Vanguard Industrials ETFNYSEARCA
Tue, Nov. 15, 7:45 PM
- The big gains in infrastructure stocks in anticipation of government spending on roads and bridges in a new Trump administration have some analysts warning that the rally is "getting long in the tooth."
- Among relevant companies up at least 12% since last Tuesday's election: PWR, FLR, VMC, JEC, MLM, KBR, ACM, SUM, EXP.
- One former infrastructure bull, Daniel Clifton of Strategas Research, thinks lofty expectations are now priced into the group, adding that the belief that fiscal conservatives in Congress who have long opposed increasing the deficit would suddenly pass a trillion dollars in spending has become too optimistic.
- Clifton also says Trump’s infrastructure plan in its current form relies entirely on private financing and “has little to do with the actual stocks that are rallying.”
- Greg Valliere, chief global strategist at Horizon Investments, reminds that "Washington moves slowly on huge projects like this, and there’s a lag time on the economic response."
- ETFs: XHB, ITB, XLI, PHO, IYT, VIS, XTN, FIDU, IYJ, PKB, FXR, UXI, RGI
Mon, Sep. 19, 11:46 AM
- Vanguard Materials ETF (NYSEARCA:VAW) - $0.515. 30-Day Sec yield of 1.88%.
- Vanguard Industrials ETF (NYSEARCA:VIS) - $0.569. 30-Day Sec yield of 1.89%.
- Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) - $0.474. 30-Day Sec yield of 1.35%.
- Vanguard Consumer Staples ETF (NYSEARCA:VDC) - $0.844. 30-Day Sec yield of 2.35%.
- Vanguard Health Care ETF (NYSEARCA:VHT) - $0.498. 30-Day Sec yield of 1.36%.
- Vanguard Financials ETF (NYSEARCA:VFH) - $0.291. 30-Day Sec yield of 2.38%.
- Vanguard Information Technology ETF (NYSEARCA:VGT) - $0.403. 30-Day Sec yield of 1.27%.
- Payable Sept. 26; for shareholders of record Sept. 22; ex-div Sept. 20. 30 Day SEC yield as of 9/16/16.
Mon, Jun. 20, 10:51 AM
- Vanguard Extended Market ETF (NYSEARCA:VXF) - $0.219. 30-Day Sec yield of 1.44%.
- Vanguard Industrials ETF (NYSEARCA:VIS) - $0.484. 30-Day Sec yield of 1.93%.
- Vanguard Telecommunication Services ETF (NYSEARCA:VOX) - $0.593. 30-Day Sec yield of 3.02%.
- Vanguard REIT ETF (NYSEARCA:VNQ) - $0.764.
- Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) - $0.446. 30-Day Sec yield of 2.15%.
- Vanguard High Dividend Yield ETF (NYSEARCA:VYM) - $0.578. 30-Day Sec yield of 3.23%.
- Vanguard Extended Duration Treasury ETF (NYSEARCA:EDV) - $0.822. 30-Day Sec yield of 2.46%.
- Vanguard Mega Cap ETF (NYSEARCA:MGC) - $0.368. 30-Day Sec yield of 2.17%.
- Payable June 27; for shareholders of record June 23; ex-div June 21. 30 Day SEC yield as of 6/17/16.
Fri, Mar. 18, 7:44 AM
Dec. 22, 2015, 4:49 PM
Sep. 22, 2015, 1:31 PM
Sep. 3, 2015, 3:12 PM
- How bad a year has it been for multi-industry stocks? Year-to-date underperformance relative to the S&P 500 is among the poorest in a decade and has gotten worse in recent weeks, say Goldman analyst Joe Ritchie and team. The negative news is no secret: Broad industrial de-stock, softening oil capex, the strong dollar, and the troubles in China. Because of this, the team remains Neutral on the beaten-up sector, but does have a few names investors should steer clear of:
- With de-stock keeping U.S. industrial growth in a "headlock," the implications are particularly negative for Sell-rated Emerson Electric (NYSE:EMR), WW Grainger (NYSE:GWW), and Neutral-rated Parker-Hannifin (NYSE:PH) and Rockwell Automation (NYSE:ROK).
- With oil capex going from bad to worse, and oil lower for longer, the Street is underestimating the impact of price declines for Dover (NYSE:DOV), Emerson, and Flowserve (NYSE:FLS). On the flip side, lower input costs should be a boon to Buy-rated Illinois Tool Works (NYSE:ITW) and Neutral-rated 3M (NYSE:MMM).
- The weaker China backdrop is most negative for Emerson, and Neutral-rated Eaton (NYSE:ETN) and Colfax (NYSE:CFX). Though Buy-rated Honeywell (NYSE:HON) and ITT Corp (NYSE:ITT) have exposure, growth is more insulated due to their market share gains.
- Source: Barron's Ben Levinsohn
- ETFs: XHB, ITB, XLI, PHO, IYT, ITA, VIS, PPA, XTN, XAR, FIDU, PKB, IYJ, FXR, UXI, PRN, RGI, SIJ, PSCI, AIRR
Mar. 5, 2015, 2:08 PM
- The financial sector (NYSEARCA:IYF) is far and away the leader in U.S. sector ETF outflows year-to-date, with $4.89B exiting, according to XTF.com. Not surprising, as the sector's been one of the poorer performers even after a nice rebound in February.
- The behavior contrasts with what's happening in energy (NYSEARCA:XLE), where bottom fishers have helped those ETFs see inflows of $2.97B - more than any other tracked sector in 2015.
