ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[jbsliverer]

Taking a starter for a little swinging in KRBN. Also as shown yesterday,
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167956463
FANG has been better performer than XLE (follows the $SP500#10). Might be a dip there that can be taken advantage of, but I suspect the overall trend will continue for a bit anyways.

In times like these where we go with news by the minute, these are a little old from about 10 days ago. But might give a few nuggets of info for some watch or trades.


'ETF investors are the ones buying the dips,' says Dave Nadig
Hello there! Got volatility? We bet you do as the Federal Reserve signaled on Wednesday that interest rate increases in 2022 are its main priority. There is nothing new there, as investors had expected as many as four rate hikes this year, but the message is being fine-tuned. Fed boss Jerome Powell wanted to emphasize that policy is tightening but it isn't on a preset course, to borrow phrasing from current Treasury Secretary Janet Yellen , a former Fed chief, which could be interpreted a number of ways. Inflation could get worse and the Fed might need to adjust policy or price pressures might recede in due time.
Is the Fed behind the curve? Is it too hawkish? Those are all questions that might take time to play out, but the key thing for investors to suss out is how and where they should be positioned. And we've got some reads on that to share.
Send tips, or feedback, and find me on Twitter at @mdecambre or LinkedIn, as some of you are wont to do, to tell me what we need to be covering.
SIGN UP NOW TO GET ETF WRAP
Read: What is an ETF? We'll explain.
The good Top 5 gainers of the past week
%Performance VanEck Oil Services ETF OIH
3.6 KraneShares Global Carbon Strategy ETF KRBN
2.7 iShares MSCI Hong Kong ETF EWH
1.8 iShares MSCI Brazil ETF EWZ
1.7 Energy Select Sector SPDR Fund XLE
1.6 Source: FactSet, through Wednesday, Jan. 26 , excluding ETNs and leveraged products. Includes NYSE, Nasdaq and Cboe traded ETFs of $500 million or greater
...and the bad
Top 5 decliners of the past week %Performance Amplify Transformational Data Sharing ETF BLOK -9.7 AdvisorShares Pure US Cannabis ETF MSOS -9.4 NorthShore Global Uranium Mining ETF URNM -8.7 ARK Next Generation Internet ETF ARKW -8.5 First Trust Nasdaq Clean Edge Green Index Fund QCLN -8.4 Source: FactSet
Visual of the week
Wednesday's post- Federal Reserve decision action was notably bad for these ETFs, according to Instinet's Frank Cappelleri : "While some of the ETFs and indices we track logged noticeably bad one-day declines, the intra-day sell-offs tell the full story. 22 dropped more than 4% from their highs" on Wednesday, he wrote.
Go abroad?
Some strategists have been pointing to the benefits of venturing outside of the U.S. for returns during this fallow period in domestic assets and the performance of international ETFs point to areas that are, indeed, outperforming handily so far in 2022.
That includes the country-specific iShares MSCI Chile ETF (ECH), which is up 10.5% in the year to date, ahead of the Global X MSCI Colombia ETF (GXG), up 10.3%, while the iShares MSCI Brazil ETF (EWZ) is up nearly 10%. Latin America broadly, via the iShares Latin America 40 ETF (ILF), is up 7.1%, and the Greek fund, the Global X MSCI Greece ETF (GREK) has gained 4.3% so far in January (see attached table):
Meanwhile, the SPDR S&P 500 ETF Trust (SPY) is near the back of the pack, down 8.75% year to date.
Where to buy?
We caught up with Zoe Barry , who founded nascent trading platform Zingeroo, and she had some interested insights about younger investors. Zingeroo, is a growing trading platform that caters to investors in their 20s and 30s, but also has a range of users, and allows traders to benchmark their performance, not against the S&P 500 or the Russell 2000 but against one another.
