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The Astoria US Equal Weight Quality Kings ETF (ROE) , which launched in 2023, is up 17.6% year to date through Tuesday's close, according to FactSet. By comparison, the Invesco S & P 500 Equal Weight ETF (RSP) and iShares MSCI USA Equal Weighted ETF (EUSA) are up 9.7% and 10.1%, respectively. ROE YTD mountain This equal weighted ETF is outperforming some of its rivals in 2024. The Astoria fund is underperforming some other funds that focus on quality, like the iShares MSCI USA Quality Factor ETF (QUAL) . The Astoria fund also has a higher expense ratio than some of its rivals at 0.49%.
Persons: John Davi, ROE, Davi, Frank Tedesco, Todd Sohn Organizations: Astoria, RSP, EUSA, Nvidia, Big Tech Locations: ROE
Heading into November's U.S. presidential election, professional investors agree on one strategy — diversification remains key. Diversification to hedge tax rate risk FBB Capital Partners' Mike Bailey said that should former President Donald Trump win, his tax cuts might mean better overall prospects for equities. Bailey emphasized that while his investment strategy avoids predicting macroeconomic events and timing the market, Depending on the election's outcome, there could obviously be different results for investors, investors could find it helpful to look at the extreme outcomes of the election. He recommended diversifying across different asset classes, since higher tax rates could lead to downside in the equity market. "If tax rates change, I don't think bonds are going to move that much, so you're pretty safe on that side," he said.
Persons: Mike Bailey, Donald Trump, Bailey, Tesla, John Davi, we're, Davi, You've, it's, Kumar Organizations: November's U.S, Nasdaq, Federal Reserve, Dow Jones, CNBC Pro, Wall, Capital Partners, CNBC, Astoria, Komal, Sri, Kumar Locations: U.S, , China, Mexico
[1/2] Brazil's Environment Minister Marina Silva meets Davi Kopenawa, chief of the Yanomami, after a ceremony to commemorate Amazon Day, at the Planalto Palace in Brasilia, Brazil, September 5, 2023. Environmentalists say Indigenous groups are the best guardians of the rainforest and deforestation data shows that the forests on their reservations are the best conserved. Lula, who pledged to legalize the greatest number of reservations possible, has so far signed decrees recognizing eight Indigenous territories since taking office in January. The Supreme Court, however, is expected rule that the cut-off date for claiming ancestral lands that were not lived on in 1988 is unconstitutional for denying recognized Indigenous rights. The reservations legalized by Lula on Tuesday are the Acapuri de Cima and the Rio Gregorio Indigenous territories in the states of Amazonas and Acre, respectively.
Persons: Marina Silva, Davi Kopenawa, Ueslei Marcelino, Luiz Inacio Lula da Silva, Lula, Cima, Sonia Guajajara, Guajajara, Anthony Boadle, Sandra Maler Organizations: Amazon, REUTERS, Rights, Rio, Indigenous Peoples, Thomson Locations: Brasilia, Brazil, Rights BRASILIA, Rio Gregorio, Amazonas, Acre
Among global recessionary fears, interest rate uncertainty and a drawn-out debt ceiling debate, safe haven strategies have been at the forefront for investors in 2023. "If I'm defining 2023, I see three big trends," John Davi, chief investment officer at Astoria Portfolio Advisors, told Seema Mody on CNBC's "ETF Edge" on Wednesday. Davi said that bond ETFs have taken in $82 billion this year, compared with $55 billion flowing into equity funds. "The international markets are much further behind the interest rate cycle and the inflation cycle. The iShares MSCI Spain ETF (EWP) is up nearly 14% this year, while the iShares MSCI Germany ETF (EWG) has gained 15%.
Persons: there's, John Davi, Seema Mody, you've, Davi, Dave Mazza, Mazza Organizations: Astoria, Finance, NASDAQ, Roundhill Investments Locations: U.S, Spain, Germany
It appears specific sector ETFs are gaining popularity as a way to cushion bank-turmoil fallout. According to VettaFi's Todd Rosenbluth, the trend applies to ETFs holding only a few large companies in particular industries. "We're seeing this year that active management and actively managed ETFs in particular have been relatively popular in complement to an existing core strategy." Rosenbluth asserts the narrow focus of big-cap sector ETFs can boost potential gains. Yet, last week on "ETF Edge," Astoria Advisors' John Davi suggested bank upheaval could expose problems lurking in ETFs tied to specific sectors.
