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☆ This winning sector could see even more upside once the Fed starts cutting rates, according to State Street
▼ + stars: | 2024-03-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Homebuilding stocks have reached new highs this year, and State Street's Matthew Bartolini sees more upside in store when the Federal Reserve begins cutting rates. "The thesis just comes down to economic resilience that is fueled by a strong labor market and a healthy consumer," said the managing director and head of SPDR Americas research. XHB YTD mountain Homebuilding ETF has surged more than 15% this year. The SPDR S & P Homebuilders ETF (XHB) has rallied nearly 17% year to date and about 70% over the past year. Homebuilding stocks have also benefited from a resilient economy that is led by a healthy labor market, and they stand to gain even more in a Federal Reserve rate-cutting cycle.

Persons: Matthew Bartolini, Bartolini Organizations: State, Federal Reserve, SPDR, Sonoma, Products, Carlisle Companies, Builders, Fed Locations: SPDR Americas, Williams

☆ Investors poured cash into these fixed income ETFs in 2023
▼ + stars: | 2024-01-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

The Federal Reserve's monetary policy set the tone for the fixed income world in 2023 – right down to which exchange traded funds investors picked to take advantage of higher interest rates. Bond yields have an inverse relationship to their prices, so that when prices decline, yields rise and vice versa. The Vanguard Long-Term Treasury ETF (VGLT) was another favorite of investors, with about $7.3 billion in net flows in 2023. Indeed, those strategies proved popular with investors in 2023, as the Vanguard Total Bond Market ETF (BND) and iShares Core U.S. Aggregate Bond ETF (AGG) were ETFs with the second and third highest net flows, per Morningstar.

Persons: It's, Paul Olmsted, Matthew Bartolini, Olmsted, Morningstar, –, it's, BND, AGG Organizations: Investors, Bloomberg Finance, State Street Global Advisors, Morningstar, SPDR, SPDR Americas Research, Street Global Advisors, State, Treasury Bond ETF, Bloomberg, SGOV, SEC, Treasury, Fed, Vanguard, Bond Market, Core, Aggregate Bond Locations: SPDR Americas, Central

☆ Why cautious investors may want to look beyond high-yield savings accounts
▼ + stars: | 2023-11-25 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

Cautious investors piling into cash may want to consider other options. According to SPDR Exchange Traded Funds' Matthew Bartolini, active management can also provide them with stability and income while creating more opportunities for upside. Bartolini contends that not only do they give investors more flexibility, the strategies also provide consistent performance and improved tax efficiencies. "But with higher returns comes higher volatility," added Bartolini, who sees big benefits from active management. "On the cash portion of the market, that income is not going to be as stable as it once was because of reinvestment risk," he said.

Persons: Matthew Bartolini, CNBC's, Bartolini Organizations: SPDR

☆ Stick with bond funds and cash? ETF experts rethink popular portfolio strategies for 2024
▼ + stars: | 2023-11-24 | by ( Anna Gleason | ) www.cnbc.com time to read: +3 min

As of Wednesday's market close, though, the 10-year note fell to 4.408%, while the 100 largest taxable money market funds tracked by Crane Data have an average yield of 5.20%. In addition, nearly $1.2 trillion has flowed into money market funds this year through Nov. 15, compared to $264 billion into bond funds and $43 billion in U.S. equity funds, according to Goldman Sachs. In the meantime, Bartolini said clients willing to take on more risk should look to shorter-duration bond funds. The iShares 1-3 Year Treasury Bond ETF (SHY) that tracks shorter-duration notes has gained 0.22% this year as of Wednesday's close. The iShares U.S. Treasury Bond ETF (GOVT) , which has exposure to Treasurys ranging between 1 and 30 years in duration, was down 1.85% during the same period.

Persons: Dan Egan, CNBC's, Goldman Sachs, Matt Bartolini, Bartolini, Egan, it's Organizations: Federal Reserve, Behavioral Finance, Treasury, Crane Data, SPDR, SPDR Americas Research, Street Global Advisors, Treasury Bond ETF Locations: SPDR Americas, U.S

☆ Investors can get a 5.6% yield with this 'first-rate' ultrashort bond ETF
▼ + stars: | 2023-11-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

As investors hunt for yield, many are turning to actively managed exchange-traded funds focused on bonds, like Pimco's Enhanced Short Maturity Active ETF . The fund, which has a 5.6% 30-day SEC yield, is a "a first-rate ultrashort ETF," Morningstar senior analyst Paul Olmsted wrote in August. Trading under the ticker symbol MINT, the ETF holds fixed income securities with durations of no more than one year. In fact, investors flooded into the fund in October, making it the actively managed bond ETF with the highest inflows last month, according to FactSet. Investors can capture that higher yield on the short end of the yield curve, Schneider said.