Barry says that younger investors aren't panicking amid this market downtrend and note that investors had been loading up on ETFs that are short big technology stocks, which they rightly believed would suffer as bond yields rose, putting pressure on interest rate-sensitive areas of the market.
She said two of the more popular trades were ProShares UltraPro Short QQQ , which is up 46.4% so far this year, compared with the Invesco QQQ Trust , which is down 12.8% so far in 2022.
"They realize that the market is shifting," Barry said of younger investors.
She said, however, that it isn't clear that these investors are operating with tactical efficiency in the way that so- called pros might.
According to Peng Cheng , a markets strategist at JPMorgan, retail investors aggressively dumped stocks at the beginning of Monday. And by noon, there was a retail order imbalance of $1.36 billion , dumping companies such as chip makers Nvidia Corp. (NVDA) and Advanced Micro Devices (AMD), as well as tech conglomerates like Microsoft Corp. (MSFT). Meanwhile, hedge funds and mutual funds--were net buyers of $5.8 billion .
The report showed that retail investors did re-enter the market in big numbers that same day as things improved.
Barry said that the differences in the younger investor is that they tend to operate more as a collective and crowdsource ideas via social-media communities, including on Zingeroo, and sites like Reddit and Discord.
"They're actively talking about what to do and no longer shooting from the hip," Barry said.
Todd Rosenbluth , head of mutual fund and ETF research at CFRA, told ETF Wrap that investors are also loading up on value-oriented sectors, which we touched on last week.
The CFRA analyst said investors are buying ETFs such as the Financial Select Sector SPDR Fund (XLF), which is down 0.3% year to date, but up 34% over the past 12 months, the Energy Select Sector SPDR Fund (XLE), which has gained 19% so far in 2022 and is up over 64% over the past year. The consumer(XLP) staples SPDR ETF also is drawing flows, and is down 1.8% so far this year but up over 16% within the past 12-month period.
What are folks avoiding?
Rosenbluth said he is seeing a "rotation away from higher risk fixed-income ETFs." Those include longer duration iShares 20+ Year Treasury Bond ETF (TLT), the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and iShares JP Morgan USD Emerging Markets Bond ETF(EMB).
He said he has also seen a shift away from growth funds like the QQQs, referring to the popular Invesco fund and the iShares Russell 1000 Growth ETF (IWF).
He said long-term investors willing to ride this wave of volatility also "have continued to turn to low-cost diversified options such as Vanguard Total Stock Market ETF (VTI) and SPDR Gold Shares (GLD). VTI, referring to the Vanguard ticker symbol, is down 5.2% on the year but up 1.7% over the past 12 months, while the gold ETF is down 1.9% in 2022 thus far and off 2.8% over the past year period.
VTI carries an expense ratio of 0.03%, which translates to an annual cost of 30 cents for every $1,000 invested, while GLD carries a 0.40% expense ratio.
Buy the ETF dip?
Dave Nadig , director of research and CIO at ETF Trends, ETF Database, told ETF Wrap that ETFs may be keeping on a floor on this market based on the trading action he has seen. "ETF investors are the ones buying the dips," he said.
He said that the volume in any given ETFs has tended to rise on the upticks, which is one sign that ETF investors are serving as buyers.
Popular ETF reads
- Mark DeCambre

