there, oil at $50 or even $60 a barrel is small potatoes.

Try $100 a barrel or higher.

Expect More Volatility for Healthcare ETFs
Sep. 27, 2016 - ETF Trends -  No sector has been plagued election year antics and volatility on par with healthcare, the third-largest sector weight in the S&P 500. Political posturing has been weighing on exchange traded funds such as the Vanguard Health Care ETF (NYSEArca: VHT) and the Health Care Select Sector SPDR (NYSEArca: XLV).

Not Enough Money, Too Many Funds Mean ETFs Sputter in Europe
Sep. 27, 2016 - Bloomberg -  The world’s fastest-growing investment vehicles -- exchange-traded funds -- are failing to gain traction in Europe.

Charts Show Uncertain Future for 5 U.S. Equity ETFs
Sep. 26, 2016 - The Street -  The weekly chart for the Dow Jones Industrial Average (INDU) ended last week negative. The weekly chart for Dow transports is neutral. The weekly charts for the S&P 500 , the Nasdaq Composite (NDAQ) and Russell 2000 are positive but overbought.

Check your bond funds before interest rates rise
Sep. 26, 2016 - CNBC -  Now that the Fed is expected to gradually increase rates, perhaps as early as December, investors should check the average duration in their bond funds to make sure they are comfortable with the level of interest-rate risk they are taking.

Taking a Step Back From REIT ETFs Following Fed Stance
Sep. 23, 2016 - ETF Trends -  Buoyed by the Federal Reserve’s lower for longer stance on interest rates and investors’ seemingly unquenchable desire for income, real estate investment trusts (REITs) and the corresponding exchange traded funds are among this year’s most popular income-generating asset classes.

First for Indian ETF as it makes its international debut
Sep. 22, 2016 - CNBC -  Indian asset manager Zyfin Holdings has launched the first Indian equity exchange-traded fund (ETF) ever to be listed outside its home country, listing it on the London Stock Exchange and Deutsche Boerse.

You Want to Buy MLPs? No, You Don't

Sep. 21, 2016 - Bloomberg -  When you bought that MLP your friend told you about that time you had drinks a few years back, you didn't think you were signing up for this:
Thanks, Friend
The Alerian MLP Index hit an all-time high in August 2014 before slumping by almost two thirds

Goldman Romps Past JPMorgan in Wall Street Battle of ETF Newbies
Sep. 20, 2016 - Bloomberg -  Two of the financial industry’s biggest names -- Goldman Sachs Group Inc. and JPMorgan Chase & Co. -- are in the race for Wall Street supremacy in the $3 trillion global market for exchange-traded funds.

How To Play Big Names Without All The Risk
Sep. 19, 2016 - seekingalpha.com -  Summary

Big tech stocks can be very volatile and risky, but are often worth the reward.

Exchange Traded Funds (ETFs) are some of the best ways to play the market with lower risk.

Charts Show Market-Tracking ETFs Are Deteriorating
Sep. 19, 2016 - The Street -  The weekly charts for the Dow Jones Industrial Average (INDU) , S&P 500 , and Dow Transports still have neutral weekly charts, but the Dow and S&P will have declining momentum this week. These three averages closed last week below their key weekly moving averages and would have negative weekly charts this weakness is sustained this week. The key weekly moving averages are 18,282.09 and 2,151.89 for the Dow and S&P, respectively. 

Sector Switch Trips Up An ETF
Sep. 19, 2016 - WallStreetJournal -  The rollout of the first new sector for the S&P 500 since the turn of the century hit a snag on Monday.

Nuveen Investments’ First ETF Goes Live
Sep. 15, 2016 - Barron's -  And now Nuveen Investments is in the ETF game.

The NuShares Enhanced Yield U.S. Aggregate Bond ETF (NUAG) hit the market on Thursday. The fund tracks an index comprised of investment grade government, corporate, residential and commercial mortgage-backed securities and asset-backed bonds. (The index is called the TIAA Enhanced Yield U.S. Aggregate Bond Index (TIAA Global Asset Management owns Nuveen)).

Millennials prefer ETFs, and it's all about cost
Sep. 15, 2016 - CNBC -  60 percent of millennials say ETFs will be their primary investment in the future. For baby boomers it's just 19 percent.

Making Sense of Commodity Exchange-Traded Products
Sep. 14, 2016 - ETF Trends -  For hundreds of years, investors have been buying and selling commodities. In fact, sources point to the first commodity futures contract dating back to the 1600s! Given this lengthy history of investing, it is quite surprising that investing in commodities was very difficult for the retail investor until exchange-traded products (ETPs) made things easier. 

Biotech ETFs: Rallying Because Hillary Clinton Has Pneumonia?
Sep. 12, 2016 - Barron's -  It sounds silly at first. But, at second blush, it sure seems like biotechnology stocks and exchange-traded funds are rallying in part because Democratic nominee Hillary Clinton is battling pneumonia.

Gold Miners ETFs can get Their Groove Back
Sep. 12, 2016 - ETF Trends -  Gold miners exchange traded funds, such as the VanEck Vectors Gold Miners ETF (NYSEArca: GDX) and the VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ), tumbled in August and to close last week as financial markets are left wondering if a Federal Reserve rate hike is imminent.

Fidelity Launches Six ‘Factor’ ETFs
Sep. 08, 2016 - WallStreetJournal -  Fidelity Investments, which made its name selling active managers seeking to beat the market, is launching six exchange-traded funds each focusing on a specific “factor” that drives risk or return.

Seeing through the standard approach to picking dividend winners
Sep. 06, 2016 - CNBC -  Yield has been the stock market's magic word in 2016 as investors look for just about any investment to provide the income that bonds can't seem to generate anymore in a negative-yield world.

Fidelity, Vanguard Place Active-Fund Bets
Sep. 05, 2016 - WallStreetJournal -  Actively managed exchange-traded funds were heralded as the birth of a new era in investments when they were launched in 2008.

15 ETFs With The Most Liquid Options
Aug. 31, 2016 - ETF.com -  For many investors, options are an important tool for hedging. If done right, just a small position in options can help manage risk in an investor's portfolio.

Muni-Bond Investors Stick With Active Fund Managers Even as They Fall Short
Aug. 29, 2016 - Bloomberg -  Municipal-bond buyers are sticking by their mutual-fund managers, even though the chance that many of them will beat the market is no better than a coin toss.

Consumer Sectors ETFs Hit By Slowing Retail Sales
Aug. 29, 2016 - The Street -  The S&P 500 set an all-time intraday high of 2,193.81 on Aug. 15 and remains well above its 50-day simple moving average of 2,144.37. The consumer sectors had been a source of stock market strength, but that leadership is beginning to fade as retail sales slow.

The Fed: Myths Vs. Reality
Aug. 28, 2016 - seekingalpha.com -  Traders, bloggers, media talking heads, and pundits of all stripes went into a feverish sweat as they anticipated the comments of Federal Reserve Chairman Janet Yellen at the annual economic summit held in Jackson Hole, Wyoming. 

WisdomTree Investments to Close 6 ETFs
Aug. 26, 2016 - ETF Trends -  WisdomTree Investments (NASDAQ: WETF), the sixth-largest U.S. issuer of exchange traded funds, plans to shutter six of its ETFs next month.

Another Bold Call on Gold ETF Investing
Aug. 26, 2016 - ETF Trends -  Gold and the related exchange traded products, such as the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL), have recently languished on intensifying speculation of an interest rate hike by the Federal Reserve and profit-taking.

Slick Oil Investors: Consider This MLP ETF Over Oil Funds
Aug. 25, 2016 - Benzinga -  Oil prices are rebounding this year, and interest rates are still near historic lows. The combination of those two scenarios is renewing investors' enthusiasm for high-yielding master limited partnerships (MLPs) and the corresponding exchange-traded funds.

The Latest Asset Management Price War: Target-Date Funds
Aug. 25, 2016 - WallStreetJournal -  More Americans are pouring money into set-it-and-forget-it retirement funds, setting off an arms race from money managers to cut prices to closer to zero.

A 10-ETF Portfolio
Aug. 25, 2016 - seekingalpha.com -  Summary

I'm working toward including ten ETFs in my retirement income portfolio.

The short-term plan is for each of the ten ETFs to have a 1% target allocation of the portfolio.

Despite setback, an ETF bets some dividend payers may falter
Aug. 24, 2016 - Thomson Reuters -  A U.S. exchange-traded fund with an innovative strategy is sticking to its bet the music will stop for some dividend-paying companies, even as its own performance has the tempo of a funeral dirge.



How To Find The Best Exchange-Traded Funds
Aug. 24, 2016 - Forbes -  One thousand six hundred and seventy-four exchange-traded funds are vying for your dollars. Don’t throw up your hands at the absurd complexity of it all. Just a few dozen of these funds are worth your attention.

Bearish China ETF Fades a Year After Rout Pushed It Over the Top
Aug. 21, 2016 - Bloomberg -  An exchange-traded fund designed to profit from declines in Chinese stocks that was a standout when it was created a year ago is now languishing as the country’s growth outlook improves.

Why Alternative Mutual Funds Are Better Than ETFs
Aug. 20, 2016 - Barron's -  Liquid alternatives can aid investors who want hedge fund strategies without high fees and lockup periods.

This Is Radical: Three New ETF Ideas That Actually Make Sense
Aug. 19, 2016 - WallStreetJournal -  More than 1,900 exchange-traded funds offer almost every investing strategy you could think of — and many that might occur to you only if you were drunk. Maybe the manic innovation needs to stop, and the fund industry should go back to basics.

Vanguard Asks SEC to Approve an Active ETF for U.S.
Aug. 17, 2016 - WallStreetJournal -  Vanguard Group is making another bid to launch a new stripe of investment fund in the U.S.

Zombie ETFs No Problem for Exchanges Dying to Dominate Listings
Aug. 16, 2016 - Bloomberg -  The Global X Health & Wellness ETF looks sick.
Launched on May 10 as a play on “healthy alternatives,” the fund has seen an average of 259 shares change hands per day. On half of those, no shares sold at all. While that’s thin volume, it would be the envy of iShares’ MSCI International Developed Size Factor ETF, which in 14 months has had 2,725 shares trade. Total.

A Time For Patience In Building A Portfolio
Aug. 15, 2016 - seekingalpha.com -  Summary

This retirement portfolio is anchored by 36 equities.

The 36 equities are ranked according to their nearness to target prices.

ETFs’ Hidden Trading Costs
Aug. 13, 2016 - Barron's -  Exchange-traded funds are often praised for their up-to-the-minute pricing and ability to trade throughout the day. But when they don’t trade frequently, they end up being much more costly to investors.

ETFs’ Hidden Trading Costs
Aug. 13, 2016 - Barron's -  Exchange-traded funds are often praised for their up-to-the-minute pricing and ability to trade throughout the day. But when they don’t trade frequently, they end up being much more costly to investors.

Fidelity Submits Proposal to Retrofit Closed-End Funds as ETFs
Aug. 11, 2016 - Bloomberg -  Fidelity Investments is taking a new tack in an industry push for actively managed exchange-traded funds. 

Fidelity Plans Non-Transparent Exchange-Traded Product
Aug. 11, 2016 - WallStreetJournal -  Fidelity Investments wants to launch a nontransparent, exchange-traded actively managed fund that would use the existing structure of closed-end funds as a potentially attractive way to boost wider adoption of active exchange-traded products.

Standard & Poor's New Real Estate Sector Is A Catalyst For REITs
Aug. 10, 2016 - Forbes -  On September 17, Standard and Poor’s will start a new Real Estate sector which will include all of the real estate investment trusts (REIT) that are currently classified in the Financial sector. Many institutional investors, mutual funds, and exchange traded funds are going to be required to move capital into this new sector when it becomes official. Sam Miklosko tells us what to expect and how we can take advantage of this situation.

Here Are 3 Dividend ETFs to Avoid and 3 Others to Grab Right Now
Aug. 08, 2016 - The Street -  Dividend exchange-traded funds have been some of the best-performing funds this year.

Are You An ETF ‘Trader’ Or An ETF ‘Investor’?
Aug. 08, 2016 - Barron's -  It’s often said the exchange-traded funds have “democratized” various investment strategies, meaning that they’ve given ordinary Joes and Janes access to leveraged strategies, commodities, and factor-based “smart-beta” methodologies that were previously limited to big institutions.

ETFs vs. Futures: A Shifting Landscape
Aug. 07, 2016 - Institutional Investor -  Futures contracts have traditionally been the go-to vehicle for cash equitization.

Better Bond ETFs
Aug. 06, 2016 - Barron's -  Most bond index funds have nearly 40% in Treasury bonds. That’s too much for investors looking for yield or diversification. Two new ETFs offer better options, offering yield without much more risk.

Turn to Quality Dividend ETFs for a Sluggish Outlook
Aug. 05, 2016 - ETF Trends -  Equities have jumped some major hurdles and broke new highs, but the markets are running out of steam after a multi-year bull rally and still face some challenges ahead. Consequently, investors should consider high-quality stock exposure, such as exchange traded funds that track dividend growers, as a way to limit risks while participating in any upside potential.

July Produced Mixed Bag of Results for 10 S&P Sector ETFs
Aug. 01, 2016 - The Street -  August is not looking any better than July for the exchange-traded funds representing the 10 sectors of the S&P 500.

Gold ETFs Won’t Lose Their Luster This Year
Jul. 30, 2016 - Barron's -  Gold-bullion ETFs are big players and can influence gold’s price. But interest rates play a role, too.

How to Fix the ETF Industry
Jul. 30, 2016 - Barron's -  ETFs aren’t in crisis, but are in transition. Changes are needed so investors can trade safely.

The 3 Best Emerging Markets Funds
Jul. 30, 2016 - Barron's -  Investors need a fund manager adept at maneuvering through bumpy stretches and delivering good risk-adjusted returns. We found three with exemplary records.

Bill Gross Is Running His $1.5 Billion Mutual Fund by Himself — Again
Jul. 28, 2016 - Bloomberg -  Bill Gross is running his $1.5 billion Janus Global Unconstrained Bond Fund by himself -- again.

With Yields As High As 10%, Real Estate Funds Drum Up Assets And Appeal
Jul. 28, 2016 - Investor's Business Daily -  Real estate securities continue to shore up their popularity with ETF investors, with demand for these income-producing assets accelerating in recent months.

Japanese ‘Helicopter Money’ Prospect Has Yen Traders On Edge
Jul. 27, 2016 - WallStreetJournal -  The possibility of fresh stimulus from Japan is intensifying investor scrutiny of one of the most eventful relationships in financial markets this year, the yen-dollar exchange rate

State Street Fee Revenue Drops on Weaker Market Conditions
Jul. 27, 2016 - WallStreetJournal -  State Street Corp.’s shares jumped nearly 7% after the trust bank reported a quarterly profit that beat Wall Street estimates on lower costs.

Direxion Adds New ETFs, Reverse Splits 4 ETFs, Forward Splits 5 ETFs
Jul. 27, 2016 - ETF Trends -  Direxion, the second-largest issuer of inverse and leveraged exchange traded funds, announced Wednesday it has added two new ETFs to its existing lineup of leveraged and inverse ETFs.

Exchange-Traded Funds Buy Up Gold to Balance Demand
Jul. 26, 2016 - Wall Street Daily -  Physical demand for gold hit a seven-year low in the second quarter, but exchange-traded funds bought up enough of the metal to balance out the loss, London-based metals consultant GFMS said.

Low-Vol ETFs Still Have Some Life Left
Jul. 23, 2016 - Barron's -  Low-volatility ETFs have been flooded with money, sending the stocks they own to record-high valuations. That may seem like a sign to sell, but investors should hang on for a bit.

WisdomTree's Range of ETFs and ETPs a Boon for Investors
Jul. 22, 2016 - The Street -  Investor demand for exchange-traded products is growing. That works to the favor of WisdomTree Investments (WETF) .

4 Bond ETFs Hit Record Highs As Yields Diminish
Jul. 22, 2016 - Investor's Business Daily -  Four ETFs that track the bond market have landed on the IBD sector rotation index, thanks to a surge in performance that is soundly beating the stock market.

SEC to Fast-Track Active ETFs
Jul. 22, 2016 - WallStreetJournal -  The Securities and Exchange Commission moved to expedite the approval of exchange-traded funds run by human stock and bond pickers, a boost for the fast-expanding ETF industry.

5 ETFs With Highest Single Stock Risk
Jul. 20, 2016 - ETF.com -  Exchange-traded funds are a great tool for building portfolios. With the click of a button, investors can get access to thousands of stocks across multiple geographies in a single ETF.

This Tech ETF With Less In Apple And Alphabet Is Better Off For It
Jul. 20, 2016 - Investor's Business Daily -  Major ETFs flexed higher Wednesday as surging semiconductor and technology stocks lifted the stock market to a fresh all-time high.

Bond ETF funds attract $73bn this year
Jul. 18, 2016 - Financial Times -  Brexit has meant interest rates are expected to be lower for longer, forcing investors to search for safe assets with a non-negative yield, creating massive demand for bonds that has pushed sovereign debt yields to new lows.

‘Return expectations of financial assets have to come down’
Jul. 17, 2016 - Financial Times -  But boasting is not Ron O’Hanley’s style.

“I hope you don’t think that I can’t hold down a job,” says Mr O’Hanley, who was hired in 2015 to revive the fortunes of State Street Global Advisors, the $2.4tn investment arm of Boston-based bank State Street.

A Gold ETF That Lets You Redeem Shares for Gold
Jul. 16, 2016 - Barron's -  How much is fear worth? That, in a nutshell, is the difficulty in valuing gold. It’s the currency of last resort for those who are afraid that all other assets will eventually become worthless. The greater investors’ angst, the higher gold’s value. Thus it commands a “fear premium” unlike any other asset.

Counterpoint: Recent Hedge Fund Bashing Is Really About Fee Structure ‘Moral Superiority’
Jul. 14, 2016 - Barron's -  This blogger always enjoys hearing from Cumberland Advisors’ David Kotok, an early adopter of exchange-traded funds and host of an annual August fishing trip for industry pros known as “Camp Kotok.”

New Exchange-Traded Product SolidX Bitcoin Trust to Launch on NYSE Arca
Jul. 14, 2016 - Bitcoin Magazine -  Blockchain technology company SolidX Partners has announced that it has filed a registration statement with the Securities and Exchange Commission (SEC) for the proposed launch of the SolidX Bitcoin Trust, a new Exchange-Traded Fund (ETF) for traditional investors.

U.S. Investors Flock to Booming Canada ETF Amid Political Unease
Jul. 14, 2016 - Bloomberg -  U.S. investors leery of the outcome of a presidential race featuring two of the most unpopular candidates in history may already be voting with their dollars -- in Canada’s booming equity market.

UBS to Offer NextShares on Its Financial Adviser Network
Jul. 13, 2016 - WallStreetJournal -  UBS Financial Services Inc. said Wednesday that it plans to make NextShares, a new breed of fund that Eaton Vance Corp. launched earlier this year, available on its financial-adviser network next year.

How to Trade Gold Miners After 121% Gain in 2016
Jul. 13, 2016 - Barron's -  While stocks have had a nice run since investors got over the Brexit, gold has been rallying all year. The yellow metal is up 26% in 2016 and gold miners, which tend to rise faster in good times and fall harder in bad, have more than doubled. Now some investors have begun positioning for the miners to tumble.

BlackRock Hires Credit Suisse’s Philip Vasan as Part of Push to Attract Retail Investors
Jul. 12, 2016 - WallStreetJournal -  Vasan will coordinate efforts to develop products and new portfolios for private banks and independent wealth advisers

A Low Vol ETF Love Affair
Jul. 12, 2016 - Benzinga -  One of the most prominent themes in the world of exchange-traded funds this year is investors' love affair with low volatility strategies, including the iShares Edge MSCI Min Vol USA ETF (iShares Trust
USMV 0.36%) and the PowerShares S&P 500 Low Volatility Portfolio (PowerShares Exchange-Traded Fund Trust II SPLV 0.43%).



The Vanguard Total Bond Market Index Fund Can Take the Guesswork out of Bond Investments
Jul. 12, 2016 - The Motley Fool -  The Vanguard Total Bond Market Index Fund (NASDAQMUTFUND:VBMFX) is designed to give investors broad, diverse exposure to U.S. investment-grade bonds, both government and corporate, of varying maturities. Although bonds are seen as risk-free by many investors, there are some things to take into consideration before investing in the fund.

ETFs expected to nearly triple in US in next five years
Jul. 12, 2016 - CNBC -  The ETF industry has come a long way in 23 years, and indications are that it's only going to get bigger — a lot bigger.

Shark Tank’s O’Leary Surfaces With 17 New ETF Offerings
Jul. 12, 2016 - Bloomberg -  Kevin O'Leary is out to carve a niche for himself in the world of exchange-traded funds.

Brexit Winner? Exchange-Traded Funds
Jul. 11, 2016 - WallStreetJournal -  When the going got rough as the British voted to leave the European Union last month, investors turned to exchange-traded funds.

Flagship Stock And Bond ETFs Are Surging In Tandem To All-Time Highs
Jul. 11, 2016 - Investor's Business Daily -  Flagship ETFs tracking the S&P 500 on Monday hit their highest levels in the past year, with gains bookended by strong job growth in the U.S. and hopes of more stimulus out of Japan.

Yes, The New Video Game ETF Has Exposure To Pokémon
Jul. 11, 2016 - Barron's -  This blogger, growing up in the ’80s, was bitten by Ghostbusters bug. Hard.

ETF liquidity a growing point of financial industry contention
Jul. 10, 2016 - Investment News -  For a lot of financial advisers, the primary appeal of exchange-traded funds boils down to low fees and liquidity. There is no disputing the low fees, which provide investors with varied and broad market exposure for mere basis points, in most cases. But the liquidity has become a growing point of contention throughout the financial services industry and is something advisers using ETFs need to follow.

Vanguard Emerging Markets ETF: Pros and Cons
Jul. 09, 2016 - The Motley Fool -  The Vanguard FTSE Emerging Markets ETF (NYSEMKT:VWO) offers investors the opportunity to tap into emerging markets at a tiny price. Here are the pros and cons to investing in emerging markets with Vanguard's exchange-traded fund.

Investors shift into corporate bonds with eye on higher returns
Jul. 08, 2016 - Financial Times -  Investors poured money into corporate bond funds over the past week, as demand for fixed rate returns accelerated against the backdrop of global government debt yields hitting record lows.

InfraCap: A Hefty Yield from MLPs
Jul. 08, 2016 - MoneyShow -  As to where the best values exist, -- assuming the world will maintain its slow growth recovery -- commodities and specifically energy are where we can continue to add exposure.

There's Been an ETF 'Explosion,' Bloomberg TV's Barton Says
Jul. 08, 2016 - The Street -  There has been an "explosion" of ETFs since 2014, Bloomberg TV's Mark Barton reported on "Bloomberg Markets" Friday morning. There are over 7,000 of these funds around the world and four new launches every day. Barton brought in Bloomberg Intelligence ETF reporter Eric Balchunas to discuss "whether this is ETF overkill."

What Do You Do When Your Winning ETF Has Run Up More Than 200%?
Jul. 08, 2016 - Investor's Business Daily -  Sometimes, a winning stock or ETF is reason for investors to pop the cork. Other times, it may very well be the cause of heartbreak or sleepless nights.

Equity ETF inflows grind to a halt
Jul. 07, 2016 - Markit -  Half way through 2016, net inflows into global equity ETFs are tracking for the worst annual inflow in almost fifteen years as market jitters and increased volatility see the asset class experience the worst two consecutive quarterly outflows seen in over five years.

'Fallen angel' ETFs bet big on further energy renaissance
Jul. 07, 2016 - Thomson Reuters -  The top-performing high-yield bond exchange-traded fund is betting big that energy companies will not be deadbeats.

Silver ETF Bulls Just Can’t Get Enough
Jul. 06, 2016 - ETF Trends -  With the iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR) both up more than 42% this year, logic might tell us that professional investors are starting to bet against silver. However, recent data suggest the opposite is true.

The Best Emerging Market Stock ETFs
Jul. 06, 2016 - The Motley Fool -  Emerging markets have proven to be trying investments over the last several years. For those willing to bet on a longer term rebound, here are three ETFs to take note of.

Are Emerging Markets Bond ETFs Still a Good Idea?
Jul. 06, 2016 - ETF Trends -  With investors thirsty for yield and income, low and negative-yielding developed world sovereign bonds, while safe, are increasingly unappealing for income-generating purposes. Conversely, exchange traded funds, such as the iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSEArca: EMB) and the Market Vectors Emerging Markets Local Currency Bond ETF (NYSEArca: EMLC), are appealing thanks to their significantly higher yields.

How The 3 Most Heavily Traded ETFs Are Faring: Impressive Recovery
Jul. 05, 2016 - Investor's Business Daily -  The three most actively traded ETFs in dollar volume have zigged and zagged in June. SPDR S&P 500 (SPY) and iShares Russell 2000 (IWM) soared to 2016 highs, then fell just as hard amid Federal Reserve moves and a Brexit headwind.

Treasury Bonds, Gold, Utility Stocks -- Should You Join the Rush to Buy?
Jul. 05, 2016 - The Street -  As U.S. investors return from the July 4 holiday, they will find the yield on the U.S. Treasury bond at an all-time low and gold futures just below their multiyear high, set on June 24. Global investors are seeking "flight to safety" investment strategies. 

BOJ-inspired ETFs for big-spending Japan firms struggle to get investors
Jul. 05, 2016 - Thomson Reuters -  Japanese asset managers answered the Bank of Japan's call to set up exchange traded funds comprising companies who invest in their staff and facilities. But investors have not been attracted to the ETFs, even though the central bank is helping them.

Hot Tip: Buy Vanguard*
Jul. 05, 2016 - Bloomberg -  *If only the low-cost fund giant were publicly traded. Meanwhile, here’s how the Vanguardians of the galaxy make out.

Active Equity ETFs Make Their Case
Jul. 04, 2016 - WallStreetJournal -  Their numbers are shrinking, but some investors still think a fund manager can beat an index. For those believers, actively managed equity ETFs offer a cheaper alternative to their mutual-fund counterparts.

The Best Commodity ETFs
Jul. 04, 2016 - The Motley Fool -  Bank on rising commodity prices with these specialized and diversified commodity ETFs. Here's how to own commodities including gold, silver, oil, natural gas, cattle, corn, soybeans and more.

West China Cement Shares Plunge After Anhui Conch Deal Collapses
Jul. 03, 2016 - Bloomberg -  West China Cement Ltd. fell 29 percent in Hong Kong after trading resumed following the collapse of a proposed deal with Anhui Conch Cement Co.

Be Wary of ETFs That try to Time the Market
Jul. 02, 2016 - Barron's -  ETFs that promise safety because they move out of stocks when the market is tanking can seem appealing. But they tend to stay in cash too long, and investors could miss a rebound.

Best Small-Cap ETFs
Jul. 02, 2016 - The Motley Fool -  Thanks to an explosion in exchange-traded funds, investors have more fund choices than ever before. But when it comes to small-cap ETFs, there are really only three worthwhile contenders. These three funds track three different indexes, providing investors with unique exposures. 

Bond ETFs Surge As Treasury Yields Hit Record Lows
Jul. 01, 2016 - ETF.com -  It finally happened. After nearly three years, U.S. government bonds yields today hit new all-time lows, joining other developed-market bond yields, which had been falling for months.

SPY ETF Brushes Off Sharp Post-Brexit Losses To Post A Gain In June
Jun. 30, 2016 - Investor's Business Daily -  Thursday, like the month of June as a whole, came in like a lamb and went out like a lion for major stock ETFs. Investors digested news that more stimulus efforts may be coming from the Bank of England.

Winklevoss Brothers Dump Nasdaq For Proposed Bitcoin Fund
Jun. 29, 2016 - Fortune -  Investors Cameron and Tyler Winklevoss on Wednesday filed to switch the listing of their proposed bitcoin exchange-traded fund to BATS Global Markets from Nasdaq, according to a filing with the Securities and Exchange Commission.

After Brexit, Look to Sector and Country ETF Diversification
Jun. 28, 2016 - ETF Trends -  The recent fallout in response to the United Kingdom’s referendum vote on breaking ties with the European Union revealed the potential pitfalls international stock exchange traded fund investors face as traditional market capitalization-weighted country and sector exposure may leave investors open to unnecessary risks.

In the Midst of Brexit Chaos One BlackRock ETF Had a Big Day
Jun. 28, 2016 - Bloomberg -  Amid Friday’s rout in the financial markets following Britain’s vote to leave the EU, one exchange-traded fund was having a pretty good time.

ETFs Accounted for 31% of All Stock Trading During Friday’s Swoon
Jun. 27, 2016 - Barron's -  Huge market tumbles stoke heavy trading in exchange-traded funds as traders unload and hedge core positions.

Charts Show Consumer Staples, Energy, Utilities Sectors Vulnerable After 'Brexit'
Jun. 27, 2016 - The Street -  In a shook-up stock market world after the British vote to leave the European Union, the S&P 500  as a whole has a negative weekly chart. So do seven sectors: materials, industrial, consumer discretionary, financial, health care, technology and transports.

Encouraging Signs for Emerging Markets ETFs
Jun. 27, 2016 - ETF Trends -  Immediately following the stunning Brexit vote, emerging markets stocks and exchange traded funds may not be the first asset class investors are running to embrace, but there are some encouraging technical signs for ETFs such as the popular iShares MSCI Emerging Markets ETF (NYSEArca: EEM).

Gold ETFs See Brexit Bonus As Assets Fly To Safe Havens
Jun. 27, 2016 - Forbes -  The post-Brexit carnage in global markets has left investors scrambling into any asset class that has shown at least some resistance to the rout. Amid the flight to safe havens, gold and gold-backed ETFs have grown even more popular, continuing their 2016 climb.

What's Next for the Stock Market This Week Post-'Brexit?'
Jun. 27, 2016 - The Street -  Is the bear finally here?

A week ago the weekly charts were flashing technical warnings despite the high probability that he U.K. would vote to stay in the European Union. Even with the Dow Jones Industrial Average (INDU) closing above 18,000 on Thursday and with the S&P 500 within 1% of its all-time high, weekly momentum (12x3x3 weekly slow stochastics) continued to decline.

Eton Park’s Gold Bet Pays Off as ETFs Soar Most in Four Years
Jun. 27, 2016 - Bloomberg -  Big gold bets made earlier this year by investors including Eric Mindich’s Eton Park Capital Management are paying off.

Brexit Surprised Hedge Fund Managers Used to Picking Winners
Jun. 26, 2016 - CNBC -  Even some of the smartest guys in the room got this one wrong.

The billionaire hedge fund manager Leon Cooperman told an audience of Wall Street insiders on Wednesday that there was a 70 percent probability that Britain would stay inside the European Union. "I don't worry about Brexit," he added.

Hedge Fund Avoids Commodities, Posts Big Gains
Jun. 25, 2016 - Barron's -  One early investment of the LHC Capital Australia High Conviction fund wasn’t all that unusual for a Sydney-based firm: It bought a stake in a mining company that seemed poised to offer big returns. With gold prices rising in 2011, the hedge fund bought shares in Teranga Gold, which had a cheap stock price and proven reserves in Senegal. A bank had insisted that Teranga have a sizable hedge against a fall in gold prices as part of a financing package to build a refining mill. With the project nearly done and the expensive hedge about to expire, Teranga was expected to enjoy a jump in free cash flow, enabling it to pay a big dividend. But Teranga’s executives abruptly changed course, redirecting the cash flows toward more—and by LHC’s reckoning, riskier—exploration. By March 2013, with gold prices headed south, LHC sold out at a 45% loss.

Financial ETFs Lose REITs
Jun. 25, 2016 - Barron's -  You know what they say about real estate: location, location, location. Now that applies to real estate stocks as well.

Jeff Gundlach's bond fund is about to score a major win
Jun. 23, 2016 - CNBC -  Jeff Gundlach's upstart bond fund has gone from the new kid on the block to a full-fledged grown-up in relatively little time.

Biggest crop ETF on track for best year since 2009
Jun. 23, 2016 - Financial Times -  The largest exchange-traded fund linked to crop prices is again absorbing money after years of outflows, in a sign investors are warily returning to commodities markets.

China Fund Manager Lists Its First Sovereign Bond ETF in London
Jun. 21, 2016 - Bloomberg -  Fullgoal Asset Management (HK) Ltd., a Chinese asset manager, is listing an exchange-traded fund in the U.K. that tracks the performance of yuan-denominated sovereign bonds.



How Will the 'Brexit' Vote Affect These Sector ETFs?
Jun. 20, 2016 - The Street -  Thursday's vote on whether Britain stays in the European Union has weighed on the minds of U.S. investors for a week, and with good reason. If Britain votes to stay it could delay a bear market for stocks, even with technical warnings among the 10 exchange-traded funds that track sectors of the S&P 500.

Father of ETFs: 'No point just trying to undercut BlackRock'
Jun. 20, 2016 - Financial News -  Although global assets in ETFs have soared to trillions of dollars, there is still immense scope to devise creative versions of the products that subvert conventional approaches to asset management, Kranefuss, chairman of ETF provider Source, told the Inside ETFs conference in Amsterdam on June 14.

Sometimes You Have To Beat A Dead (Exchange Traded) Horse
Jun. 19, 2016 - seekingalpha.com -  Summary

Sometimes you have to beat a dead horse.

Common sense has officially been abandoned and left for dead in the ETF market.

VIX ETF Trading Goes Bananas
Jun. 17, 2016 - Barron's -  It was an enormously busy week for trading in volatility-related exchange-traded funds and notes.

The Fed Is No Longer Dictating ETF Flows as Stock Market Fear Takes Over
Jun. 16, 2016 - Bloomberg -  It's the end of an era.
Since 2008, the vast majority the flows in and out of certain exchange-traded funds (ETFs) have been driven by what the Federal Reserve was doing or saying. One word spoken by Former Fed Chair Ben Bernanke or his successor, Janet Yellen, would send billions in and out of the same ETFs in the same patterns. But this year is different as the Fed—and the fear of rising interest rates—have taken a back seat to a more natural cause: the fear of a collapse in the stock market.

An ETF Pioneer Says Gold Flashed a Buy for Emerging Markets
Jun. 15, 2016 - Bloomberg -  When Stephen Cucchiaro looks at gold, he sees a stable frame of reference instead of a volatile asset whose price zigzags up and down.

Pros Just Getting Started in ETFs With Bite Seen at $300 Billion
Jun. 14, 2016 - Bloomberg -  Exchange-traded funds, long the province of small-time investors, are finding increasing acceptance with professionals who are expected to add $300 billion to the products each year by 2020.

Once indifferent, advisors hop onto ETF bandwagon
Jun. 09, 2016 - CNBC -  When exchange-traded funds crept onto the investing scene in the early 1990s, not many financial advisors paid attention.

In recent years, however, ETFs have become a linchpin for advisors, many of whom are relying almost entirely on these rapidly-growing products when putting together their clients' portfolios.

Making Sense Of The Biggest Gold ETF’s Murky Chart Action
Jun. 07, 2016 - Investor's Business Daily -  The market’s more uncertain, key world economies are sending interest rates to zero- or negative-land, and the dollar’s near a four-week low. That’s all bullish for gold — so why has price action in the largest gold ETF been so dull?

Best & Worst Performing ETFs So Far In 2016
Jun. 03, 2016 - ETF.com -  It's been a good year for financial markets so far in 2016. After a bumpy start to the year, most major asset classes are up through the end of May, including stocks, bonds and commodities.

Actively Managed Funds Continue to Lag Indexing, Passive ETFs
Jun. 03, 2016 - ETF Trends -  The ongoing underperformance in actively managed mutual funds is triggering a shift in the fund industry toward cheaper, passive index-based exchange traded funds.

Mutual funds and ETF flows send market conflicting signals
Jun. 02, 2016 - Thomson Reuters -  Investors in U.S.-based exchange-traded funds charged back into the markets in force over the last week, Lipper data for the weekly period ended Wednesday showed, delivering stock ETFs $3.9 billion in their largest inflow since April.

Triple-Leveraged ETFs Carry Wealth Risks
May. 30, 2016 - seekingalpha.com -  There was a time when fast-food patrons were satisfied with Burger King's Double Whopper. But eventually, diners yearned for more than just two flame-broiled meat patties.

Why Index-Tracking ETFs Don’t Perfectly Track Indexes
May. 27, 2016 - Barron's -  Nearly all exchange-traded funds track indexes. But there are many reasons why an ETF might not track its index perfectly.

Japan May Be Onto Something with Its New ETF-Style QE
May. 24, 2016 - Bloomberg -  Necessity is the mother of invention, even when it comes to quantitative easing.
After exhausting other, more traditional forms of asset purchase, the Bank of Japan is kicking off its investments in several custom-made exchange-traded funds, or ETFs, that screen specifically for companies that increase workers' wages and carry out the most capital expenditure. The new custom-made ETFs track the following indexes: the MSCI Japan Human and Physical Investment Index, the JPX/S&P Capex & Human Capital Index, and the Nomura Enterprise Value Allocation Index.