Persons: Paul Olmsted, Morningstar, Jerome Schneider, Pimco's, Schneider, FactSet, Matthew Bartolini, It's, Treasurys —, who's Organizations: SEC, Morningstar, MINT, Street Global Advisors, Research, Federal Reserve, Treasury, Federal, Bear Stearns Locations: Pimco

☆ Huge month for active management
▼ + stars: | 2023-11-20 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHuge month for active managementMatt Bartolini, SPDR Americas Research head, and Dan Egan, Betterment Behavioral Finance & Investing vice president, join CNBC's Kate Rooney on "ETF Edge" to discuss the growth in active funds and if there is still more opportunity in the passive investing strategy.

Persons: Matt Bartolini, Dan Egan, CNBC's Kate Rooney Organizations: Americas Research, Finance Locations: Americas

☆ "Scared money" sticking in cash & bonds
▼ + stars: | 2023-11-20 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email"Scared money" sticking in cash & bondsMatt Bartolini, SPDR Americas Research head, and Dan Egan, Betterment Behavioral Finance & Investing vice president, join CNBC's Kate Rooney on "ETF Edge" to discuss if the growing appetite for bonds can continue and how investors can position themselves if they want to start taking money off the table.

Persons: Matt Bartolini, Dan Egan, CNBC's Kate Rooney Organizations: Americas Research, Finance Locations: Americas

☆ How artificial intelligence could be used in ETFs
▼ + stars: | 2023-11-20 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow artificial intelligence could be used in ETFsMatt Bartolini, SPDR Americas Research head, and Dan Egan, Betterment Behavioral Finance & Investing vice president, join CNBC's Kate Rooney on "ETF Edge" to discuss how artificial intelligence could be incorporated into investing and the ETF space.

Persons: Matt Bartolini, Dan Egan, CNBC's Kate Rooney Organizations: Americas Research, Finance Locations: Americas

☆ ETF Edge: Cash and bonds stay "sticky"
▼ + stars: | 2023-11-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge: Cash and bonds stay "sticky"Matt Bartolini, State Street Global Advisors; Dan Egan, Betterman; and CNBC's Kate Rooney join ‘Halftime Report’ to discuss confidence in the investing landscape, reinvestment risk, and more.

Persons: Matt Bartolini, Dan Egan, CNBC's Kate Rooney Organizations: Street Global Advisors, ‘

☆ Amplify rolls out first SOFR-based ETF for income seekers
▼ + stars: | 2023-11-15 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +2 min

The Amplify Samsung SOFR ETF , which debuted Wednesday, is the first ETF to track SOFR, the overnight interbank lending rate that has emerged as the U.S. replacement for the now-defunct Libor gauge of overnight borrowing interest costs. The new fund's launch comes amidst a wave of enthusiasm for ultra-short term fixed income ETFs, as yields on products throughout the fixed income spectrum have risen to multi-year highs following an aggressive rate hiking cycle by the Federal Reserve. "It wasn't until this year that rate-driven products became priorities," said Bill Belden, president of Amplify. Flows into money market and ultra-short term products account for about 36% of all inflows into fixed income ETFs this year, though the category represents only 15% of all fixed income ETF assets, according to Matthew Bartolini, head of product research at State Street Global's SPDR Americas ETF division. Belden said that a large institutional investor has provided seed capital of $50 million for the new ETF.

Persons: Yves Herman, Bill Belden, Matthew Bartolini, SOFR, Belden, Suzanne McGee, Ira Iosebashvili, Cynthia Osterman Organizations: Samsung, REUTERS, ETF, Federal Reserve, Thomson Locations: Brussels, Diegem, Belgium, U.S, Americas

☆ Investors poured more than $5 billion into active bond ETFs in October. Here are the top names
▼ + stars: | 2023-11-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Investors are piling into active fixed income funds at record levels, according to State Street Global Advisors. That brings inflows to $24.8 billion so far this year for active fixed income funds. In fact, 43% of the month's inflows went into ultra-short bond funds, according to State Street. With that in mind, CNBC Pro screened for active bond exchange-traded funds with the largest inflows in October. Here are the active bond funds with the largest inflows year to date.