(END) Dow Jones Newswires
01-29-22 0953ET
Copyright (c) 2022 Dow Jones & Company, Inc.


2/12/22 12:06:00: MW Investors swing toward value stocks in 2022. But are surprised by what's inside your value ETF?

For example, the iShares S&P 500 Value ETF (IVE) holds stakes in Visa Inc. (V) and Mastercard Inc. (MA), increasing its exposure to the information technology sector relative to the iShares Russell 1000 Value ETF (IWD), which does not share those holdings, according to his note.
"Technology tends to be considered a growth sector," Rosenbluth told MarketWatch. "It's just making sure you know what you're getting."
Nothing's "wrong" with seeking bets on "value-oriented" technology stocks, he said but explained that some investors may be aiming to reduce tech sector exposure in their portfolios. Or, investors keen on financials may want to compare the sector's weightings among value ETFs, according to Rosenbluth.
The iShares S&P 500 Value ETF recently had a smaller position in financials compared to the iShares Russell 1000 Value ETF, but larger stakes in the consumer discretionary, consumer staples and tech sectors, the CFRA note shows.
The iShares Russell 1000 Value ETF is more than twice the size of its iShares S&P 500 Value ETF based on assets under management and has nearly double the number of holdings, according to Rosenbluth's note.
As for performance this year, shares of the iShares Russell 1000 Value ETF were little changed through Wednesday, while iShares S&P 500 Value ETF was up 0.4% over the same period, according to FactSet data.
By contrast, the iShares S&P 500 Growth ETF (IVW), SPDR Portfolio S&P 500 Growth ETF (SPYG) and Vanguard S&P 500 Growth ETF (VOOG) were all down 7.2% this year through Wednesday, FactSet data show.
Here's how fund flows for those growth ETFs have stacked up this year against asset flows for the iShares S&P 500 Value ETF, SPDR Portfolio S&P 500 Value ETF and Vanguard S&P 500 Value ETF (VOOV), according to the emailed note this week from Rosenbluth.
The S&P 500 value ETFs were outperforming the S&P 500 growth ETFs in Thursday afternoon trading, though both groups were down as investors assessed fresh consumer-price index data showing another rise in U.S. inflation.
Check out:Value stocks have pulled ahead of growth in recent weeks. Is it a head-fake?
"It was a bad year over the past 12 months for high-growth, innovative companies," Mark Yusko , chief executive officer and chief investment officer of Morgan Creek Capital Management , said by phone. "The valuations got to really crazy levels a year ago and they've come down."
As evidence, he pointed to the performance of Cathie Wood's ARK funds and Morgan Creek's ETF that holds companies that used SPACs to go public. That fund, the Morgan Creek -- Exos SPAC Originated ETF (SPXZ), is down around 48% over the past 12 months, according to FactSet data including Thursday afternoon trading.
Morgan Creek's cash alternative
Now Morgan Creek has a new ETF that invests in SPACs, or the special purpose acquisition companies that are "vehicles" to take companies public, according to Yusko. He said the Morgan Creek -- Exos Active SPAC Arbitrage ETF, which began trading this month under the ticker CSH, invests in SPACs and then redeems their shares instead of participating in the deals they aim to strike within two years to take a company public.
"A SPAC is literally a trust filled with Treasurys," said Yusko. "Our worst outcome is that we get our money back plus interest."
The Morgan Creek -- Exos Active SPAC Arbitrage ETF collects interest from Treasuries but also has potential upside from warrants received from investing in the SPAC structure, according to Yusko. "We've run this strategy in a hedge fund for multiple years," he said. "In the hedge fund we use leverage, in this fund we don't."
Yusko said Morgan Creek -- Exos Active SPAC Arbitrage ETF was designed for investors who want an alternative to cash amid the challenges of low rates and high inflation. "We're not trying to beat" the S&P 500 , he said. "All we're trying to do is say we can do better than cash," a money market fund or a certificate of deposit.
What about the cost of the new ETF? The fund has an expense ratio of 1.25%, according to Morgan Creek's announcement on it at the beginning of this month.
Innovator ETFs
In other new ETFs, Innovator Capital Management announced this week the launch of the Innovator Laddered Allocation Buffer ETF (BUFB). The fund will equally allocate to each of the firm's 12 monthly U.S. Equity Buffer ETFs, which "seek to provide a buffer against the first 9% of losses in the SPDR S&P 500 ETF Trust ," as well as "upside performance to a cap over a one-year outcome period."
Innovator has meanwhile filed plans for an ETF that seeks to profit from exposure to electric car company Tesla Inc. (TSLA) The Innovator Hedged Tesla ETF, which plans to trade under the ticker TSLH, will invest about 20% of its assets in options tied to Tesla and the remainder in Treasury bills, according to a document filed with the Securities and Exchange Commission at the end of January.
Popular ETF Reads
- Christine Idzelis

(END) Dow Jones Newswires
02-12-22 1406ET
Copyright (c) 2022 Dow Jones & Company, Inc.