Investors Reignite Love for Corporate Bond ETFs
May. 23, 2016 - ETF Trends -  Amid what has been sanguine interest rate environment to this point in 2016, investors are renewing their enthusiasm for corporate bond exchange traded funds, including investment-grade and high-yield fare.

Investors enjoying a steady diet of smart beta
May. 23, 2016 - CNBC -  Smart beta has been one of the fastest-growing investment strategies in the United States, with investors adding roughly $10 billion to smart beta mutual and exchange-traded funds in the last 12 months.

Investors enjoying a steady diet of smart beta
May. 23, 2016 - CNBC -  Smart beta has been one of the fastest-growing investment strategies in the United States, with investors adding roughly $10 billion to smart beta mutual and exchange-traded funds in the last 12 months.

Here's One Way of Saving the Winklevoss Twins' Bitcoin ETF Dream
May. 23, 2016 - Bloomberg -  The Winklevoss twins seem to have the best timing but the worst luck.
When the Winklevii filed for a physically backed bitcoin exchange-traded fund nearly three years ago, it created a stir. Their zeitgeist-capturing ETF filing garnered more press attention than all 139 new ETF launches that year combined but soon ran into a wall in the form of U.S. securities regulators.

S&P ETFs Attempt To Fend Off 4 Weeks Of Losses: What The Problem Is
May. 20, 2016 - Investor's Business Daily -  Major stock ETFs strode briskly into the open Friday, buoying investors’ hopes that the indexes they track will shake off a string of weekly losses.

ETFs Prone to Pricing Disruptions Could Prompt New Rules, SEC’s White Says
May. 20, 2016 - WallStreetJournal -  U.S. market regulators are conducting a sweeping review of exchange-traded funds, weighing the possibility of new rules aimed at trying to contain trading and pricing disruptions that can harm investors.

Buy Utilities, Energy, Materials, the Best of 10 S&P Sector ETFs
May. 20, 2016 - The Street -  There's an interesting tug-of-war among the three leading sectors of the S&P 500, which are utilities, energy and materials. This battle is between investments considered "risk-off" versus investments considered "risk-on."

A Close Look At AMZA - An ETF With 20% Yield
May. 19, 2016 - seekingalpha.com -  Summary

InfraCap MLP ETF AMZA is an actively managed Exchange Traded Fund focused on the Midstream Oil & Gas MLP space. The managers are Infrastructure Capital Advisors.

AMZA is a relatively new ETF which started trading in late 2014. The ETF currently yields close to 20%.

Is 'Smart Beta' Investing Still Smart After Taxes?
May. 16, 2016 - Forbes -  In my new book The Overtaxed Investor, I conclude that smart beta investing is still smart after taxes. How is that working for you lately? Let’s pop open the hood and take a look.

Three ETFs That Will Never Scare You To Death
May. 13, 2016 - Investor's Business Daily -  Three exchange traded funds that specialize in dividend stocks are tracing bullish patterns on their charts. Moreover, they seldom drop more than 15%.

The Best, And Worst, High Yield Investment Today
May. 11, 2016 - Forbes -  Billionaire “Bond God” Jeffrey Gundlach just shared his favorite short idea at the Ira Sohn investment conference last Wednesday. Dividend investors take note –the high priest of fixed income just panned your longtime standby!

ETF Stats For April 2016: Smart Beta ETFs Surpass 600
May. 11, 2016 - seekingalpha.com -  Twenty-six new ETFs came to market in April, producing the briskest pace of the past six months. Only five delistings occurred during the month, and the net increase of 21 results in a tie for the largest increase of the past nine months. April ended with 1,884 listed products, consisting of 1,681 exchange-traded funds ("ETFs") and 203 exchange-traded notes ("ETNs").

Hardcore Bear ETFs Poised to Swell Past Bulls as Inflows Surge
May. 11, 2016 - Bloomberg -  The most aggressive traders are joining the growing ranks of those betting against the three-month rally in U.S. stocks.

There's a Reason New ETFs Look Too Silly or Complex
May. 10, 2016 - Bloomberg -  When it comes to new exchange-traded funds, investors are doing a lot of eye-rolling and head-scratching. And rightfully so.

Commodity ETFs Are Outperforming Stocks, Bonds
Apr. 29, 2016 - ETF Trends -  Commodity exchange traded funds are enjoying their best month since 2010 and are beating traditional equities and fixed-income assets to boot.

This Emerging Market ETF May Be Popular, but at a Price
Apr. 29, 2016 - Bloomberg -  Would you pay $1,000 for the original iPhone?
Of course you wouldn't. But that's basically what some institutional investors do all the time when they use exchange traded funds—and why retail investors may be ahead of the curve.

17 Healthcare ETFs Investors Should Check Up On
Apr. 28, 2016 - ETF Trends -  The healthcare sector is the third-largest sector in the S&P 500 and has been a primary driver of the current bull market. That is until this year when thanks in large part to struggles by biotechnology stocks, healthcare exchange traded funds of several different varieties have encountered stumbling blocks.

Dollars and Sense and ETFs
Apr. 23, 2016 - Barron's -  Easy-money policies from central bankers in recent years used to mean that profiting from currency moves was, well, easy money. Times have changed. A one-way rally in the U.S. dollar has sputtered this year, leaving investors who pumped billions of dollars into currency-hedged exchange-traded funds wrong-footed. Fund companies are undaunted, though, and the latest crop of hedged currency ETFs seeks to remedy the situation with active offerings that dart in and out of currency markets rather than take one-way, static bets. Taming notoriously volatile currency markets is a tall order and, as usual, most investors are better served sticking with the less-complicated products.

As Emerging-Market Funds Drop, So Do Fees
Apr. 23, 2016 - WallStreetJournal -  U.S. investors have found one benefit in the emerging-markets rout of the past few years: falling mutual-fund fees.

High Income ETFs Worth Their High Costs
Apr. 20, 2016 - seekingalpha.com -  With negative interest rates dominating international headlines and the benchmark 10-year U.S. Treasury yields slipping to below 2%, there is huge demand for income ETFs. Yield-hungry investors have rushed to high-dividend securities and ETFs in search of steady current income.

ETF And ETN Products: Look Under The Hood
Apr. 18, 2016 - seekingalpha.com -  Summary

For better or worse -- ETF and ETNs are supposed to replicate.

Commodities are making a comeback.

Never count on a name.

Emerging Market ETF Inflows Almost Double in 9th Week of Gains
Apr. 18, 2016 - Bloomberg -  Investment flows into U.S. exchange traded funds that buy emerging-market stocks and bonds almost doubled, extending the longest winning streak since last May to nine weeks.

Don't try to time end of bull market — do this instead
Apr. 18, 2016 - CNBC -  The bears haven't exactly gotten their way. Even with global economic forecasts ratcheted down, the S&P 500 moving sideways and an earnings outlook that isn't great, stocks have proved resilient.

3 ETFs To Fund A Happy Retirement
Apr. 17, 2016 - Forbes -  They’re two deadly mistakes I see retirees—and non-retirees—make again and again: being seduced by so-called “safe” investments and overpaying on fees.

SEC Says Other Funds Don’t Pose Same Risk as Third Avenue
Apr. 14, 2016 - WallStreetJournal -  U.S. market regulators said they are satisfied that the collapse of a distressed-debt bond fund last year doesn’t portend problems for investors in the rest of the $14.3 billion industry.

Can the Yen ETF Keep Soaring?
Apr. 14, 2016 - ETF Trends -  As has been widely noted, the Japanese yen has been bid higher this year as global investors have sought safer assets, making it one of the best-performing developed market currencies. That has helped the CurrencyShares Japanese Yen Trust (NYSEArca: FXY) to a year-to-date gain of nearly 10%, easily one of the best showings among currency exchange traded funds.

Is the NYSE Losing Its Luster for ETFs?
Apr. 12, 2016 - ETF Trends -  There is a battle going on behind the scenes in the exchange traded fund industry.

The New York Stock Exchange, the previously go-to exchange for ETF listings, is slowly losing ETF market share to Bats Exchange and NASDAQ Stock Market as more fund providers look to diversify their U.S. listings.

Fidelity Seeks SEC Approval to Start Its First Smart-Beta ETF
Apr. 12, 2016 - Bloomberg -  Fidelity Investments is seeking permission to offer exchange traded funds that track customized indexes, providing the firm with an entree into the fastest growing sector of the ETF market.

Gold investment demand in China spurs ETF inflows, new products
Apr. 12, 2016 - Thomson Reuters -  Growing confidence in gold's price rally is underpinning investment demand for the metal in top consumer China, driving inflows into bullion-backed funds and prompting financial institutions to launch new products in the country.

Mutual Funds As Tax Traps: Is Your Fund Into 'Swapping'?
Apr. 11, 2016 - Forbes -  Many investors, bored with their usual positions, are curious about swapping.  Swapping can deliver added spice to your portfolio’s tax life. Unfortunately, traditional mutual funds are just not into it – but luckily exchange traded funds are.

$35 Oil Might be Alright for This ETF
Apr. 08, 2016 - ETF Trends -  Goldman Sachs was out with some interesting oil commentary Thursday, saying oil at $35 a barrel is an ideal price area and makes some U.S.-based exploration and production companies compelling buys. That includes some of the stocks found in exchange traded funds, such as the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEArca: XOP).

The Changing Face Of Sector ETFs
Apr. 07, 2016 - ETF.com -  Exchange-traded funds that exclude some sectors and funds that use smart-beta factors are part of several new and notable sector-related ETF launches. Unique takes on the sector space are often few and far between—2014 saw only a scattered handful—but over the past year or so, there has been what seems like a burst of such funds.

Hungry for ETF Listings, Bats Pokes at Foes in Investor Pitch
Apr. 07, 2016 - Bloomberg -  Bats Global Markets Inc. is telling prospective investors that it’s trying to gobble up a piece of NYSE Group Inc.’s $2 trillion ETF listing pie.
Chris Concannon, chief executive officer of Bats, has called out the company’s older, market-leading competitor in his initial public offering pitch to potential shareholders. U.S. market operators are locked in an ongoing fight to be the most attractive spot to list the increasingly popular exchange-traded funds. So far this year, there have been four times the number of ETF debuts as corporate listings.

Bond ETFs Attracted Record U.S., Global Inflows in First Quarter
Apr. 06, 2016 - Bloomberg -  Exchange-traded funds that invest in fixed income attracted record deposits in the first quarter.
Bond ETFs had inflows of $43.7 billion globally and $31.8 billion in the U.S. in the first three months of the year, according to a report Wednesday from BlackRock Inc. BlackRock’s iShares unit is the world’s leading provider of ETFs, funds that trade throughout the day like stocks.

Emerging Market ETF Inflows Surge to $9 Billion in Record Month
Apr. 04, 2016 - Bloomberg -  Investors pumped more than $1 billion into U.S. exchange traded funds that buy emerging market stocks and bonds last week, bringing the month’s inflows to a record $9 billion.

Some Commodities Leave the Doghouse
Apr. 03, 2016 - WallStreetJournal -  After years of shunning commodities, investors are once again making big bets on the sector by jumping into exchange-traded funds.

The buying is primarily in oil and gold, and not every observer of the market agrees that the money will stay put in these funds for very long. But the binge is still impressive.

Risky retail funds threaten investors
Apr. 03, 2016 - Financial Times -  Brussels has been accused of failing to warn investors about the risks they face in complex funds, leaving pensioners and savers potentially exposed to heavy and unexpected losses in a market downturn.

Low-Rate Environment Will Help Support Gold ETFs
Apr. 02, 2016 - ETF Trends -  Global central banks have shown that they are willing to adopt negative interest rate policies to stimulate stagnate growth. Consequently, in this new so-called NIRP environment, gold exchange traded funds could continue to shine.

This Little-Known Peru ETF Is on Top of the World, Thanks to Gold
Apr. 01, 2016 - Bloomberg -  No one is happier to see this year’s rebound in precious metals than an obscure Peru exchange-traded fund (ETF).
The iShares MSCI All Peru Capped ETF (EPU) is up 30 percent on the year, making it the best-performing single country ETF of all 196 such funds in existence. This is nothing short of a miraculous turnaround for an ETF that had lost 53 percent in the three years prior to 2016.

Triple-X ETFs Are Just What Consumers Want, Money Managers Tell SEC
Mar. 31, 2016 - The Street -  ProShares and Direxion, purveyors of exchange-traded funds that promise double or even triple the returns received from regular ETFs, said an unprecedented U.S. effort to curb their use of risky derivatives is misguided.

ETFs Tracking Liquid Alts Outperform Traditional Hedge Funds
Mar. 24, 2016 - ETF Trends -  Exchange traded funds that track liquid alternatives or replicate hedge fund strategies are beginning to outperform traditional hedge funds that they were mimicking.

A New Emerging Markets ETF With A Volatility Focus
Mar. 24, 2016 - Fox Business -  A primary concern of advisors and investors considering emerging markets equities and exchange traded funds is the seemingly inherent volatility that traditionally accompanies such investments. Some ETFs aim to mitigate that problem.

Investors replace futures with ETFs
Mar. 23, 2016 - Financial Times -  Competition is heating up between exchange traded funds and listed derivatives to win the business of big investors.

Emerging Market ETFs Surge $2.72 Billion, Turn Positive for Year
Mar. 21, 2016 - Bloomberg -  Investors added $2.72 billion to U.S. exchange-traded funds that buy emerging-market stocks and bonds, the most in almost two years, as inflows turned positive for the first time in 2016.

86% of active equity funds underperform
Mar. 20, 2016 - Financial Times -  Almost every actively managed equity fund in Europe investing in global, emerging and US markets has failed to beat its benchmark over the past decade, raising more questions about the value stockpicking managers add.

Commodity ETFs Aren’t Like Your Other Investments
Mar. 14, 2016 - ETF Trends -  Investors must keep in mind that most of their commodity-related ETFs do not track the spot price
However, there are some exceptions, including precious metals-related exchange traded products
Futures market may diverge from the spot price due to a number of factors, including storage costs and seasonal patterns

How BlackRock Took a Shine to a Competitor’s Gold ETF
Mar. 14, 2016 - WallStreetJournal -  BlackRock, whose popular exchange-traded gold product briefly suspended the creation of new shares earlier this month due to an administrative error amid a surge in demand, has been making a hefty bet on a gold ETF lately.

ETF Industry Warns SEC That Volatile Trading Could Happen Again
Mar. 10, 2016 - WallStreetJournal -  A volatile trading session like the one that occurred in August could happen again if stock-exchange procedures aren’t changed, members of the exchange-traded-fund industry said.

Expanded Goldman Sachs Active Beta ETFs to Track Europe, Japan Investment
Mar. 04, 2016 - ETF Trends -  Goldman Sachs Asset Management announced Friday the expansion of its ActiveBeta suite of exchange-traded funds with the launch of the Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) and the Goldman Sachs ActiveBeta Japan Equity ETF  (GSJY).

Neither ETF Nor Mutual Fund, Behold the Exchange-Traded Managed Fund
Mar. 04, 2016 - ThinkAdvisor -  Eaton Vance launched NextShares in late February; other investment advisors have pending deals for their own ETMF

In Fledgling Exchange-Traded Fund, Striking a Blow for Women
Mar. 04, 2016 - WallStreetJournal -  State Street Global Advisors will introduce its 159th exchange-traded fund on Tuesday, the SPDR Gender Diversity Index E.T.F. Fortunately, the fund’s ticker symbol is catchier: SHE.

Emerging Market ETF Inflows Slow Amid Longest Gains This Year
Feb. 29, 2016 - Bloomberg -  Investor inflows to U.S. exchange traded funds that buy emerging market stocks and bonds slowed in the week ended Feb. 26, though ETFs posted the first back-to-back increases this year.

China Index Futures Gain on PBOC Reserve Ratio Cut; ETFs Decline
Feb. 29, 2016 - Bloomberg -  Chinese stock-index futures in Hong Kong climbed after the central bank cut the amount of cash the nation’s lenders must hold as reserves, boosting efforts to support the world’s second-largest economy.

Just 1% of mutual funds are positive in 2016
Feb. 29, 2016 - CNBC -  Despite factors that might otherwise suggest a good year for stock pickers, the early returns are not encouraging.

Through the first two months of 2016, just 28 percent of large-cap mutual fund managers are beating their benchmarks, according to a Goldman Sachs analysis. Worse yet, only 1 percent are showing a profit in what has been a tough year for the market.

Ominous Signs From Bank ETFs
Feb. 26, 2016 - ETF Trends -  Down 11.2% year-to-date, the Financial Select Sector SPDR (NYSEArca: XLF) is the worst performer among the sector SPDR exchange traded funds. Rival financial services ETFs, such as the iShares U.S. Financials ETF (NYSEArca: IYF) and the Vanguard Financials ETF (NYSEArca: VFH) have not been much better.

Explaining E.T.F.s and How They Gained Their Allure
Feb. 22, 2016 - The New York Times -  Exchange-traded funds, or E.T.F.s, give investors access to a vast array of investment notions, from the obvious (stocks, bonds and commodities) to the less so (derivatives and opportunities to sell short just about anything).

Some ETFs Pay You to Invest
Feb. 19, 2016 - ETF Trends -  Exchange traded funds have been touted as a low-cost investment vehicle, and some options are already providing investors with a free lunch.

Consider These Single-Country Europe ETFs
Feb. 18, 2016 - ETF Trends -  European equities and the corresponding exchange traded funds have been drubbed this year, but investors should not be hasty in throwing in the towel on Germany, the Eurozone’s largest economy.

Hedge Funds Will Pay for You to Own Small-Cap ETFs
Feb. 18, 2016 - Bloomberg -  With many exchange-traded funds already dirt cheap, everyone is waiting for the first free ETF. Turns out, it's already here.

In Battle of Havens, Treasuries Outshine Gold for ETF Investors
Feb. 16, 2016 - Bloomberg -  Don’t call it a gold rush: For those seeking safety in 2016, U.S. government debt is the undisputed haven of choice.

1 Dividend ETF To Buy And 3 To Avoid
Feb. 13, 2016 - Forbes -  Slowly but surely, investors are once again prioritizing dividends.

After suffering a full-on panic attack over the Fed’s interest rate hike last year—and ditching high-yielding investments like real estate investment trusts (REITs) in the process—they’re having a change of heart.

Bank ETFs Down but Not Out
Feb. 12, 2016 - ETF Trends -  Financial stocks and bank sector-related exchange traded funds have been among the worst areas of the market this year, but after the steep declines, investors may find a cheap play.

3 Key Questions To Ask When Considering An ETF
Feb. 11, 2016 - seekingalpha.com -  Choosing investments for your portfolio is a complex-and sometimes emotional-process. It requires research, a clear understanding of your financial goals and time horizon, and, of course, money. And it can be overwhelming: should you go with stocks, bonds or mutual funds? How about gold?

Emerging Market ETFs Suffer $1B Loss in 5th Week of Outflows
Feb. 08, 2016 - Bloomberg -  Investors pulled more than $1 billion out of U.S. exchange traded funds that invest in emerging markets last week, leaving the ETFs in the longest losing streak since September.

The Case for Buying Small-Cap Foreign Stocks
Feb. 07, 2016 - WallStreetJournal -  Here is a piece of advice for U.S. fund investors: If you are going to buy international stocks, you might want to make them small caps.

Millennial investors: Maybe time isn't on your side
Feb. 06, 2016 - CNBC -  Millennials: Maybe time isn't on your side when it comes to investing. Maybe, in fact, it's ticking with much more risk than will be good for your future financial well-being.

One in Five ETFs Launched Since 2010 Has Closed
Feb. 05, 2016 - Barron's -  The increasingly crowded market for exchange-traded funds isn’t spawning many blockbusters these days.

Competition in the market for new ETFs is increasingly fierce and the array of strategies can make navigating the complexity a challenge for investors. Research firm Markit crunches some rather stark numbers on ETF attrition: More than 1,000 exchange-traded funds have hit the market since 2010, and fully one in five of those are now closed.

Why Exchange-Traded Notes Face a Popularity Problem
Feb. 04, 2016 - WallStreetJournal -  Asset managers keep rolling out scads of new exchange-traded funds based on slicing and dicing the investment universe. But companies haven’t been introducing many of the ETF cousins known as exchange-traded notes, or ETNs.

6 Smart Rules for Using Today’s Hottest ETFs
Feb. 02, 2016 - Time -  So-called smart-beta funds give you a shot at market-beating returns without sky-high fees. Here's how they can give your portfolio a lift.

ETFs for Targeted Emerging Market Opportunities
Jan. 31, 2016 - ETF Trends -  The developing world is showing uneven growth, with countries like Russia and Brazil floundering. Consequently, investors should pick their spots in the emerging markets and pay particular attention to exchange traded funds that track tech-heavy Taiwan, India, China and Korea.

Is it time to halt the rise of the ETF machine?
Jan. 29, 2016 - Financial Times -  Like any good gardener, the US financial regulator has decided that the rapidly expanding exchange traded fund market may need pruning to ensure healthy growth.

A Europe ETF to Be Cautious With
Jan. 28, 2016 - ETF Trends -  Over the past several years, plenty of single-country exchange traded funds tracking European economies have faced headwinds with the most notorious examples being those funds tracking PIIGS countries, most notably Greece, Italy, Portugal and Spain.

NYSE's $2 Trillion ETF Business Sees Heightened Competition
Jan. 27, 2016 - Bloomberg -  NYSE Group Inc. may still be the king of exchange-traded funds among U.S. stock markets, but challengers to the throne are gaining ground.

Where ETF Investors May Find Bargains
Jan. 26, 2016 - ETF Trends -  The equities market and stock exchange traded funds retreated in a violent start to a new year. As volatility dissipates, exchange traded fund investors should consider areas where selling may have been overdone.

Do ETFs cause volatility? 5 questions about ETFs
Jan. 25, 2016 - CNBC -  The ETF.com "Inside ETF" conference is in full swing, with a record 2,200 participants jamming the Diplomat Hotel in Hollywood, Florida.

Do ETFs cause volatility? 5 questions about ETFs
Jan. 25, 2016 - CNBC -  The ETF.com "Inside ETF" conference is in full swing, with a record 2,200 participants jamming the Diplomat Hotel in Hollywood, Florida.

Here are the hottest topics in ETFs for 2016
Jan. 22, 2016 - CNBC -  The ETF.com "Inside ETF" conference, the biggest exchange-traded fund conference in the world, kicks off Sunday night with north of 2,000 participants and four days of packed events.

How ETF industry is handling rough market run
Jan. 22, 2016 - CNBC -  The growing exchange-traded fund space has endured a rocky stretch this year along with broader markets. But experts stress that, as ETF providers and investors adapt to new market dynamics, the segment can prove as effective as it did during the largely uninterrupted bull run in recent years.

Exchange-Traded Notes Are Dealt Another Blow
Jan. 22, 2016 - WallStreetJournal -  Exchange-traded notes got a second black eye this past week.

Barclays Bank PLC on Friday issued an investor alert about its $547 million iPath S&P GSCI Crude Oil Total Return Index ETN, urging people to “exercise extreme caution” when buying or selling ETNs that are trading at a premium over their underlying value. In a separate notice two days earlier, it had warned that the oil-linked note had been trading at a large and fluctuating premium.

BlackRock’s Profit Up as Money Pours Into Exchange Traded Funds
Jan. 15, 2016 - The New York Times -  BlackRock, the world’s largest money manager, reported a 6 percent increase in its fourth-quarter earnings on Friday as investors continued to allocate money to the company’s exchange traded funds despite a volatile stock market.

MLP ETFs Ready to Rally?
Jan. 13, 2016 - ETF Trends -  After ranking as one of last year’s worst-performing asset classes, master limited partnerships (MLPs) and the relevant exchange traded funds could be poised for brighter days later this year.

Aberdeen Avoids ETF Market as Fund Managers Pile in: Chart
Jan. 12, 2016 - Bloomberg -  Aberdeen Asset Management Plc is steering clear of the $3 trillion exchange-traded fund industry, saying it’s too hard to make money.

Despite Hit ETF Product, WisdomTree Shares Sink
Jan. 12, 2016 - WallStreetJournal -  As the U.S. dollar soared last year, WisdomTree’s currency-hedged exchange-traded funds ranked among the most popular investment products of 2015. But investors are punishing the firm’s stock.

For Oil ETFs, It’s All About OPEC
Jan. 11, 2016 - ETF Trends -  Oil prices sank to near 12-year lows last week, sending the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, down an average of 12% for the week.

U.S. pumps up scrutiny of exchange-traded funds
Jan. 11, 2016 - Thomson Reuters -  The top U.S. securities regulator will dig into the workings of exchange-traded funds this year, it said on Monday, focusing on the increasingly popular funds' sales strategies, trading practices and disclosures.

CORRECTED-Social media firms make ETF push
Jan. 08, 2016 - Thomson Reuters -  Social media firms are threatening to up-end the plodding infrastructure for financial services with new applications that aim to rope in an emerging sub-sector of young, tech-savvy "Millennial" consumers, beginning with exchange-traded funds.

That Giant Sucking Sound You Hear Is the ETF Options Market
Jan. 08, 2016 - Bloomberg -  As investors rush to protect their portfolios in a tumultuous start to the year, odds are they will be using options on exchange-traded funds to do it.

Dividend And Income Fund: High Income Closed-End Fund With Discount Capture 'Alpha'
Jan. 07, 2016 - seekingalpha.com -  Summary

DNI was depressed last year by a rights offering and tax loss selling.

Pays a 15% Distribution Yield and Trades at a 15% Discount to Net Asset Value.

U.S. ETF 2015 Inflows Fall Shy of 2014 Record
Jan. 04, 2016 - WallStreetJournal -  Investors last year put slightly less money into U.S. exchange-traded products than the year before, breaking a three-year streak of year-on-year gains for the industry.

Record number of companies launch exchange traded funds
Jan. 03, 2016 - Financial Times -  A record number of companies entered the exchange traded fund market last year even though the vast majority of existing ETFs have failed to generate profits for fund managers.

7 ways mutual funds and ETFs will challenge investors in 2016
Jan. 02, 2016 - MarketWatch -  You don’t need tarot cards, a crystal ball, the entrails of animals, a rooster pecking at grains, tea leaves, or coffee grounds to tell the future of the mutual fund business. You just need to look at trends underlying the industry.

Biggest ETF Losers Of 2015
Dec. 30, 2015 - ETF.com -  The worst-performing exchange-traded funds of 2015 were chock-full of commodity names. In a year in which commodities across the board plunged on the back of the slowdown in emerging markets and robust supplies, that shouldn't come as a surprise to anyone. Most broad commodity indexes fell to their lowest levels since 2009.

Legg Mason Makes Its ETF Debut
Dec. 29, 2015 - Barron's -  Legg Mason (LM) is finally in the ETF business. The Baltimore-based mutual fund shop is set to launch its first four exchange traded funds today on the Nasdaq Stock Market.

A Record Year For Deals, But No Boon For Merger Arbitrage
Dec. 28, 2015 - Barron's -  It’s been a record year for mergers and acquisitions.

While that’s great news if you’re a deals banker, 2015 hasn’t been a commensurately stellar year for so-called merger arbitrage strategies, which seek to profit from shares of acquisition targets.

ETFs to play main role in the next crisis
Dec. 28, 2015 - Barron's -  The next financial crisis will be played out in indexes and exchange traded funds. That is inevitable given the huge share that ETFs now take of investor fund flows, and their popularity as hedge fund trading vehicles.

ETF Update: ETF Issuers Do Not Slow Down In December
Dec. 27, 2015 - seekingalpha.com -  Summary

Every week, Seeking Alpha aggregates ETF updates in an effort to alert readers and contributors to changes in the market.

There were 10 launches in the last 3 weeks.

11 ETFs that could make your new year
Dec. 23, 2015 - MarketWatch -  Looking for shrewd investments for 2016?

Or perhaps you’re just searching for low-cost, vanilla index funds.

More Mutual Fund Shops Board Mighty ETF Bandwagon
Dec. 23, 2015 - Investor's Business Daily -  The trend of mutual fund companies hopping onto the ETF bandwagon accelerated in 2015. The newest entrant is OppenheimerFunds, which bought out small ETF shop RevenueShares and rebranded their ETFs with its own name in December.

ETF issuers with currency-hedged ETFs ride high on strong dollar
Dec. 22, 2015 - Thomson Reuters -  As the U.S. dollar strengthened throughout 2015, managers of currency-hedging exchange-traded funds had a banner year - they collected one of every four dollars invested in U.S. ETFs and rewarded their investors well.

ETF Issuers with Currency-Hedged ETFs Ride High on Strong Dollar
Dec. 22, 2015 - Time -  The strong dollar made this growing ETF option even more popular this year.

Next Year Could Be Another Rough One For This Emerging Market ETF
Dec. 21, 2015 - MarketWatch -  Heading into the start of this year, plenty of forecasters posited that if emerging markets equities were to rally or even just turn in steady performances, the leadership would come from Emerging Asia, including the Philippines.

ETF Investors Have Spent $24 Billion Trying to Call a Bottom in Oil
Dec. 21, 2015 - Bloomberg -  They could have gotten together and bought an island or maybe even 12,000 copies of that Wu-Tang album.  

The Bank of Japan's $2.5 Billion Plan to Buy Non-Existent ETFs
Dec. 20, 2015 - Bloomberg -  Haruhiko Kuroda has a new plan. He’s going to buy $2.5 billion of something that doesn’t exist.

The Bank of Japan's $2.5 Billion Plan to Buy Non-Existent ETFs
Dec. 20, 2015 - Bloomberg -  Haruhiko Kuroda has a new plan. He’s going to buy $2.5 billion of something that doesn’t exist.

Buy the ETF, Not the Mutual Fund
Dec. 18, 2015 - WallStreetJournal -  On Dec. 10, Third Avenue Focused Credit Fund suspended its investors’ right to ask for their money back whenever they wish. That drastic step wasn’t unprecedented, however. It exposed a flaw that has always lurked within the heart of mutual funds—one that exchange-traded funds largely have solved.

Buy the ETF, Not the Mutual Fund
Dec. 18, 2015 - WallStreetJournal -  On Dec. 10, Third Avenue Focused Credit Fund suspended its investors’ right to ask for their money back whenever they wish. That drastic step wasn’t unprecedented, however. It exposed a flaw that has always lurked within the heart of mutual funds—one that exchange-traded funds largely have solved.

We Can't Even With This Millennial ETF
Dec. 17, 2015 - Bloomberg -  Millennials are about to be able to invest in one of their favorite things: themselves.

ETFs survive test of junk bond market stability
Dec. 16, 2015 - Thomson Reuters -  After a year that has reignited concerns about how exchange-traded funds work during volatile periods, junk bond ETFs came through a test this month, registering their highest trading volumes ever without any major disruption.

BATS Exchange to Try Again at an I.P.O.
Dec. 16, 2015 - The New York Times -  BATS Global Markets is making a second attempt at a public stock offering three years after a technology problem forced it to stay private.

Mexico ETF Has Seen Huge Outflows
Dec. 15, 2015 - Barron's -  No single-country, emerging-market exchange-traded fund has seen a greater proportion of its assets evaporate this year than the iShares MSCI Mexico Capped ETF (EWW), according to Benjamin Bain at Bloomberg.

Bond investor anxiety rises ahead of Fed rates decision
Dec. 14, 2015 - Financial Times -  Further weakness for corporate debt highlighted deepening anxiety in bond markets on Monday, just two days before the US Federal Reserve is expected to declare a formal end to the era of cheap money.

An ETF Primer
Dec. 14, 2015 - seekingalpha.com -  Every once in a while a topic, usually the media coverage of a topic, creates a burr in my saddle, as they say. While that has taken place less frequently as I age, the coverage of the ETF market, and particularly the High Yield ETF market, has now reached that level.

‘Cannibal’ exchange traded funds embraced by active managers
Dec. 13, 2015 - Financial Times -  Over the past decade many active fund houses avoided the rapidly expanding exchange traded fund industry due to fears they would cannibalise their own businesses.

Sticker shocker: Low fees on funds not always a plus
Dec. 11, 2015 - CNBC -  The biggest fund companies in the world are engaged in a fee war, but the battle may have reached a level where it's no longer offering much of a benefit to investors.

Sticker shocker: Low fees on funds not always a plus
Dec. 11, 2015 - CNBC -  The biggest fund companies in the world are engaged in a fee war, but the battle may have reached a level where it's no longer offering much of a benefit to investors.

Vanguard’s ETF Ideas for 2016
Dec. 10, 2015 - The Street -  Investors need to follow best practices when trading ETFs, and perhaps the foremost among those guidelines is using limit orders, said Joel Dickson, global head of investment research and development at Vanguard.

Wealth Adviser Daily Briefing: ETFs Join Mutual Funds in Making Year-End Distributions
Dec. 08, 2015 - WallStreetJournal -  Exchange-traded funds, which generally have a well-earned reputation as tax-efficient, could sting some investors with an unexpected tax hit this year, according to The Wall Street Journal’s Investing in Funds & ETFs report. Certain fixed-income ETFs, particularly those tracking indexes that require frequent rebalancing, and international ETFs that hedge currency exposure are likely to make capital-gains distributions this month, says S&P Capital IQ’s Todd Rosenbluth. Still, the report notes that for many of the bond ETFs making distributions, the capital gains are minimal (Vanguard Total Bond Market ETF, for instance, is expected to distribute only 0.05% of its net asset value).

Oil Rout Accelerates Selloff in Master-Limited Partnerships
Dec. 08, 2015 - WallStreetJournal -  The oil selloff has hurt energy investments across the board, including one that has attracted billions through its reputation as a haven from big drops in the price of crude.

Guggenheim Tweaks ‘Smart Beta,’ Multi-Asset Income ETF
Dec. 08, 2015 - Barron's -  Guggenheim announced subtle changes to the $520 million Guggenheim Multi-Asset Income exchange-traded fund (CVY) in an updated prospectus.

BlackRock's Kapito: ETFs Will Double in 3 to 4 Years
Dec. 08, 2015 - Newsmax -  Robert Kapito, the president of BlackRock Inc., said the market for exchange-traded funds will double over the next three or four years.

Oil ETFs Dig A Hole But Could Syria Change That?
Dec. 08, 2015 - Investor's Business Daily -  Energy ETFs continued to sell off Tuesday on falling oil prices but closed well off session lows. Jittery investors eyed overnight Chinese trade data showing weakness in both exports and imports. The data add to fears about slow growth in the world's second largest economy.

Energy slide batters U.S. stocks, ETFs, but pain is spread unevenly
Dec. 08, 2015 - Thomson Reuters -  Price swings in the energy market weighed on stocks and exchange-traded funds again on Tuesday, hitting the shares of oil producers for the fifth consecutive trading day.

The iShares MSCI Ireland Capped ETF: Ireland Revisited
Dec. 07, 2015 - seekingalpha.com -  Summary

Ireland is generating growth well in excess of its fellow eurozone member states.

The country employed a corporate "tax haven" strategy, at 12.5%, in order to attract foreign investment.

Lipper U.S. Fund Flows: Investors Pad The Coffers Of Money Market Funds Ahead Of Jobs Report
Dec. 07, 2015 - seekingalpha.com -  During the fund-flows week ended December 2, 2015, investors remained on the fence ahead of the U.S. nonfarm payrolls report, the European Central Bank’s details of its stimulus plans, and after learning that Chinese regulators were investigating two Chinese brokerage firms for securities violations. And, of course, investors were anxiously awaiting results of Black Friday and Cyber Monday sales to get a gauge of consumer demand for the upcoming holiday season. 

Should You Fear the ETF?
Dec. 06, 2015 - WallStreetJournal -  Exchange-traded funds have suddenly become scary—at least to some in the investment community.

SEC to Crack Down on Derivatives
Dec. 04, 2015 - WallStreetJournal -  U.S. securities regulators, under pressure to demonstrate they have a handle on potential risks in the asset-management industry, are about to crack down on the use of derivatives in certain funds sold to the public, worried that some products are too precarious for retail investors.

Income Investing: Where ETFs And Mutual Funds Fit In
Dec. 04, 2015 - Investor's Business Daily -  Among the many choices investors looking for income learn to make on their path to wealth is whether to invest in mutual funds or ETFs. The choice may boil down to investor preference.

Managing ETF Liquidity
Dec. 02, 2015 - seekingalpha.com -  Summary

Over the years, certain ETFs have had problems with pricing in the face of extreme market events.

If you use ETFs, then you should read the article to better understand the potential drawbacks to using ETFs; but there are also drawbacks to traditional funds as well as individual issues.

5 Reasons Your Portfolio Needs More ETFs And Index Funds
Dec. 01, 2015 - Forbes -  Even though exchange traded funds and index funds have gained mainstream popularity over the past 10-years a lot of investors have yet to fully embrace them as a primary investment vehicle in their portfolio. There are numerous reasons for this, but the bottom line for investors is that there’s likely no easier or cost effective way to improve a portfolio than to replace most of the mutual funds, hedge funds, and structured products with exchange-traded funds and indexes.

2 ETFs for the Changing U.K. Landscape
Nov. 30, 2015 - ETF Trends -  The CurrencyShares British Pound Sterling Trust (NYSEArca: FXB) is off 1.7% over the past month, but currency traders should keep an eye on the British pound ETF in the near-term because the next several days could prove impactful for FXB.