Persons: Matthew Bartolini, Bartolini, —, Jesse Pound, Michael Bloom Organizations: Street Global Advisors, Americas Research, State, Federal Reserve, Treasury, CNBC Pro Locations: Americas

☆ The Arm IPO is here, but many ETFs will not be buyers
▼ + stars: | 2023-09-14 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The Cupertino, Calif.-based company licenses its processorIPO and tech enthusiasts are excited about the Arm Holdings Plc initial pubic offering, and with good reason: it's the first big tech IPO in more than two years. However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed. However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs. The first problem is that Arm is not a U.S. company, it's British — which generally would exclude it from the S&P indexes. Potential ETF buyers: Nasdaq-100 ETF, IPO ETFsThere are some potential ETF buyers.

Persons: Matt Bartolini, Howard Silverblatt, Van Eck, Jan Van Eck, Todd Sohn, it's, Matt Kennedy, Nate Geraci, I'm Organizations: ARM Holdings, Arm Holdings, Nasdaq, Tech, ARM, P, SPDR Technology, SPDR, SPDR Americas Research, Street Global Advisors, Global, Renaissance, Van Eck Semiconductor, CNBC, Vanguard Total U.S, Renaissance Capital Locations: Cupertino, Calif, U.S, SPDR Americas

☆ This new dividend ETF offers investors income at a rock-bottom fee
▼ + stars: | 2023-09-13 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Investors who are hungry for income have a new exchange-traded fund option on the market that comes with a low price tag. The SPDR Portfolio S & P Sector Neutral Dividend ETF (SPDG) launched this week and holds stocks in the S & P 1500 that have maintained or increased their dividends for at least seven consecutive years. For example, the SPDR S & P Dividend ETF (SDY) has an expense ratio of 0.35%, as does the ProShares S & P 500 Dividend Aristocrats ETF (NOBL) . It's even a bit lower than the 0.06% of the Vanguard High Dividend Yield Index ETF (VYM) . The fund's index, the S & P Sector-Neutral High Yield Dividend Aristocrats Index, has a dividend yield of 3.13%, according to State Street.

Persons: Matthew Bartolini, Bartolini Organizations: Vanguard, SPDR, SPDR Americas Research, Street Global Advisors, P, SEC Locations: financials, SPDR Americas

☆ These ETFs can help scratch the 'FOMO' itch without adding too much risk
▼ + stars: | 2023-07-12 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The Invesco QQQ Trust (QQQ) , which has even heavier exposure to Big Tech names, has brought in $5.8 billion of its own. "It's not really the overconcentration in the big names that worries me. It's actually the concentration in the big names compared to their earnings contribution," said Oktay Kavrak, director of communications and strategy at Leverage Shares. Whether you're passive or active, you probably have enough exposure to Nvidia and Apple and Microsoft," said Todd Sohn, ETF strategist at Strategas. There's a whiff of it, a scent of it," Sohn said, pointing out that money market funds attracted more cash than equity funds last week.

Persons: Matthew Bartolini, Bartolini, It's, Oktay Kavrak, Todd Sohn, . Sohn, Kavrak, Sohn, Cathie Wood's Organizations: Vanguard, Big Tech, SPDR, Street Global Advisors, Microsoft, Nvidia, Nasdaq, RSP, Apple, Trust, Technology, Index, Fund, The Vanguard FTSE Locations: SPDR Americas, Europe

☆ Recession obsession, AI boom and wild markets: What Wall Street can expect for the rest of 2023
▼ + stars: | 2023-06-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

So what does the rest of the year have in store for Wall Street? Unfortunately, Wall Street is unlikely to receive the clarity it seeks anytime soon. Still, economists at the Federal Reserve believe that a recession seems more likely by the end of 2023 than not. AI boom: Wall Street has a lot to worry about, but there’s at least one source of market euphoria: artificial intelligence. Satisfying your sweet tooth is about to get more expensiveIf you have a sweet tooth, take note: Cocoa prices have been soaring — and that could drive chocolate prices higher.