There's speculation the Silicon Valley Bank collapse could expose problems lurking in ETFs tied to specific sectors. Astoria Portfolio Advisors CIO John Davi has financials topping his watch list. "You need to be mindful of your risk,'" Davi, who runs the AXS Astoria Inflation Sensitive ETF , told CNBC's "ETF Edge" this week. Davi contends the Financial Select Sector SPDR ETF (XLF) could be among the biggest near-term laggards. His firm sold the ETF's positions in regional banks this week and bought larger cap banks, according to Davi.
"People look at the ETF as a price discovery tool." And because most of an underlying stock within a bank ETF does not actually trade, investors are able to access liquidity without having to trade individual companies. "And we find that the ETF is the go-to place to get liquidity and to see what the market expects." The SPDR S&P Bank ETF (KBE) has fallen nearly 24% since the start of last week, although volumes in the fund were among the highest ever recorded in its 18-year history. Draper said that the larger liquidity story remains strong, and that ETFs are a big driver of that story.
Here's how some ETF experts are viewing the year and what types of funds could be winners in 2023. … In 2023, investors should be a lot more selective," said Pedro Palandrani, director of research at Global X ETFs. While those areas would be negatively affected by a recession, infrastructure spending approved earlier in the Biden administration could help create solid demand even if the U.S. consumer weakens. Similarly, iShares highlighted the U.S. Infrastructure ETF (IFRA) and the MSCI Global Agriculture ETF (VEGI) in its 2023 outlook as potential winners, in part due to their inflation-hedging properties . In iShares' 2023 outlook, the firm identified its MSCI USA Value Factor ETF (VLUE) and Core S & P Small-Cap ETF (IJR) as two funds that could benefit from a low-growth environment.
The S&P 500 is down 22% since the start of 2022, but there are signs that the bulls will overtake the bears in the new year. Davi said that while many investors have taken on bearish strategies this year, Astoria positioned itself defensively going into 2022 with inflation-fighting strategies. "Seventy-two percent of the time the S&P 500 is higher year over year since the 1920s." Pisani added more of Bogle's market statistics, citing the 56% of the time the index is up 10% year over year. "But I think inflation is what got us in this bear market recession."
How to manage market risks as equity ETF inflows persist
  + stars: | 2022-02-14 | 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 EmailHow to manage market risks as equity ETF inflows persistTom Lydon, CEO of ETF Trends and John Davi, Astoria Portfolio Advisors CEO, join the 'Halftime Report' to discuss how to manage market risks.
Fotbalistul brazilian, Neymar, este implicat într-un nou scandal de proporții în țara sa natală. Un politician l-a acuzat că l-a amenințat cu moartea. Totul ar fi pornit de la niște remarci homofobe făcute de vedeta celor de la Paris Saint-Germain.Politicianul și activistul LGBT, Agripino Magalhaes, a depus o plângere la Curtea de Justiție din Sao Paulo împotriva lui Neymar, pe care îl acuză că a orchestrat un atac armat asupra sa, după ce a publicat mai multe articole în care îl învinuiește pe fotbalist că este homofob.Politicianul a cerut în instanță ca Neymar să fie închis și să plătească despăgubiri morale în valoare de 156 de mii de euro.Presa sud-americană scrie că Agripino Magalhaes a declarat în instanță că se ascunde de teama amenințărilor cu moartea venite din partea lui Neymar dar și a avocatului său. De asemenea, acesta a mai punctat că a fost jefuit la ordinul celor doi și a scăpat cu viață doar pentru că pistolul atacatorului nu s-a descărcat.Politicianul susține că i-a fost furat telefonul mobil care conținea toate conversațiile în care cei doi îl amenințau cu moartea.Conform lui Magalhaes dosarul i-ar fi fost înmânat procurorului Cristina Tobias de Aguiar, care ar fi fost prietenă apropiată a avocatului lui Neymar. Astfel, fotbalistul ar fi scăpat de aceste acuzații.Avocatul lui Magalhaes susține că Neymar și Davi Tangerina i-ar fi propus politicianului suma de 350 de mii de euro, dacă acesta și-ar fi retras acuzațiile.
Persons: Totul, Sao Paulo, Cristina Tobias, Aguiar, Neymar, Magalhaes Organizations: LGBT Locations: Paris Saint, Sao
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