“Safety” ETFs Not as Safe As They Seem
Nov. 28, 2015 - Barron's -  While I was learning to drive, my mother kept her hand on the emergency brake at all times. It may have seemed like a safety precaution, but had she actually used it while I was driving, it could have sent us careening.

4 Top Small-Cap ETFs: Which Is Right For You?
Nov. 28, 2015 - The Motley Fool -  Small-cap companies have higher long-term returns than their large-cap counterparts, but many investors prefer to use exchange-traded funds that specialize in small-cap stocks in order to improve diversification and avoid some of the higher risks of choosing individual companies.

Investors Are Dumping ‘Alt’ Funds; Precisely The Wrong Time?
Nov. 27, 2015 - Barron's -  Are investors bailing on so-called alternative funds at precisely the wrong time?

Financial Times’ Attracta Mooney notes that 20 alt mutual funds have closed in 2015. At the same time, the 10 alternative mutual funds with the largest outflows in 2015 all had negative returns through October. Among them are the the Wasatch Long/Short Fund (FMLSX) and Mainstay Marketfield Fund (MFLDX).

Socially Responsible Investing: 3 Funds That Are Beating The Market
Nov. 23, 2015 - seekingalpha.com -  There's a powerful trend emerging in the investing world. Investors are building portfolios based on their morals and values. Dubbed "socially responsible investing," or SRI, these investors align their investments with their values by avoiding companies with poor environmental, social or governance practices.

Index Investing Is Riskier Than You Think
Nov. 22, 2015 - The Motley Fool -  Index investing has taken the market by storm. Hundreds of exchange-traded funds offer nearly unlimited opportunities to track indexes from every asset class, industry sector, and geographical region of the global economy. Index investing has some major advantages over active management, but as the strategy has become more popular, it has begun to carry risks that could hurt investors' returns in the future.

Only the Highest Quality Junk (Bonds)
Nov. 20, 2015 - Morningstar, Inc. -  This ETF follows a rules-based index that avoids the lowest-rated junk bonds.

More “Dynamic” ETFs From WisdomTree
Nov. 20, 2015 - Barron's -  Just a few weeks after filing for a foursome of currency-hedged exchange-traded funds that shift their hedging exposure based on market conditions, WisdomTree Investments (WETF) has filed for another pair.

NYSE Seeks Fast Track for Some ETFs -- Again
Nov. 20, 2015 - WallStreetJournal -  The New York Stock Exchange is again trying to gain regulators’ approval to fast-track listings of actively managed exchange-traded funds.

Bond ETF Withdrawals Surge as Investors Brace for Higher Rates
Nov. 19, 2015 - Bloomberg -  Investors in U.S. exchange-traded funds are selling bonds this month for the first time since June as they prepare for the Federal Reserve to raise interest rates.

Why the QQQ ETF Has Crushed the Competition in 2015
Nov. 19, 2015 - The Motley Fool -  Millions of investors use exchange-traded funds to invest, and ETFs tracking popular indexes have gotten a lot of attention. For the PowerShares QQQ ETF (NASDAQ:QQQ), 2015 has been a strong year, with the Nasdaq-tracking ETF dominating the returns of its primary rivals. While the SPDR S&P 500 ETF (NYSEMKT: SPY) and the SPDR Dow Jones Industrial Average ETF (NYSEMKT: DIA) have struggled to remain above the break-even point for the year, the QQQ ETF is up almost 10% for 2015. Let's take a closer look at what the QQQ ETF tracks and why it has been on fire this year.

BlackRock Targets ETF Investors With Flexible Currency Hedging
Nov. 19, 2015 - Bloomberg -  BlackRock Inc., the world’s largest asset manager, is changing course on exchange-traded funds that protect against currency volatility.

5 Income ETF Ideas as Fed Liftoff (Still) Looms
Nov. 18, 2015 - Barron's -  When Barron’s interviewed Scott Eldridge, head of fixed income product strategy at Invesco’s PowerShares family of exchange-traded funds last March, he came up with three ETF suggestions for investors looking for income in a rising rate environment.

Bullish Case For Investing in Master Limited Partnerships (MLPs) Now
Nov. 17, 2015 - Forbes -  Master limited partnerships, which transport and store oil, crashed harder than energy producers this year even though they are toll-road type businesses that collect fees regardless of commodity prices. Investor fears of rising interest rates on top of freefalling oil prices pummeled shares. As producers scaled back production in response to falling prices, demand for transportation and storage plunged.

Will the Tax Man Cometh for Your ETF?
Nov. 17, 2015 - Barron's -  Is your ETF setting you up for a visit from the tax man? That’s the question Todd Rosenbluth, director of ETF and mutual fund research at S&P Capital IQ, answered in a note published today.

Markets hack away at Cyber Security ETF
Nov. 17, 2015 - Thomson Reuters -  One year after a set of high-profile cyber attacks and a hot market for trendy exchange traded funds propelled the PureFunds ISE Cyber Security ETF to one of the most successful ETF launches in history, it is facing a major test of its investment strategy.

State Street’s O’Hanley calls ETF growth akin to mutual funds in the ‘80s
Nov. 17, 2015 - Boston Globe -  State Street Global Advisors chief executive Ronald O’Hanley at a Wall Street conference Tuesday said exchange-traded funds were growing as fast as mutual funds in the 1980s.

Stability of ETFs coming under renewed scrutiny
Nov. 16, 2015 - Pensions & Investments -  The collapse of ETF prices on Aug. 24 prompted ETF providers, market makers, stock exchanges and Securities and Exchange Commission officials to begin looking at how to prevent a repeat of that day. But there's no consensus yet on what needs to be done.

BlackRock Seeks Approval for Nontransparent ETFs
Nov. 16, 2015 - WallStreetJournal -  BlackRock Inc. is seeking approval for an untested kind of exchange-traded product as competition among providers heats up.

How To Invest In 2016: Best Ideas From Top Investment Banks
Nov. 15, 2015 - Forbes -  The stock market hasn’t even celebrated Thanksgiving. The top investment banks on Wall Street are already sending 2016 investment outlooks and recommendations to investors. Here’s a look at some of the best ideas from Credit Suisse and UBS. Tickers of the biggest exchange-traded funds, or ETFs, tracking each are provided.

Sector ETFs: 2 to Buy, 1 to Avoid
Nov. 14, 2015 - The Motley Fool -  Exchange-traded funds are a useful tool for investors looking to drill down on particular sectors of the market, with a huge range of sector ETFs designed to let you customize your portfolio exposure. Yet finding the sectors with the best prospects can be challenging. With that in mind, let's look more closely at a few popular sector ETFs to see which look like solid candidates for good returns going forward.

NYSE Taking Steps to Prevent Another ETF Flash Crash
Nov. 13, 2015 - ETF Trends -  In an attempt to obviate another mini-flash-crash scenario, the New York Stock Exchange has outlined a system to flag “aberrant” trades in exchange traded funds.

Race To The Bottom: How Cheap Can ETFs Get?
Nov. 12, 2015 - Forbes -  ETFs are cheap and getting cheaper. So how low can they go?

That’s the question investors are asking about exchange-traded funds after two of the industry’s biggest players dropped the expense ratios on a few of their already ultra low-cost funds this week.

NYSE Aims to Flag ‘Aberrant’ ETF Prices
Nov. 12, 2015 - WallStreetJournal -  The New York Stock Exchange has proposed to regulators guidelines for it to flag “aberrant” trades in exchange-traded products, the Securities and Exchange Commission said Thursday.

Van Eck Partners With Merk On Deliverable Gold ETF
Nov. 11, 2015 - seekingalpha.com -  The Van Eck family of funds is well-known for its popular Market Vectors Gold Miners ETF (NYSEARCA:GDX) and Market Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) exchange-traded funds. Its mutual fund, the Van Eck International Investors Gold Fund (MUTF:INIVX), rounded out Van Eck's precious-metals offerings - until recently. 

Why ETFs Are Getting Riskier
Nov. 09, 2015 - WallStreetJournal -  For investors, competition can come with some downsides. Such is the case with the exchange-traded fund industry. New ETFs are often based on esoteric or overly specialized strategies. Though such funds may find a niche following, they don’t belong in most investors’ portfolios.

How to Trade the Expected Fed Hike Via Bonds, Gold, Commodities, the Dollar
Nov. 09, 2015 - The Street -  A stronger-than-expected employment report for October had the markets spinning last week with a fresh dose of volatility. Strategists now say that a rate hike by the Federal Reserve seems likely after the Dec. 15 to 16 Federal Open Market Committee meeting.

Three Things Missing From the Junk Bond ETF Discussion
Nov. 06, 2015 - Bloomberg -  Investors in exchange-traded funds that buy high-yield corporate debt aren't necessarily crazy.

Financial Advisers Continue to Warm to ETFs, Study Finds
Nov. 05, 2015 - WallStreetJournal -  Financial advisers are more open to using exchange-traded funds than they were just a few years ago, a new survey found.

Industrial ETFs May Fly Higher
Nov. 04, 2015 - ETF Trends -  As is the case with broader industrial sector exchange traded funds, dedicated aerospace and defense ETFs have struggled somewhat this year, but that does not mean these industry funds are bereft of upside potential.

ETF Investors Are Unbundling Emerging Markets
Nov. 04, 2015 - Bloomberg -  While ETF investors seem to dislike emerging markets, that doesn't mean they aren't investing in them.

Fink: 'Flash Crash' wasn't the fault of ETFs
Nov. 03, 2015 - CNBC -  Exchange-traded funds took the heat for the latest market "flash crash," but BlackRock CEO Larry Fink said Tuesday they shouldn't be blamed.

Vanguard’s Emerging Market Index Fund Embarks On China ‘A-Shares’ Ownership
Nov. 03, 2015 - Barron's -  Vanguard Group says that the $50 billion Vanguard Emerging Markets Stock Index Fund has embarked on its transition to own mainland Chinese stocks, a shift designed to boost the heft of the second-largest economy in this popular index-tracking fund.

3 ETFs to Trade the Volatility in Housing and Banking
Nov. 03, 2015 - The Street -  Recent housing data has been mixed, and real estate lending from community and regional banks has not returned to pre-crisis levels. Housing prices have become too expensive.

BlackRock to buy Bank of America's $87 billion money-market fund business
Nov. 03, 2015 - Thomson Reuters -  Bank of America Corp, the No. 2 U.S. bank, has agreed to sell its $87 billion money-market fund business to BlackRock Inc in one of the cash management industry's largest deals ever.

Weighing the pros and cons of portfolio diversification
Nov. 02, 2015 - CNBC -  Don't put all your eggs in one basket!

This cliche is a central tenet of financial planning and sensible investing. When some of your assets decline in value, you want others to appreciate. The more baskets you have, the less anxious you'll be about your eggs when a basket or two tumbles.

The Top Tech ETFs in the Market
Nov. 01, 2015 - Fox Business -  Over the last decade, there's been no larger disruption in retail investing than the exchange-traded fund. According to Goldman partner Robert Boroujerdi, total ETF assets under management increased 24% per year during that time frame, growing from $230 billion to $2 trillion in the United States alone.

The Case For Local Currency Denominated ETFs
Oct. 30, 2015 - seekingalpha.com -  Summary

Few investors in the U.S. explore ETFs listed abroad.

There may well be a larger and cheaper fund available to gain the desired exposure.

A New Name For Merk Gold ETF
Oct. 26, 2015 - Barron's -  Van Eck Global is partnering with Merk Investments to help sell its physical gold exchange-traded fund.

The two companies announced an agreement on Monday that will rename the $81 million Merk Gold Trust the Van Eck Merk Gold Trust (OUNZ).

Huh? What? Short Attention-Span Investors
Oct. 25, 2015 - seekingalpha.com -  Summary

Eight seconds. That’s all we, as human beings, use to focus on any one particular thing before being distracted or allowing our minds to wander.

The implications of having such a short attention span are immense.

ETF Week Ahead Preview: Trying To Hold These Gains
Oct. 25, 2015 - Fox Business -  Thanks to some assistance from major central banks (what else drives markets these days?), U.S. stocks rallied Friday with the S&P 500 gaining 1.1 percent to cap a 2.4 percent weekly surge. That strong weekly performance was enough to lift the benchmark U.S. index back into positive territory on a year-to-date basis.

Emerging-market ETFs in U.S. raked in money before central bank guidance
Oct. 23, 2015 - Thomson Reuters -  Investors pumped hundreds of millions in new dollars into U.S.-listed exchange-traded funds tracking emerging markets ahead of news suggesting central bankers will keep monetary policy loose to stimulate global economic growth.

Rate Cut Sparks China ETF Rally
Oct. 23, 2015 - Barron's -  Central banks are at it again.

Global stocks are buoyant on Friday after the People’s Bank of China cut interest rates and reduced bank reserve requirements, two separate-but-related moves intended to spark borrowing and support the flagging economy.

The Fastest-Growing New ETF Costs More Than a Mutual Fund
Oct. 23, 2015 - Bloomberg -  Out of more than 500 exchange-traded funds launched in the past three years, the one that has taken in the most cash charges an annual fee of 0.94 percent.

Investors pump $6.6 billion into stock and taxable ETFs: Lipper
Oct. 22, 2015 - Thomson Reuters -  U.S-based stock and bond exchange-traded funds attracted $6.6 billion of new money in the week ended Wednesday, according to data from Lipper, marking another week of risk-taking by institutional investors.

ETF Sector Expects Robust Growth in Near Term: EY
Oct. 19, 2015 - ThinkAdvisor -  Respondents to EY’s latest survey of the global exchange-traded funds and products sector are highly optimistic about their prospects for growth.

A Popular ETF Play To Be Wary Of
Oct. 15, 2015 - seekingalpha.com -  Summary

Emerging market stocks and funds have been struggling this year.

Many remain pessimistic about the emerging market's prospects.

Nevertheless, some are betting on a turnaround after the selling pressure through leveraged funds.

Nomura to Suspend Creation of Shares in Three ETFs
Oct. 15, 2015 - WallStreetJournal -  Japanese investment bank cites liquidity concerns; decision highlights unease about leveraged products

BlackRock’s Fink: Rising Dollar Could Bring ‘Extreme Problems’
Oct. 14, 2015 - WallStreetJournal -  The head of giant money manager BlackRock Inc. warned Wednesday that a deeper slump in commodity prices and an even stronger dollar pose the greatest threats to global markets.

Utilities Specialist Reaves Launches Its 1st Actively Managed Utilities ETF
Oct. 12, 2015 - seekingalpha.com -  Summary

Reaves Asset Management - a company with 50 years researching and investing in utility assets - recently launched the Reaves Utilities ETF.

It joins the relatively small list of actively managed ETFs but carries an expense ratio that would place it among the most expensive in the utilities ETF space.

World's Biggest Leveraged ETF Drops, and Investors Just Buy More
Oct. 12, 2015 - Bloomberg -  Money is being shredded at an unprecedented rate in a souped-up exchange-traded fund tied to Japan’s most famous stock index.

ETFs are the next frontier for liquid alternatives
Oct. 11, 2015 - Investment News -  To investors, State Street Global Advisors might be best known as the firm behind the plainest of plain-vanilla investment products: the SPDR S&P 500 ETF (SPY). The exchange-traded fund attempts to duplicate the returns of the stocks of some of the most recognizable U.S. companies.

Why Falling Oil Prices Startled MLP Investors
Oct. 09, 2015 - WallStreetJournal -  Investors in master limited partnerships have just gotten the jolt of a lifetime.

The Alerian MLP Index, a leading measure of the performance of these income-paying energy companies, fell 5.7% on Sept. 28 and another 5.8% the next day. At that point, the index was down 22% for the month and 36% for 2015. Then, over the next week, it shot up 20%.

The Right International Dividend ETF Right Now
Oct. 07, 2015 - seekingalpha.com -  Summary

There have been a few international dividend ETFs that have stood firm, indicating that if investors decide to return to ex-US equities, these funds could become leaders.

The WisdomTree International Hedged Dividend Growth Fund is up about two-thirds of a percent over the past three months.

ETF Moves Are Swaying Commodity Market Prices
Oct. 07, 2015 - ETF Trends -  More investors are turning to exchange traded funds as an easy way to access commodity market moves. As the commodity ETFs grow in size, the funds are beginning to play a larger role in commodity price formation.

Emerging Market ETF Outflows Double as Losses Hit $12.4 Billion
Oct. 05, 2015 - Bloomberg -  Outflows from U.S. exchange-traded funds that invest in emerging markets more than doubled last week, with redemptions exceeding $12 billion in the third quarter. Taiwan led the losses in the five days ended Oct. 2.

How About Some (Gulp) China ETFs?
Oct. 04, 2015 - WallStreetJournal -  Investor concerns over China’s economy reached a fever pitch this summer as China’s stock market flailed. Despite the selloff, some proponents of China exchange-traded funds are steadfast.

New Fund Rules: What You Need to Know
Oct. 04, 2015 - WallStreetJournal -  Investors and fund companies should brace themselves for a blizzard of new mutual-fund rules.

10 Best ETF Buys Of The Decade From 10 Investment Pros
Oct. 04, 2015 - Forbes -  Investors best sit down when they open their third-quarter statements owing to the stock market rout in September. But opportunities have a way of emerging out of crises as good investments have a habit of going down with the ship simply out of sympathy. They will eventually resurface as value investors fish for bargains in the wreckage.

How Can I Pick The Best Dividend ETF?
Oct. 02, 2015 - seekingalpha.com -  Summary

Dividend ETFs are tools for building a better retirement.

Finding the right exchange traded fund for an individual investor requires knowing how the investor wants to use the tool.

Global X YieldCo ETF: Not Ready For Prime Time
Sep. 30, 2015 - seekingalpha.com -  Summary

YieldCos are a relatively new market entrant focused on paying dividends.

Despite some popularity among income investors, they are, at best, untested.

But that didn't stop Global X from creating an ETF to track them.

Will bear market push investors to active management?
Sep. 29, 2015 - CNBC -  

If a bear market doesn't improve the outlook for active investment management, probably nothing will.

Over the last decade, assets have been flowing out of actively managed investment funds that try to beat a market benchmark and into low-cost passively managed ones that simply track the benchmark. But active fund managers are hopeful that they'll have a better shot at outperforming in a bad market than in a good one.



Capitulation In Biotech? ETF Suffers Biggest One-Day Drop Since 2011
Sep. 28, 2015 - Barron's -  There’s blood in the streets, but nobody’s buying.

Biotechnology and pharmaceutical stocks lead the way down during Monday’s broad stock selloff. Endo International (ENDP), Regeneron (REGN) and Mylan (MYL) were among the worst decliners on the S&P 500, falling 10%, 7.5% and 6.3%, respectively.

Health care stocks on the S&P 500 declined 3.8%.

Which Is Better: ETF Or Mutual Fund?
Sep. 25, 2015 - Forbes -  You want an index fund. You could get either a traditional open-end fund, a.k.a. mutual fund, or else an exchange-traded fund, a newer invention. Which is the better deal? This review will help you choose.

Gold ETF Hits 4-Week High; Major Indexes Pare Losses
Sep. 24, 2015 - Investor's Business Daily -  Major index ETFs shaved losses in late trade Thursday, closing lower but near session highs as global growth concerns weigh on investors. Demand for gold — a safe-haven asset — sent exchange traded funds holding physical bullion to a four-week high.

Goldman breaking into competitive ETF market with launch of first fund
Sep. 21, 2015 - Thomson Reuters -  Goldman Sachs Group Inc said on Monday it was launching its first ever exchange traded fund, as the bank tries to break into the lucrative and highly competitive $3 trillion market for ETFs.

ETFs Are Getting More Popular—and More Complex
Sep. 20, 2015 - WallStreetJournal -  According to an annual study by the Financial Planning Association and Journal of Financial Planning, exchange-traded funds have become the preferred investment vehicle of financial advisers—with more than 80% of advisers using and recommending ETFs for clients. That’s more than any other product, including mutual funds.

3 Reasons To Like This Small-Cap Biotech ETF
Sep. 18, 2015 - Investor's Business Daily -  Sector-focused ETFs can be high-risk, high-reward plays. ALPS Medical Breakthroughs (ARCA:SBIO) tanked 13% during the big August sell-off and has since re-bounded 6%. Broadly diversified peers saw smaller losses last month and are recovering nicely too

Luxury ETF In The Works
Sep. 18, 2015 - Barron's -  Get ready to roll out the red carpet for an exchange-traded fund that owns shares of companies that cater to the rich and famous.

BlackRock introduces first Saudi Arabia exchange-traded fund
Sep. 17, 2015 - Thomson Reuters -  BlackRock Inc has introduced an exchange-traded fund investing in Saudi Arabia, marking the first of its kind.

4 ETFs to Trade the Fed Interest Rate Decision
Sep. 14, 2015 - The Street -  The Federal Reserve is getting set to announce whether it will raise interest rates this month. Here's how to trade four exchange-traded funds based on the interest rate announcement.

Active Fund Aches: Are Passive ETFs More Profitable?
Sep. 14, 2015 - ETF Trends -  The majority of actively managed large-cap managers are underperforming the benchmark S&P 500, adding fuel to the benefits of passively managed, index-based exchange traded funds.

Gundlach’s ETF Draws $1 Billion
Sep. 08, 2015 - WallStreetJournal -  SPDR DoubleLine Total Return Tactical focuses more on mortgage-backs than Treasurys

Exchange-Traded Products Post First Investor Outflow Since January
Sep. 08, 2015 - WallStreetJournal -  Investors pulled $6.4 billion from exchange-traded products last month during global market swoon

The Great ETF Debacle Explained
Sep. 05, 2015 - Barron's -  The stock market slide on Aug. 24 led to ETF prices falling more sharply than the stocks they owned.

Hedge Your Europe ETFs
Sep. 05, 2015 - Barron's -  European-stock ETFs that hedge to the dollar took a big hit in August when the euro spiked. But that’s not bad news: It’s an opportunity.

Oil Price Impact On Single Country ETFs
Sep. 01, 2015 - seekingalpha.com -  Summary

Single country ETFs demonstrate widely varying dependence on oil price.
Canadian, Columbian, Norwegian and Russian ETFs are the most correlated to USO.
Chinese and Indian ETFs are among the least correlated.

WisdomTree: Time To Buy?
Aug. 27, 2015 - Barron's -  Shares of WisdomTree (WETF) have been hit hard as its two biggest exchange-traded funds rolled over with the markets this month.

More Oddness In Funds: Pricing Glitch Hits NAV Calculations
Aug. 26, 2015 - Barron's -  More headaches for the funds industry.

A technical malfunction at Bank of New York Mellon is hitting the pricing mechanism that calculates and disseminates net asset values for some mutual and exchange-traded funds.

Monday’s Market Plunge Hit Some ETF Investors Hard
Aug. 25, 2015 - WallStreetJournal -  Ted Feight, a financial planner in Lansing, Mich., had an order in place to sell all of his clients’ exchange-traded funds if their prices fell 15% from their peak this year.

Forget The Dollar, Look At These European Currency ETFs
Aug. 25, 2015 - seekingalpha.com -  Surprising many investors, the global currency market underwent a trend reversal lately. A dovish Fed, which is still in two minds about raising the key interest rates next month, and extreme tantrums from the Chinese market stoked global growth worries all over again.

Short IWM, SLY Or VB And Long GWX? U.S. Small Caps Likely Overpriced
Aug. 21, 2015 - seekingalpha.com -  Summary

U.S. small caps seem overvalued relative to international small caps.
The dominate way to exploit this fact would likely be short VB and long GWX with a Sharpe ratio of 1.93.

Bond Exchange-Traded Funds to the Rescue
Aug. 19, 2015 - WallStreetJournal -  They’ve provided needed liquidity in recent periods of stress, when bonds became hard to trade.

Best ETFs: International Bonds
Aug. 18, 2015 - Forbes -  The Vanguard Total International Bond ETF (BNDX) is getting to be a popular item with financial planners. They reason as follows:

1. Diversification between stocks and bonds is a good thing.

Advisers Stick by Commodity ETFs Despite Dramatic Declines
Aug. 14, 2015 - WallStreetJournal -  Broad-basket commodity exchange-traded products have experienced outflows of $818 million this year

Currency-Hedged ETFs Soften Blow of Dollar’s Rise
Aug. 13, 2015 - WallStreetJournal -  Investors are pouring billions of dollars into a fashionable corner of one of the fastest-growing areas on Wall Street: exchange-traded funds that aim to protect investors against the return-crimping impact of a rising dollar.

Dividend Investing: Is This Real Estate ETF Smarter?
Aug. 13, 2015 - Investor's Business Daily -  The prospect of rising rates has weighed on ETFs holding real estate investment trusts (REITS) in 2015. IShares U.S. Real Estate (ARCA:IYR) has fallen 0.2% year to date. But it's a top performer among sector equity exchange traded funds over the past 15 years, with an average annual 10% gain.

Consumer Discretionary And Mid Cap: 2 ETFs To Watch On Outsized Volume
Aug. 11, 2015 - seekingalpha.com -  In the last trading session, U.S. stocks fell following solid job gains in July, which has increased the chances of the Fed pulling its trigger on the first rate hike in almost a decade. Among the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) lose 0.2%, the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) shed 0.2% and the PowerShares QQQ Trust ETF (NASDAQ:QQQ) move lower by 0.1% on the day.

7 ETF Solo Acts You May Have Missed
Aug. 10, 2015 - Financial Planning -  The major sponsors of ETFs have billions of dollars in assets. Chances are you regularly hear about their latest fund offerings.

Hurdles for NextShares, a New Breed of Funds
Aug. 09, 2015 - WallStreetJournal -  Eaton Vance Corp. still hopes to launch its new breed of actively managed fund this year, but that timeline depends on factors largely outside of its control.

Dark side of ETFs erode active managers’ outperformance
Aug. 09, 2015 - Financial Times -  The ability of active fund managers, who aim to beat the market, to pick winning stocks is being eroded by the huge growth in assets controlled by exchange traded funds, according to new academic research.

Bond ETFs Aren’t the Villain in Falling Markets
Aug. 08, 2015 - Barron's -  Junk-bond ETFs have drawn heat, with Carl Icahn calling them a market threat. Here’s why the fears are overblown.

Lipper Fund Flows: Domestic Equity Funds Take $2.4 Billion Dive
Aug. 08, 2015 - seekingalpha.com -  For the flows week ended August 5, investors watched the Dow Jones Industrial Average stumble through five straight days of losses. The week ended with an ADP report that said private employers added 185,000 jobs in July, well below estimates of 210,000 and suggesting a less-robust economic picture that might stave off a rate hike from the Federal Reserve.

Time to Buy Commodities
Aug. 08, 2015 - Barron's -  Sentiment on energy and gold -- and oil and metals stocks -- may be nearing capitulation. Now is a good time to lean against the wind and start to buy.

The O'Shares FTSE U.S. Quality Dividend ETF: You're Dead To Me
Aug. 07, 2015 - seekingalpha.com -  Summary

Mr. Wonderful Kevin O'Leary recently launched a dividend focused ETF.
OUSA is a smart beta ETF with screening parameters focused on Quality, Value, and Yield.

Media ETF Reels As Viacom, Gray TV, AMC Are Tuned Out
Aug. 06, 2015 - Investor's Business Daily -  Media-focused ETFs sold off briskly Thursday on a slew of lackluster earnings foreshadowed by the Disney (NYSE:DIS) bust earlier this week.

Strong Dollar ETF Aims to Ease Forex Woes
Aug. 06, 2015 - Barron's -  A strong U.S. dollar continues to pose headwinds for a broad swath of U.S. corporations.

Fear and Loathing of Bond ETFs
Aug. 05, 2015 - Institutional Investor -  I've been writing about the evolution of fixed-income trading for a number of years now, and investors repeatedly tell me that exchange-traded bond funds pose a particular threat in a crisis.  The latest brouhaha erupted at CNBC's and Institutional Investor's Delivering Alpha conference in July when Carl Icahn blasted Larry Fink, CEO of BlackRock, saying the firm's ETFs were partly responsible for the bubble in high-yield and could exacerbate market disruption if and when their investors want to sell.

July Boomlet Saw Most ETF Debuts In 3 1/2 Years.
Aug. 05, 2015 - Barron's -  July was a boom for new exchange-traded funds.

Can MLP Funds and ETFs Withstand MLP Distribution Cuts and Suspensions?
Aug. 05, 2015 - 24/7 Wall Street -  It turns out that the sector for master limited partnerships (MLPs) had rolled back over. It was just in the past two weeks or so that the MLP sector tried to bounce off of lows. Now the sector is reeling again after weaker oil prices and as more MLPs have begun to lower or suspend their distributions. This means lower yield-equivalents for investors, and these investors have been used to receiving high distributions

Lipper U.S. Fund Flows: Investors Are Net Redeemers Of Fund Assets For The Week
Aug. 04, 2015 - seekingalpha.com -  During the fund-flows week ended July 29, weak earnings reports from bellwether stocks such as American Express (NYSE:AXP), Caterpillar (NYSE:CAT), and 3M (NYSE:MMM), accompanied by a hangover from China's market meltdown, outweighed a plunge in weekly applications for unemployment benefits to the lowest level since 1973.

Oil ETFs Slide Again: More Pain In Store?
Aug. 04, 2015 - seekingalpha.com -  After smooth trading in May and June, oil resumed its decline and trapped in the nastiest downward spiral in July joining the broader selloff in commodities amid the growing global glut and the China slowdown. In fact, U.S. crude oil lost nearly 21% in July, which was the worst month since October 2008.

Time For Airline ETF After Solid Earnings Season?
Aug. 04, 2015 - seekingalpha.com -  The airline stocks, which were flying low for the last three months on a stronger dollar and global growth worries cutting back on frequent flies, gained altitude and picked up speed following robust earnings this season. As a result, the pure-play aviation ETF U.S. Global Jets ETF (NYSEARCA:JETS), which lost 2.9% in the last three-month period, advanced about 5% in the last one month (as of July 29, 2015).

Why ETFs Are the Preferred Avenue for Accessing Junk Bonds
Aug. 04, 2015 - The Street -  Billionaire Carl Icahn has been warning investors to say out of the high-yield debt market because it is a bubble that could burst any time.

Looks Like Somebody Got Killed on This Trade
Aug. 04, 2015 - Bloomberg -  Liquidity alert: If it's dead dry, think twice before you buy

Q&A: Pimco and the SEC’s bond ETF probe
Aug. 04, 2015 - Financial Times -  Why is the regulator considering action against the investment management company?

Market Vectors Bolsters Income Lineup by Acquiring Two MLP ETFs
Aug. 04, 2015 - ETF Trends -  Van Eck Global’s Market Vectors unit, the exchange traded funds issuer know for its lineup of international, commodity and municipal bond funds, is bolstering its income offerings with the acquisition of two master limited partnership ETFs.

ProShares Closing Bearish 2X Telecom ETF
Aug. 03, 2015 - Barron's -  ProShares, the best-known leveraged exchange-traded funds specialist, is closing a bearish fund that bets against stodgy telecommunications companies including AT&T (T) and Verizon Communications (VZ).

HACK ETF: Is It a Fad or the Real Deal?
Aug. 03, 2015 - US News -  I think we can all agree that companies fighting cybercrime are important. No one wants to get hacked. But that raises the question: Is an exchange-traded fund comprised of 32 of the cybersecurity solution providers a good investment?

Index tracker fund price war heats up
Aug. 03, 2015 - First Trust -  BlackRock now the cheapest for tracking the FTSE All Share or FTSE 100 indices

Van Eck® Global to Expand ETF Lineup with Acquisition of Master Limited Partnership (MLP) ETFs
Aug. 03, 2015 - Investor's Business Daily -  Van Eck Global has entered into an agreement with Yorkville ETF Advisers, LLC and Exchange Traded Concepts LLC relating to the Yorkville High Income MLP ETF (NYSE Arca: YMLP) and the Yorkville High Income Infrastructure MLP ETF (NYSE Arca: YMLI). Pending approvals from shareholders of the existing ETFs and the boards of trustees of each of the Market Vectors ETF Trust and Exchange Traded Concepts Trust, YMLP and YMLI will be reorganized as the Market Vectors High Income MLP ETF and the Market Vectors High Income Infrastructure MLP ETF, respectively.

High-Yield Jitters Lead Some Advisers to Sell ETFs
Jul. 30, 2015 - WallStreetJournal -  An interest-rate rise could trigger an exodus, they say, and they are trying to get out first

High Yield ETF Posts A New 52-Week Low For The First Time In 2015
Jul. 29, 2015 - seekingalpha.com -  Driven largely by renewed weakness in the energy sector and that sector's big weighting in high yield corporates, high-yield spreads are once again widening out over the last few weeks. From a level of 465 basis points above treasuries a month ago, high yield spreads, as measured by the Merrill Lynch High Yield Master Index, have shot up to 549 bps, which is the highest level of the year. In just the last week alone, spreads have widened out by 54 bps, which is the largest 5-day move since late December.

ETF Deathwatch For July 2015: Old Age Is Not A Free Pass
Jul. 28, 2015 - seekingalpha.com -  The ETF Deathwatch membership roll increases by three this month, as nine new names join the list and six leave. The total quantity now stands at 326, consisting of 226 ETFs and 100 ETNs. This equates to 18.7% of all exchange traded products ("ETPs") being on ETF Deathwatch (20.1% of which are greater than six months in age). The 123 products launched during the preceding six months are automatically excluded from the list because all new funds are given a six-month grace period in order to attract investor interest.

Jack Bogle Explains How the Index Fund Won With Investors
Jul. 27, 2015 - Time -  Mutual fund managers who pick stocks haven’t had much to show for their efforts (or their fees) in recent years. An investor would likely have made more money over the past decade by picking a low-cost index fund that mirrors the market as a whole. In 1976, John C. Bogle launched the first such fund for retail investors, Vanguard 500. This edited interview originally appeared in the August 2015 issue of MONEY magazine.

Eaton Vance Touts Rival’s Setback on ‘Non-Transparent’ ETFs
Jul. 27, 2015 - Barron's -  Apparently, no holds are barred in the fight to launch a “non-transparent” exchange-traded fund.

Eaton Vance (EV) came out swinging in defense of its forthcoming fund structure on Monday, taking the unusual step of sharing regulators’ correspondence with rival Precidian Investments.

The Dow just broke a pretty dubious record
Jul. 24, 2015 - CNBC -  Investors have watched with interest as stock market indexes this year have set several new highs.

The latest record to fall, though, is for not doing much of anything at all.

Leveraged Commodity ETF Moves This Month Are Crazy
Jul. 24, 2015 - Barron's -  The pernicious effects of owning leveraged exchange-traded funds for longer than a few days — heck, even a few hours — are on full display in commodities this month.

Nasdaq And Emerging Market: 2 ETFs Trading With Outsized Volume

Jul. 24, 2015 - seekingalpha.com -  In the past trading session, U.S. stocks were in the bearish territory as an overall negative tone from recent earnings took a beating on the market. For the top ETFs, investors saw the SPDR S&P 500 Trust ETF (NYSEARCA:SPY) shed 0.6%, the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) lose over 0.6% and the PowerShares QQQ Trust ETF (NASDAQ:QQQ) move down by about 0.4% on the day.

An ETF for Closed-End Muni Bond Investors
Jul. 24, 2015 - Barron's -  Jim Colby, chief municipal strategist at Van Eck Global, is usually a fan of municipal bonds. But, like Barron’s, he’s noticed the attractive discounts in municipal bond closed-end funds recently.

Is This the Beginning of the End for Dividend ETFs?
Jul. 23, 2015 - Bloomberg -  Dividend ETFs are on fire, and not in a good way.

Bears Pile into Commodity ETF Options
Jul. 23, 2015 - Barron's -  Commodities have been falling hard, and there were few signs of optimism in options on popular exchange-traded funds on Wednesday.

Hedge Rising Yields With These Junk Bonds ETFs
Jul. 23, 2015 - seekingalpha.com -  The path of junk bond ETFs has been patchy for the last couple of months. The space put up a dull show in 2014. The acute plunge in oil prices in the second half of the last year weighed heavily on the space, especially on the energy bonds. This was because the U.S. energy companies spread their presence widely to the high-yield bond market to materialize the shale-oil boom. Thus, fears of their default amid the oil price massacre prompted junk bond sell-offs.

ETFs And Hedge Funds: At What Price Performance?
Jul. 22, 2015 - seekingalpha.com -  With the final numbers for the second quarter of 2015 now available, the research firm ETFGI today brought some long-anticipated news: the size of the exchange traded funds market has finally exceeded that of its older, more well-to-do cousins. It may have taken a little longer than we expected, but ETFs are now a bigger part of the market than hedge funds.

Global X Serves Up A New Alternative ETF
Jul. 22, 2015 - seekingalpha.com -  Global X Funds has a growing line of "SuperDividend" ETFs, and the latest is sure to be of interest to liquid alts investors: the Global X SuperDividend Alternatives ETF (NASDAQ:ALTY), which began trading on the Nasdaq on July 14.

Cash Rules Everything Around This ETF
Jul. 22, 2015 - seekingalpha.com -  Summary

Highlights of the TrimTabs International Free-Cash Flow ETF.
The international ETF emphasizes quality and cash flow.
Why free cash flow is an important indicator for investors.

