Feb. 11, 2015, 1:32 PM
Apr. 7, 2014, 9:10 AM
- Twitter's down 32% this year, Facebook's off 20% in a month, and biotech nearly that much, but money is returning to the industrial sector. While the Nasdaq 100 posted its worst one-day drop since 2011 on Friday and last week fell for the 3rd week in 4, the Industrial Select SPDR (XLI) gained 1.6%.
- In the year's first quarter, the XLI had lost 1.4%, putting it in 9th place among 10 S&P 500 groups.
- "You’re seeing the beginning of investors shifting money ahead of a wave of spending,” says Drew Nordlicht of HighTower Advisors. “The expectation is, as the economy begins to kick into a higher gear, corporate America will utilize the amount of cash to spend on capital expenditures."
- GE comprises more than 10% of the XLI, and UTX, Union Pacific, Boeing, and 3M round out the top 5, each with holdings in the 5% range.
- Related ETFs: XLI, PHO, CGW, PIO, VIS, ITA, FIW, PPA, IGF, CARZ, IYJ, XAR, IPN, EMIF, FIDU, PRN, UXI, FXR, PXR, EXI, GII, EVX, FLM, RGI, SIJ, PSCI, NFRA, TOLZ, AXID
Mar. 26, 2014, 12:16 PM
- The ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) will track an index of companies have key operations in the global infrastructure sector, with a preference for companies that focus on long term and stable cash flows.
- Within the manufacturing sector there are only a few ETFs that offer pure exposure to the infrastructure sub-sector, but with an expense ratio of .45%, TOLZ undercuts them all.
- Other infrastructure ETFs: BRXX, IGF, EMIF, CHXX, PXR, GII, FLM, KFYP, NFRA