Persons: it’s, Rachel, Ross, Mulder, Scully, Sam, Diane, Vladimir, Estragon, Samuel Beckett’s, ”, Michael Arone, Matthew Bartolini, Darrell Cronk, “, Arif Husain, Rowe Price, Wells, Justin Thomson, Liz Ann Sonders, Charles Schwab, Samantha Delouya, It’s, Danielle Wiener, Bronner, El, Paul Organizations: CNN Business, Bell, New York CNN, Investors, State, Federal Reserve, JPMorgan, Wells, Investment Institute, Silicon Valley Bank, Signature Bank, First, State Street, JPMorgan Chase, ”, “, OceanGate Expeditions, Federal Aviation Administration, Virgin Galactic, SpaceX, Rabobank Locations: New York, Silicon, First Republic, Washington, Europe, Asia, United States, China

☆ AI is booming in the stock market. Is it too late to invest?
▼ + stars: | 2023-06-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Last Thursday, the S&P 500 entered a bull market — up 20% from its recent lows. But the market’s strength has been mostly driven by a handful of mega-cap tech stocks, Alphabet (GOOGL), Meta (META), Apple (AAPL), Amazon (AMZN), and Nvidia (NVDA). Before the Bell: AI is causing a big market boom right now, but that boom also seems to be concentrated in mega-cap tech stocks. Everything you wanted to know about a bull market but were afraid to askThe US entered a bull market last Thursday, finally. A bear in bull’s clothes: A 20% lift from recent lows is generally accepted as the definition of the start of a bull market.

Persons: ”, Matt Bartolini, Bell, Pets.com, I’m, They’ve, Adam Turnquist, James Demmert, what’s, Jerome Powell’s Organizations: CNN Business, Bell, New York CNN, Bank of America, Apple, Nvidia, Nasdaq, Dow Jones, SPDR, Street Global Advisors, Meta, US, LPL, Big Tech, Main, Research, Investors, Federal Reserve, P Global Market Intelligence, ▸, European Central Bank, ECB Locations: New York, Europe, SPDR Americas, Big, Japan, Taiwan, Hong Kong

☆ How can we possibly be in a bull market now? Two letters: AI
▼ + stars: | 2023-06-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +4 min

That’s a strange place to find a bull market. After a horrible year for Big Tech in 2022, optimism has returned as ChatGPT has made AI the it-thing in Silicon Valley. That brought an end to the bear market that began in January 2022, since a 20% lift from recent lows is generally accepted as the definition of the start of a bull market. However, there is no exact definition — and the current market situation is a bit more nuanced than the typical bull market-bear market binary. The silver liningEntering a bull market lifts investor sentiment, which could propel upward momentum in markets.

Persons: ”, Sameer Samana, ChatGPT, Tesla, Matt Bartolini, It’s, Apple iPhones, Berkshire Hathaway, James Demmert, “, don’t Organizations: New, New York CNN, Wells, Wells Fargo Investment Institute, Big Tech, Investors, Apple, Nvidia, SPDR, Street Global Advisors, Meta, Google, Berkshire, Main, Research, Bank of America Locations: New York, United States, Europe, Wells Fargo, Silicon Valley, SPDR Americas, Meta, “

☆ Major Wall Street firm sees a breakout in luxury stocks — and lists three reasons why ETFs are a great way to play it
▼ + stars: | 2023-04-29 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

As luxury stocks make waves overseas, State Street Global Advisors believes investors should consider European ETFs if they want to capture the gains from their outperformance. Bartolini lists price momentum as a third driver of the investor shift. His SPDR Euro Stoxx 50 ETF (FEZ) is considered a broad European ETF. While the fund's top holding is LVMH at 7.29%, according to the company's website, Bartolini contends the shift applies beyond luxury stocks and to lower-end consumer stocks. His firm's website lists French cosmetics company L'Oreal — which is up almost 30% this year — as another one of his fund's major holdings.

☆ The fundamental factors fueling the European rally this year
▼ + stars: | 2023-04-26 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +1 min

Favorable climate conditions and a decrease in the cost of natural gas are fueling a European market rally, a stark contrast to energy crisis fears of last year. "Which could arguably be a tail wind for the European consumer to help spend on those luxury goods." European luxury stocks are among the breakout stars in 2023, with Rolls Royce up 58% and Hermes and LVMH jumping 34% and 33%, respectively. Bartolini said that the energy crisis concerns that were once weighing down on sentiment have come and gone, reinvigorating optimism into the European market. "Because there are more things pointing up than there are more things pointing down for the European markets."