Sector Picker's Market
Jul. 21, 2015 - seekingalpha.com -  Earlier, we posted our review of key global ETF performance. We also look at ETFs on a variety of other angles in our daily ETF Trends Report. Today's report features US Sector and Group ETFs. Below we show the trading range screen for this slice of the ETF market we track.

Collateral Damaged as Stock Pledges Proliferate
Jul. 21, 2015 - Barron's -  With all the supporting measures, the China market has recovered from its low on 8 July. Both the Shanghai Composite and Hang Seng Indices have risen 2% last week. China Security Finance Corp. (CSFC) has acted as a conduit to inject rescue funds into the stock market; it has stepped up its effort to facilitate brokerage margin lending and purchase securities directly from the market.

Exchange traded funds grow bigger than hedge funds
Jul. 21, 2015 - Financial Times -  The level of assets in exchange traded funds has surpassed those held by hedge funds for the first time, highlighting how their explosive growth has upended the global fund management industry since the financial crisis.

Eaton Vance Downgraded on Concerns About NextShares Rollout
Jul. 21, 2015 - WallStreetJournal -  Credit Suisse cut its rating to neutral, partly because securities firms haven’t embraced Eaton Vance’s planned exchange-traded managed funds

Highs And Lows Of ETFs So Far In 2015 - What The Second Half Holds
Jul. 20, 2015 - seekingalpha.com -  Summary

The ETFs under pressure going forward will be those with higher yields.
Higher interest rates will pull down these funds, even if it takes longer to implement than thought.
Some ETFs will continue to do well, buoyed by the tech, healthcare and finance sectors.

Lipper Fund Flows: Domestic Equity Funds Lose While Markets Gain Ground
Jul. 20, 2015 - seekingalpha.com -  Stock markets rebounded this past week after Greece came back to the bargaining table with its creditors and acceded to even harsher demands than it had rejected a week earlier and after stocks in China appeared to slow their freefall. For the fund-flows week ended July 15, the Dow Jones Industrial Average climbed 535 points to end above 18,000 and regained ground it had lost over the prior three weeks of the Greek debt drama.

The Investment Carl Icahn Fears Will Implode in a Financial Crisis
Jul. 20, 2015 - The Street -  Carl Icahn may have billions but he still worries about average investors: specifically, that they're putting too much money into high-risk debt that will be wiped out when the next financial crisis hits.

Liquidity in bond ETFs: The real story
Jul. 20, 2015 - Investment News -  Past patterns show that Carl Icahn's worries about havoc in the market are not grounded in fact

Gold funds tarnished by yellow metal's plunge
Jul. 20, 2015 - USA Today -  Funds that track gold, normally a haven in hard times, are suffering tough times of their own.

Icahn and Fink May Both Be Wrong About High-Yield ETFs
Jul. 20, 2015 - Barron's -  Titans of the investing world, activist investor Carl Icahn and Larry Fink of BlackRock, squared off last week at a CNBC conference on the topic of exchange-traded funds that invest in high-yield bonds.

'Shark' Kevin O'Leary jumps into ETF biz
Jul. 14, 2015 - CNBC -  How big are ETFs these days? Even Kevin O'Leary of "Shark Tank" is getting into the game.

Greece and China Battle for Most Dangerous ETF
Jul. 13, 2015 - Bloomberg -  Quick, which one's crazier, Greece or China?

The collapse of Chinese stocks in the past month does indeed eclipse Greece's market turmoil. But when it comes to the volatility of the exchange-traded funds tracking those two markets, it's a (scary) toss-up.

Junk-Bond ETFs Show Just How Desperate Traders Are for Liquidity
Jul. 13, 2015 - Bloomberg -  Junk-bond investors are getting more and more desperate for liquidity as the Federal Reserve moves closer to ending its era of unprecedented stimulus.

China ETF Switches Its Strategy After Stock Trading Halts
Jul. 13, 2015 - Bloomberg -  China’s use of trading restrictions amid its worst market rout in more than two decades has prompted a rare strategic change at one of three U.S. exchange-traded funds with access to the Shanghai and Shenzhen stock markets.

Must-See Charts for ETFs That Track Treasuries, Gold, Oil, Dollar
Jul. 13, 2015 - The Street -  Treasury yields are on the rise with an uptrend that shows that the increase may be overdone.

Actively Managed ETFs Moving Forward, Slowly
Jul. 11, 2015 - Barron's -  Eaton Vance appears to have a good chance of winning final SEC approval for its non-transparent ETFs. Their fate will be a bellwether for the industry.

BlackRock: What We Talk About When We Talk About ETFs
Jul. 10, 2015 - Barron's -  What’s in a name?

BlackRock (BLK), the world’s largest asset manager and provider of exchange-traded funds, renewed its call for a more nuanced classification system for exchange-traded products in a white paper published on Friday.

Inverse, Leveraged ETF Assets Reach a Record $63 Billion
Jul. 08, 2015 - ETF Trends -  Bolstered bearish wagers on U.S. government bonds, combined assets under management for global inverse and leveraged exchange traded funds climbed to $63 billion as of the end of June, according to data from Boost, WisdomTree (NasdaqGM: WETF), the fifth-largest U.S. ETF issuer.

Bear Raid on China Drops S&P 500 to Four-Month Low
Jul. 08, 2015 - Barron's -  Wednesday’s global market selloff accelerated late on Wednesday as the SPDR S&P 500 (SPY) dropped to near a four-month low.

Gross Didn’t Execute China Short Trade That He Suggested
Jul. 08, 2015 - Bloomberg -  Bill Gross, who recommended shorting the Chinese stock market last month before it plunged, didn’t actually do the trade.

Look out: Currency hedging is on the loose in ETF world
Jul. 08, 2015 - CNBC -  That stampeding sound you hear is coming from fund managers scurrying to get into the currency-hedging trade.

Hong Kong ETF market braces for competition from China's giants
Jun. 30, 2015 - Thomson Reuters -  Hong Kong's exchange-traded funds can expect to lose market share to Chinese fund managers when a scheme to mutually trade in both markets starts on Wednesday.

Greece ETF Pacing for Record Tumble on Huge Volume: Here’s What You Need to Know
Jun. 29, 2015 - Barron's -  Concerns about Greece’s potential exit from the euro zone are smacking markets across the globe, particularly the U.S.-traded exchange-traded fund tied to Greek stocks.

Closing Greece’s Exchange Puts Focus on ETFs Without Prices
Jun. 28, 2015 - Bloomberg -  Shutting down the Greek market has trained attention on exchange-traded funds tracking its stocks, adding an element of speculation to their prices as long as the Athens bourse is closed.

Lipper Weekly U.S. Fund Flows: Funds Gain $6.1 Billion During Wild Week
Jun. 27, 2015 - seekingalpha.com -  U.S. stocks were on a wild ride during the fund-flows week ended Wednesday, June 24, 2015. Initially, investors sent the NASDAQ and Russell 2000 to new record highs, cheering the perceived dovish tone set at the conclusion of the June Federal Open Market Committee policy meeting.

Price War Rages in Currency-Hedged ETFs; ProShares Fires Salvo
Jun. 25, 2015 - Barron's -  A price war is raging in the white-hot market for currency-hedged exchange-traded funds.

Van Eck's New ETF Targets Unlocked Spin Off Value
Jun. 24, 2015 - seekingalpha.com -  Summary

Investor interest in corporate spinoffs is increasing fueled by eBay's planned spinoff of PayPal and Carl Icahn's involvement in the process.
Currently, this ETF has only one competitor with a similar strategy giving this fund the potential to increase AUM nicely over time.
Companies like Occidental Petroleum, Sears, Time Warner and Kimberly-Clark have all spun off business units recently.

Is the Short VIX ETF Trade Running Out of Steam?
Jun. 24, 2015 - Barron's -  Selling stock-market “volatility” has worked out to be about the fattest, juiciest slam dunk out there.

Market braced for upheaval as SEC signals ETF crackdown
Jun. 22, 2015 - Risk.net -  US regulators are seeking greater oversight of the ETF creation and redemption process, amid rumblings from systemic risk watchdogs

REM Yielding 13% And Still Attractive
Jun. 22, 2015 - seekingalpha.com -  Summary

My projection is that the dividend the iShares Mortgage Real Estate Capped ETF will pay at the end of June will be $0.2838. That will bring the trailing 12-month current yield to 13%.
Many of the mREITs that comprise the REM portfolio are trading at significant discounts to book value.
My view is that interest rates will remain low for longer than many expect.

KBW Downgrades Wisdom Tree; Still Sees Firm as Long-Term ETF Pure Play
Jun. 22, 2015 - Barron's -  The folks at Keefe, Bruyette & Woods are ratcheting back their ratings on Wisdom Tree Investments (WETF) but still sees the stock as a long-term pure play in the ETF industry.

The Hidden Costs of Bond ETFs
Jun. 20, 2015 - Barron's -  There are 280 fixed-income exchange-traded funds on the market today—four times as many as in 2008. Fund companies are rolling out new products aimed at helping investors minimize the impact of rising interest rates, among other strategies. But bond ETFs still haven’t gained the popularity of stock ETFs, and, until they do, investors should be wary of the newest entrants. Not because the strategies are questionable—because their pricing is.

Trading firm Flow Traders to seek listing
Jun. 18, 2015 - Financial Times -  Flow Traders, a Netherlands-based proprietary trading firm, is set to become the first electronic trader in Europe to seek a stock market listing with plans to offer its shares on Euronext Amsterdam.

HACK Cyber Security ETF Grabs $1 Billion in Assets
Jun. 17, 2015 - Barron's -  The fund industry’s biggest grassroots success story in recent memory just hit a big milestone: $1 billion in assets under management.

How to Trade the Health Care, Financial and Tech ETFs Rising This Week
Jun. 12, 2015 - The Street -  The Standard & Poor's 500 needs to end this week with a close above its key weekly moving average of 2,103.6 to avoid having a negative weekly chart. 

Merkel Talks Euro Off A Cliff, Stocks Follow
Jun. 12, 2015 - Barron's -  As if we don’t have enough policy statements to interpret already.

Leveraged ETFs Make You the Biggest Loser
Jun. 11, 2015 - The Motley Fool -  Leveraged ETFs are one of the hottest new fund ideas around. But the big wins aren't for everybody -- leveraged ETFs can pull your portfolio into the red while long-term investors wait patiently for their winnings. Here's what you need to know.

MSCI Decision Could Trigger China A-Share Sell Off
Jun. 09, 2015 - Forbes -  Global index firm MSCI decided against including mainland China’s equity in the gigantic MSCI Emerging Markets Index on Tuesday, possibly triggering a sell-off in the red hot A-share market.

Global Index May Add Chinese Stocks, Fueling Investment
Jun. 09, 2015 - The New York Times -  Chinese stocks do not really need an extra boost. They have tripled in value over the last year to nearly $10 trillion — overtaking Japan, Hong Kong and Britain and coming in second only to the United States.

Ride European Stock Gains With These 4 ETFs
Jun. 09, 2015 - US News -  European stock markets are on a tear this year, showing double-digit gains that far outperform the returns of U.S. stocks. One of the main drivers of blistering gains in European stocks is monetary stimulus from the European Central Bank – and analysts say the rising trend in stocks in Europe may just be getting started.

Goldman Sachs’ ETN Jumps to Premium After ‘Creation’ Halt
Jun. 09, 2015 - Barron's -  Goldman Sachs Group (GS) on Tuesday halted creations in an exchange-traded note, opening the door for unusual trading until trading normalizes.

Ditch Currency-Hedged Japan ETF for Plain Vanilla
Jun. 09, 2015 - Barron's -  Morgan Stanley Wealth Management is telling its financial advisors to ditch a popular currency-hedged Japan exchange-traded fund in favor of a plain-vanilla one.

Second Wave of ‘Smart Beta’ ETFs Is Coming
Jun. 07, 2015 - WallStreetJournal -  Just when you thought you finally had “smart beta” exchange-traded funds figured out, along comes Smart Beta 2.0.

Buy the New No. 1 Bond Fund?
Jun. 07, 2015 - WallStreetJournal -  Vanguard Total Bond Market Index fund (VBMFX) has captured one of the most sought-after titles in money management: the world’s largest bond mutual fund.

Larry Fink: Bond ETF Fears Are ‘More of a Myth Than a Reality’
Jun. 07, 2015 - Barron's -  Larry Fink, chief executive at BlackRock (BLK), dismissed the notion that bond exchange-traded funds will grease the skids during the next big market rout in a visit to Barron’s this week.

New fund makes it easy to trade bitcoins — but it ain’t cheap
Jun. 05, 2015 - MarketWatch -  One year ago, I began a journey to invest in bitcoins for my retirement account. My thinking was that bitcoins are clearly a long-term investment and by using my asset allocation model, I could provide room for them as part of my alternative investment allocation.

China Shares Rally to 7-Year High but Investors May Want to Wait
Jun. 05, 2015 - The Street -  Shares on China's major exchange hit a seven-year year Friday after months of quick gains, but domestic pressures threaten to drag it down again and foreign investors should be cautious.

New E.T.F.s Appeal to Those With Bigger Appetites for Risk
Jun. 04, 2015 - The New York Times -  Imagine a fund that offers exposure to the strategies of the world’s sharpest hedge fund investors. Or one that tracks the steady dividends paid by companies like Apple, instead of their more volatile shares.

Time for another look at ETFs
Jun. 04, 2015 - Business Spectator -  Amid growing speculation that liquidity in some sectors of the US market such as corporate bonds may be a lot lower than most investors assume, raising risks in the event of another market downturn, one large market player believes liquidity will come from an unlikely source: ETFs.

New E.T.F.s Appeal to Those With Bigger Appetites for Risk
Jun. 04, 2015 - The New York Times -  Imagine a fund that offers exposure to the strategies of the world’s sharpest hedge fund investors. Or one that tracks the steady dividends paid by companies like Apple, instead of their more volatile shares.

China Shares May Finally Get Their Due
Jun. 03, 2015 - WallStreetJournal -  Momentum is building for increased foreign investment in Chinese stocks.

U.S. index-fund giant Vanguard Group Inc. says it will start buying mainland-listed shares, just days before closely watched index provider MSCI Inc. will decide whether to add China’s domestic market to its benchmarks.

UPDATE 3-Investors pull $2.7 bln from Pimco Total Return; $53 mln from ETF
Jun. 02, 2015 - Thomson Reuters -  Investors yanked another $2.7 billion from the Pimco Total Return Fund in May, their 25th straight month of withdrawals, but less than half the previous month's pace.

Vanguard to add China A-shares to its broad emerging markets ETF
Jun. 02, 2015 - Thomson Reuters -  Vanguard Group said on Tuesday it plans to add onshore Chinese equities, known as A-shares, to its broad emerging markets exchange-traded fund, making it the first broad-based emerging markets ETF to gain direct exposure to the onshore market.

ETFs are Propping Up Trading Volumes: Credit Suisse
Jun. 01, 2015 - Barron's -  Higher daily turnover in exchange-traded funds this year is supporting otherwise soporific traffic in single stocks.

How to Trade Bonds, Gold, Crude Oil, Dollar Using ETFs
Jun. 01, 2015 - The Street -  Volatility in Treasurys, gold, oil and the U.S. dollar offer trading opportunities, and active traders and investors can buy and sell in these markets with exchange-traded funds.

Invest Like A Boss With Leading Investment Advisers' Favorite Mutual Funds
May. 31, 2015 - Forbes -  Investors have some 9,200 mutual funds and 1,400 exchange-traded funds to choose from in the U.S.  – the most in the entire world. They dwarf the 5,240 stocks listed on the U.S. stock market a la the NASDAQ and New York Stock Exchange, according to the World Federation of Exchanges.

Retirement ETFs: NorthCoast Diversified Core
May. 29, 2015 - Investor's Business Daily -  NorthCoast Asset Management's Diversified Core portfolio seeks a balance between income and long-term growth. The mix aims to give retirees peace of mind.

Advisers Prefer ETFs Over Mutual Funds, Survey Finds
May. 28, 2015 - WallStreetJournal -  Move over, mutual funds. Exchange-traded funds are now more popular with financial advisers, according to a new survey.

Investors Pulling Energy Sector Bets for First Time in 8 Months
May. 28, 2015 - Bloomberg -  Investors are cautiously pulling money out of energy producers for the first time in eight months, taking short-term gains after oil rebounded from a six-year low.

ETF pioneer Ben Fulton launches torpedo at an idea he helped popularize
May. 28, 2015 - Investment News -  Former PowerShares executive says the exchange-traded fund world includes “some really ill-conceived ideas”

iShares Europe CEO backs regulatory look at some 'smart' funds
May. 28, 2015 - Thomson Reuters -  A regulatory plan to scrutinise some exchange-traded funds to ensure investors and the broader market are protected has got the backing of BlackRock's (BLK.N) head of iShares for Europe, Middle East and Africa.

Is Your ETF Surprisingly Top-Heavy?
May. 26, 2015 - Barron's -  The proliferation of exchange-traded funds, now with $3 trillion in assets globally, has carved up much of the world by industry and/or geography.

China Stocks: New Rules Create a Great Opportunity
May. 26, 2015 - Barron's -  China’s ongoing efforts to stimulate stock trading and liberalize exchange access has created one of the world’s great trading opportunities.

Russia Bonds Have Little Upside; Brazil & Turkey, Cheap
May. 22, 2015 - Barron's -  Sovereign bonds in Russia are back at fair value, and bonds in Sri Lanka and Brazil are cheapest, according to a Societe Generale update of bond values.

Right Now You Can Buy the Whole U.S. Stock Market and Zero Out the Fee
May. 20, 2015 - Bloomberg -  Every ETF has room for improvement. Except, perhaps, for one. 

ETF model puts active managers to the test
May. 20, 2015 - Financial Times -  As this column often notes, active investors charge too much. This is only in part because they are greedy. It mainly reflects the problem that their costs exceed the small returns they can collectively eke out of stock markets over and above market benchmarks.

7 Unique, Boutique ETFs
May. 20, 2015 - US News -  From clone investments to spinoff stars, these funds seek unexpected opportunities throughout the world.

Can You Use ETFs to Beat the Market?
May. 15, 2015 - WallStreetJournal -  When hiring people who call themselves strategists, be aware that some act more like tacticians instead.

Gundlach ETF Races to $500 Million in Assets
May. 14, 2015 - ETF Trends -  To this point in 2015, the number of new exchange traded funds is approaching 90, which says this will be a strong year for ETF launches though perhaps off last year’s pace.

A Flurry Of IPOs Might Lift IPO ETFs
May. 14, 2015 - seekingalpha.com -  The U.S. IPO space, which was subdued at the start of 2015, looks to be on fire this week. As per Renaissance Capital, as many as 14 companies are slated to go public this week. This makes the week starting from May 4 the 'busiest week' of 2015 so far, per 247wallst.com.

Investors Retreat From China
May. 14, 2015 - seekingalpha.com -  Summary

April inflows of $2.4bn into emerging market ETFs reverse Q1 outflows.
But Chinese and Hong Kong tracking ETFs seen $7.2bn of outflows in April.
Net $18bn withdrawn from Chinese and Hong Kong ETFs in last 12 months.

Bull Chart of the Day -- Master Limited Partnership ETF Gets Boost From Williams
May. 14, 2015 - The Street -  Williams Partners  (WPZ - Get Report) has the master limited partnership exchange-traded fund on the move over the last few days. This one is a bit tricky here. WPZ held a place in the top 10 holdings for several MLP ETFs, and now there are a few of those ETFs threatening to break out higher after they looked ready to roll over.

2 Top-Ranked Eurozone ETFs To Buy Now
May. 14, 2015 - seekingalpha.com -  Finally, the rounds of monetary easing in Europe are paying off, and the eurozone has picked up momentum with 0.4% growth in the first quarter - the highest quarterly growth in nearly 2 years. This was up from 0.3% recorded in the fourth quarter and in line with market expectations.

Which Are Better: Active Or Passive Managed Bond ETFs?
May. 14, 2015 - seekingalpha.com -  Summary

Active management did not add substantial value to MINT and BOND.
Active management produced poorer performance for high yield and emerging market bond ETFs.
In most cases, passive management performed as well as or better than the corresponding actively managed ETFs.

Exclusive: Eaton Vance to help cover broker costs on new ETFs
May. 14, 2015 - Thomson Reuters -  In an unprecedented move, Eaton Vance Corp will offer to help some brokerages pay their technology costs to make the fund company's new breed of exchange-traded funds available to investors, Tom Faust, Eaton's chief executive officer, told Reuters this week.

Solar ETFs Bask In Warm Glow Of Improving Industry Profits
May. 14, 2015 - Investor's Business Daily -  Fatter profits for solar firms have helped ETFs holding these stocks blaze a trail among sector funds in 2015. Guggenheim Solar (ARCA:TAN), the $446.79 million exchange traded fund tracking solar equities, soared 40% year to date as of Thursday.

Like Intrinsic Value? There’s an ETF for That
May. 13, 2015 - ETF Trends -  Even some novice investors are probably familiar with the term “intrinsic value,” which is often cited by legions of professional investors, including Warren Buffett.

Global ETF Assets Poised to Eclipse Hedge Funds
May. 13, 2015 - Barron's -  Which sounds like a more appealing fee structure? Twenty basis points (0.2%) or two-and-twenty (2% of assets + 20% of profits).

More M&A Could be Coming for This Healthcare ETF
May. 13, 2015 - ETF Trends -  The healthcare sector and its related exchange traded funds are not strangers to mergers and acquisitions activity. Arguably, the sector can be called an epicenter for this year’s spate of deal-making.

Beta Gets Scientific With These new Global X ETFs
May. 13, 2015 - ETF Trends -  Smart beta exchange traded funds have been around awhile, perhaps longer than many advisors and realize. Now, Global X is taking the scientific approach to beta with the introduction of four new ETFs.

Why Am I Buying The Schwab International Equity ETF?
May. 12, 2015 - seekingalpha.com -  Summary

SCHF offers investors exposure to international markets with relatively low levels of risk.
The ETF offers some diversification benefits.
The eyeball test shows that correlations aren't as strong as they appear.
I prefer SCHF to SCHC because of the former's lower expense ratio.
SCHC complements my core portfolio holdings quite nicely.

Generating income with ETFs: A how-to guide
May. 12, 2015 - Investment News -  Every one of the top 15 ETF providers offers at least one focused on providing income. Here's a breakdown.

Virtus Abandons ETF Strategist F-Squared
May. 11, 2015 - ETF.com -  Virtus Investment Partners Inc., the investment advisor that did so much to legitimize the now-fallen ETF Strategist F-Squared Partners, has severed its ties with F-Squared, the latest blow to the Massachusetts firm that was fined $35 million after a regulatory problem that led to the ouster of its top executive.

Invesco on smart beta hiring spree
May. 11, 2015 - Financial Times -  Invesco is betting that a big investment in behind-the-scenes exchange traded fund operations and product staff will help the firm take advantage of burgeoning interest in smart beta and help it hit aggressive growth goals.

Lipper Fund Flows: Bust Week For Bond ETFs With $2.6 Billion Exit
May. 11, 2015 - seekingalpha.com -  A week-long selloff in European bonds erased the gains made since the European Central Bank rolled out its own quantitative-easing program and led to bond selling here at home as well. But a disappointing jobs creation estimate from payroll provider ADP seemed to put the brakes on the rout just as the yield on the U.S. ten-year note rose from 2.06% on Wednesday, April 29, to 2.18% this past Wednesday.

How to Implement a Factor-based Smart Beta Investing Strategy
May. 11, 2015 - BlackRock Blog -  Smart beta expert Sara Shores explains factor investing and shares several ideas for how to potentially implement this strategy into your own portfolio.

Searching for Yield? Trade These ETFs to Play Bonds, Gold, Crude Oil and Euros
May. 11, 2015 - The Street -  Federal Reserve Chair Janet Yellen is worried about stretched valuations in the stock market, while investors are searching for yield. Due to this dilemma, the market dynamics are changing for bonds, gold, crude oil and the dollar.

As Greece Drags Down Europe ETFs, U.K. Stocks Buck The Tide
May. 11, 2015 - Investor's Business Daily -  Investors have piled into exchange trading funds holding European equities this year. But given the region's increasingly mixed outlook, where to invest? Greece on Monday sought a eurozone nod towards its economic progress. That, it said, would loosen the purse strings on a major repayment due to creditors.

This New ETF Concentrates On Companies Targeted By Big Activist Investors
May. 11, 2015 - seekingalpha.com -  Summary

Global X recently launched Guru Activist Index ETF which looks to take positions in companies that are influenced by activist investors like Carl Icahn and Bill Ackman.
With an overall expense ratio of 0.75%, this ETF is a much cheaper option than the cost that typically comes with investing in big hedge funds.
This ETF utilizes both 13D and 13F filings in order to create a universe of potential holdings and narrows it down to the roughly 50 best opportunities within that group.

Dividend Growth Stock Overview: Eaton Vance Corporation
May. 08, 2015 - seekingalpha.com -  Summary

EV manages assets for retail, institutional and high-net-worth clients.
Net inflows into EV products have been positive for the last 19 years.
The company has increased dividends since 1981. Dividend growth has slowed over the last several years but the 5-year growth rate is still nearly 8%.

Are Investors Overestimating the Dollar?
May. 08, 2015 - ThinkAdvisor -  If the dollar’s strength pauses or even reverses, it would give some much-needed relief to U.S. investors in international stocks

How Jonathan Steinberg Made Good on a Second Chance
May. 07, 2015 - The New York Times -  From his earliest days as a 20-something chief executive, Jonathan L. Steinberg had a weekly lunch with his father, Saul, the corporate raider whose brazen tactics and lavish displays of wealth came to define Wall Street in the 1980s.

Two Health Care ETFs With The Most Growth Potential: S&P Capital IQ
May. 07, 2015 - Forbes -  The health care investors are beating the stock market for a fifth year straight. The sector trades at more expensive valuations compared with the S&P 500 but it offers superior earnings growth. S&P Capital IQ believes some health care companies are trading at a discount to fair value. It is prescribing small- and mid-cap health care equipment and supplies companies via the SPDR S&P Health Care Equipment ETF (XHE) and PowerShares S&P SmallCap Health Care Portfolio (PSCH). Both have sold off harder than their peers in the past month, offering a chance to buy on a pullback.

Smart move by Lombard Odier/ETF Securities
May. 07, 2015 - Financial Times -  Lombard Odier Investment Managers and ETF Securities have launched three Ucits-compliant fundamentally weighted fixed income ETFs on the London Stock Exchange.

ETF provider RevenueShares explores company sale
May. 07, 2015 - Thomson Reuters -  VTL Associates, LLC, a Philadelphia-based consulting firm that owns the RevenueShares exchange-traded funds, has tapped Royal Bank of Canada to help find a buyer for the company, VTL's chief executive told Reuters on Thursday.

2 New ETFs With Big Potential
May. 06, 2015 - seekingalpha.com -  The ETF industry continues to grow exponentially, with a record $96 billion in global inflows during the first quarter, up from more than 100% from a year ago. More than 70 ETFs have been launched in the US so far this year, taking the total number of ETFs to 1702 and total assets to over $2.1 trillion.

China H-Shares ETFs Riding On High Demand
May. 06, 2015 - seekingalpha.com -  Chinese stocks and ETFs are fired up this year and are shining amid sagging economic growth. While the Chinese economy is still struggling with a credit crunch, property market slump, weak domestic demand, lower factory output and low GDP growth, the policy easing spree and hopes of further stimulus continue to build up the momentum in the world's second-largest economy.

Internet ETFs With Big Alibaba Stakes Await Earnings
May. 06, 2015 - Investor's Business Daily -  Two ETFs have a lot riding on earnings news from rivals Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) this week. Both exchange traded funds have the two Chinese Internet giants plus Tencent (OTCPK:TCEHY) — which owns an 18% stake in JD.com — among their top five holdings. Both also have smaller positions in Autohome (NYSE:ATHM), an IBD Sector Leader. The car website operator fell 4% Wednesday despite a positive Q1 earnings report and Q2 outlook.

Exchange traded funds global assets reach $3tn
May. 05, 2015 - Financial Times -  Enthusiasm for exchange traded funds has propelled the global market beyond $3tn in assets, highlighting how investors increasingly...

The ETF craze just crossed a huge hurdle
May. 04, 2015 - CNBC -  Mom-and-pop investors have crossed an important threshold in how they're putting their money to work.

Ned Davis Reseach ‘Clarifies’ Views on Hedged Europe ETF
May. 01, 2015 - Barron's -  Ned Davis Research is backtracking a bit from aspects of a recent report about the Wisdom Tree Europe Hedged Equity (HEDJ), this year’s most popular exchange-traded fund by new assets.

Why You Shouldn't Sell Your Oil ETF, Regardless Of Oil Prices
May. 01, 2015 - seekingalpha.com -  Summary

ETF outflows say less about the future of oil prices than many pundits think.
If you trade your ETFs on short-term price worries, you trade away the benefits ETFs offer investors.
ETFs were designed to protect investors from the type of volatility we're now seeing in the oil markets.

'Boring Is Beautiful' For Savvy Senior IRA; Over 1% Per Month Through April
Apr. 30, 2015 - seekingalpha.com -  Summary

Over 1% per month returns for "Savvy Senior" IRA portfolio so far in 2015; mostly in cash.
Fed still subsidizing the banking industry, so why not "invest like a banker?"
With 10% yields available taking credit risk, who needs equity risk?
Especially with stock market this high.

Predicting Takeovers Is Accidental Skill for This ETF: Real M&A
Apr. 30, 2015 - Bloomberg -  Want a leg up in the game of predicting the next takeovers? This exchange-traded fund might help.

ETF launch allows investors to trade FTSE 100 24 hours a day
Apr. 30, 2015 - Financial Times -  Investors will now be able to trade the FTSE 100 index 24 hours a day following the launch of a US-listed fund tracking the benchmark UK index.

Hedge Funds Are Flipping on the Strong Dollar Trade
Apr. 29, 2015 - Barron's -  Are traders losing their courage to wager on the greenback and against Europe’s common currency?

Ways To Play Potential Market Opportunities In Q2
Apr. 28, 2015 - seekingalpha.com -  As my colleague Russ Koesterich pointed out earlier this week, the start of a new quarter is always a good time to take a step back and give your investment portfolio another look.

Capital Link Recognizes the PureFunds ISE Cyber Security ETF (HACK) As Most Innovative ETP of 2014
Apr. 28, 2015 - BusinessWire -  Factor Advisors LLC, a subsidiary of the ETF Managers Group LLC, the Advisor and Manager to the PureFunds ISE Cyber Security ETF (NYSE: HACK), is proud to announce that HACK has been recognized as the Most Innovative ETP of 2014 at the Capital Link Annual Closed-End Fund & ETP Awards. Launched in November 2014, the ETF is the first exchange-traded fund to provide specific exposure to the cyber security sector by using a passive, index approach to provide investment results, before fees and expenses, that correspond generally to the ISE Cyber SecurityTM Index.

Is India Too Expensive? Its ETFs Are In Trouble
Apr. 28, 2015 - Investor's Business Daily -  What's ailing India ETFs? Star performers at the global level until recently, they've taken a tumble. Two of the largest exchange traded funds tracking the subcontinent's equities are each 10% off their old highs, set in early March.

Humdrum ETFs Are Overtaking Racy Hedge Funds
Apr. 28, 2015 - Time -  It's part of a gradual change in culture on Wall Street that's encouraging low costs and long-term thinking.

The Morning Ledger: Oil Investments Running Out of Gas
Apr. 27, 2015 - WallStreetJournal -  The monthlong price rally for crude oil may be coming to an end. Money is flowing out of the popular exchange-traded funds that invest in U.S. oil futures.

Now You Can Easily Invest in Pakistan. But Should You?
Apr. 27, 2015 - Bloomberg -  Investors: Remember when you thought an exchange-traded fund targeting Nigeria sounded over the top?

Money Pours Out of Oil ETFs — Energy Journal
Apr. 27, 2015 - WallStreetJournal -  Exchange-traded funds, or ETFs, that invest in U.S. oil futures are showing signs of outflows in a negative signal for a monthlong crude-price rally, Nicole Friedman reports. An inflow that began in January, as oil prices continued to fall, totaled roughly $6 billion through mid-March, when U.S. crude hit a six-year low, according to Macquarie Group Ltd. But the ETFs, which can be bought and sold like stocks and include the $3.1 billion United States Oil Fund LP, have registered about $2.7 billion of investor outflows in April.

Monday Morning Memo: Some Facts About ETF Trading
Apr. 27, 2015 - seekingalpha.com -  Many investors look at the total expense ratio (TER) when they are selecting funds, and they opt more often for the cheaper solution than for a fund with possible higher performance. This means these investors often end up buying an exchange-traded fund (ETF), since these products have low management fees and therefore low TERs. In addition, these passive products often show higher performance than many of their actively managed peers.

Treasury ETFs Inflows Outpacing All Other Bond Funds This Month
Apr. 27, 2015 - Bloomberg -  Exchange-traded funds that hold U.S. Treasuries are seeing more cash inflows this month than any other fixed-income funds for the first time this year.

Nuveen Investments’ Industry Leadership Recognized at 14th Annual Capital Link Closed-End Fund Forum
Apr. 27, 2015 - BusinessWire -  Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the firm was honored at Capital Link, Inc.’s 14th annual Closed-End Fund and Global ETF Forum on Thursday, April 23, 2015, for excellence in the closed-end fund marketplace.

CEFL: Attractive 18.6% Yield And Discount To Book Value
Apr. 27, 2015 - seekingalpha.com -  Summary

CEFL will declare a dividend for May 2015 that will bring the annualized monthly compounded yield to 18.6%.
The closed-end funds that comprise the index upon which CEFL is based are trading at 91.4% of net asset value on a weighted average basis.
This combination of high yield and relative value makes CEFL attractive for those investors willing to assume the risks associated with leverage.

Today's Income Investor Guide To Picking CEFs
Apr. 27, 2015 - seekingalpha.com -  Summary

CEFs are probably one of the more misunderstood income products on the market.
Pricing inefficiency can provide yield and total return opportunity for investors that can identify intermediate/long-term investment trends.
Problem is, most CEFs don't provide robust performance and are expensive to buy and hold.
Some of the pitfalls and unique characteristics of CEFs that make them difficult to evaluate.
Some things to keep in mind as you analyze CEF's in today's difficult to predict forward economic environment.

Oil-Fund Outflows Bode Ill for Prices
Apr. 26, 2015 - WallStreetJournal -  Money is pouring out of a popular investment tied to the oil market, a sign that a monthlong crude-price rally may be running out of gas.

QQQ ETF Falters as Nasdaq Soars
Apr. 26, 2015 - WallStreetJournal -  Nasdaq stocks are finally having their moment. The 2,579-stock Nasdaq Composite Index has soared past its record set during the dot-com era. The smaller Nasdaq-100 index isn’t far behind.

Top Three MLP Investing Ideas From Manager Of InfraCap MLP ETF (AMZA)
Apr. 25, 2015 - Forbes -  Investors are spoiled for choices when it comes to exchange traded funds offering exposure to master limited partnership or MLPs. InfraCap MLP ETF (AMZA) distinguishes itself as being the first actively-managed MLP ETF on the stock market. Launched in October, it invests in companies engaged in oil and gas transportation, storage and processing. So far this year AMZA gained 1% versus -1% for the category leader, Alerian MLP ETF (AMLP) and -1.6% for its benchmark, E-TRACS Alerian MLP Infrastructure Index (MLPI).

KENYA SET TO INTRODUCE ETFS TO STRENGTHEN MARKET DIVERSITY
Apr. 24, 2015 - CNBC -  Kenya is set to introduce Exchange Traded Funds (ETFs] in an effort to broaden products available in the Kenyan market.

Fund Fees Plunge! Thanks to You
Apr. 24, 2015 - Bloomberg -  Fund expenses are coming down, but don’t thank the financial services industry—pat yourself on the back. The fees are dropping, a new report says, because more investors are choosing low-cost funds, not because an industry with assets at an all-time high is passing along the benefits of its huge economies of scale.

To Hedge Or Not To Hedge
Apr. 23, 2015 - seekingalpha.com -  Summary

The arguments against unhedged ETFs are weak and often false, like “the companies hedge their currency exposure already”.
European companies are perhaps hedging their business exposure but they are not certainty hedging your personal investment in their stock.
Bond market participants have long figured this out.

Factbox: Nasdaq's 'Cubes' ETF reaps Nasdaq's big run
Apr. 23, 2015 - Thomson Reuters -  The Nasdaq's alter ego, the PowerShares QQQ fund, has been the go-to exchange-traded fund for individual investors, pension funds, foreign insurers, sovereign wealth funds, and just about anyone else who has ever had the desire to tap technology sector growth for a quick trade or a long hold.

How to Trade U.S. Treasury Yields, Gold, Oil, the Euro Using ETFs
Apr. 22, 2015 - The Street -  Investors seeking the safety of the U.S. Treasury market should consider the 20+ Year Treasury Bond ETF (TLT).

Treat Turbo-Charged China ETF With Great Care
Apr. 21, 2015 - Barron's -  What happens if you strap a rocket booster to the back of a dragon?