- Also notable for outflows are industrials (NYSEARCA:XLI) and tech (NYSEARCA:IYW) - this despite market-beating returns so far this year.
- The other sector seeing sizable inflows is health care, with a net $2.74B coming in amid the strongest returns of all the major industries.
- ETFs: XLF, FAS, XLE, IYH, FAZ, XLK, XLV, VHT, XLI, ERX, VDE, OIH, VGT, UYG, ERY, DIG, CURE, VFH, TECL, DUG, IYE, IYW, FXH, VIS, RXL, ROM, IYF, FHLC, FTEC, TECS, FENY, SEF, PXJ, IYG, RYT, IYJ, FIDU, FXO, RYH, QTEC, IGM, FNCL, FXR, FXL, RYE, UXI, FXN, FINU, MTK, REW, RWW, RYF, RGI, DDG, SIJ, RXD, AIRR, FINZ
Dec. 31, 2014, 11:24 AM
- We'll call it a combination of the ETF price wars and rising AUM, but Vanguard is cutting the expense ratio on twelve of its funds to just twelve basis points. Following is the list of funds and the number of basis points they're being cut:
- VCR 2 basis points, VDC 2 bps, VDE 2 bps, VFH 7 bps, VHT 2 bps, VIS 2 bps, VGT 2 bps, VAW 2 bps, VOX 2 bps, VPU 2 bps, VONG 3 bps, VONV 3 bps.
Dec. 17, 2014, 12:14 PM
Sep. 30, 2014, 1:35 PM
- The ARK Industrial Innovation ETF (NYSEARCA:ARKQ) and the ARK Web x.0 ETF (NYSEARCA:ARKW) are the first launches in line of actively managed thematic ETFs filed with the SEC by ARK.
- ARKQ seeks to invest in companies that are revolutionizing the industrial world and how people travel, while ARKW seeks to invest in companies that are transforming every sector of the economy thanks to Internet-enabled innovation.
- Other Internet ETFs: FDN, PNQI
- Other broad industrial ETFs: XLI, VIS, IYJ, FIDU, FXR, UXI, SIJ, RGI, AIRR, IPN, EXI
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
Dec. 19, 2013, 2:28 PM
- Vanguard Industrials ETF (VIS) announces annual distribution of $1.060.
- 30-Day Sec yield of 1.57% (as of 12/18/2013).
- For shareholders of record 24 Dec; Payable 27 Dec; Ex-Div. date 20 Dec. (PR)
Dec. 11, 2013, 10:02 AM
- "Warehouses over townhouses" is one of BAML's ten themes for 2014 - highlighting a potential shift away from consumer-driven stocks to industrial and commercial names.
- "If revenue growth continues to accelerate as we expect, corporations are likely to invest in their businesses by spending some of the cash accumulated on their balance sheets. This capex cycle, combined with improving global economic growth, is likely to benefit stocks in more industrial and cyclical parts of the economy over those that are more dependent on the consumer. In our view, this has already started, but probably is in its early stages."
- An attached chart shows this outperformance beginning to creep in in Q3.
- If the thesis is correct, investors may want to be sellers of Consumer Discretionary (XLY), Health Care (XLV), and Financials (XLF), and buyers of Tech (XLK), Energy (XLE), Industrials (XLI), and Materials (XLB).
- Related ETFs: FAS, XLF, IYH, FAZ, XLE, XLV, ERX, XLI, XLY, XLB, OIH, VHT, VDE, ERY, UYG, DIG, DUG, VFH, VCR, UYM, VAW, IYE, CURE, VIS, IGE, IYM, IYF, RXL, FXH, SEF, SMN, PXJ, IYG, PXI, IYJ, FXO, PFI, PSCH, KBWB, PSCE, FXD, UXI, MATL, PYZ, PRN, FXN, FXZ, RYE, RWW, FINU, FHLC, RYH, DDG, FXR, RCD, RTM, RYF, FIDU, SBM, SIJ, PSCF, PTH, FDIS, FENY, RGI, FNCL, RXD, PEZ, PSCD, PSCI, PSCM, FMAT, FINZ
Sep. 30, 2013, 12:55 PM
- Among BAML's Ten Reasons to Buy Industrials, most interesting is the team's argument for a P/E re-rating for the sector because of earnings stability. Industrials have the most stable earnings of all ten major market sectors - even against defensive areas like Consumer Staples - yet they're still penalized for being too cyclical. "There is a glaring mis-pricing of risk."
- Another reason is the charts: Industrials have quietly broken out relative to the S&P 500 - a bullish trend for those liking to buy relative strength.
- Relevant ETFs: FXR, IYJ, PRN, XLI, VIS, RGI, PSCI, UXI, SIJ.
Sep. 9, 2013, 12:23 PM
- Bullish on the economy, Goldman's David Kostin says investors should favor those firms with high fixed costs as they'll benefit most from margin expansion. This leads him to pick industrials (XLI) and financials (XLF) as his favorite sectors.
- Industrials ETFs: FXR, IYJ, PRN, XLI, VIS, RGI, PSCI, UXI, SIJ.
- Financials ETFs: XLF, IYF, PFI, VFH, RYF, RWW, FAS, UYG, FAZ, SKF, SEF, IAI, FXO, PSCF, KBWD, KBWB, IYG, FINU, FINZ.
- Goldman's got a basket of 50 names set to benefit most from stronger GDP growth. Included are ANF, WFM, APC, R, X. More names as we get them.