☆ Europe is the place to invest so far in 2023. Here's why
▼ + stars: | 2023-04-24 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

U.S. stocks are off to a good start in 2023, with the S & P 500 up 7%, but Europe is just killing it. All the major European ETFs are up 15%-20% for the year and were at new highs last week. From makeup to sneakers to steel to pharmaceuticals and software to cars for the masses, Europe is outperforming. European stocks this year L'Oreal up 38% Adidas up 33% Thyssenkrup up 32% Bayer up 30% SAP up 29% Stellantis up 25% There's are several other reasons Europe is outperforming. That is historically a very low P/E ratio for Europe, in the 4th percentile (low) relative to the STOXX Europe 600 over the last 15 years.

☆ ChatGPT could turn out to be hero for humanity or just a 'horrible product'. Here's what Elon Musk, Bill Gates and 10 heavyweights have to say on the red-hot AI.
▼ + stars: | 2023-02-25 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +9 min

Elon Musk, Bill Gates and Paul Krugman have all weighed in on the hottest topic this year – ChatGPT. From prominent names such as Elon Musk and Bill Gates to Wall Street banks like Morgan Stanley, everyone's got something to say. "It's both positive or negative and has great, great promise, great capability," Musk further said of AI, adding that "with that comes great danger." But a few quarters from now, if ChatGPT really starts to bring in significant subscriber fees, then we'll see what happens," O'Leary told Insider's Phil Rosen. Andy Jassy, Amazon CEO"I think it's exciting, what's possible with generative AI," Jassy said about generative AI and ChatGPT.

☆ Here are the big trends to watch at the Exchange ETF conference this week
▼ + stars: | 2023-02-06 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

I'm at the ETF Exchange Conference in Miami Beach, where 2,000 registered investment advisors and ETF providers have descended on the city for the industry's largest gathering. Think active, dividend, foreign debt and alternative income ETFs," Tom Lydon, of VettaFi, the conference sponsor, told me. "I believe fixed income ETFs are setup to have a historic year," Nate Geraci from the ETF Store said in January. This year, they're back, but despite the surge in thematic ETF performance to start the year, investors have yet to throw significant sums of money into the game. "Despite the surge in thematic ETF performance to start the year, investors are yet to start allocating again.

☆ This tax strategy may offset losses – but investors need to act now or be in for a 'nasty surprise'
▼ + stars: | 2022-12-04 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +2 min

According to BNY Mellon's Ben Slavin, it's a key time to sell losing investments in order to cut down on capital gains. "Mutual fund investors are in for quite a nasty surprise," the firm's global head of ETFs told CNBC's "ETF Edge" last week. State Street Global Advisors' Matt Bartolini also sees advantages for investors looking to offset tax losses and stay in the market. "You own a mutual fund that tracks the broad base of U.S. equities. Bartolini said investors can also sell broad-based ETFs and buy back into other ones covering a similar marketplace.

☆ Assessing China: What political unrest means for ETF investors
▼ + stars: | 2022-11-30 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +4 min

Global markets pulled back earlier this week after protests across China erupted over the country's zero-Covid policy. And with the SPDR S&P China ETF (GXC) down 30% this year, there's a growing debate on whether China makes a good investment now given the political risks. "Where value stocks are international stocks right now, value stocks are Chinese equities. On the flip side, China shares the U.S., like KraneShares CSI China Internet ETF (KWEB) and iShares MSCI China ETF (MCHI) , have started to move higher and Monday and continued to log gains. Adding context to the notion that China has underperformed, Ahern said that only 2% of the MSCI China Index was composed of tech decade ago.

REUTERS/Brendan McDermidNov 3 (Reuters) - Investors trying to navigate this year's relentless interest rate rises have more reasons to play it safe, after a pessimistic message from the U.S. Federal Reserve clouded the outlook for asset prices. Yet Chairman Jerome Powell’s message at Wednesday’s press conference – which followed its fourth straight 75 basis-point rate increase – did little to bolster the case for a less hawkish Fed. Investors are bracing for U.S. employment data on Friday for clues on whether the Fed’s rate hikes have begun to erode the economy’s strength. Signs that inflation is beginning to slow after the Fed’s barrage of rate hikes could bolster the case for a less aggressive monetary policy in coming months. Bartolini is becoming more bullish on mortgage-backed securities, which he expects to benefit from a decline in volatility sparked by smaller rate increases.

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