Late to the China Rally, Some Investors See Hong Kong as Way In
Apr. 21, 2015 - Bloomberg -  What’s more appealing to global money managers than tapping into China’s world-beating stock rally? Doing it on the cheap.

China ETFs Plunge in New York on Measures to Curb Margin Trading
Apr. 17, 2015 - Bloomberg -  The largest U.S. exchange-traded funds tracking Chinese stocks sank on concern the nation’s equity markets will retreat after posting world-beating rallies as policy makers take measures to slow gains.

Actively Managed ETFs Grow Quickly But Face Hurdles
Apr. 17, 2015 - Investor's Business Daily -  Actively managed exchange traded funds are a small but fast-growing segment of the approximately $2 trillion ETF industry. But regulatory hurdles threaten to stunt their growth.

PowerShares Fundamental Pure Small Value Portfolio ETF Could Be Used For Small Cap Value Exposure Or An Opportunity To Make A Market
Apr. 17, 2015 - seekingalpha.com -  Summary

PXSV has better liquidity than it appears at first glance, but it still really low.
The correlation is moderate, but the poor liquidity could be a factor.
The diversification within the ETF is excellent. Even though the expense ratio is a little high for my taste, it is justified by the diversification and turnover.

BlackRock Says Assets Grew 8% in Quarter
Apr. 16, 2015 - The New York Times -  As regulators in Washington warn of the risks that large asset management companies may pose to the markets, BlackRock, the largest of them all, continues to rake in heavy investment flows.

My Top Income Pick For 2015 Yields Over 8% And Trades At A 12% Discount
Apr. 16, 2015 - seekingalpha.com -  Summary

Interest rates have been dropping in Europe, the U.S., and many other parts of the world which means high yield bonds look increasingly attractive.
While many investors use well-known ETF's to invest in high yield bonds, there are other options that offer much higher returns.
Junk bonds are experiencing a significant rally, but there are still some bargains in the closed end funds worth buying now.
A Credit Suisse closed end fund offers a monthly payout, an 8.2% yield and it trades at a 12% discount to net asset value.

Gold Funds Compared By Efficiency, Physical Redemption And Audit Policy
Apr. 16, 2015 - seekingalpha.com -  Summary

Different gold funds have different advantages depending on whether you are a long-term investor or short-term trader.
Three of the biggest gold funds by assets are broken down in terms of decay rates (expenses per ounce held), redemption policy, and auditing procedure.
GLD is the best choice for short term traders but has a high decay rate, IAU for long-term holders, and PHYS has the best redemption and auditing policies.
Still, no gold fund yet caters to the market of the 25% of "crazies" according to Kitco that believe in eventual implosion of the fiat monetary system.

This Overlooked, Undervalued Territory Is In A Stealth Bull Market, Says Jefferies
Apr. 16, 2015 - Forbes -  Jefferies — which hailed as Business Insider’s No. 1 stock picker on Wall Street in 2012 — is bullish on investing in Taiwan’s stock market. Companies in Taiwan ETFs are trading at cheap valuations compared to foreign developed and emerging markets. Against this backdrop, consumer spending is growing at a rapid clip thanks to falling energy prices and a strong labor market.

Newsflash for Bond ETF Buyers: Junk Traders Don’t Work for Free
Apr. 09, 2015 - Bloomberg -  

There usually isn’t free lunch in markets.

This may be a painful lesson learned by the hordes who’ve funneled into debt mutual funds and exchange-traded funds since the 2008 financial crisis to get cheap, quick access to less-traded, higher-yielding securities.



Too Early for Energy ETFs?
Apr. 09, 2015 - Barron's -  Is it too early to step in and buy energy stocks at a deep discount?

Investors jump into European stocks hoping for another QE ride
Apr. 07, 2015 - Investment News -  The launch of the Eurozone's quantitative easing program has not been lost on investors who are now pouring money into the European equity markets, as measured by record inflows in March.TrimTabs Investment Research calculated a record $7.8 billion worth of inflows into European-focused equity exchange-traded funds last month, even though some of the funds have suffered from the performance drag caused by a surging U.S. dollar. 

New Breed of Exchange-Traded Product Won’t Be Available for Months
Apr. 07, 2015 - WallStreetJournal -  Investors shouldn’t expect to see NextShares, the new breed of funds from Eaton Vance, until at least the second half of this year.

InfraCap MLP ETF (NYSE: AMZA) Declares Quarterly Dividend
Apr. 06, 2015 - Market Wired -  The InfraCap MLP ETF (NYSE: AMZA) has declared a quarterly dividend of $0.5050 ($2.02 per share on an annualized basis), an increase of 1.0% from the $0.50 rate paid in the first quarter. The dividend will be paid April 16, 2015 to shareholders of record as of the close of business April 9, 2015.

Hottest ETFs are currency hedges, non-US funds
Apr. 06, 2015 - CNBC -  Exchange-traded funds have surged in popularity in 2015, but it's not U.S. equities that are leading the charge.

‘Smart Beta’ Funds Might Outsmart Investors
Apr. 06, 2015 - WallStreetJournal -  “Smart beta” funds are trying to outsmart your active manager. But individual investors who are drawn to them should also make sure they don’t get outsmarted themselves.

Britain launches Europe's first yuan money-market fund
Mar. 25, 2015 - Thomson Reuters -  Britain deepened its financial links with China on Wednesday with the launch of Europe's first yuan-denominated money market fund, which allows investors to get direct exposure to China's interbank lending market.

CEFL And YYY: Are These CEF Alternatives Worth Owning?
Mar. 25, 2015 - seekingalpha.com -  Summary

YYY and CEFL track the ISE High Income Index.
The index invests in CEFs with high yields, wide discounts, and adequate trading volume.
Although the index sounds good, I'm not sold.

Global X Expands SuperDividend Theme In REIT And Emerging Markets
Mar. 25, 2015 - seekingalpha.com -  The year 2015 is shaping up as a great one for income strategies, especially on the global level, with low interest rate policies prevailing in most developed nations. The European Central Bank (ECB) has launched a QE program, Japan is continuing with the same and the U.S. still believes that it is not yet time for hiking key rates. All these are luring investors to the high dividend stocks and ETFs.

Tips for Choosing the Right ETF
Mar. 25, 2015 - BlackRock Blog -  Selecting from the many ETFs on the market doesn’t have to be a daunting task. Amy Belew shares how it can be easy and rewarding.

Pluses and pitfalls in the ETF revolution
Mar. 24, 2015 - Financial Times -  Exchange traded funds are the phenomenon of the moment. Money is pouring in and ETFs are proliferating. They have transformed how many savers invest their money and the way investment advisers and brokers do business. They have also made a lot of money for stock exchanges, index providers and investment banks — far beyond the sums they generate for the companies whose names appear on the ETFs investors buy.

Easy Steps For Building A Bond Ladder
Mar. 22, 2015 - seekingalpha.com -  There's a rule of thumb that says retirees should invest the majority of their portfolios in bonds. Matt Tucker explains why bonds are just the beginning, and shares tips for building a bond ladder.

John Bogle’s stance on ETFs branded ‘utter nonsense’
Mar. 22, 2015 - Financial Times -  John “Jack” Bogle’s attack last week on exchange traded funds has provoked anger among providers of the product. They have called the veteran investor’s criticisms of the rapidly expanding investment market “confused”, “misplaced” and “self-serving”.

Investors Embrace ETFs That Hedge Against a Strong Dollar
Mar. 20, 2015 - WallStreetJournal -  As the dollar has risen, investors have pumped billions into foreign-stock funds that shelter their returns from currency swings

BATS aims to be No. 1 in U.S. ETF listings within 3-5 years
Mar. 20, 2015 - Thomson Reuters -  BATS Global Markets plans to aggressively expand its listings business for exchange-traded funds, with the goal of being the No. 1 ETF listing venue within three to five years, the head of the exchange operator's U.S. markets said on Friday.

‘Whopper’ Options Bet Against VIX ETF
Mar. 20, 2015 - Barron's -  One trader just set up a $50 million wager against the market’s “fear gauge.”

The largest single trade in the options market on Friday is a “whopper” of a bet that an exchange-traded fund linked to the CBOE Volatility Index will fall sharply over the next two years.

ETFs pour into top US oil contract
Mar. 20, 2015 - Financial Times -  Almost a third of the most active US oil futures contract is now controlled by exchange traded funds, turning smaller investors into a muscular force on global commodities markets.

Dollar, ‘Currency-Hedged’ Europe ETFs Sink on FOMC
Mar. 18, 2015 - Barron's -  About the only assets that didn’t rally after the Federal Reserve’s policy statement were King Dollar and this year’s heretofore hottest style of exchange-traded fund: currency-hedged ETFs tied to Europe.

BlackRock’s New Breed of Exchange-Traded Bond Fund Prizes Stability Over Swagger
Mar. 18, 2015 - The New York Times -  You will not see Scott Radell on CNBC. Nor does he inhabit a jaw-dropping mansion.

While he may not live the life of a swaggering bond market pro, Mr. Radell, a bond manager at the fund giant BlackRock, is challenging a strategy that has rewarded some of his flashier peers: the pursuit of high-risk, high-return investments.

Five Reasons To Invest In India
Mar. 17, 2015 - seekingalpha.com -  Summary

Since the May 2014 election of Prime Minister Narendra Modi, India has outperformed other emerging markets in response to a strong reform agenda1.
Reasons investors should consider India include reforms, GDP growth, fiscal discipline, earnings growth and favorable valuations.
Investors considering equity allocations to India should keep in mind potential growth in the consumer, infrastructure, and economically sensitive companies, such as small cap companies.

Traders Rush into VIX ETFs Ahead of FOMC Meeting
Mar. 17, 2015 - Barron's -  Traders have beefed up their positions in volatility-related exchange-traded funds and notes to the most since 2012, wagering on a higher “fear gauge” ahead of this week’s meeting of central bank policymakers.

Investors Grow Wary of High-Yield, Junk Bond ETFs
Mar. 16, 2015 - ETF Trends -  After staging a decent rally this year, high-yield speculative-grade bond exchange traded funds are now experiencing large withdrawals.

Ride Out Volatility with Value Stock ETFs
Mar. 15, 2015 - ETF Trends -  With volatility on the rise, investors are looking for more solid plays, such as value-oriented exchange traded funds that tend to be less risky than growth stocks.

Changes Coming for IPO ETFs
Mar. 14, 2015 - ETF Trends -  The Renaissance IPO ETF (NYSEArca: IPO) will part ways with nine of its current holdings while welcoming three additions when the exchange traded fund undergoes its quarterly rebalancing later this month.

2 Low-Risk ETFs To Watch As Global Market Totters
Mar. 13, 2015 - seekingalpha.com -  Although the U.S. markets are still near their all-time highs, several cracks appear in the global growth story. Stocks have experienced some uncertainty of late, and volatility has resurfaced as a concern. The market continues to focus on the rate-rising speculation in the U.S., deflationary worries in Europe, and a stronger U.S. dollar.

Principal Financial Signals ETF Entry With Kim Hire
Mar. 11, 2015 - ETF Trends -  Principal Financial Group’s (NYSE: PFG) Principal Global Investors signaled its intent to join the rapidly-growing exchange traded funds industry with the recent hiring of Paul Kim as managing director and head of ETF strategy.

NYSE Trims Red Tape Behind Active ETF Listings
Mar. 10, 2015 - ETF Trends -  Money managers could bring their strategies to market more quickly through an active exchange traded fund as the New York Stock Exchange’s Arca proposes a rule change on how funds are listed.

Fidelity tech fund trounces all rivals without holding Apple
Mar. 10, 2015 - Thomson Reuters -  The best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc (AAPL.O), whose soaring stock price has pushed the Nasdaq near a new record high.

Vanguard to Make It Easier to Invest in Munis
Mar. 09, 2015 - WallStreetJournal -  The municipal-bond market isn’t always the easiest to navigate. But the simple, cheap choice of investing in muni bonds through ETFs is about to get a boost.

Big Options Bet Sees Oil ETF Rangebound into 2017
Mar. 05, 2015 - Barron's -  As traders grapple with when to call the bottom on oil prices, one large options trade on Thursday suggests somebody is convinced that oil will stick within a stable range for nearly two years.

Volatility draws billions into oil funds
Mar. 05, 2015 - Thomson Reuters -  Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards.

Nasdaq Challenges NYSE in Exchange-Traded Notes
Mar. 05, 2015 - Bloomberg -  The Nasdaq OMX Group Inc. is making a push to grab more exchange-traded note listings, challenging long-time market leader NYSE Arca for what can be lucrative listing and trading fees.

Gundlach’s DoubleLine Launches First ETF
Mar. 04, 2015 - Wall Street Daily -  Pacific Investment Management Co. (PIMCO) is facing an investor confidence crisis.

The storied bond firm experienced over $150 billion of mutual fund outflows in 2014. And PIMCO’s flagship Total Return Fund is now 54% smaller than it was at its peak in April 2013, when assets under management (AUM) reached $293 billion.

A man with an oil bottom bet made for income investors
Mar. 04, 2015 - CNBC -  Amidst the worst crash in oil prices since the 1980s, with oil companies cutting capital spending budgets, Bayard Closser had an idea: Try to sell investors on a new fund focused on master limited partnerships in the energy business.

Institutions Pour Cash Into Bond ETFs
Mar. 01, 2015 - WallStreetJournal -  Institutions are piling into exchange-traded bond funds at the fastest pace on record, driven by forces reshaping the increasingly illiquid corporate-debt market and their desire to stay nimble ahead of expected interest-rate moves.

5 Reasons To Consider Buying AMZA
Feb. 26, 2015 - seekingalpha.com -  

Summary

  • AMZA is the first actively-managed C-corporation MLP ETF and was issued in October 2014.
  • The fund made its first distribution in January 2015, and at $0.50 would project to amount to a roughly 9% annual yield.
  • I provide five reasons to consider buying this fund, ultimately relying on the skill of the fund's manager.


PowerShares Reopens Creations for 11 ETFs
Feb. 26, 2015 - Barron's -  Fund company PowerShares reopened creation unit activity in 11 exchange-traded funds following a one-day suspension that unmoored at least one ETF from the value of its assets.

Active Indexing: Being 'Passive-Aggressive' With ETFs
Feb. 25, 2015 - seekingalpha.com -  Summary

The wide use of ETFs doesn't necessarily mean a commitment to indexing.
Some investors use ETFs to try to outperform the market.
Vanguard shares the research and explains the risks.

ProShares' Interest Rate Hedged HYHG Is An ETF Investors Should Consider
Feb. 24, 2015 - seekingalpha.com -  Summary

HYHG is duration neutral and has zero exposure to rising rates.
This makes it an excellent addition to a broader strategy in that it can take down overall interest rate risk within a portfolio.
Although it's been a longtime loser for investors, I think HYHG will be a strong performer over the next several years.

Hedge Funds Get Quick Fix in Credit With Hutchin Hill Buying ETF
Feb. 24, 2015 - Bloomberg -  More and more, exchange-traded funds that invest in corporate debt are a playground for hedge funds.

I'm 'married' to US stocks: Fund manager
Feb. 24, 2015 - CNBC -  The manager of an ETF-heavy fund is sticking to U.S. stocks as major indexes trade near records.

Gundlach's DoubleLine debuts its first actively managed bond ETF
Feb. 24, 2015 - Thomson Reuters -  Jeffrey Gundlach's DoubleLine Capital launched on Tuesday its first actively managed exchange-traded fund, the SPDR DoubleLine Total Return Tactical ETF, contending with the Pimco Total Return Active Exchange-Traded Fund which was previously run by Bill Gross.

This Hedge Fund ETF Beats the Pros at Their Own Game
Feb. 20, 2015 - Bloomberg -  In trying to capitalize on the news of mergers and acquisitions, hedge funds are being outdone by an exchange-traded fund clone.

Digging Into The New InfraCap MLP ETF: Notes On My Conversation With Fund Management
Feb. 11, 2015 - seekingalpha.com -  Summary

I was invited to interview the portfolio management of the newest, actively managed, MLP-focused ETF, trading under the symbol AMZA.
My concern with the new fund was the level of visibility provided about fund holdings, compared to a traditional ETF, which must match a specified index.
AMZA provides a new, enhanced packaged fund product for investors who want MLP exposure. The active management strategies should provide meaningful and measurable improvements on traditional MLP ETFs.

When ETFs Beat Index Funds
Feb. 06, 2015 - Forbes -  It’s a bit of inside baseball in the money management world, but some advisors lean toward using index funds for their clients and some prefer exchange-traded funds (ETFs).

Fitch's Inside Credit: What Issue Size Means for Bond Trading Frequency
Feb. 06, 2015 - Thomson Reuters -  The latest edition of Inside Credit features Fitch Ratings' study of corporate bond issue size and trading frequency. A sample study of five major U.S. corporate bond exchange-traded funds (ETFs) underlying holdings shows that investment-grade corporate bond issues under $500 million trade significantly less frequently than larger issue bonds. 'The matter has specific importance for ETFs because they trade continuously, while the underlying bonds supporting the ETFs' prices do not. 

Fidelity Adds Real Estate to Suite of Passive ETFs
Feb. 05, 2015 - Barron's -  Fidelity Investments added real estate to its ultra-cheap corral of passive exchange-traded funds on Thursday, the first bolt-on to its sector-based offerings since they were launched over a year ago.

Vanguard's FTSE Europe ETF: A Surprisingly Volatile Play On Europe
Feb. 02, 2015 - seekingalpha.com -  Summary

The ETF has a relatively attractive level of correlation to SPY, but I expected lower for another continent.
The liquidity is excellent but ETF is so volatile that the high correlation makes it hard to diversify the risk away.

Winklevoss twins: Bitcoin will explode beyond $1 trillion
Jan. 27, 2015 - cnn -  There's a trillion reasons why the Winklevoss twins are in love with Bitcoin.

Why Two Big ETFs Are Shrinking
Jan. 24, 2015 - Barron's -  Two of the oldest and largest ETFs were the biggest losers in terms of outflows. But it’s not about performance -- why the PowerShares QQQ and the iShares MSCI Emerging Markets funds might go the way of the dodo.

Gain Exposure To U.S. Infrastructure Boom With GII
Jan. 22, 2015 - seekingalpha.com -  Summary

Poor American infrastructure has an overall Grade of D+ by American Society of Civil Engineers.
Congested roads alone cost America $101 billion in fuel and wasted time in 2010 and last major infrastructure work was in 1956 by President Eisenhower.

InfraCap MLP ETF: Can An Actively Managed ETF Add Value To The Alerian MLP Index?
Jan. 22, 2015 - seekingalpha.com -  Summary

The InfraCap MLP ETF is one of the new, actively managed ETFs, bringing return-enhancement strategies to the ETF space.
MLP-focused funds face additional tax hurdles not faced by ETFs in other market sectors. The InfraCap fund strategies may help overcome those hurdles.

Fair Value Of Oil Lies In The $60 To $80 Range
Jan. 20, 2015 - Forbes -  Jay Hatfield: In our approach to investing, we’re focused on master limited partnerships, and our ETF, InfraCap MLP ETF (NYSE: AMZA), focuses on the largest, most liquid, midstream MLPs in the United States. We focus on midstream MLPs which typically own and operate pipelines and storage facilities rather than upstream MLPs which own and operate commodity producing wells.

How The Father Of ETFs Thinks You Should Invest Now (And For The Next 30 Years)
Jan. 14, 2015 - Forbes -  Ask Lee Kranefuss for a stock pick and he will begin by telling you that 90% of the variance in investors’ returns comes from asset allocation rather than security selection.

BlackRock Launches U.S. Real Estate ETF
Jan. 13, 2015 - WallStreetJournal -  BlackRock Inc., the world’s largest asset manager, announced Tuesday the launch of a new exchange-traded fund designed to mimic investment in physical U.S. real estate and help feed the growing appetite for property.

Why Bespoke ETFs Don’t Suit Every Investor
Jan. 10, 2015 - Barron's -  Exchange-traded-fund providers are taking on the role of Savile Row clothiers, tailoring ETFs to the unique specifications of large clients. That’s great news for the parties involved in the transaction, but when retail investors try on the same ETF, they can end up looking like they’re wearing dad’s old suit.

ETFs To Hideout In While New Trends Take Shape
Jan. 08, 2015 - seekingalpha.com -  Summary

Uncertainty in the markets can be a scary thing and often prompt ill-timed moves that set your portfolio back from achieving your goals.
The unknown is how long will it take for new opportunities to develop and where the most rewarding setups may ultimately materialize.

Hedge Fund ETFs Outperform Hedge Funds
Jan. 02, 2015 - Barron's -  In most circles, a poor copy is considered more gauche than a good one, scorned as much for its transparency and lack of skill as its lack of originality. Yet for the exchange-traded funds that try to mimic hedge-fund strategies, imperfect imitation led to outperformance in 2014.

Are Rate-Sensitive ETFs Suggesting Economic Weakness Ahead?
Dec. 29, 2014 - seekingalpha.com -  Summary

I am baffled by the economic acceleration certainty that nearly every respected voice has endorsed.
In spite of the rosiest government data on jobs and GDP, which ETF asset classes proved most resilient in a month of volatile price movement? Utilities and REITs.

ETFs Could Have a Big Year in 2015
Dec. 27, 2014 - Barron's -  The exchange-traded fund industry heads into the New year having notched a fresh milestone: $2 trillion in assets under management, achieved just last week. This caps asset growth of 18% in 2014.

While the most complex and quirky ETFs tend to garner disproportionate attention in a field of nearly 1,700 funds, it is the low-cost, tax-efficient bread-and-butter ETFs that are fueling the industry’s growth.

The Various Flavors Of Long/Short Equity Funds
Dec. 23, 2014 - seekingalpha.com -  Summary

History seems to favor long/short strategies.
Just take a look at the 20-year track record of long/short hedge funds.
Cumulatively, long/short plays have bettered the S&P benchmark by 62 percent with a third less volatility.

FT: New York Fed Probes ETF Pricing Mechanics
Dec. 22, 2014 - Barron's -  The pricing mechanism for exchange-traded funds is garnering attention from regulators at the Federal Reserve Bank of New York, according to the Financial Times.

Emerging Market ETFs Look Cheap
Dec. 20, 2014 - seekingalpha.com -  Summary

U.S. equities look fairly priced, if not overvalued, as the bull rally continues.
Investors who want to find cheap investment opportunities should look at the emerging markets.

Goldman Sachs Outlines Plans for Nearly a Dozen ETFs
Dec. 15, 2014 - Barron's -  Goldman Sachs Group (GS) filed with regulators on Friday for nearly a dozen exchange-traded funds, the latest step for the bank’s asset-management arm to enter the $2 trillion U.S. ETF market.

Amid Crisis, Pimco Steadies Itself
Dec. 15, 2014 - WallStreetJournal -  At Pacific Investment Management Co.’s holiday party at the Hyatt Regency Huntington Beach Resort and Spa on Dec. 6, more than 1,000 employees and their spouses admired the Pacific Ocean and mingled between stops at appetizer stations.

Niche ETFs Come With Surprising Tax Bills
Dec. 13, 2014 - Barron's -  Tax efficiency is a much-touted virtue of exchange-traded funds, a distinguishing trait that gives ETFs an edge over traditional mutual funds. But 2014 has ushered in a handful of noteworthy reminders that the tax advantages ETFs boast aren’t shared universally. Investors in some popular international ETFs in particular might be surprised this year to receive heftier capital gains than in previous years.

Investigating F-Squared: A Timeline
Nov. 14, 2014 - Barron's -  After more than a year of scrutiny by regulators, Howard Present, the head of F-Squared Investments, among the fastest-growing users of exchange-traded funds, stepped aside on Friday.

Incorporating ETF Managed Portfolios into Your Advisory Business
Nov. 13, 2014 - ETF Trends -  Exchange traded managed portfolios are growing in the separate accounts space as financial advisors partner with ETF strategists to create customized asset allocation tools and optimize their advisory firms.

Van Eck Introduces First Onshore China Bond ETF
Nov. 12, 2014 - seekingalpha.com -  Summary

The first U.S.-listed ETF that provides exposure to China's onshore bond market.
A closer look at the Market Vectors ChinaAMC China Bond ETF.
The new bond ETF helps investors round out their China exposure, coupled with the recently launched China A-shares equity ETFs.

Spotlight on ‘A-Share’ ETFs as Exchange Link Nears
Nov. 11, 2014 - Barron's -  A program to connect stock exchanges in mainland China with Hong Kong, slated to start next week, is shining a spotlight on handful of exchange-traded funds that navigate the country’s tightly controlled domestic market.

Inside The New Vident Core U.S. Bond Strategy ETF
Nov. 11, 2014 - seekingalpha.com -  The bond ETF space and the likely rise in short-term interest rates next year have become hot topics of discussion in the U.S. market. Investors are busy analyzing what type of duration and investment grade bonds should be the best pick at present especially given faltering global growth, strengthening of the U.S. economy, Fed outlook and Ebola concerns (read: 3 Overlooked BondETFs Holding Up in The Market Slump).

U.S. SEC denies BATS request to list 'non-transparent' ETFs
Nov. 10, 2014 - Thomson Reuters -  U.S. regulators rejected a proposal from BATS Global Markets that would allow it to list and trade actively managed exchange-traded funds that do not have to disclose their holdings on a daily basis.

SPDR S&P Emerging Markets Dividend ETF: Fat Yield, Short Life
Nov. 10, 2014 - seekingalpha.com -  Summary

EDIV has a 5.35% yield.
EDIV currently falls in the value section of Morningstar's Style Box, but has less exposure to the cheapest sectors and markets than DEM.

Saudi Arabia’s Surprise Move Spurs Quirk for U.S. Oil Futures
Nov. 04, 2014 - WallStreetJournal -  Saudi Arabia’s surprise move to cut U.S. oil prices raised fears the market would be inundated with crude. By one closely watched measure, the glut’s already here.

ARK Investment Adds Genomics And Innovation ETFs
Nov. 04, 2014 - seekingalpha.com -  Summary

Ark Investment Management recently launched an actively managed Genomic ETF.

ETPs struggle in low volatility
Nov. 03, 2014 - Financial Times -  Volatility in foreign exchange markets has been muted for much of this year and exchange traded funds and products that provide exposure to currency fluctuations have struggled to win investors’ attention.

SEC to Keep Veil Open on ETFs
Oct. 24, 2014 - WallStreetJournal -  The asset-management industry suffered a setback when regulators rejected a proposal by BlackRock Inc. to launch an exchange-traded fund that would have kept its holdings hidden from investors.

Fund star Gross arrives too late to halt third-quarter Janus outflows
Oct. 23, 2014 - Thomson Reuters -  (Reuters) - Janus Capital Group Inc said on Thursday that third-quarter profit rose 25 percent, but the mutual fund company posted more outflows of investor cash as the arrival of star bond manager Bill Gross came too late to reverse the trend.

IMF Finds Flaw in Bond Industry as Exiting Mutual Funds Is Too Easy
Oct. 22, 2014 - Bloomberg -  Investment firms made it easy for individuals to plow into infrequently-traded debt in good times. Perhaps they should make it tougher to exit in downturns.

Is The SPDR Gold Trust ETF On The Road To Recovery?
Oct. 16, 2014 - seekingalpha.com -  

Summary

  • The recent fall in U.S. equities provided some back-wind for GLD.

  • GLD bounced back in the past few days.

  • The progress of U.S. dollar is likely to impact the direction of GLD.


PIMCO Strategic Income Fund Is A Bet For The Short Term
Oct. 16, 2014 - seekingalpha.com -  

Summary

  • Rates will stay low for the next 6-12 months.
  • PIMCO Strategic Income Fund has an attractive yield.
  • Bonds with short-term maturity rates will benefit.


A New MLP ETF Enters The Marketplace But This One Comes With A Twist
Oct. 16, 2014 - seekingalpha.com -  

Summary

  • The InfraCap MLP ETF is the first actively managed ETF of its kind that offers pure MLP exposure.
  • The fund seeks an annualized distribution yield of 8% at an expense ratio below the category average.
  • The high yield/lower cost combination along with the manager's investing flexibility and the ability to invest in both GPs and LPs makes this an interesting play in the MLP space.


True Fund Costs: Consumer Staples Sector
Oct. 13, 2014 - seekingalpha.com -  

Summary

  • A breakdown of the true costs of ETFs and mutual funds in the Consumer Staples sector.
  • Expense ratios usually understate the true costs of being in a given ETF or mutual fund.
  • Our Total Annual costs rating accounts for all the costs borne by investors, including transaction costs and many other fees.


Technology ETF: No. 3 Select Sector SPDR Over 2014's First 9 Months
Oct. 12, 2014 - seekingalpha.com -  

Summary

  • The Technology exchange-traded fund ranked third by returns among the nine Select Sector SPDRs during the first three quarters of 2014.
  • The ETF ranked fifth by the same metric among the sector SPDRs over the first half of this year.
  • Seasonality analysis indicates the ETF’s fourth quarter is its strongest of the year. But I doubt it will be in 2014.


Going through the back door for M&A deal profits
Oct. 03, 2014 - CNBC -  Mergers and acquisitions are hot. Corporations flush with cash may not be hiring hordes of workers, but they aren't just buying back shares or increasing dividends, either.

Investors Fleeing Pimco Park Money in Bond ETFs—For Now, At Least
Oct. 01, 2014 - WallStreetJournal -  

Bill Gross’ abrupt departure from Pacific Investment Management Co. is turning into a bonanza for index-tracking exchange traded bond funds.

Plain-vanilla bond ETFs, such as the $18.9 billion iShares Core U.S. Aggregate Bond ETF, have seen money pour in the door from investors looking for at least a temporary parking place as they pull money out of Mr. Gross’s Pimco funds.



Billions Fly Out the Door at Pimco
Sep. 28, 2014 - WallStreetJournal -  Pacific Investment Management Co. suffered roughly $10 billion of withdrawals following the Friday departure of co-founder Bill Gross, a person familiar with the matter said, a sign of how quickly Mr. Gross's surprise move is reshaping the bond-investing landscape.

Pimco ETF Draws Probe by SEC
Sep. 23, 2014 - WallStreetJournal -  The Securities and Exchange Commission is investigating whether bond giant Pacific Investment Management Co. artificially boosted the returns of a popular fund aimed at small investors, according to people familiar with the matter, the latest challenge for the firm run by investor Bill Gross.

Bonds are great—in emerging markets
Sep. 21, 2014 - CNBC -  With interest rates poised to rise, many U.S. investors are wary of bonds. But instead of pulling out, experts are urging people to look at relatively attractive fixed income products abroad, particularly in emerging markets.

ETF Ideas for Banks in a Rising-Rate Environment
Sep. 21, 2014 - WallStreetJournal -  Are there attractive exchange-traded funds covering banking that might perform well in a rising-interest-rate environment? Should I sell bank shares now ahead of rising rates?

VIETNAM PRESS-First local exchange-traded fund gets license - Vietnam Economic Time
Sep. 21, 2014 - Thomson Reuters -  The VFMVN30 exchange-traded-fund, managed by VietFund Management, has secured a licence from the State Securities Commission, becoming the country's first domestic ETF to be operational, the Vietnam Economic Times newspaper reports.

Time to Sell Some of Your Small-Cap Exchange-Traded Funds
Sep. 20, 2014 - The Street -  NEW YORK (ETF Expert) -- The Wall Street media may celebrate the intra-day jump in Alibaba shares amd the record highs in the Dow and the S&P 500 but they are missing the boat on the economy and key stock market divergences.

How to Hedge Currency Risk
Sep. 13, 2014 - Barron's -  Sometimes the best lessons are painful ones. For instance, how many investors knew when they bought the iShares MSCI Japan exchange-traded fund on Sept. 26, 2012, they were really making two bets -- one on Japan's stock market and another on the yen? If they didn't then, they should now. Since that day of Japanese Prime Minister Shinzo Abe's election, the iShares ETF has gained only 26.8%, while another that hedges out its currency exposure -- the WisdomTree Japan Hedged Equity ETF -- has gained 58.2%.

ETF Stats For July 2014 - 4 New Players Join The Game
Aug. 19, 2014 - seekingalpha.com -  Sponsors launched fourteen ETFs and three ETNs in July, bringing the new introduction count to 118 so far this year. Closure activity has been minimal, with no closures in July and just 24 for the year-to-date period. The seventeen product introductions put the month-end listing count at 1,630 (consisting of 1,422 ETFs and 208 ETNs). Three of the new funds are actively managed ETFs, bringing their count to 92. Product counts aren't the only thing increasing, as four new firms joined the ranks of sponsors and issuers.

Do Low Volatility ETFs Deliver 'The Goods'?
Aug. 19, 2014 - seekingalpha.com -  Summary

On a risk-adjusted basis, low volatility ETFs held their own against their higher volatility "parents".
With a few exceptions, low volatility ETFs has lower absolute return than their higher volatility "parents".
Choosing low volatility funds across different asset classes generally increases portfolio diversification.

Change of the ETF guard in US
Aug. 19, 2014 - Financial Times -  Institutions have grown their lead over the retail sector as the largest group of investors in US-listed ETFs. Assets invested in US products increased by a little more than 26% from $1.34 trillion, to reach a record $1.7 trillion at the end of last year.

BOJ Steps Up ETF Purchases as Shares Slump
Aug. 15, 2014 - WallStreetJournal -  TOKYO—As Tokyo shares fall back from their recent highs, the Bank of Japan has been significantly stepping up its purchases of domestic exchange traded funds.

Global X Funds Announces Index And Name Changes For Two ETFs
Aug. 15, 2014 - WallStreetJournal -  NEW YORK, Aug. 14, 2014 /PRNewswire/ -- Global X Funds, the New York-based provider of exchange-traded funds (ETFs), announced that after the close of trading tomorrow the Global X FTSE Argentina 20 ETF (NYSE Arca: ARGT) and the Global X Nigeria Index ETF (NYSE Arca: NGE) will begin tracking MSCI Indexes. ARGT, with $35m(1) in assets under management, will be renamed the Global X MSCI Argentina ETF and track the MSCI All Argentina 25/50 Index. NGE, with $20m(1) in assets, will become the Global X MSCI Nigeria ETF and track the MSCI All Nigeria Select 25/50 Index. Information regarding the MSCI All Argentina 25/50 Index and the MSCI All Nigeria Select 25/50 Index may be viewed at www.MSCI.com

China's fourth gold ETF raises about $50 mln
Aug. 15, 2014 - Thomson Reuters -  Aug 14 (Reuters) - Bosera Funds has raised $50 million for China's fourth gold backed exchange-traded fund that it aims to launch soon, at a time when investment demand for the precious metal has been sluggish in the world's biggest bullion consumer.

Our Best-And Worst-Performing Equity Funds This Year
Aug. 15, 2014 - seekingalpha.com -  As of June 30, 2014, WisdomTree had 49 equity exchange-traded funds (ETFs), and 42 of those were incepted prior to December 31, 2013. We thought it worthwhile to showcase, out of these 42 equity ETFs, the top five and bottom five performers of 2014, measured through June 30, 2014, to see what distinct themes about global equity performance would emerge.

Investing Like A Billionaire With The iBillionaire ETF
Aug. 14, 2014 - seekingalpha.com -  Investing like a billionaire is about to get a whole lot easier. On August 1, the Direxion iBillionaire Index ETF (NYSEARCA:IBLN) began trading.

The ETF-based on iBillionaire's proprietary index-runs a portfolio of 30 of the large-cap S&P 500 stocks most favored by billionaire investors based on their most recent 13F filings with the SEC.

A New ETF That Is Like The VIX For High Yield Bonds
Aug. 14, 2014 - seekingalpha.com -  Summary

A recent ETF launch by ProShares gives investors the option to hedge a high yield bond position using Credit Default Swaps.
WYDE is unlike inverse bond ETFs because it does not have the problem of compounding daily, and WYDE is expected to pay a quarterly dividend as well.
Since WYDE was just launched last week, investors should wait and see how the ETF trades and if it gains traction.

4 Countries To Focus On In August
Aug. 14, 2014 - seekingalpha.com -  Summary

Countries with the strongest fundamental profiles are continuing to outperform the rest of the market.
Extra caution needs to be used when investing in developed Europe.
South Korea and Brazil are our two fastest rising countries.
Italy and Peru are falling in our rankings.

Danger Zone: Small-Cap Blend Investors
Aug. 14, 2014 - seekingalpha.com -  Summary

I continue to believe that small caps are overvalued compared to large caps.
Small Cap Blend investors land in the Danger Zone due to their allocation to the worst ETFs in the style.
There is still value to be found in Small Cap Blend stocks and funds, but it takes diligence.

Emerging Market ETFs Ascend A Great Wall Of Worry
Aug. 12, 2014 - seekingalpha.com -  Summary

Neither the current set of circumstances in the U.S., nor the world at large, suggest genuine economic improvement.
Poor performing commodities and European woes are more directly tied to economic contraction concerns across the globe.
On the other hand, there is one clear-cut case where investors are looking beyond worries and embracing possibilities: emerging markets.

DoubleLine's Gundlach: Short homebuilder ETFs now
Aug. 12, 2014 - CNBC -  Home ownership rates in the United States will likely fall to levels last seen in the 1980s as baby boomers retire and millennials wait longer to form households, the manager of the DoubleLine Total Return fund said Friday, recommending that investors short exchange-traded funds focused on homebuilding companies.

