ETFs for Redeploying Core Equity Allocations in 2022

Happy New Year!   My previous column focused on the ValuEngine forecast targets for 6 Benchmark Index ETFs.  To varying degrees, our models expect all of them to post negative price returns.  The question for investors concerned with a downturn is what to do and, if reallocation from assets committed to core equity is required, how … Read more

2022 Market Forecasts: Sell in May and Go Away?

A common toast has been: “May 2022 be better than 2021!”  However, where the US Stock Market is concerned, most of us would gratefully accept a repeat of 2021’s returns.   The ETF reports on ValuEngine.com for funds that follow market benchmarks provide a side benefit in writing market analyses.  They are a window to implicit … Read more

BEWARE of BITO, the “ProShares Bitcoin Strategy ETF”

This is a departure from my usual blog, focusing on the newly launched ProShares Bitcoin Strategy ETF (BITO). Most ETFs analyzed in my blog articles are covered by ValuEngine with a handful of exceptions. ValuEngine does not cover any ETFs that do not hold stocks.  Moreover being newly launched, our price-based models cannot yet be … Read more

Inside Bank and Financial ETFs: How Do They Compare?

Two other analysts whose blogs I monitor wrote in their midyear reports that they were bullish on bank and financial ETFs. My analysis using ValuEngine data below differs significantly. One analyst singled out KRE and the other’s favorite was FTXO.  They cited that the P/B and P/E ratios were considerably lower than the market averages.  … Read more

Mid-Year Market Forecasts

The ETF reports on ValuEngine for funds that follow market benchmarks provide a side benefit in writing market analyses.  They allow me to discuss the implicit forecast for 1-, 3-, 6- and 12-month forecasts our models are making for each benchmark’s ETF portfolio.  This is because the ratings and projections combine bottom-up constituent analysis with … Read more

Drill, Baby, Drill? Oil ETFs

For each blog article, I scan through relevant groups of ETFs that relate to possible investment strategies.  Three ETFs from iShares by BlackRock stood out to me this week: IEO, IEZ, IYE.  All have ValuEngine’s strongest rating of 5 checks and all have fared very well in price performance during the past 6 months since … Read more

Inside Value ETFs

The market has been in a value phase the past 6 months which has been well documented by others.  The regime change was heartily welcomed by almost all managers of value funds, both active and passive. This is because the previous 13 years have been relentlessly difficult for value managers in terms of relative performance … Read more

03/08/2021 What’s in Your Core?

By Herb Blank If you are an investor with less than $1 billion to invest and a holding horizon of more than 3 months, do NOT buy SPY to access exposure to the S&P 500.  This is true even though SPY has the most assets under management and the highest average trading volume by far. The simple … Read more

Inside Actively Managed Equity ETFs

By Herbert Blank Actively managed ETFs have evolved very differently from index-driven ETFs.  Most of the assets have been accumulated in actively managed fixed income ETFs while the vast preponderance of Assets Under Management in Equity ETFs are index driven. Although there are many legacy reasons for this, the fact is that the efficiencies of … Read more

Dividend ETFs, How to Decide Which is Best for You.

By Herbert Blank Dividend ETFs have seen major inflows in recent years.  At a time when most fixed income ETFs have historically low yields, that interest is easy to understand.  There are more than 100 US-listed ETFs categorized by Morningstar, ETF.com, ETF Stream and others as Dividend ETFs.  Many of these use very different methodologies to satisfy … Read more