Macro Factors Appear To Favor Value
Aug. 12, 2014 - seekingalpha.com -  Summary

I believe the market could favor value over growth in the coming months, due to corporate actions, geopolitics, valuations and more.
Currently, investors’ money is flowing toward value.
Large-cap value in particular appears to offer good opportunity, in my opinion, given current valuations.

Income Investing Evolves, Volatility Doesn't
Aug. 08, 2014 - seekingalpha.com -  Summary

Earlier this week I stumbled across an article at Seeking Alpha about an actively managed income portfolio.
Notice I am not saying fixed income portfolio but income portfolio.
The extent to which some income vehicles tend to look like equities is something that can change.

Investors Losing Love For Junk Bond ETFs
Aug. 07, 2014 - ETF.com -  July was a tough month for high-yield or “junk” bond ETFs. They faced massive asset outflows, as investors trimmed their exposure to risky assets amid global uncertainties and an outlook for higher rates ahead in the U.S. While August has brought some recovery—at least in terms of performance—many expect investor sentiment toward junk debt to remain in a wait-and-see mode for now.

6 ETFs To Play China’s Hot Stock Market
Aug. 07, 2014 - ETF.com -  China, the world’s second-largest economy, is rebounding from a slowdown earlier in the year, making ETFs that give investors direct access to the mainland China securities, dubbed “A-shares,” attractive investment options.

Wraps finally off Eaton Vance’s active ETF innovation
Aug. 06, 2014 - Financial Times -  Eaton Vance has laid out a suite of products it plans to launch using its patented exchange traded managed fund, or ETMF, structure.

China Looking Bullish, But Not For Long
Aug. 05, 2014 - Forbes -  The market loves a good Chinese stimulus package. It’s finally pushed the FTSE China (FXI) exchange traded fund over $41 for the first time since February 2013. It won’t last for long, according to analyst from PNC Financial in Pittsburgh.

WisdomTree Announces Second Quarter 2014 Results
Aug. 05, 2014 - WallStreetJournal -  NEW YORK, Aug. 1, 2014 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (Nasdaq:WETF), an exchange-traded product ("ETP") sponsor and asset manager, today reported pre-tax income of $20.1 million or $0.15 per share on a fully diluted basis. This compares to $12.2 million in the second quarter of 2013 and $16.5 million in the first quarter of 2014. Included in the quarter was a pre-tax loss of $1.6 million, or $0.01 per diluted EPS, associated with its European listed ETP business which was acquired in April 2014. The Company recorded income tax expense of $9.5 million (however, the Company does not currently pay income taxes because of its net operating loss carryforward) and net income of $10.6 million or $0.08 per diluted EPS in the second quarter.

'Fast Money' Recap: This Is Not the Time to Panic

Aug. 05, 2014 - The Street -  NEW YORK (TheStreet) -- The S&P 500 fell 0.29% on Friday following Thursday's nasty 2% decline.                                                                                                                         

Best And Worst ETFs, Mutual Funds, And Key Holdings: Large Cap Growth Style
Aug. 05, 2014 - seekingalpha.com -  Summary

Lists of the best and worst ETFs and mutual funds in the large cap growth style.
Distribution of all large cap growth style ETFs and mutual funds across our predictive rating scale.
Ratings are based on rigorous analysis of the profitability and valuation of each fund's holdings.
Our rating system is forward-looking and does not rely on past performance.

ETFReplay.com Portfolio For August
Aug. 05, 2014 - seekingalpha.com -  The ETFReplay.com Portfolio holdings have been updated for August 2014. I previously detailed here and here how an investor can use ETFReplay.com to screen for best performing ETFs based on momentum and volatility.

Why ETFs may be the biggest bond worry
Aug. 04, 2014 - CNBC -  Declining credit standards among bond issuers may be worrying analysts, but the papers' buyers, especially exchange traded funds (ETFs), could also pose big market risks if liquidity dries up.

Robot Advice for ETFs
Aug. 03, 2014 - WallStreetJournal -  Need some help building and managing a portfolio of exchange-traded funds but don't want to pay a financial adviser? There are plenty of free online tools at your disposal.

Time to Invest in Emerging-Markets Stock Funds?
Aug. 03, 2014 - WallStreetJournal -  

It has been a frustrating time for emerging-markets investors lately.

First, they had to watch as U.S. stocks went on a tear last year, while emerging-markets stocks headed in the opposite direction. Many investors lost patience; they yanked more than $15 billion from emerging-markets exchange-traded funds in the three months through January of this year, according to the Lipper unit of Thomson Reuters Corp.



These ETFs Track 'Quality' Stock Indexes
Aug. 03, 2014 - WallStreetJournal -  Investing in "quality" stocks has long been a goal of actively managed mutual funds. Now a raft of index-based, exchange-traded funds are on the case.

The first challenge is to define "quality."


Women in ETFs Announces Board of Directors and Leadership Team
Jul. 31, 2014 - Women in ETFs -  
New York and San Francisco, July 31, 2014 – Women in ETFs, the first women’s group for the ETF industry, announced the appointment of the organization’s Board of Directors and leadership team.
Founded in January 2014, Women in ETFs brings together women in the ETF industry in the United States, Canada and Europe to:
  • Connect: create opportunities for professional advancement by expanding connections among women in the ETF industry.
  • Support: offer guidance for the current and next generation of women in ETFs.
  • Inspire: provide forums for education and idea sharing across the industry and beyond.


With A Yield Over 9%, The Credit Suisse High Yield Bond Fund Is A Strong Buy
Jul. 31, 2014 - seekingalpha.com -  

Summary

  • Despite struggles with the recovery in the Eurozone, the United Kingdom is on a more stable footing and represents solid value as an investment.
  • The iShares MSCI United Kingdom ETF is one of the largest region specific ETFs out there and represents the best choice for investment into the United Kingdom.


Leveraged Loan Funds See $413M Cash Outflow
Jul. 24, 2014 - Forbes -  Cash outflows from bank loan funds totaled $413 million for the week ended July 23, according to Lipper. The outflow is down slightly from last week’s $440 million outflow, and it’s essentially all related to mutual fund redemptions, as exchange-traded funds saw an outflow of barely $1 million.

3 High-Yielding MLP ETFs That Carry Below-Average Risk
Jul. 23, 2014 - seekingalpha.com -  

Summary

  • MLP ETFs are growing in popularity, but their structure and interest rate-sensitivity make a lot of them especially risky.
  • Examining the types of partnership, the benchmark index and the portfolio composition helps identify lower-risk investments that can still earn a yield of 5% or more.


First Trust launches Global Risk Managed Income Index ETF
Jul. 23, 2014 - WallStreetJournal -  

New ETF will Invest in a Diverse Set of Liquid, TSX listed ETFs in a Risk Managed Framework

TORONTO, July 23, 2014 /CNW/ - FT Portfolios Canada Co. ("First Trust Canada"), a privately owned company is pleased to announce the launch of the common and advisor class of units of the First Trust Global Risk Managed Income Index ETF (TSX: ETP/ETP.A).



Three Reasons This Is a Good Time to Be an Investor
Jul. 18, 2014 - WallStreetJournal -  

The markets have had a rough ride in the past two decades. But in many ways, investors have never had it so good.

The 1997 Asian currency crisis, the 1998 Russian debt default, the bursting of the tech-stock bubble starting in 2000, the housing-market collapse that began in 2006 and the 2008-2009 financial crisis all rattled the nerves of investors and hurt their portfolios. The stocks in the S&P 500 generated an average return of just 4% annually, including dividends, between Dec. 31, 1999, when markets were booming, and Thursday's close.



The Best-Kept Secret in Retirement Plans
Jul. 18, 2014 - Forbes -  

If there was a way of dramatically boosting returns with little effort on your part, wouldn’t you jump at it?

It’s no secret that by switching from managed mutual funds to passive index exchange-traded funds (ETFs) you could save a fortune on fees. That automatically translates into higher returns.



Four Nuveen Closed-End Funds Announce Intent to Conduct Tender Offers
Jul. 15, 2014 - WallStreetJournal -  TORONTO, July 15, 2014 /CNW/ - Sprott Asset Management LP ("Sprott") is pleased to announce the launch of the Sprott Gold Miners Exchange Traded Fund ("the ETF") on the New York Stock Exchange (NYSE: SGDM). The ETF was created in partnership with ALPS Advisors Inc. ("ALPS") and Zacks Index Services.

ETF Revival: Precious Metal ETFs Return To Favor
Jul. 14, 2014 - seekingalpha.com -  There is a renewed interest in the commodities sector attributed in part to a desire by investors to buy into continued growth in China and, in another part, due to a diversification from other asset classes back into commodities after four years of declining returns.

Dual Momentum ETF Portfolio For July
Jul. 14, 2014 - seekingalpha.com -  Scott's Investments provides a free "Dual ETF Momentum" spreadsheet which was originally created in February 2013. The strategy was inspired by a paper written by Gary Antonacci and available on Optimal Momentum.

Fed Minutes Set To Impact These ETFs
Jul. 08, 2014 - seekingalpha.com -  

Summary

  • This ritual is typically met with an increase in volatility, depending on the wording of the statement and any new policy actions voted on by committee members.
  • With the S&P 500 sitting near all-time highs and within close proximity to the psychologically significant 2,000 level, the stakes continue to mount for the bulls to extend this recent rally.
  • Precious metals investors may be counting on pessimism towards stocks or bonds in the coming months as a catalyst to higher prices.


Momentum ETFs Multiply, but the Investing Style Has Cooled
Jul. 06, 2014 - WallStreetJournal -  

After briefly soaring earlier this year, momentum investing—hitching a ride with the stock market's highfliers—has come down to earth. For the moment at least.

But because markets go in cycles, momentum strategies will rise again. In the interim, it's timely to look at how hot stocks fit into a portfolio, and how to not get burned by them.



Leveraged ETFs Deliver Fewer Surprises in Calm Markets
Jul. 06, 2014 - WallStreetJournal -  The quiet that has enveloped the stock market in recent months has been a boon to a much-criticized corner of the fund world: exchange-traded index funds that use leverage.

Guggenheim Solar ETF Gets a Lift From Securities Lending
Jul. 06, 2014 - WallStreetJournal -  Guggenheim SolarTAN -0.60% an exchange-traded fund that invests in solar-power stocks, has had dramatic swings in performance, including a 64% drop in 2011 and a 128% surge in 2013. It's up 26% so far this year.

Steady Road Takes Its Toll
Jun. 23, 2014 - WallStreetJournal -  

Traders are sticking to a losing bet that a placid stretch for stocks is coming to an end.

The CBOE Volatility Index, or VIX, an options-based measure of expected stock-market swings, last week hit its lowest level since 2007. The Dow Jones Industrial Average has gone 32 months without a 10% decline, the fifth-longest run on record. The S&P 500 hasn't closed up or down 1% in 46 days, the longest stretch since 1995.



The ETF market has become more sophisticated
Jun. 23, 2014 - FTAdviser.com -  The first ETF is widely believed to have been launched in 1993 in the US in the form of the SPDR S&P 500 ETF from State Street. Since then the US market has expanded rapidly to more than 1,500 products and $1.8trn (£1.1trn)assets under management as of May 2014.

Crude Oil Headed for $112 and Should Take Energy ETF Along for Ride
Jun. 20, 2014 - The Street -  NEW YORK (TheStreet) -- The energy sector has surged during the last two months, and this can be seen in the performance of the XLE Energy Select Sector SPDR Fund (XLE), an exchange-traded fund. If crude oil continues its current climb toward the $112 level, the XLE is likely to continue to rally for another few days or possibly a week.

Cash Withdrawals From Leveraged Loan Funds Deepen In 6th Straight Outflow
Jun. 12, 2014 - Forbes -  Cash outflows for bank loan funds expanded to $1.2 billion in the week ended June 11, from $1.1 billion last week and $475 million two weeks ago, according to Lipper. This is the sixth consecutive outflow, for a net $3.7 billion withdrawal over that span, representing the largest multi-week depletion since a run of outflows in August 2011.

Bond ETFs swell in size and risk as institutions pile in
Jun. 12, 2014 - Thomson Reuters -  (Reuters) - Institutional investors having trouble finding bonds for their portfolios from the usual suppliers are accepting a higher degree of risk and pumping billions of dollars into exchange-traded bond funds, boosting asset management firms such as BlackRock, Pimco and State Street.

China reforms favour stock pickers over index trackers
Jun. 09, 2014 - Thomson Reuters -  (Reuters) - Contrary to trends in the West, actively managed stock funds in China are set to become more popular with foreign investors, as moves to open up Chinese markets should give stock pickers an edge over poor performing index trackers.

Smart Beta: Not Beta, But A Bet
Jun. 09, 2014 - seekingalpha.com -  Many investors view indexing as representing a market or a slice of a market, and use indexing strategies that are market-cap weighted to capture exposure to these segments of the investable universe. In some circles, however, the concept of indexing has expanded recently beyond these traditional market-cap-weighted boundaries to what some call "smart beta." But investors should be careful to discern smart beta strategies for what they are. Vanguard believes they are active bets, and not substitutes for traditional index funds.

Best ETFs For Investors 
Jun. 04, 2014 - Forbes -  Who’s got the best deal in exchange-traded funds? If it’s large-capitalization U.S. stocks you want, there’s no better choice than the Schwab U.S. Broad Market index fund (ticker, SCHB). Putting $10,000 into that for a decade will cost you only $49.

India's Modi-Fication And What It Means For Investors
Jun. 03, 2014 - seekingalpha.com -  The recent elections in India and the swearing-in of Prime Minister Narendra Modi, the leader of the Hindu-nationalist, pro-business Bharatiya Janata Party (BJP), have driven positive sentiment among investors in anticipation of a more business-oriented regime. Much of this has been due to the sense of promise in Mr. Modi's reform agenda to target inflation, reduce the fiscal deficit, upgrade the nation's infrastructure, increase privatization and reduce corruption.

Value Funds Are Beating Growth-Stock Funds This Year
Jun. 02, 2014 - WallStreetJournal -  

If history is a guide, 2014 could be the year of the value fund.

Value-stock funds have beaten the returns of their growth-stock rivals so far this year, powered by a sharp fall in some growth stocks in March and April. While growth funds recovered some of their March and April losses in May, investors' renewed focus on valuation has persisted, market watchers say. Strategists say such dramatic changes in investor sentiment and market leadership often last a year or more.



No Free Lunch in Dividend Funds
May. 30, 2014 - WallStreetJournal -  

There's no such thing as a free lunch, but there is an inexhaustible supply of investors who will trip all over themselves in pursuit of it.

Consider portfolios of dividend-paying U.S. stocks, which sparkled in 2010 and 2011. Mutual funds of that type returned 18.1% cumulatively, while exchange-traded funds devoted to dividends earned an average of 28.7%. Over the same period, the S&P 500 returned 17.5%.



Buy 'Value ETFs' Here, Buy 'Growth ETFs' Over There
May. 29, 2014 - seekingalpha.com -  Home Depot (HD), Target (TGT), Dick's Sporting Goods (DKS), Staples (SPLS), PetSmart (PETM), Sears (SHLD), Lowe's (LOW), Wal-Mart (WMT). What do all of these companies have in common? They sell products to the middle class. Lately, however, these retailers have not been selling a whole of their wares to middle class consumers. Not only did they reveal disappointing top-line revenue numbers in the first quarter, sales weakness has been evident in April and May as well.

Which Commodity ETPs Should You Buy?
May. 28, 2014 - seekingalpha.com -  

Summary

  • Commodities have outperformed equities so far this year.
  • But given their varied outlook, investors can use these individual funds to fine tune their exposure.


MarketAxess and BlackRock Partner to Provide iShares Fixed Income Exchange Traded Fund (ETF) Information and Electronic Basket Trading Technology for ETF Market Makers
May. 28, 2014 - WallStreetJournal -  MarketAxess and BlackRock Partner to Provide iShares Fixed Income Exchange Traded Fund (ETF) Information and Electronic Basket Trading Technology for ETF Market Makers

Positioning For An Emerging Market Rebound
May. 22, 2014 - seekingalpha.com -  When investing, timing is ever important. On August 9, 2013, WisdomTree launched an Index designed to reflect a growing middle class spurring broad-based consumption in the emerging markets. Most recognize that emerging market consumers will be important drivers of long-term global economic growth. However, emerging markets experienced short-term pain last year, and the performance out of the gate for this Index was challenged in the second half of 2013.

Worries of a Bank-Loan-ETF Exodus Mount
May. 19, 2014 - WallStreetJournal -  

Investors have been pulling money out of exchange-traded funds backed by bank loans, once again raising concerns about the ability of lightly traded financial markets to handle a big exodus from ETFs.



BlackRock advances in pursuit of ETFs with non-daily disclosure
May. 19, 2014 - Thomson Reuters -  (Reuters) - BlackRock Inc, the largest U.S. provider of exchange-traded funds, has moved a step further toward launching a new breed of ETFs that would be allowed to keep holdings under wraps for months, instead of the daily disclosure now required.

ETF Stats For April 2014 - ETFs Grow, ETNs Stagnate
May. 13, 2014 - seekingalpha.com -  The number of ETFs and ETNs listed for trading in US markets continues to march toward the 1,600 level. In April, ten ETFs and one ETN were introduced, while one ETN closed and liquidated. The net increase of ten for the month puts the count at 1,578 exchange traded products (“ETPs”), consisting of 1,375 ETFs and 203 ETNs.

Leveraged-Long Wealth-Building ETFs Magnify The Rising Market Outlook
May. 13, 2014 - seekingalpha.com -  

Summary

  • Market index leveraged ETFs indicate a strong rising market environment.
  • A wide variety of ETF holdings focuses provide portfolio balancing opportunities.
  • Many choices make careful selections necessary and a productive effort.


Powerhouse ETFs: Energy, Consumer Staples and Utilities Outperform
May. 12, 2014 - The Street -  

NEW YORK (TheStreet) - Today we "crunch the numbers" on the 11 Exchange Traded Funds(ETFs) we have been profiling for investors as alternatives to stock picking.

Investing in ETFs smooths stock-specific volatility. This volatility was clearly illustrated during our coverage of first quarter earnings. It is difficult to pick stocks when many stocks have double-digit year-to-date gains or losses pre-earnings and/or double-digit gains or losses post-earnings.



Diversify Your Portfolio With Commodity Funds
May. 11, 2014 - seekingalpha.com -  

Summary

  • Commodity funds provide good diversification with respect to the stock market.
  • Over the past 5 years, the performances of commodity funds have significantly lagged the S&P 500.
  • The funds UCI, RJI, and USCI have performed well in comparison to peers.


Overview Of The Fixed Income Market
May. 08, 2014 - seekingalpha.com -  

Summary

  • It is important to gain an understanding of the fixed income marketplace and the investment options within it.
  • Corporate credit plays a major role in financial markets; yet, for some reason, bonds have always been considered too complex for individual investors.
  • Most people do not understand that corporate bonds have an active and liquid secondary market, much like stocks.


ETF Alert: Watch Out For Temporary Effective Creation Of Pseudo-Closed-End Funds
May. 06, 2014 - seekingalpha.com -  

Summary

  • Eleven ETFs have new unit creation abilities terminated.
  • Same eleven have unit redemptions continued.
  • Creation terminations are required by regulatory conditions.
  • Conditions are temporary, ETFs are to return to former marketability assurances in next few days.
  • Bias in market prices possible in the interim, creating subsequent loss possibilities for purchasers in bias period.


Feed Your Portfolio With Agricultural Funds
May. 05, 2014 - seekingalpha.com -  

Summary

  • The price of food is likely to increase over the long term but in the short term, performance is highly dependent on weather.
  • Future-based agricultural funds provide excellent diversification with respect to the stock market.
  • Over the past 5 years, the performances of agricultural funds have significantly lagged the S&P 500.


Share Repurchases Boost PowerShares Buyback Achievers ETF
May. 04, 2014 - WallStreetJournal -  PowerShares Buyback Achievers PKW -0.85% is benefiting as many cash-rich companies see share repurchases as their best option in the current economic environment.

Do Investors Need an 'ETF Strategist'?
May. 04, 2014 - WallStreetJournal -  You already have a relationship with a financial adviser or brokerage firm. Do you also need a service to manage a portfolio of exchange-traded funds?

These days, many advisers and financial firms are suggesting exactly that.


What an International Crisis Could Mean for Stocks
May. 02, 2014 - WallStreetJournal -  

If tensions between Russia and Ukraine turn sharply worse, stocks could tumble as investors panic. Yet history shows that the market would likely recover soon and in several months be higher than where it stood before the crisis erupted.

The best course of action during a crisis: Remain calm and don't sell. If you are bold, you could even use it as a buying opportunity.



Credit Suisse's Greg King joins ETF firm Global X
May. 01, 2014 - Thomson Reuters -  (Reuters) - Credit Suisse AG's former head of exchange-traded products, Greg King, has joined New York-based ETF sponsor Global X Management Company LLC to head product development and strategic ventures, the company said on Thursday.

'White label' firms help managers jump into the ETF market
Apr. 24, 2014 - Thomson Reuters -  (Reuters) - While a handful of big players have long dominated the exchange-traded funds market, more smaller players are elbowing their way in, thanks to the growth of "white label" ETF companies that will build and launch ETFs for a modest fee and a share of the profits.

Why Platinum Prices Are Poised To Shoot Skywards
Apr. 21, 2014 - Forbes -  In my most recent piece covering the platinum group metals (PGMs), I argued that a backdrop of declining supplies from Russia and South Africa, combined with surging off-take from the automotive industry, looks set to drive palladium prices to the stars (my original article can be viewed here).

How To Bet On IPOs And Spin-Offs With ETFs, And Choose The Best.
Apr. 07, 2014 - seekingalpha.com -  

Summary

  • FPX and CSD are ETFs based on IPO and spin-off strategies.
  • They are similar in inception dates, AUM and liquidity, making a comparison easy.
  • Both ETFs outperform the benchmark, but timing techniques are recommended because of a higher volatility.


ETFs: Comparing The Incomparables, A Second Time
Apr. 07, 2014 - seekingalpha.com -  

Summary

  • ETFs intentionally are constructed of stocks representing discrete industries, geographies, capitalization sizes, investment strategies, or of varying securities like currencies, commodities, or bonds, even concept and broad market indexes.
  • Is it possible to directly and fairly compare such a variety of investing activities, or must each orientation be pursued separately?


3 Asian ETFs With Tremendous Upside Potential
Apr. 03, 2014 - seekingalpha.com -  Here is something investors can take to their "to-big-too-fail" banks: Authorities in China will never allow a full-blown credit crisis to decimate the world's second-largest economy. Disappointing manufacturing data, a falling yuan and the country's first junk bond default have all contributed to perceived investing risks.

Arbitrage Experts Feast On The Public's Ignorance
Apr. 02, 2014 - seekingalpha.com -  

Summary

  • Leveraged ETFs come in two flavors, sweet and sour, long and short (inverse).
  • Uninformed reasoning often holds that they should produce equal and opposite coming price changes when based on the same underlying equity market indexes.


7 Reasons Why The Uranium Mining ETF Is In A 6-Month Uptrend
Apr. 01, 2014 - seekingalpha.com -  

Summary

  • It has been 3 years since the once in a millennium Fukushima Disaster in Japan and nuclear power is still alive.
  • There are more nuclear reactors being built now than before the catastrophe.


This Wasn't Supposed To Happen: ETF Converts To Mutual Fund
Mar. 31, 2014 - seekingalpha.com -  Pax World launched the Pax MSCI EAFE ESG Index ETF (EAPS) in January 2011, and March 21, 2014 was its last of trading. When ETFs close, the asset base is typically very small and very few shareholders are affected. In the case of EAPS, assets were north of $64 million. Additionally, Pax World decided not to liquidate this ETF after closing and delisting. Instead, the ETF is converting into an old-fashioned traditional open-ended mutual fund. Probably not something investors buying an ETF would expect.

Gold Miners: The Cheapest ETF
Mar. 28, 2014 - Barron's -  The phrase “cheapest ETF” usually refers to expense ratios — getting that management fee down to 0.05% or 0.10% a year. Morningstar’s Samuel Lee and Ben Johnson have their eye on a different measure.

Prepare For China Bounce, Barclays Says
Mar. 27, 2014 - Forbes -  

For investors who trust the analysis of Barclays BCS +0.71% Capital, China has just about hit bottom. Ladies and gentleman, prepare for the China bounce.

“Growth is likely to pick up in China in response to policy stimulus,” say BarCap asset allocation researchers in London, led by Guillermo Felices. “We’d stay long growth (and) China-linked assets via a basket of selective emerging market equities, base metals and resources equities.”



A New Brazil Rally In ETFs?
Mar. 26, 2014 - seekingalpha.com -  

Summary

  • The iShares MSCI Brazil Index ETF has gained over six percent in the last week.
  • The EG Shares Brazil Infrastructure ETF is up five percent this week, but remains lower by 26.5 percent over the last year.


3 ETFs Poised To Bounce
Mar. 26, 2014 - seekingalpha.com -  

Summary

  • KWEB, the niche international ETF, is a basket of 28 Chinese stocks that concentrate on the Internet sector.
  • Pulling back in a similar fashion to KWEB, the social media stocks are taking a breather after hitting a high earlier this month.


IYH, IBB, XBI, Other Healthcare ETFs' Market Pro Price Forecasts, Following Congressman Waxman's Comments
Mar. 26, 2014 - seekingalpha.com -  

Summary

  • US Government involvement in expensive drug treatment pricing via Obamacare put down prices of not only stocks, but Healthcare Exchange Traded Funds as well.
  • Market-maker hedging actions produce, by intelligent behavior analysis, implied price range forecasts for involved ETFs.


Markets Are Quiet, Aussie Jumps
Mar. 26, 2014 - seekingalpha.com -  

Summary

  • The euro is in the middle of a 3/4 cent range.
  • The yen remains in narrow range.
  • The Aussie jumps to a 4-month high.


Gold Falls, Palladium Climbs as Traders Mull Russia Sanctions
Mar. 24, 2014 - WallStreetJournal -  

—Comex April gold ends down 1.9% at $1,311.20/oz

—Fed's upbeat U.S. economy outlook weighs on precious metals prices

—Brighter economic data bolsters Fed view of steady growth

NEW YORK—Gold futures fell to their lowest level in five weeks, while palladium climbed to its highest level in 2½ years, as investors weighed diplomatic tensions between Russia and the West.



6 Picks in Seasonally Strong Sectors
Mar. 22, 2014 - Forbes -  It has already been a much different stock market in 2014 than it was in 2013. The Spyder Trust (SPY) moved sideways until the latter part of January before dropping almost 6% in just 11 days. The rally from those lows has pushed the SPY almost 8% higher as the market waits for the latest FOMC announcement. The new high in the NYSE A/D line on Tuesday is a bullish sign for the market.

Doing A Spring Clean-Up In Your Retirement Plans
Mar. 21, 2014 - Forbes -  

Six and half feet of snow has nearly all melted here in Chiberia (Chicago) and my thoughts turn to spring.

Time to think about baseball, lounging on my patio, the beach, barbequing and beer. But the prospect of watching another dismal season of the Chicago Cubs, grilling in the cold and freezing until the warm weather finally arrives in Junehas me thinking about other things — like a portfolio clean-up.  Here are some ideas on how to prune and spruce up your retirement portfolio:



WisdomTree Cut to ‘Sell’: ‘Little Room for Error’
Mar. 19, 2014 - Barron's -  

A growth-industry stock trades at 39 times earnings. But the company’s hot product is cooling off. Meanwhile, the competition is heating up, and investors see key executives selling their own shares. What would you do?

Citigroup’s William Katz just downgraded exchange-traded fund maker WisdomTree Investments (WETF) to “sell.” Shareholders are taking the advice Wednesday, sending the stock down nearly 6%. In truth, they’ve been taking profits steadily lately. The encore to the stock’s 189% 2013 surge is a 22% decline year-to-date.



ETFs That Can Outperform The S&P 500
Mar. 10, 2014 - seekingalpha.com -  

Summary

  • The SPIVA Scorecard from 2013 showed that most active funds underperformed the market index in the past three and five year periods.
  • There are ETFs that can outperform the S&P 500 in the long run, but they have different investment styles, risk levels and volatility.
  • After comparing different types of ETFs, I discovered that small and mid-cap ETFs have the biggest chances to outperform the S&P 500 in the long-term.


Alternative Equity ETFs - Do They Deliver Value?
Mar. 05, 2014 - seekingalpha.com -  There are many alternative equity ETF investments available today but most have a limited history; only one was trading during the 2008 bear market. The limited trading history should not stop investors interested in the concept from investigating these investments further. This article will review the performance data between alternative equity ETFs and the SPDR S&P 500 (SPY) and iShares Core Total US Bond (AGG) ETFs.

A Quick And Dirty Problem For IShares MSCI Frontier 100 ETF
Mar. 03, 2014 - seekingalpha.com -  The iShares MSCI Frontier 100 ETF (FM) is an ETF focused on frontier market equities defined by the website as "frontier markets (pre-emerging markets) stocks." Thus, once a country where it has a holding graduates from being defined as a Frontier Market to an Emerging Market, it seems eminently possible - and appropriate - that the fund must reallocate its holdings.

Is It Time to Go Down Under or Up North?
Mar. 02, 2014 - Forbes -  Another round of overnight selling was met with good buying on Thursday. The Durable Goods orders were not as weak as expected and that combined with supportive comments by the Fed’s Janet Yellen put the bulls in charge.

High Yield ETFs: It's More Than Fees that Matter....
Feb. 26, 2014 - Forbes -  The incredible growth of the high yield asset class is evident through various product innovations such as high yield exchange traded funds (ETFs). Since their introduction in 2007, ETF assets have swelled to about $35 billion. The two largest, the iShares iBoxx $ High Yield Corporate Bond (HYG) and SDDR Barclays High Yield Bond (JNK) account for about two-thirds of the high yield ETFs outstanding. High yield ETFs are passively managed pools of high yield bonds designed to track an index, yet trade on exchanges, just like stocks. Their attributes include low fees, diversification, and intraday liquidity.

JPMorgan’s Push Into ‘Smart Beta’ ETFs Takes Shape
Feb. 26, 2014 - Barron's -  

In the same week that J.P. Morgan Chase (JPM) announced deep cuts in its mortgage-lending business, the firm’s push into exchange-traded funds is coming into public view.

Last night, JPM detailed three planned offerings in a regulatory filing which underscore an interest in “smart beta” ETFs. The envisioned funds look a bit like Northern Trust’sFlexShares, the best example of an old-line bank making a sudden success in fast-growing ETFs.



Dennis Gartman Says He's Bullish On Gold As Miners Curtail Production
Feb. 26, 2014 - seekingalpha.com -  

HardAssetsInvestor: I recently read that you turned bullish on gold. What's the reason for that change?

Dennis Gartman: Yes, I've quietly turned bullish on gold for a few reasons. Firstly, beginning five and six weeks ago we started to see a lot of the mining companies- even the largest gold mining companies- begin to curtail production. That's always a sign of an end of a bear market.



Finra Fines Brokerage Over Sales of Nontraded REITs, Exotic ETFs
Feb. 24, 2014 - WallStreetJournal -  

The brokerage industry's self-regulator on Monday fined an Iowa-based brokerage firm $775,000 for failing to supervise the sale of nontraded real-estate investment trusts and other products.

The Financial Industry Regulatory Authority said Berthel Fisher & Company Financial Services Inc. had inadequate oversight over the sale of alternative investments such as nontraded REITs, managed futures, oil-and-gas programs, equipment-leasing programs and business-development companies between 2008 and 2012. As a result, its brokers made sales to investors for which they were unsuitable, Finra said.



My Favorite Chart Patterns
Feb. 23, 2014 - Forbes -  Last summer’s rally in gold and the gold miners coincided with a strong seasonal period, and after the dismal performance in the first half of the year, a rally was overdue. The rally was impressive as the SPDR Gold Trust (GLD) rallied 20% from the late-June lows to the late-August highs.

How To Profit From The IPO Boom
Feb. 20, 2014 - seekingalpha.com -  

For all of the hand wringing about the weak start on Wall Street this year, initial public offerings haven't been this hot since 1999.

More than 30 companies have already launched IPOs in 2014. That is a 72% increase compared with the same time last year, according to Renaissance Capital, and the best start to the year for IPOs since at least 2006.



Leveraged ETFs not just for day traders anymore
Feb. 12, 2014 - Thomson Reuters -  

Feb 12 (Reuters) - Leveraged exchange-traded funds, originally viewed as tools for fast-moving day traders, are showing up more frequently as buy-and-hold investments in Mom and Pop portfolios, thanks to the advisers who are putting them there.

These funds, which exist across several asset classes, magnify the moves of their underlying indexes by delivering twice or three times their return. Some had a particularly good showing in 2013, when the Standard & Poor's 500 index rose almost 30 percent. The Direxion Daily S&P 500 Bull 3x Shares ETF, for example, gained 118.9 percent in 2013, more than triple the S&P 500's gains.



New ETFs Allow Exposure To Gold In Currencies Other Than U.S. Dollar
Feb. 12, 2014 - Forbes -  

Four new exchange-traded funds were launched Wednesday, giving investors a chance to gain exposure to gold prices in currencies other than the U.S. dollar.

The products were patterned after some of the trading methods of well-known investor and newsletter writer Dennis Gartman, who for a long time has taken positions in the gold market in currencies other than the greenback. The four new products include his name.



Advisers See Renewed Promise in Gold & Oil
Feb. 11, 2014 - WallStreetJournal -  Investors remain cautious about commodity funds, which have badly lagged the broader market since 2008’s global financial crisis. But many financial advisers say they aren’t ready to give up on the asset class, noting some select segments offer growth opportunities as the global economy improves.

Watch Out! These 8 ETFs Have Negative Weekly Chart Profiles
Feb. 11, 2014 - The Street -  

NEW YORK (TheStreet) - Friday's close resulted in negative weekly charts for the Dow IndustrialsS&P 500, Dow Transports and Russell 2000, but not for the Nasdaq, which ended the week above its five-week modified moving average at 4110.

Among the 11 sector exchange-traded funds I track, eight ended last week with negative weekly charts. The exceptions are Utilities Select Sector SPDR (XLU), which has a positive weekly chart, and the Technology Select Sector SPDR (XLK) and the Health Care Select Sector SPDR (XLV), which have neutral weekly chart because they closed above their five-week modifiedmoving averages at $34.99 and $55.72, respectively.



KKR pulls two funds in retail investor pitch setback
Feb. 10, 2014 - Thomson Reuters -  Feb 10 (Reuters) - KKR & Co LP disclosed on Monday it would liquidate two funds targeting individual investors, in a blow to the private equity firm's efforts to widen its appeal beyond institutional investors such as pension funds and insurance firms.

Vanguard juggernaut can challenge advisers
Feb. 07, 2014 - Thomson Reuters -  (Reuters) - Like many financial advisers, Joseph Clemens of Denver has seen his clients wax enthusiastic about mutual funds from Vanguard, the company that put index-based investing and low-cost funds on the map.

Another Big Day for Market Volatility
Feb. 04, 2014 - Barron's -  

Another rough session is making winners out of last year’s losers, and vice versa. The leveraged volatility-traded tools that slumped in some cases by more than 90% last year are up by nearly 50% in the new year.

Those numbers pertain to ProShares Ultra VIX Short- Term Futures exchange-traded fund (UVXY), which is ahead by 12% today. VelocityShares Daily Inverse VIX Short-Term Futures ETN (XIV), a sort of anti-volatility bet that gained 105% last year, is down 21% in the new year, including more than 5% Monday.



ETF Makers Slug it Out Over Floating-Rate Treasuries
Feb. 04, 2014 - Barron's -  

How badly does industry heavy BlackRock (BLK) want the market for floating-rate Treasury ETFs? Enough to waive its management fee through February 2015.

Following a first-of-its-kind $15 billion auction of the new bonds last week, BlackRock’s iSharesand WisdomTree Investments (WETF) today are launching competing floating-rate Treasury ETFs. As of Friday, it looked like WisdomTree would be the first to launch. But this is a coveted market amid all these Federal Reserve worries. NYSE Arca floated an unusual Saturday launch notice for the iShares fund. Presto! Simultaneous launches.



UBS' New Funds Targeting Higher Returns Up To 19%
Feb. 04, 2014 - seekingalpha.com -  UBS Investment Bank (UBS) (investor media page) expanded their family of funds that focus on high monthly returns. The first is theETRACS Monthly Pay 2x Leveraged Diversified High Income ETN (DVHL) was introduced in November, 2013. DVHL is linked to the monthly compounded 2x leveraged performance of the NYSE® Diversified High Income Index, reduced by investor fees. ETRACS Diversified High Income ETN (DVHI) was introduced in September, 2013 and ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) give investors diversified exposure to the closed-end fund space. UBS is attempting to gain traction in the expanding opportunities of Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).

ETFs Are Not a Strategy
Feb. 03, 2014 - The Street -  

NEW YORK (TheStreet) -- Last week at the annual Inside ETFs Conference which is put on every year by ETF.com there was a crucial point of understanding about the use of exchanged trade products. Michael Sapir, CEO of ProShares, was reported by Barron's as saying "The mistake is in viewing an ETF as an investing strategy, it's paramount that you understand the strategy."

The context for the quote was so called smart beta ETFs which typically screen broad based indexes like the S&P 500 for a valuation measure or volatility or simply weighting the components by some metric other than market cap.



ETFReplay Portfolios For February
Feb. 03, 2014 - seekingalpha.com -  

Among the more popular portfolios on Scott's Investments has been theETFReplay.com Portfolio. I previously detailed here and here how an investor can use ETFReplay.com to screen for best performing ETFs based on momentum and volatility.

The portfolio begins with a static basket of 15 ETFs. These 15 ETFs are ranked by 6 month total returns (weighted 40%), 3 month total returns (weighted 30%), and 3 month price volatility (weighted 30%). The top 4 are purchased at the beginning of each month. When a holding drops out of the top 5 ETFs it will be sold and replaced with the next highest ranked ETF.



Ivy & Commission Free ETF Portfolios - February Update
Feb. 03, 2014 - seekingalpha.com -  Early in 2012, Scott's Investments added a daily Ivy Portfolio spreadsheet to track the 10 month moving average signals for two portfolios listed in Mebane Faber's book The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets. Faber discusses 5, 10, and 20 security portfolios that have trading signals based on long-term moving averages. The Ivy Portfolio spreadsheet tracks the 5 and 10 ETF Portfolios listed in Faber's book. When a security is trading below its 10 month simple moving average, the position is listed as "Cash." When the security is trading above its 10 month simple moving average the positions is listed as "Invested."

Ivy & Commission Free ETF Portfolios - February Update
Feb. 03, 2014 - seekingalpha.com -  Early in 2012, Scott's Investments added a daily Ivy Portfolio spreadsheet to track the 10 month moving average signals for two portfolios listed in Mebane Faber's book The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets. Faber discusses 5, 10, and 20 security portfolios that have trading signals based on long-term moving averages. The Ivy Portfolio spreadsheet tracks the 5 and 10 ETF Portfolios listed in Faber's book. When a security is trading below its 10 month simple moving average, the position is listed as "Cash." When the security is trading above its 10 month simple moving average the positions is listed as "Invested."

Traders Keep an Eye Out for Good Harbor
Feb. 02, 2014 - WallStreetJournal -  

Something odd happened during U.S. stock trading on Sept. 3: Shares of medium-size companies sank while the rest of the market rose, a finish that occurs about once every 100 sessions.

But to some traders, the unusual move wasn't a mystery. They had been watching for Good Harbor Financial LLC, a fast-growing money manager that deals in nearly $11 billion of exchange-traded funds, to reshuffle its main portfolio, as it does regularly on the first trading day of every month. That day, Good Harbor sold a big stake in the iShares Core S&P Mid-Cap ETF.



5 ETF myths that keep investors away
Jan. 30, 2014 - CNBC -  Exchange traded funds now represent 15 percent of all trading in the market, but how much of that 15 percent is coming from individual investors? ETFs have grown rapidly, thanks to institutional traders, hedge funds and even traditional mutual funds using their "rival" investments. No-commission fee-trading programs at discount brokers, including Charles Schwab, Fidelity Investments and TD Ameritrade have made it easier for individual investors to use ETFs, too, but there are lingering misconceptions that are keeping more retail investors from migrating to ETFs.

Investors Seek Shelter From Emerging Markets Tumult
Jan. 29, 2014 - WallStreetJournal -  

The tumult in emerging markets has stock investors reaching for insurance, though not yet heading to exits.

Worries about emerging markets rattled global investors Wednesday, causing fresh declines in the currencies of Turkey and South Africa. Those jitters have in turn sent U.S. stocks lower.



How to pick an ETF? Hint: Don't focus on cost
Jan. 29, 2014 - CNBC -  As individual investors buy into ETFs, there's one very compelling aspect: a low cost relative to many traditional mutual funds. But for ETF experts, cost is rarely ever the deciding factor in making the decision to buy an ETF, especially now with so many ETFs in most major asset classes.

Complete List Of 67 ETP Closures For 2013
Jan. 29, 2014 - seekingalpha.com -  Sixty-seven exchange traded products ("ETPs") saw their last day of listed trading in 2013. This is the second highest annual death toll for the relatively young industry, surpassed only by the 102 closures of the prior year. The departed are a mixture of 50 ETFs and 17 ETNs, and the lifetime count now stands at 380 (324 ETFs and 56 ETNs).

A New MLP Exchange-Traded Fund Hits the Market
Jan. 28, 2014 - The Street -  

NEW YORK (TheStreet) --Fund provider Direxion is known for its exchange-traded funds that use high amounts of leverage or that go in the opposite direction of the market.

The firm, however, also has a small line of funds for what it calls long-term investing, including the newly listed Direxion Zacks MLP High Income Shares (ZMLP).



Pimco to Offer 19 New Active ETFs
Jan. 27, 2014 - WallStreetJournal -  

Pacific Investment Management Co., the world's largest bond-fund manager, plans to significantly expand its lineup of active exchange-traded funds by offering 19 new active ETFs, including versions of its existing mutual funds.

The firm, which has nearly $2 trillion under management and has said it is seeking to diversify its offerings, plans to offer ETF versions of its Pimco IncomePimco Unconstrained BondPimco Municipal Bond and some of its StocksPlus and IndexPlus funds, according to a filing it made with the Securities and Exchange Commission on Jan. 24



Here Comes the January Blast — of ETF Launches
Jan. 21, 2014 - Barron's -  

This snowy weather is a doozy. But investors are about to get a different kind of winter blast from several exchange-traded fund companies.

There’ve been 12 new ETFs this month from AdvisorSharesVan Eck’s Market Vectors, andState Street’s SPDRs, among others, but the big push comes later this week. Notices for three from Deutsche Bank, four from Market Vectors, two from Pimco, and three fromDirexionappeared in my inbox between Friday and today.



A Step Forward for New Active ETFs
Jan. 21, 2014 - WallStreetJournal -  For years, fund companies have been trying to convince regulators to let exchange-traded funds relax daily reporting requirements. On Wednesday, the first proposed prospectus detailing how such a fund would work is expected to be filed with the Securities and Exchange Commission.

The filing by Precidian Investments, an investment advisory firm based in Bedminster, N.J., lays out the mechanics of how such a fund might work and specifics on its design, according to two fund managers familiar with the company's plans. Precidian has been talking to other providers about licensing its system.

Why Across-The Board Negativity On Commodity-Related ETFs May Be Misplaced
Jan. 21, 2014 - seekingalpha.com -  Investors are punishing commodity-rich countries yet again. As popular developed market funds like iShares MSCI United Kingdom (EWU) prosper, iShares MSCI Canada (EWC) and its heavy energy allocation keep the exchange-traded tracker languishing near 52-week lows. Similarly, iShares MSCI Frontier Markets 100 (FM) continues attracting buyers, whereas copper king Chile via iShares MSCI Chile (ECH) has seen its fortunes evaporate over the course of three years.

Equity CEFs: Will ETFs Beat CEFs Again In 2014?
Jan. 21, 2014 - seekingalpha.com -  For those who follow the Closed-End fund (CEF) universe, this last year has shown how much the industry has matured despite the fact that CEFs overall, did not have nearly as positive a year as their Exchange Traded fund (ETF) cousins. Generally, CEFs fall somewhere in between individual stocks and ETFs in terms of risk but because of their lower market capitalizations (usually $250 million to $1 billion) and lower trading volumes, they can often trade at bizarre valuations and with extreme volatility at times. Offsetting that is their higher yields of 6% to 9% that investors can receive and the fact that they can trade at premium and discount market prices to their actual net worth, commonly called the Net Asset Value (NAV).

Dual ETF Momentum Portfolio - January Update
Jan. 13, 2014 - seekingalpha.com -  In February 2013 I announced a "Dual ETF Momentum" spreadsheet. The idea was inspired by a paper written by Gary Antonacci and available onOptimal Momentum. The spreadsheet is available on Scott's Investment'shere. The objective of the spreadsheet is to track four pairs of ETFs and provide an "Invested" signal for the ETF in each pair with the highest relative momentum.

Alternative Thinking Vs. Alternative Assets
Jan. 08, 2014 - seekingalpha.com -  

If you've sat in on any presentations on alternative assets, or picked up any of the marketing materials, you will have heard all the reasons why financial advisers and portfolio managers should own alternatives.

The checklist of potential roles that alternatives play in a portfolio goes something like this:

  • Low correlations, which lead to better diversification
  • Great inflation hedge
  • Capital protection in down markets
  • Pure alpha (i.e., great return potential)
  • Strategic allocations - a dedicated "slice"

Sound familiar? Slow down, says Peter Chiappinelli, CFA, CAIA, a member of GMO's asset allocation team. It's not about alternative assets, per se, it's about alternative thinking.



3 ETFs That Will Benefit From Capital Shifting Abroad
Jan. 07, 2014 - seekingalpha.com -  There's not much question that the U.S. stock market is - in a traditional sense - overvalued. The S&P 500 currently flashes a price-to-earnings (P/E) ratio that is 20% higher than its historical average over a trailing 12-month period. Similarly, its price-to-sales (P/S) ratio of 1.6 is, conservatively speaking, 25% greater than a more typical ratio of 1.2.

The Best 2014 Investment Advice
Jan. 07, 2014 - seekingalpha.com -  

Stop Doing What Everyone Else Is Doing

A poll was recently conducted on Twitter (TWTR) asking, who was themost helpful trader in 2013? We do not know everyone on the list, but we know most of them. What common trait do the people/firms share that allows them to be helpful in the difficult world of trading and investing? They all have a system that pays attention to what is happening in the markets, which is in stark contrast to the common Wall Street way of investing based on predictions about a highly uncertain future.



Three Consumer Sector ETFs for Some Safety
Jan. 07, 2014 - The Street -  

NEW YORK (TheStreet) -- One of my investment themes is to consider a buy-and-trade strategy using exchange-traded funds. This concept should be considered in the three consumer sectors followed by www.ValuEngine.com: consumer staples, consumer discretionary and retail-wholesale.

Stock picking has become difficult recently as several retail stocks were taken to the woodshed between Thanksgiving and Christmas on earnings disappointments, while consumer-related ETFs continued to trade higher.


Invesco Adds to Line of Low Volatility Investing Options with Emerging Markets Mutual Fund
Jan. 07, 2014 - WallStreetJournal -  

HOUSTON, Jan. 7, 2014 /PRNewswire/ -- Invesco expanded today its innovative suite of low volatility products by launching the Invesco Low Volatility Emerging Markets Fund.

Managed by Invesco Quantitative Strategies (IQS), the strategy will seek to outperform the MSCI Emerging Markets index over the long term with a lower risk profile.



Stock ETFs For The 2014 Battle Against Global Deflation
Dec. 26, 2013 - seekingalpha.com -  The rich have never been so wealthy. I have never been so wealthy. In fact, a great many Seeking Alpha readers have never been so wealthy. The reason? People with money own price-appreciating, income-producing stocks that continue to register all-time highs; meanwhile, their property values are recovering and, in some cases, they have acquired more price-appreciating, income-producing real estate during the "Great Recession."

BulletShares 2013 ETFs To Liquidate Next Week
Dec. 24, 2013 - seekingalpha.com -  

Not all ETF closures are bad news. By design, Guggenheim BulletShares 2013 Corporate Bond ETF (BSCD) and Guggenheim BulletShares 2013 High Yield Corporate Bond ETF (BSJD) are scheduled to mature and liquidate on Dec. 31, 2013. Accordingly, Dec. 30 will be the last day of listed trading and the date used for the final distribution calculations.

Guggenheim BulletShares 2013 Corporate Bond ETF was launched under the Claymore brand in 2010. However, Guggenheim acquired Claymore, and the ETFs were rebranded later in 2010. Guggenheim BulletShares 2013 High Yield Corporate Bond ETF came to market in January 2011. The two funds have combined assets of about $385 million, and they were never in danger of being part of the ETF Deathwatch list.



Best ETF Market-Maker Price Gain Forecasts: QE Taper Impact?
Dec. 23, 2013 - seekingalpha.com -  

The Fed's tiny taper tangent may have stirred some market interests, but the impact overall is hard to find when we compare market-maker [MM] ETF forecasts before and after their recent announcement.

Our regular daily update of over 200 actively-traded ETFs gets pared back a bit by quality controls, but still offers a wide disparity between the dozen or so most promising and the larger liquid ETF population. Here's what the MMs' current expectation look like now.



Some Chinese ETFs Soar, Others Fall to Earth
Dec. 20, 2013 - The Street -  

NEW YORK ( TheStreet ) -- This has been a wild time for China exchange-traded funds. Some funds have soared while others sank. 

For this year, iShares China Large-Cap (FXI) lost 1.9%, according to Morningstar. During the same time, SPDR S&P China (GXC) gained 7.4%, and PowerShares Golden Dragon China(PGJ) returned 53.3%.

As the varied results suggest, the 30 China ETFs follow a wide range of strategies. Some funds focus on lumbering state-owned businesses, while other portfolios emphasize private-sector technology companies. Worried about mounting debt levels, investors shunned big banks in recent months. 


WisdomTree Investments (WETF) Showing Signs Of Perilous Reversal Today
Dec. 19, 2013 - The Street -  

Trade-Ideas LLC identified WisdomTree Investments (WETF) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified WisdomTree Investments as such a stock due to the following factors:

  • WETF has an average dollar-volume (as measured by average daily share volume multiplied byshare price) of $40.7 million.
  • WETF has traded 2.4 million shares today.
  • WETF is down 3.1% today.
  • WETF was up 7% yesterday.


Spice Up Your Retirement Portfolio With MLP Funds
Dec. 19, 2013 - seekingalpha.com -  The next stop in my quest for high retirement income at a reasonable risk was to consider Master Limited Partnerships (MLPs). You can purchase MLPs as individual units (purchased like a stock from your broker) or via Exchange Traded Funds (ETFs), Exchange Traded Notes , or Closed End Funds (CEFs). There are already many articles on Seeking Alpha that discuss the merits on individual MLPs so I will focus on the risk versus reward associated with ETFs, ETNs, and CEFs.

Exchange group Euronext says plans fee increases for 2014
Dec. 18, 2013 - Thomson Reuters -  

Dec 18 (Reuters) - NYSE Euronext will increase some trading fees on its European marketsin 2014 as it seeks to keep in step with rivals and protect revenues in lower trading volumes.

NYSE Euronext, which operates exchanges in Paris, Amsterdam, Brussels, London and Lisbon, said in a statement it would introduce "a small number of fee increases" following a review of its Euronext business.



Managers Bet on U.S. as Mom & Pop Go Overseas
Dec. 18, 2013 - WallStreetJournal -  

While mainstream mom-and-pop fund investors have been flocking overseas, much of the so called "smart" money is going in the opposite direction.

Institutions such as big fund managers and investment advisers are heavily favoring domestic stock mutual funds and exchange-traded funds, say analysts in the process of reviewing 2013 investment flow patterns.



Why Doesn't The Dividend Growth ETF Grow Its Dividends?
Dec. 16, 2013 - seekingalpha.com -  

An article at Seeking Alpha making the case for the SPDR S&P Dividend ETF (SDY) had the following question left in the comments which as of the time I saw it had not been answered by anyone;

$SDY seems to be headed for a lower divi in 2013 compared to 2012. how is this possible if the stocks are supposed to increase divi each yr?



Float Research: Bubble Watchers Should Set Their Sights On The Corporate Bond Market
Dec. 15, 2013 - seekingalpha.com -  

Insatiable Appetite for Corporate Debt Despite Poor Performance. Corporate Bond ETFs Issue Staggering $21.6 Billion (27.5% of Assets) Year-to-Date.

We have read a lot of chatter about bubbles in recent months. We think investors looking for bubbles will find the credit markets a lot more bubbly than the equity markets. Investor appetite for corporate bonds-particularly investment-grade corporate bonds-is seemingly insatiable despite near record low yields and persistently poor performance.



Retail Cash Inflows To High Yield Mutual Funds Wipe Out ETF Outflows, Positive Return
Dec. 12, 2013 - Forbes -  Retail cash flows to high-yield funds returned to positive territory with a net inflow of $16 million for the week ended Dec. 11, according to Lipper, a division of Thomson Reuters. An inflow of $108 million to mutual funds outweighed an outflow of $92 million from exchange-traded funds

ETF Stats For November 2013: 2nd Highest Annual Closures Clinched

Dec. 12, 2013 - seekingalpha.com -  Eleven new exchange traded products (“ETPs”) came to market in November, below this year’s monthly average of 13 and far below last month’s frantic surge of 30. Five closures took place during the month, resulting in a net increase of only six. November came to a close with 1,531 ETPs listed for trading, consisting of 1,324 ETFs and 207 ETNs.

ETF Brightens Palladium's Shine
Dec. 11, 2013 - WallStreetJournal -  

There is a bright spot in what has been a dark year for precious metals: palladium.

Demand for palladium is rising just as supplies from key supplier Russia have diminished. And the launch of a new palladium exchange-traded fund in South Africa is giving investors additional reason to buy the metal.



Smart Beta ETFs Poised for Growth Among Institutional Asset Managers
Dec. 11, 2013 - WallStreetJournal -  

Smart Beta ETFs Poised for Growth Among Institutional Asset Managers

Independent Research Reveals Increased Institutional Interest in Non-Market Cap Weighted ETFs

CHICAGO, IL--(Marketwired - Dec 11, 2013) - Institutional investors report they are increasingly using smart beta Exchange Traded Funds (ETFs), according to a new study conducted by Cogent Research, a division of Market Strategies International. The results reveal that more than half (53%) of institutional decision makers will increase their use of smart beta ETFs over the next three years -- higher than any other ETF category, including market-cap weighted ETFs (48%).



Best Prior Top 10 Leveraged Long ETFs - Let's See How They Did Vs. The Others
Dec. 09, 2013 - seekingalpha.com -  

Three months ago we looked at the then available set of 34 Leveraged Long ETFs, to see which ones the Market-Makers had the most favorable outlooks for.

Here's what we said then:

Market-Makers [MMs] hate risk, but have to expose their firm's capital to it to get their bread & butter (caviar & croissants?) trades done for the big-money fund clients. So they hedge their exposures against unwanted price moves. On thousands of trades every day, on hundreds of stocks, ETFs, REITs, indexes.



U.S. Stock Mutual Funds Take In Least Cash in Eight Weeks; ETFs See Outflows --Lipper
Dec. 05, 2013 - WallStreetJournal -  

NEW YORK--U.S. stock mutual funds took in the least investor money in eight weeks, while exchange-traded funds saw outflows.

Mutual funds investing in U.S. stocks grabbed $114 million of investor cash in the week ended Dec. 4, taking in money for the eighth week in a row. Last week's pace of inflows was the slowest since October, however, and compared with $269 million in the previous week.

Investors pulled $687 million from U.S. ETFs investing in U.S. stocks, compared with an inflow of $8.6 billion a week earlier.



Trading Sector ETFs as Equity Bubbles Inflate Then Deflate
Dec. 05, 2013 - The Street -  NEW YORK (TheStreet) -- It's easy to apply my buy-and-trade strategy to sector exchange-traded funds. This allows investors to gain exposure to the sectors they want while avoiding picking the wrong stocks in those sectors.

Because ETFs trade just like stocks, you can employ my buy-and-trade strategy to capture a portion of up and down volatility. You can't do that with mutual funds, which can't be traded on an intraday basis.

Trading Sector ETFs as Equity Bubbles Inflate Then Deflate
Dec. 05, 2013 - The Street -  NEW YORK (TheStreet) -- It's easy to apply my buy-and-trade strategy to sector exchange-traded funds. This allows investors to gain exposure to the sectors they want while avoiding picking the wrong stocks in those sectors.

Because ETFs trade just like stocks, you can employ my buy-and-trade strategy to capture a portion of up and down volatility. You can't do that with mutual funds, which can't be traded on an intraday basis.

Atlanta brokerage to pay $700,000 for sales of risky ETFs: FINRA
Dec. 05, 2013 - Thomson Reuters -  

(Reuters) - An Atlanta-based securities brokerage must pay back a total of more than $700,000 to 84 customers for selling them risky types of exchange-traded funds and frequently switching clients' mutual funds to boost commissions, Wall Street's industry-funded watchdog said on Thursday.

The Financial Industry Regulatory Authority (FINRA) found J.P. Turner & Co LLC allowed its brokers to recommend leveraged and inverse exchange-traded funds (ETFs) during 2008-2009 without adequate training or understanding the risks the ETFs posed to investors, according to a settlement. The firm also did not properly supervise sales of the securities, FINRA said.



ALPS Plans EM Dividend Dogs ETF
Dec. 05, 2013 - seekingalpha.com -  

ALPS is rounding out its "Dogs of the Dow" suite of exchange traded funds, filing with the Securities and Exchange Commission to launch an emerging market-focused version.

According to an SEC exemptive relief filing, the ALPS Emerging Sector Dividend Dogs ETF (EDOG) will try to reflect the performance of the S-Network Emerging Sector Dividend Dogs Index. The proposed fund will have a 0.60% expense ratio.



There's A New Kid On The Global-Dividend Block: Mebane Faber's Cambria Foreign Shareholder Yield ETF
Dec. 05, 2013 - seekingalpha.com -  Those who have read my dividend-income articles on Seeking Alpha know that I'm a fan of Cambria's Shareholder Yield ETF (SYLD); see this articlefor an example. I've also written several times recently about diversifying one's portfolio with international ETFs (such as this article). Now Cambria adds a new fund that extends the concepts behind SYLD to the international arena. The fund, called Cambria Foreign Shareholder Yield ETF (FYLD), will follow the Cambria Foreign Shareholder Yield Index which focuses on stocks in foreign developed markets with high cash distributions.

Ivy & Commission Free ETF Portfolios - December Update
Dec. 02, 2013 - seekingalpha.com -  Early in 2012, Scott's Investments added a daily Ivy Portfolio spreadsheet to track the 10 month moving average signals for two portfolios listed in Mebane Faber's book The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets. Faber discusses 5, 10, and 20 security portfolios that have trading signals based on long-term moving averages. The Ivy Portfolio spreadsheet tracks the 5 and 10 ETF Portfolios listed in Faber's book. When a security is trading below its 10 month simple moving average, the position is listed as "Cash". When the security is trading above its 10 month simple moving average, the positions is listed as "Invested".

Investors poured $31.6 billion into equity funds in November: TrimTabs
Dec. 01, 2013 - Thomson Reuters -  

(Reuters) - Investors poured $31.6 billion into all equity mutual funds and exchange-traded funds in November, favoring equities over bonds for a sixth straight month, data from TrimTabs Investment Research showed on Sunday.

However, flows into equities moderated from October, with flows into exchange traded funds picking up, and investors favored U.S. equity funds over offshore funds.



This Could Be The Perfect ETF For A Roth IRA
Nov. 29, 2013 - seekingalpha.com -  

I am on the hunt for the best investments for a Roth IRA account. In a previous article, I listed the company Realty Income Corp. (O) as one of the most attractive stocks for this type of account, due to the company's long-term track record of adding shareholder value. This is just one stock I like for the long-term and there are several other solid candidates which I will discuss in future articles.

However, I certainly wouldn't recommend owning just one or two stocks in a Roth IRA account and I absolutely recommend investors diversify their retirements accounts with a low-cost ETF.



International Bond ETFs To Hedge Against Rate Risk At Home
Nov. 26, 2013 - seekingalpha.com -  Instead of shifting down fixed-income assets as a hedge against rising rates from a three-decade low, investors can consider foreign bond exchange traded funds that are less affected by U.S. rate risks.

"High-quality international bonds offer a simple way to buffer a bond portfolio from rising interest rates," Chris Philips, a senior analyst in Vanguard's Investment Strategy Group, said in an InvestmentNewsarticle.

The ETF professor: Nasdaq director takes indexing to the classroom
Nov. 26, 2013 - Thomson Reuters -  

(Reuters) - When Nasdaq OMX Global Indexes director David Krein was a business school student in the late 1990s, the term "exchange-traded fund" was little known to most of Wall Street, let alone a university classroom.

Now, Krein, who heads index research at Nasdaq, is teaching what he and his industry colleagues are calling a first-of-its-kind MBA course focused exclusively on indexing and ETFs - securities that often track an index or a basket of shares and can be traded in real time like stocks.



Salmon: Why Guru ETFs Beat Human Gurus
Nov. 26, 2013 - The Street -  NEW YORK (Reuters Blogs) -- Wall Street is no place for shrinking violets, but even by New York standards, Jason Ader has some serious chutzpah: He said last week "the proliferation of index funds and exchange-traded funds" helps activist investors like himself make money.

The Market Hits All-Time High. So What?
Nov. 24, 2013 - seekingalpha.com -  

With the U.S. stock market repeatedly reaching all-time highs in recent weeks, many investors are becoming leery of investing in stocks. Focusing on the market's level is a mistake, in our view. It's market valuation, not level, that matters.

Since 1900, the S&P 500 Index has been close to (within 5%) of its prior peak almost half the time. There's a simple reason for this. The stock market goes up over time, along with the economy and corporate earnings. As a result, the market typically has regained its prior peak level fairly quickly after dropping. Then, it has resumed its upward march (Display 1).



Climate Change Debate Weighs On Coal ETF
Nov. 24, 2013 - seekingalpha.com -  

The coal exchange traded fund outlook looks murky as large investors, and even developed countries, pull out of coal-fueled energy over greenhouse gas emission concerns.

Storebrand ASA, which manages $74 billion in assets in Norway, dumped 24 coal and oil-sands companies, including Peabody Energy Corp. (NYSE:BTU), the largest U.S. coal producer, in an attempt to reduce fossil fuel holdings, Bloomberg reports.

Recently, Norway's Labour Party proposed banning the $800 billion sovereign wealth fund from holding coal investments.



3 ETFs to Consider While Interest Rates Are Low
Nov. 23, 2013 - The Street -  

NEW YORK (ETF Expert) -- I have met David Kotok, chief investment officer at Cumberland Advisors, at several conferences in which we have both been speakers. He is intelligent, amiable and approachable.

Recently, I read an article by Kotok on whether or not Federal Reserve tapering constituted tightening. He suggested that it may not be. He also maintained that Cumberland would remain fully invested because it will take the world's economies many years before reaching a stage in which they will need to deal with maturing assets on the balance sheets of their central banks.



Why Guru ETFs Beat Human Gurus
Nov. 21, 2013 - seekingalpha.com -  Wall Street is no place for shrinking violets, but even by New York standards, Jason Ader has some serious chutzpah: he said Wednesday that “the proliferation of index funds and exchange traded funds” helps activist investors like himself make money.

These big investors are rarely holding “management accountable for underperformance and are not pressuring boards to hold management accountable for underperformance,” Ader said at the Reuters Global Investment Summit.

ProShares Set To Add First Short-Term EM Bond ETF
Nov. 20, 2013 - seekingalpha.com -  

Many have begun shifting around bond allocations to hedge against the rising rate environment. On Thursday, investors will also be able to diminish risk in emerging market bond exposure with a new ProShares exchange traded fund.

The ProShares Short Term USD Emerging Markets Bond ETF (EMSH)will reportedly launch Thursday, Nov. 21.

According to the updated prospectus, EMSH will try to reflect the performance of the DBIQ Short Duration Emerging Market Bond Index, which is comprised of bonds issued from 19 emerging markets. EMSH has a 0.50% expense ratio.



ETRACS' New Leveraged Multi-Asset ETN Comes With A 13% Yield
Nov. 20, 2013 - seekingalpha.com -  

Investors can now super charge their income portfolio with UBS's new leveraged diversified high income exchange traded note.

The ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN (DVHL), which began trading last week, tries to generate the variable monthly coupon linked to 2 times the net cash distributions of the underlying index, NYSE Diversified High Income Index, which comes out to be 13.63%, according to a press release.

The new ETN is a leveraged version of the ETRACS Diversified High Income ETN (DVHI), which launched in September. DVHI's index yield is 7.71%.

DVHL's leverage component is reset monthly, unlike most other exchange traded funds that track holdings on a daily basis. Consequently, investors may hold the ETN for a longer period, but the performance can still diverge over extended periods due to compounding effects.



Generate Income Through Horizons Financial Sector Covered Call ETF
Nov. 20, 2013 - seekingalpha.com -  

Horizons ETFs, a new player in the U.S. exchange traded fund scene, is expanding its line of income generating strategies with a financial sector-focused covered call fund.

The Horizons S&P Financial Select Sector Covered Call ETF (HFIN)began trading Monday, November 18, according to a press release. HFIN has a 0.70% expense ratio.

The new ETF tries to reflect the performance of the S&P 500 Financial Select Sector Stock Covered Call Index, which sells or "writes" covered call options on up to 100% of securities in the portfolio with a goal of generating monthly income.



ETF Association Goes Dark; Lack of Demand Cited
Nov. 20, 2013 - Barron's -  

The exchange-traded fund business is expanding at a rapid clip. Here’s what’s not expanding: The number of fund executives who want an ETF-specific advocacy group in Washington.

If you noticed the website for the National Exchange Traded Funds Association these days contains a bunch of unrelated headers like “Yosemite National Park” and “National Car,” that’s because the organization is defunct.



Funds With Benefits: ETFs That Track A Major Index For You
Nov. 18, 2013 - The Street -  

James Dennin, Kapitall: ETFs that track an index are kind of like mutual funds behaving like stocks. If that seems confusing, read on.

One way for investors to combine the diversification of a mutual fund with the benefits of trading stocks is to look at exchange traded funds (ETFs). Invented in 1993, ETFs trade on public exchanges exactly like stocks, but contain bundles of assets, sort of like a mutual fund. 


How To Find The Best Sector ETFs
Nov. 18, 2013 - seekingalpha.com -  

Finding the best ETFs is an increasingly difficult task in a world with so many to choose from.

You Cannot Trust ETF Labels

There are at least 44 different Financials ETFs and at least 174 ETFs across all sectors. Do investors need that many choices? How different can the ETFs be?

Those 44 Financials ETFs are very different. With anywhere from 22 to 536 holdings, many of these Financials ETFs have drastically different portfolios, creating drastically different investment implications.



A Buffett Pop for Energy ETFs?
Nov. 15, 2013 - ETF Trends -  

Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) acquired 40 million shares of Dow component Exxon Mobil (NYSE: XOM), the largest U.S. company, during the third quarter, according to filing with the Securities and Exchange Commission.

Based on Thursday’s closing prices, Berkshire’s Exxon stake was worth $3.74 billion. Berkshire hasn’t held any ExxonMobil since the end of 2011, when it sold a relatively small stake of 421,800 shares,according to CNBC.



Paulson & Co's gold ETF stake unchanged in Q3
Nov. 14, 2013 - Thomson Reuters -  

Nov 14 (Reuters) - Paulson & Co held onto its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund, in the third quarter, after the prominent hedge fund more than halved its stake in the second quarter when bullion prices plummeted.

The New York-based firm, led by longtime gold bull John Paulson, owned 10.2 million shares in the ETF on Sept. 30, unchanged from its holdings on June 30, a filing with the U.S. Securities and Exchange Commission showed on Thursday.



Emerging Markets Nearing New Bull Market Lows In Relative Strength
Nov. 14, 2013 - seekingalpha.com -  

Following up on Tuesday's post discussing how emerging markets were holding on for dear life, we wanted to highlight their relative strength compared to the S&P 500. The chart below shows the relative strength of the emerging market ETF (EEM) compared to the S&P 500 ETF (SPY). A rising line indicates that emerging markets are outperforming the S&P 500 and vice versa when the line is falling.

The current bull market in US equities started out with emerging markets outperforming the S&P 500. After the first year and a half, though, there was a notable shift where the US took the leadership role. Since then, it has been a pretty steady decline in relative strength of emerging markets. In fact, in early July, EEM hit a bull market low on a relative basis.



China ETF Investors Can Mix And Match Flavors
Nov. 14, 2013 - ETF Trends -  

Exchange traded fund investors can now directly access Chinese A-shares through Deutsche Bank's latest offering, but traders may have to incorporate other funds to gain total access to China's market.

The db X-trackers Harvest 300 CSI China A-Shares Fund (ASHR)has exposure to about two-thirds of the market capitalization of Chinese stocks, reports Eric Balchunas for Bloomberg.

A-shares include Chinese companies incorporated on mainland China that are traded on the Shanghai or Shenzhen exchanges. Foreign investors must qualify as a Renminbi Qualified Foreign Institutional Investor (RQFII) under Chinese regulations to trade A-shares.



Danger Zone: Small Cap Value ETFs And Mutual Funds
Nov. 13, 2013 - seekingalpha.com -  

Check out this week's Danger Zone interview with Chuck Jaffe of Money Life and MarketWatch.com.

Small Cap Value ETFs and mutual funds are in the Danger Zone this week. The Small Cap Value style ranked last out of twelve fund styles in my Style Rankings For ETFs and Mutual Funds report.

Of the 277 Small Cap Value ETFs and mutual funds under our coverage, 266 earn a Dangerous-or-worse rating. No ETF or mutual fund in the Small Cap Value style earns better than a Neutral rating.



Trading Sector ETFs Instead of Specific Stocks
Nov. 13, 2013 - The Street -  NEW YORK (TheStreet) -- Investing in sector exchange-traded funds is a way to allocate assets to a stock market segment without having running the risk of picking individual names.

During this third-quarter earnings season, more stocks than usual have been sent to the woodshed with price declines on missed revenue or profits, or even disappointing guidance. Investors choosing to stay with a stock after its been driven downward must decide whether the company in question warrants a longer term approach. It's safe to say that Wall Street downgrades on disappointing earnings are likely to push shares down even further.

New ETF Offers Direct Access to China's A-Shares

Nov. 11, 2013 - The Street -  NEW YORK (TheStreet) -- The DB X-Trackers Harvest CSI 300 China A-Shares Fund (ASHR) is generating a stir in the exchange-traded fund universe, because it's the first ETF to own shares directly of Chinese A-shares.

Other ETFs, such as the PowerShares China A-Share Portfolio (CHNA_) and the Market Vectors China ETF (PEK)
have offered exposure to these Chinese stocks, but only indirectly, via futures contracts.

It's not easy for non-Chinese investment firms to buy A-shares. They must be granted status as a qualified foreign institutional, and neither PowerShares nor Market Vectors enjoys that status.

How to Add Alpha Using Tactical ETFs
Nov. 11, 2013 - The Street -  NEW YORK (FMD Capital Management) -- Constructing a well-balanced portfolio takes time, tools and discipline in order to implement a plan that will meet your goals. My preferred investment vehicle to construct a diversified portfolio is the exchange-traded fund. I love ETFs because they are low cost, transparent, liquid and easy to trade. They allow you the ability to set automatic stop losses as a function of managing risk and have greater flexibility than a traditional mutual fund.

Funds That Play the IPO Market
Nov. 08, 2013 - WallStreetJournal -  This year's bounty of strong initial public offerings— Twitter's TWTR +2.52% among them—is buoying the few mutual funds and exchange-traded funds that specialize in them.

This year through Thursday, there have been 194 IPOs in the U.S., which have raised $46.8 billion in assets, according to IPO fund manager Renaissance Capital, the most since 2007. Globally, 237 issues have raised $108.6 billion, the firm says


Vanguard picks ETF ace to run $750 billion bond group
Nov. 04, 2013 - Thomson Reuters -  

(Reuters) - Vanguard Group, the No. 1 U.S. mutual fund company, said on Monday that Gregory Davis, a major force behind the launch of bond exchange-traded funds, will become the chief of its fixed-income group, which has $750 billion in assets.

Davis, 43, will replace Robert Auwaerter, who is retiring in March after more than 30 years with Vanguard, where he oversaw exponential growth in bond assets.



Biotech ETFs: More Tricks Than Treats In October
Nov. 04, 2013 - seekingalpha.com -  

Biotech exchange traded funds, market leaders for much of this year, stumbled in October as the government shutdown had an unexpectedly debilitating affect on the high-flying sub-industry.

The iShares Nasdaq Biotechnology ETF (IBB), which tracks large biotech or pharmaceutical companies listed on the Nasdaq, declined 3.3% in October. IBB is still up 51.1% year-to-date.



Best Ranked Leveraged Long ETFs Offer 70%+ Gain Rates
Nov. 01, 2013 - seekingalpha.com -  

Price volatility of leveraged long ETFs often offer appealing opportunities to active investors, and the present is no exception. This article updates a similar review of a month ago.

We get the best possible look at probable coming prices for these ETFs by using Intelligent Behavioral Analysis. It is done by seeing how the agents that facilitate portfolio-adjusting volume trades hedge the at-risk positions they must take to get desired trades filled for market-moving, big-money-fund clients. What those pros are paying for protection, and the way the hedges are structured tell what is believed may be likely.



President Xi Boosts China Stock ETFs, Defying Housing Bubble Critics
Oct. 31, 2013 - seekingalpha.com -  Scores of personalities have gone on the record, insisting that China will be the epicenter for the next housing collapse. Most of those analysts have never lived in Hong Kong, Taiwan, or China; I spent four years in the region. Nevertheless,others have continued to highlight "ghost towns" and "unsustainable" property prices as a means to highlight irrational exuberance in the world's second-largest economy.

4 ETFs That Have Haunted Investors All Year
Oct. 30, 2013 - seekingalpha.com -  With the stock market sitting near all-time highs, often times ETFs that have languished fly under the radar as investors focus on the euphoria of unrealized gains. The natural inclination is to keep pouring new money into stocks that are performing well, which is exactly what recent data suggests has been happening. So far this year investors have addedmore than $277 billion into stock ETFs and mutual funds. That is the single biggest year of inflows to stock funds since 2000, which suggests that optimism is high despite the risks of a correction.

High-Yield Investors Could Find Better Returns In Stock ETFs
Oct. 29, 2013 - seekingalpha.com -  

In a bull market and rising interest rate environment, high-yield, or "junk," bond investors could begin thinking about switching over to stock exchange traded funds.

Mike Roberge, chief investment officer at MFS Investment Management, argues that stock returns could begin to outpace high-yield bonds, reports Jason Kephart for InvestmentNews.



Mortgage REITs, ETFs Slammed: Time For a Closed-End Fund?
Oct. 29, 2013 - Barron's -  

The ugly trading Tuesday in mortgage real-estate investment trusts and the funds tracking them is something of a contrast to what’s happening in closed-end funds, which just underscores the value of being diversified.

The selloff, as Mike Aneiro explains over at Barron’s Income Investing, follows Sterne Agee’s call for American Capital Agency Corp. (AGNC) to cut its quarterly dividend from 80 cents to 50 cents. AGNC’s 8.6% slump is a driver of the 3.5% slide in iShares Mortgage Real Estate Capped ETF (REM) and Market Vectors Mortgage REIT Income ETF (MORT). Both ETFs are at two-week lows, reflecting glum investor opinion.



ProShares S&P 500 Aristocrats ETF Should Deliver Steady Returns
Oct. 28, 2013 - The Street -  

NEW YORK ( /TheStreet ) -- Conservative investors have good reason to considerProShares S&P 500 Aristocrats (NOBL_), a new passive exchange-traded fund.

To win a place in the S&P fund, a company must have raised its dividend for 25 consecutive years. Businesses that have passed the test tend to have steadily growing earnings, strong balance sheets and a corporate culture that is committed to raising dividends.


Why Did The Uranium Mining ETF Advance On Its Highest Volume In 3 Years?
Oct. 28, 2013 - seekingalpha.com -  

Earlier this summer, I wrote an article highlighting the undervalued uranium miners (URA) and why it could breakout in the second half of this year. Even the big banks such as JPMorgan are predicting uranium prices could move to $90 in 2016.

This means that from a conservative estimate investors may see a double according to the JP Morgan forecast over the next two years, but some uranium bulls such as myself believe there is the potential for a ten bagger or a price spike that mirrors the 2007 bubble on the near term horizon.



How Much Can You Make From A Guggenheim BulletShares High Yield Bond ETF?
Oct. 24, 2013 - seekingalpha.com -  Recent release of defined maturity (or target date or fixed maturity) bond ETFs from Guggenheim BulletShares or iShares have generated quite some interests among fixed income investors. These ETFs hold a collection of bonds that have the same (or similar) maturity dates. Presumably, if one buys into these ETFs and hold till maturity, she/he will not be subject to interim bond price fluctuation and can just collect coupons or interests and get principals (not necessarily all of them but most of them) back when the ETF matures.

How Well Do You Know ETFs?
Oct. 24, 2013 - Forbes -  A friend recently bought theVanguard FTSE Europe ETF (VGK) after reading an encouraging report of growth inEurope. He commented that he only uses exchange-traded funds (ETFs) today because he can “get his money back faster” than if he bought a mutual fund. That led to an interesting conversation about ETFs.

Investment Style Rankings For ETFs And Mutual Funds
Oct. 24, 2013 - seekingalpha.com -  

No fund style earns better than a Neutral rating going into 4Q13. My style ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each style.

Investors looking for style funds that hold quality stocks should look no further than the Large Cap Blend, Large Cap Value, All Cap Blend, Large Cap Growth, All Cap Value and All Cap Growth styles. Only these styles house Attractive-or-better rated funds. Figures 6 and 7 provide details. The primary driver behind an Attractive fund rating is good portfolio management, or good stock picking, with low total annual costs.



Singapore Exchange in talks with HK-listed yuan ETFs on 2nd listing
Oct. 24, 2013 - Thomson Reuters -  

Oct 24 (Reuters) - Singapore Exchange Ltd has approached fund houses who have yuan exchange-traded funds listed in Hong Kong to consider the possibility of a second listing in the city-state, a senior exchange executive said on Thursday.

Another listing would provide a broader range of offshore yuan products for investors, Singapore Exchange executive vice president Chew Sutat told Reuters on the sideline of the Asia Securities Forum.



KCG Holdings Hires Chris Hempstead to Head ETF Sales

Oct. 23, 2013 - WallStreetJournal -  

KCG Holdings Inc. (KCG) hired former WallachBeth LLC exchange-traded-fund specialist Chris Hempstead to head its ETF sales team, the latest in a string of moves by some of Wall Street’s highest-profile ETF traders in the wake of Getco LLC’s acquisition of Knight Capital Group Inc.

A KCG spokeswoman said Mr. Hempstead will join KCG on Oct. 28. Mr. Hempstead left WallachBeth earlier this month, having served there as director of ETF execution since January 2012.



Emerging Markets Exposure With Value And Growth ETF Styles
Oct. 23, 2013 - seekingalpha.com -  

Emerging market equities are moving out of their slump, and with exchange traded funds, investors can also cherry pick outperforming areas and investment styles.

The iShares MSCI Emerging Markets ETF (EEM) has been a typical go-to investment tool for many investors as a way to gain market exposure to developing economies. EEM has gained 4.1% over the past month and 8.5% over the last three months.

Emerging market stocks experienced a sell-off earlier as investors speculated on an end to easy money. However, the Fed's decision to keep accommodative measures unchanged has helped emerging stocks rally.



Best And Worst ETFs, Mutual Funds And Key Holdings: Telecom Sector
Oct. 22, 2013 - seekingalpha.com -  

The Telecom sector ranks fifth out of the ten sectors as detailed in mySector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 4 ETFs and 12 mutual funds in the Telecom sector as of October 10th, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.

Figure 1 ranks from best to worst the four Telecom Services ETFs and Figure 2 shows the five best and worst-rated Telecom Services mutual funds. Not all Telecom sector ETFs and mutual funds are created the same. The number of holdings varies widely (from 24 to 54). This variation creates drastically different investment implications and, therefore, ratings. The best ETFs and mutual funds allocate more value to Attractive-or-better-rated stocks than the worst ETFs and mutual funds, which allocate too much value to Neutral-or-worse-rated stocks.



Morning Read: Another Huge Bank Eyes the ETF Market
Oct. 22, 2013 - Barron's -  Fund watch: It turns out J.P. Morgan Asset Management has designs on the boom in so-called “smart beta” exchange-traded funds. As the Barron’s Focus on Funds blog reported last night, the company’s planned JPMorgan Global Equity ETF was disclosed in a Monday evening regulatory filing

Indexed Commodities a Drag? First Trust ETF to Go Active
Oct. 21, 2013 - First Trust -  

There’s the cha-cha and the boogie-woogie. Then there’s the contango. This is one of the thingsFirst Trust’s next commodity ETF will attempt to dance.

First Trust Global Tactical Commodity Strategy Fund, launching Wednesday under the ticker FTGC, is interesting because it won’t track a major commodity benchmark like the Dow Jones-UBS Commodity Index or the S&P Goldman Sachs Commodity Index. This will be an actively managed fund for the commodity markets, and it’s also an ETF.



Capitalize On The U.S. Oil Boom With Yield-Generating MLP ETFs
Oct. 15, 2013 - seekingalpha.com -  

As the U.S. overtakes Russia as the world's largest producer of oil and natural gas, exchange traded fund investors could take advantage of the growing revenue streams from master limited partnerships.

The U.S. extracted about 22 millions a barrels a day of oil, natural gas and related fuels in July, whereas Russia puts its 2013 oil and gas production at around 21.8 million per day, the Wall Street Journal reports.



PowerShares’ Newest ETF Will Aim For China’s ‘A Shares’
Oct. 08, 2013 - Barron's -  NYSE Arca just gave word of an unusual new exchange-traded fund set for launch Thursday: A fund that aims eventually to invest in China’s hard-to-reach domestic stock market, known as A-Shares.

New MLP Funds Aim to Ease Tax Burden
Oct. 08, 2013 - WallStreetJournal -  

Investors looking to tap into master limited partnerships fueling America's energy boom often find exchange-traded funds and mutual funds a clumsy way to enter the field.

The tax burden of owning a fund investing in pipeline operators and related service providers can be onerous. By some estimates, funds that load up on such fare can lose up to 39% of their returns to federal and state corporate taxes.



Sector Rankings For ETFs And Mutual Funds
Oct. 08, 2013 - seekingalpha.com -  

At the beginning of the fourth quarter of 2013, only the Consumer Staples sector earns an Attractive rating. My sector ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each sector.

Investors looking for sector funds that hold quality stocks should look no further than the Consumer Staples and Info Tech sectors. Only these sectors house Attractive-or-better rated funds. Figures 6 and 7 provide details. The primary driver behind an Attractive fund rating is goodportfolio management, or good stock picking, with low total annual costs.



Cheap Fees, Tight Spreads Help Vanguard S&P 500 ETF Pick Up Assets
Oct. 08, 2013 - seekingalpha.com -  

A Vanguard exchange traded fund is garnering interest as a low-cost fund option to track the S&P 500, with one wealth management firm also pointing to diminishing implicit costs from the bid-ask spread.

Bestinvest is recommending its clients to take a look at the Vanguard S&P 500 ETF (VOO) as the ETF option for exposure to the S&P 500, reports Matthew Jeynes for FTAdviser.



Bats Lands BlackRock To Start European ETF Exchange
Oct. 07, 2013 - WallStreetJournal -  

Bats Chi-X Europe, the region's largest equities trading platform, has been endorsed by BlackRock Inc. BLK -0.84% for its new exchange-traded fund platform.

From next month, the fledgling stock exchange will list two of BlackRock's iShares ETFs as secondary listings: the iShares MSCI Emerging Markets Ucits ETF andiShares MSCI World Minimum Volatility MINV.LN -0.29% Ucits ETF.



Don't Give Up on Real-Estate Funds
Oct. 06, 2013 - WallStreetJournal -  The Fed's planned "taper" has been tough on real-estate mutual funds and exchange-traded funds.

After generally rising strongly over the past few years, the funds have fallen an average of about 12% since late May, when the Federal Reserve signaled it might soon scale back its bond-buying program and interest rates started to climb. (Although the Fed surprised the market in September by maintaining its monthly bond purchases, most see the move as only temporary.)


Worried About Rising Rates? Consider a Bank-Loan Fund.
Oct. 06, 2013 - WallStreetJournal -  In anticipation of rising interest rates, many investors are turning to funds that hold debt with variable interest rates that adjust periodically to market conditions.

One option among exchange-traded funds is First Trust Senior LoanFTSL -0.01% (ticker: FTSL). Like its peers, this actively managed ETF invests mainly in floating-rate loans made by banks to businesses with below-investment-grade credit ratings. The $69 million fund, which launched in May, is led by Bill Housey, a veteran institutional fund manager whose team oversees more than $1 billion in assets.


New WisdomTree ETF Targets Emerging Market Consumer Growth
Oct. 02, 2013 - seekingalpha.com -  

Many emerging economies are shifting away from an export-oriented growth model and moving toward sustainable domestic growth instead. Investors can gain exposure to this new trend through WisdomTree's new emerging market consumer growth exchange traded fund.

According to a press release, the WisdomTree Emerging Markets Consumer Growth Fund (EMCG) started trading Friday, September 27.



ETF Categories That Just Keep On Winning
Sep. 30, 2013 - seekingalpha.com -  Stocks as an asset class have shrugged off a wide variety of risks throughout the year. Sequestration failed to derail equity enthusiasm. The May-June interest rate spike did little to deter dip-buyers. And I suspect that any actual downside for the markets in October, whether caused by political strife or disappointing economic data, will ultimately be viewed as yet another buying opportunity. Indeed, investors are confident that the Federal Reserve is looking out for them.

Steady Funds for Rough Markets
Sep. 30, 2013 - The Street -  

When bull markets arrive, however, investors favor high-volatility stocks in sectors such as technology and industrials. Those companies often report earnings surges in better economic times. In comparison, utilities and staples businesses seem like stodgy performers with slow growth.

Following the financial crisis, low-volatility stocks recorded unusually strong performance. Nervous investors flocked to utilities and other dividend-paying blue chips. That pushed price-earnings ratios up to unusually high levels.



New Wave of Active ETFs Could Come from Mutual Fund Providers
Sep. 29, 2013 - ETF Trends -  

Actively managed exchange traded funds only make up a fraction of the ETF universe, but activity is picking up as more mutual funds look at this segment as their way into the growing industry.

Over the past two months, Guggenheim Partners, Eaton Vance and Precidian Investments have received comments from the Securities and Exchange Commission to launch new types of actively managed ETFs,Bloomberg reports. [Fund Firms in No Hurry to Launch Active ETFs: Report]



Vietnam ETF Could Offer A Year-End Surprise
Sep. 25, 2013 - seekingalpha.com -  

Southeast Asia has not been immune from economic controversy this year.

ETFs tracking Indonesia, the region's largest economy, have plummeted due to the country's widening account deficit and sagging rupiah. TheiShares MSCI Malaysia ETF (EWM) look good for a minute after national elections there earlier this year, but the fund wilted in the face of Federal Reserve tapering chatter. And the list goes on.

The Market Vectors Vietnam (VNM) has not been immune from the tumbles experienced by other Southeast Asia ETFs. As was the case last year, VNM has gone through another summertime swoon in 2013. When things get tough for VNM, the problems are usually attributable to Vietnam's banking sector. The financial services sector accounts for nearly a third of VNM's weight.



Relative Strength By Market Cap
Sep. 25, 2013 - seekingalpha.com -  Whenever you talk about which sectors of the market are working, market cap is one aspect that is usually overlooked. In the charts below, we highlight the relative strength of each S&P sector compared to its corresponding index across all three market cap levels (S&P 500 large cap, S&P 400 mid cap and S&P 600 small cap).

Emerging Market ETF Leads S&P 500 For 4th Straight Week
Sep. 25, 2013 - seekingalpha.com -  After the trailing developed markets for the better part of the year, left-for-dead emerging market exchange traded funds are beginning to outpace the S&P 500 on the Fed's more dovish stance.

JPMorgan Delisting 3 ETNs But Only Liquidating 2
Sep. 24, 2013 - seekingalpha.com -  Some ETP sponsors make shareholder satisfaction a top priority while others exhibit little concern for their shareholders. JPMorgan Chase & Co. (JPM) appears to be a member of the latter group. Last Friday (9/20/13), JPMorgan announced its intent to delist the KEYnotes First Trust Enhanced 130/30 Large Cap Index ETN (JFT), but owners will not get their cash back because it isn’t redeeming the notes.

Long The S&P 500? Implications Of The Upcoming Vanguard ETF Reverse Split
Sep. 24, 2013 - seekingalpha.com -  Vanguard is the world's largest mutual fund company and one of the world's largest investment management companies, managing more than $2.5 trillion in global assets. The firm offers more than 160 funds to U.S. investors and more than 80 additional funds in non-U.S. markets. IN an effort to make one of its investment vehicles more attractive, Vanguardannounced September 11, 2013 that it is going to conduct a reverse share split on its popular Vanguard S&P 500 ETF (VOO). What is interesting about the VOO being reverse split is that it has not been slowly decaying toward zero. 

Winklevoss Twins Make A Case For The Digital Currency ETF
Sep. 19, 2013 - seekingalpha.com -  Bitcoins, the digital currency, are the best performing asset of 2013, even after a quick boom-and-bust cycle earlier this year. Exchange traded fund investors may soon be able to gain exposure to the strengthening currency as the Winklevoss twins push for wider awareness

Another Look At High-Yield Bond ETFs
Sep. 19, 2013 - seekingalpha.com -  Junk bond exchange traded funds provide attractive yields, but the asset class category exposes investors to specific credit risks. The yield on speculative grade debt depends on the time horizon for when the bond is repaid and the creditworthiness of the issuer, writes John Waggoner forUSA Today.

Some Dividend ETFs Prove Sturdy As Rates Rise
Sep. 18, 2013 - seekingalpha.com -  

Rising interest rates have had the predictable consequence of weighing on an array of income-generating asset classes and sectors, including MLPs and REITs.

At the sector level, those vulnerable to soaring Treasury yields include consumer staples, telecom and utilities.

Although 10-year Treasury yields have slumped 3.2 percent in the past five days, those yields are still higher by nearly 33 percent over the past 90 days. Hovering around 2.84 percent, 10-year Treasury yields are now higher than some marquee dividend ETFs, including the Vanguard Dividend Appreciation ETF (VIG).



Calamos Details Plan for Active ETF
Sep. 17, 2013 - Barron's -  

Mutual-fund purveyor Calamos Funds plans to build a stock ETF that doesn’t track an index. Think active fund management with the ETF’s all-day tradability.

Calamos detailed plans for an actively managed stock exchange-traded fund in regulatory paperwork dated Sept. 13. Here’s how the company explains its vision for the Calamos Select Growth ETF:



iShares Heats Up Competition In Currency-Hedged ETF Space
Sep. 17, 2013 - seekingalpha.com -  

With prospects of higher interest rates and a strengthening U.S. dollar, investors are beginning to use currency-hedged equity exchange traded funds to mitigate currency fluctuations, and now BlackRock's iShares wants in on the space.

BlackRock's iShares ETF arm is working on three currency-hedged ETFs based on Japan, Germany and the EAFE countries, reports Brendan Conway for Barron's. The ETFs will mitigate fluctuations between the currencies and the U.S. dollar through foreign currency forward contracts.



Calamos: First ETF Will Be Active Growth
Sep. 16, 2013 - IndexUniverse -  Calamos ETF Trust, a Naperville, Ill. money manager new to the ETF game, filed a prospectus that would bring its first exchange-traded fund onto market to compete within a small-niche corner of the ETF universe: actively managed equity funds focused on growth.

3 ETFs To Watch This Week
Sep. 16, 2013 - seekingalpha.com -  

It was just a few weeks ago that investors were put on red alert that a rough September was in the offing.

That has not been the case this month as September's reputation for being a dreadful month for the bulls is nearly out the window, particularly after last week saw U.S. stocks notch their best weekly performance since January.



High-Yield Bond ETFs Holding Their Ground Amid Rising Rates
Sep. 13, 2013 - seekingalpha.com -  

High-yield, speculative grade, junk bond exchange traded funds hold up against other fixed-income assets in a rising interest rate environment.

The iShares iBoxx High Yield Corporate Bond (HYG) gained 1.4% year-to-date and SPDR Barclays High Yield Bond (JNK) is up 1.1%.

Most fixed-income assets have been selling off as yields on benchmark 10-year Treasuries rose from its 1.63% low in May to as high as 3.0% earlier this month. Bond prices and yields have an inverse relationship, so rising rates translate to lower prices.



ETF Stats For August 2013 - AUM Drops $49 Billion
Sep. 06, 2013 - seekingalpha.com -  Fourteen new ETFs came to market in August, and one closed. The net increase of thirteen pushes the listed exchange traded product count above 1,500 for the first time. The month ended with 1,504 ETPs (1,299 ETFs and 205 ETNs) listed and available for trading in U.S. markets, even though 164 did not see any action on the last day of the month.

Unique China ETFs In Rally Mode
Sep. 06, 2013 - seekingalpha.com -  

Reports of the demise of China ETFs were greatly exaggerated. The most recent economic data points out of the world's second-largest economy have been decent.

Add to that, some investors appear to be embracing the notion that Chinese stocks are attractively valued and trading at discounts to other large emerging markets, including Brazil.



Fight Rising Rates With International, Short-Duration Bond ETF
Sep. 06, 2013 - seekingalpha.com -  

By investing in international debt or bonds with shorter durations, bond exchange traded fund investors can diversify away from rising rates in the U.S. Specifically, investors can take a look at a relatively new PowerShares ETF that combines both hedging themes.

The PowerShares Global Short Term High Yield Bond Portfolio (PGHY) tries to reflect the performance of the DB Global Short Maturity High-Yield Bond Index, which tracks foreign, short-term, non-investment grade debt denominated in U.S. dollars. PGHY has a 0.35% expense ratio and a 3.79% 30-day SEC yield.



Dividend ETFs To Guard Against Volatile Markets

Sep. 04, 2013 - seekingalpha.com -  

With the equities market showing greater volatility, investors can take a look at dividend exchange traded funds that hold up during tougher times while generating some cash on the side.

"We believe that when pullbacks happen, dividend stocks fare better than others because their yields provide downside protection," Geoffrey Mrema and Todd Rosenbluth, S&P Capital IQ, said in a MSN article.



Bank Loan ETFs For Yield And As A Rising Rate Hedge
Sep. 04, 2013 - seekingalpha.com -  

Many have taken up speculative grade debt to augment their portfolio's yield potential. Alternatively, investors can take a look at senior loanexchange traded funds that provide above-average yields while mitigating the effects of higher interest rates.

Senior floating-rate bank loans are a type of variable-rate, senior secured debt instruments issued by below-investment-grade companies. The bank loans have a variable rate that adjusts every 30-90 days and are set at a specific level above LIBOR - the duration of a bank-loan fund is near zero.



ETF Fees Creep Higher
Sep. 02, 2013 - Forbes -  

The net expense ratios of exchange-traded products (ETPs) continue to creep higher. The average net expense ratio (ER) grew from 0.61% to 0.62% during the 12-month period ending in June 2013 according to data provided byMorningstar. The increase is a result of new product development that has focused on more complex strategies and alternatives to stocks and bonds.

ETPs include exchange-traded funds (ETFs), exchange-traded notes (ETNs), grantor trusts, partnerships and other products that have an intraday share or creation and redemption mechanism.   ETFs dominate the industry. They account for roughly 80% of all products and 90% percent of all assets.



AdvisorShares Peritus Active Junk Bond ETF Bucks Trend, Sports 8% Yield
Aug. 30, 2013 - seekingalpha.com -  

An actively managed high-yield, speculative grade bond exchange traded fund has held up remarkably well as interest rates rise. Bond investors should keep in mind that in a rising interest rate environment, various fixed-income assets will react differently.

The AdvisorShares Peritus High Yield ETF (HYLD) has gained 7.3% year-to-date, while the SPDR Barclays Capital High Yield Bond ETF (JNK) is up 0.9% and iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is 1.4% higher.



Floating Your Money Boat
Aug. 28, 2013 - seekingalpha.com -  

Forget what your Mom told you. You can float through life. That’s the message the markets have been sending investors over the past 18 months.

Thanks to some recently introduced exchange-traded products, you can make either side of your portfolio—equity or debt—float. So to speak.

Perhaps some definitions are in order because the word “float” means something different to stock investors than it does to bondholders. On the equity side, float refers to the number of company shares held by the public. Float, on the debt side, most typically describes coupons that periodically reset to market interest rates.



Ireland ETF Quietly Outperforms Other Developed Markets
Aug. 28, 2013 - seekingalpha.com -  

An exchange traded fund that tracks the Irish equities market is outpacing both Eurozone and U.S. markets on improved exports, a rebounding housing sector and better consumer sentiment.

The iShares MSCI Ireland Capped Index ETF (EIRL) has gained 29.7% so far this year, compared to 11.0% rise in the Vanguard FTSE Europe ETF (VGK) and the 17.7% increase for the SPDR S&P 500 (SPY).

"Ireland has seen its competitive position improve with the country running both current account and trade surpluses while the surplus of Dublin homes for sale appears to have shrunk," Sean Darby, chief global equity strategist at Jefferies in Hong Kong, said in an Irish Times article.



Fundamentals Looking Up For European ETFs
Aug. 27, 2013 - seekingalpha.com -  

An improving macroeconomic picture has been a catalyst for European stocks to recover and begin a growth cycle. Broad-based exchange traded funds that track the region are one of the better ways to gain exposure, according to S&P Capital IQ.

In a recent outlook, Alec Young, S&P Capital IQ global equity strategist, wrote that, "Although the region's growth is finally showing signs of life, the European Central Bank's pledge to maintain aggressive monetary policy accommodation for the foreseeable future has enabled investors to embrace a bullish stance despite mounting liquidity tapering worries elsewhere."



International Dividend ETFs And Rising Interest Rates
Aug. 27, 2013 - seekingalpha.com -  

Rising interest rates have put U.S. markets on edge, but income-oriented investors can branch out to international dividend exchange traded funds that track developed countries with rates rising at a slower pace.

European markets are turning around as the Eurozone breaks out of a recession. U.S. investors also benefit from a strengthening euro currency, writes Eric Dutram for Zacks. Moreover, many European stocks are trading around decent valuations.



Mid-Cap ETFs In The Groove: 3 To Watch
Aug. 23, 2013 - seekingalpha.com -  

Being stuck in the middle may not be so bad for mid-cap stock exchange traded funds that have outperformed their larger counterparts and experienced less volatility than smaller companies.

"There's a case to be made for midcap stocks to be in a sweet spot for investors," Todd Rosenbluth, director of ETF research at S&P Capital IQ, said in a MarketWatch report.

According to S&P, mid-cap companies in the S&P MidCap 400 Index are growing faster and carry less debt than large-cap S&P 500 stocks. Moreover, mid-caps have greater access to capital markets than small-caps.



Mid-Cap ETFs In The Groove: 3 To Watch
Aug. 23, 2013 - seekingalpha.com -  

Being stuck in the middle may not be so bad for mid-cap stock exchange traded funds that have outperformed their larger counterparts and experienced less volatility than smaller companies.

"There's a case to be made for midcap stocks to be in a sweet spot for investors," Todd Rosenbluth, director of ETF research at S&P Capital IQ, said in a MarketWatch report.

According to S&P, mid-cap companies in the S&P MidCap 400 Index are growing faster and carry less debt than large-cap S&P 500 stocks. Moreover, mid-caps have greater access to capital markets than small-caps.



Outflows from bond funds increase to $30.3 bln in August -TrimTabs
Aug. 21, 2013 - Thomson Reuters -  

Aug 21 (Reuters) - Investors have withdrawn $30.3 billion from bond funds so far in August as interest rates continue to rise on fears the U.S. Federal Reserve will slow its bond-buying program, data from research provider TrimTabs showed on Wednesday.

Investors pulled roughly $10.6 billion from bond mutual funds and exchange-traded funds during Aug. 16-19 alone, ramping up the latest outflow figure, which spanned Aug. 1-19, TrimTabs chief executive David Santschi said in an interview.



How To Avoid The Worst Sector ETFs
Aug. 21, 2013 - seekingalpha.com -  

Fund holdings affect fund performance more than fees or past performance. Why are there so many ETFs? The answer is: because ETF providers are making lots of money selling them. The number of ETFs has little to do with serving investors' best interests. Below are three red flags investors can use to avoid the worst ETFs:

  1. Inadequate liquidity
  2. High fees
  3. Poor quality holdings


Alternative Energy Mutual Funds Post Stellar Performance, ETFs Variable

Aug. 20, 2013 - seekingalpha.com -  Alternative energy MFs have had stellar returns in the past three and 12 months, all showing gains in the double digits. ETFs have also done well on average, but returns are much more variable, as detailed below.

New Emerging-Market ETF Reaches for Yield
Aug. 20, 2013 - The Street -  

NEW YORK (TheStreet) -- Exchange-traded fund provider Emerging Global has been very active lately with new fund filings and launches.

 

Its newest fund is the EG Shares EM Dividend High Income ETF (EMHD_).

The underlying index starts with the stocks in the FTSE Emerging All Cap ex-Taiwan Universe and will equally weight the 50 highest-yielding stocks in the universe subject to a liquidity screening. The result is a reported yield for the underlying index of 8.8%. The fund will charge a 0.85% expense ratio, which could put the yield for the fund at a little bit less than 8%.



Bond funds have $19.7 bln outflow so far in August-TrimTabs
Aug. 20, 2013 - Thomson Reuters -  

Aug 19 (Reuters) - Investors have withdrawn $19.7 billion from bond mutual funds and exchange-traded funds so far in August as fears of a pullback in the Federal Reserve's stimulus continue to drive bond selling, data from research provider TrimTabs Investment Research showed on Monday.

The withdrawals from bond funds, which spanned the first 12 trading days of August, have already surpassed the $14.8 billion that was pulled out in all of July, TrimTabs said. Investors have taken $103.5 billion from bond funds since the start of June, the research provider said.



Schwab Enters Smart-Beta ETF Space
Aug. 19, 2013 - The Street -  

NEW YORK (TheStreet) -- As the exchange-traded fund industry has evolved, one area that has received a lot of attention has been "smart beta."

 

Smart-beta funds tweak an existing broad-based, market cap-weighted index such as the S&P 500 to target specific stocks. For example, a smart-beta fund might target low-volatility stocks, or high-volatility stocks, or momentum stocks or stocks with certain fundamentals.



Where The Smart Money Goes When It's Worried About Stock Prices
Aug. 18, 2013 - seekingalpha.com -  

Into a narrow industry focus ETF.

But aren't ETFs just funds of stocks? Won't they get hit just as bad as the market-tracking averages like SPY, DIA, QQQ, or RUT?

Oh, now I get it - pick an ETF that is defensive in nature. One focusing on an industry that has not been caught up in stock euphoria. That's what makes the smart money smart?



Fitch: Rising Prominence of ETFs in the U.S. High Yield Market
Aug. 14, 2013 - Fitch Ratings -  Fitch Ratings-New York-14 August 2013: Exchange-traded funds (ETFs) are playing a more significant role in U.S. fixed income markets, particularly the corporate high yield segment, according to a Fitch Ratings report.

CEF Weekly Review: First Trust Energy Infrastructure
Aug. 11, 2013 - seekingalpha.com -  

Actionable Items:

  • Highest Positive Spread: BlackRock MuniHoldings Quality II (MUE)
  • Focus Stock: First Trust Energy Infrastructure (FIF)
  • Last Week's Focus Stock: JH Financial Opportunities (BTO)
Economy Follows: While the stock market leads, the economy follows. The U.S., Europe, Japan and China will lead the industrial nations from this malaise of recession to a smidgen of economic growth. However, how much is the growth?


Currency Risk in Mutual Funds: Take It or Hedge?
Aug. 04, 2013 - WallStreetJournal -  The yen's sharp fall over the past year has drawn attention to the potential value of currency hedging by foreign-stock funds.

But that doesn't mean the best mutual fund or exchange-traded fund for an investor is necessarily one that tries to nullify or at least mitigate the effects of currency swings like the yen's slump, which has lessened the dollar value of the return on Japanese stocks. That's because those swings can also work in an investor's favor, or at least even out over time.


Investors Shrug Off Big Week for Data, Expect Calm
Jul. 31, 2013 - WallStreetJournal -  

Options prices suggest few investors are expecting to see the market shift direction this week despite a pending Federal Reserve policy statement and several major data releases.

Options prices on the SPDR S&P 500 exchange-traded fund imply investors see moves of just 1.1% in either direction through the end of the week, an average-sized weekly move.

On Wednesday, the S&P 500 index added 0.5% to 1693.66, while the exchange-traded fund rose 0.5% to $169.35. So far this year, the S&P 500 has averaged weekly moves of 1.2%.



Understanding ETF Liquidity
Jul. 31, 2013 - seekingalpha.com -  

ETFs may seem like simple investment products because of their indexed approach. However, because ETFs combine features of mutual funds and individual stocks, their complex inner workings take some time to understand.

Even some financial advisors need to brush up on ETF education, especially when it comes to the funds' liquidity.



Constructing A Robust Absolute Return Portfolio
Jul. 31, 2013 - seekingalpha.com -  

Most investors are familiar with the concept of an absolute return portfolio. As the name suggests, "an absolute return portfolio" strives to provide positive returns over any distinct time period, regardless of the performance of the relevant index, such as the S&P 500 Index.

Clearly, constructing such a portfolio requires asset classes that exhibit return and volatility characteristics that are not correlated to other assets in the portfolio. The earliest attempts were made to construct such portfolios with a mix of long-only assets such as domestic stocks and bonds. Then global securities were added to the mix as well, including developed markets, such as in Europe, emerging markets, and even frontier markets of Africa or South East Asia. Later, alternative strategies were also added to the mix using hedge funds, managed futures, real estate and other esoteric classes such as art and wine.



CEF-ETF Newsletter Archive
Jul. 17, 2013 - Capital Link, Inc. -   

A Dividend-Focused Fund Adds REITs but Yields Few Benefits
May. 28, 2013 - Morningstar, Inc. -  Diversification is an important tool for investors to not only understand, but to implement. But deciding whether diversification across sector asset classes should be done by managers (by holding a fund that invests across sector and asset class) or by investors themselves (by mixing and matching various sector- and/or asset class-specific funds) is a common question. It's easy to leave the decisions to fund managers, but often the results are subpar.

Cohen & Steers (CNS) is known for its real estate expertise and has a number of successful real estate funds. But an attempt to combine a large-cap value strategy with REITs in an unleveraged closed-end fund has largely fallen flat. Cohen & Steers Dividend Major(DVM) has a mediocre track record that has easily been outperformed by a combination of two low-cost exchange-traded funds.

Investment Process
The fund's process is fairly straightforward, though it has changed a bit since its launch in 2005. Originally, the fund focused on common stocks with above-average dividend yields that were selected using a quantitative screening process. In March 2009, the fund's board approved a modification of the strategy, removing the restriction of the quantitative screening process. The fund now focuses on large-cap dividend-paying value stocks. In addition, at least 35% of the portfolio must be invested in REITs (this requirement remains unchanged from the fund's launch), and generally the fund holds about 50% in REITs and real-estate securities.




How Risky Are International Dividend ETFs?
May. 22, 2013 - Morningstar, Inc. -  The most popular domestic and international dividend exchange-traded funds are differentiated by more than just their regional exposure. The domestic ETFs with the largest share of inflow over the past year are constructed to offer total return by focusing on high-quality dividend payers. As a result, these funds tend to have yields only slightly higher than that of the S&P 500, but they outperform over time on both a total return and risk-adjusted basis. The most popular international dividend ETFs are somewhat riskier and boast dividend yields that tend to be significantly higher than that of the popular benchmark MSCI EAFE Index. These ETFs are more speculative and volatile than the quality dividend strategies that are so popular for U.S. stocks. Investors looking for total return should carefully examine international dividend ETFs to ensure they're not unwittingly taking on more risk than expected.

Top Domestic Dividend ETFs Eschew High Yield for Total Return
The case for dividends is strong, both in the U.S. and abroad. Historically, dividends have been the primary driver of stock market total return: reinvested dividends generated almost half of the annualized return of both the domestic stock market and the MSCI EAFE Index over the past century. Dividend-paying stocks also dependably outperformed nonpayers during most time periods, and with less volatility. By paying and maintaining (or increasing) a dividend, managers must allocate cash prudently. Companies that consistently pay a dividend generally have dependable cash flow, and various studies show that a high dividend payout ratio is correlated with faster future earnings growth. This is the case for individual companies as well as the broad market. In aggregate, dividends provide income and also signal shareholder-oriented and disciplined management.


A Closed-End Fund ETF Yielding Over 7%
May. 16, 2013 - www.etftrends.com -  

ETF Spotlight on the PowerShares CEF Income Composiite Portfolio ETF (NYSEArca: PCEF), part of an ongoing series.

Assets: $502.5 million.

Objective: The PowerShares CEF Income Composite Portfolio tries to reflect the performance of the S-Network Composite Closed-End Fund Index, which is comprised of closed-end funds that invest in taxable investment grade fixed-income securities.



Best ETFs For The Coming Blow Off Top
May. 12, 2013 - seekingalpha.com -  At Wednesday's closing bell, the S&P 500 (NYSEARCA:SPY) and its related ETF were 157 points (or almost 11 percent) above its 200-day moving average. The only time we have seen a wider gap between the S&P's 200-day MA and its closing level was back in March of 2000, just before the dot-com crash. Will history repeat or only rhyme, and in Yogi Berra's famous words, "Are you ready for déjà vu all over again?"

So What Will Fidelity's ETFs Look Like?
Jan. 07, 2012 - Barron's -  Any Fidelity Investments mutual-fund customer who's been thinking about jumping into exchange-traded funds may want to pause and consider a new option: a Fidelity ETF. The firm recently filed with the Securities and Exchange Commission to allow it to expand beyond its one, lonely ETF, Fidelity Nasdaq Composite Index Tracking Stock(ticker: ONEQ).

Now the speculation can officially get under way about what Fidelity will offer and whether—and, if so, when—it can break into the ranks of the most popular ETF sponsors, including No. 1 BlackRock iShares, No. 2 State Street Global Advisors and No. 3 Vanguard Group. The three run about 82% of ETFs' more than $1 trillion in U.S. assets. Charles Schwab already has joined the party and Pimco and Legg Mason both are beginning to mingle.


- Barron's -  


- Barron's -