Latest news with #Discretionary
Yahoo
5 days ago
- Business
- Yahoo
Should You Invest in the iShares U.S. Home Construction ETF (ITB)?
Launched on 05/01/2006, the iShares U.S. Home Construction ETF (ITB) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Discretionary - Broad segment of the equity market. Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Consumer Discretionary - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 9, placing it in bottom 44%. The fund is sponsored by Blackrock. It has amassed assets over $2 billion, making it one of the largest ETFs attempting to match the performance of the Consumer Discretionary - Broad segment of the equity market. ITB seeks to match the performance of the Dow Jones U.S. Select Home Construction Index before fees and expenses. The Dow Jones U.S. Select Home Construction Index comprises of U.S. equities in the home construction sector. Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.39%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 0.56%. ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation in the Consumer Discretionary sector--about 77.20% of the portfolio. Industrials and Materials round out the top three. Looking at individual holdings, D R Horton Inc (DHI) accounts for about 14.13% of total assets, followed by Lennar A Corp Class A (LEN) and Nvr Inc (NVR). The top 10 holdings account for about 65.98% of total assets under management. The ETF has lost about -13.77% and is down about -15.71% so far this year and in the past one year (as of 06/03/2025), respectively. ITB has traded between $85.52 and $129.34 during this last 52-week period. The ETF has a beta of 1.37 and standard deviation of 28.40% for the trailing three-year period, making it a high risk choice in the space. With about 51 holdings, it effectively diversifies company-specific risk. IShares U.S. Home Construction ETF sports a Zacks ETF Rank of 4 (Sell), which is based on expected asset class return, expense ratio, and momentum, among other factors. ITB, then, is not the best option for investors seeking exposure to the Consumer Discretionary ETFs segment of the market. Instead, there are better ETFs in the space to consider. Vanguard Consumer Discretionary ETF (VCR) tracks MSCI US Investable Market Consumer Discretionary 25/50 Index and the Consumer Discretionary Select Sector SPDR ETF (XLY) tracks Consumer Discretionary Select Sector Index. Vanguard Consumer Discretionary ETF has $5.80 billion in assets, Consumer Discretionary Select Sector SPDR ETF has $21.47 billion. VCR has an expense ratio of 0.09% and XLY charges 0.08%. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares U.S. Home Construction ETF (ITB): ETF Research Reports Lennar Corporation (LEN) : Free Stock Analysis Report D.R. Horton, Inc. (DHI) : Free Stock Analysis Report NVR, Inc. (NVR) : Free Stock Analysis Report Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Vanguard Consumer Discretionary ETF (VCR): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Business
- Yahoo
Is Invesco Leisure and Entertainment ETF (PEJ) a Strong ETF Right Now?
A smart beta exchange traded fund, the Invesco Leisure and Entertainment ETF (PEJ) debuted on 06/23/2005, and offers broad exposure to the Consumer Discretionary ETFs category of the market. The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. The fund is managed by Invesco, and has been able to amass over $331.78 million, which makes it one of the larger ETFs in the Consumer Discretionary ETFs. PEJ, before fees and expenses, seeks to match the performance of the Dynamic Leisure & Entertainment Intellidex Index. The Dynamic Leisure & Entertainment Intellidex Index is comprised of stocks of U.S. leisure and entertainment companies. The Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Annual operating expenses for PEJ are 0.57%, which makes it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.12%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation in the Consumer Discretionary sector - about 62.10% of the portfolio. Telecom and Industrials round out the top three. When you look at individual holdings, Doordash Inc (DASH) accounts for about 5.88% of the fund's total assets, followed by Royal Caribbean Cruises Ltd (RCL) and Sysco Corp (SYY). Its top 10 holdings account for approximately 45.33% of PEJ's total assets under management. Year-to-date, the Invesco Leisure and Entertainment ETF has gained about 2.82% so far, and is up roughly 21.96% over the last 12 months (as of 06/03/2025). PEJ has traded between $42.41 and $57.72 in this past 52-week period. PEJ has a beta of 1.22 and standard deviation of 22.64% for the trailing three-year period, which makes the fund a high risk choice in the space. With about 32 holdings, it has more concentrated exposure than peers. Invesco Leisure and Entertainment ETF is a reasonable option for investors seeking to outperform the Consumer Discretionary ETFs segment of the market. However, there are other ETFs in the space which investors could consider. Global X Video Games & Esports ETF (HERO) tracks SOLACTIVE VIDEO GAMES & ESPORTS INDEX and the VanEck Video Gaming and eSports ETF (ESPO) tracks MVIS GLOBAL VIDEO GAMING AND ESPORTS IND. Global X Video Games & Esports ETF has $145.82 million in assets, VanEck Video Gaming and eSports ETF has $355.76 million. HERO has an expense ratio of 0.50% and ESPO charges 0.56%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Consumer Discretionary ETFs. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco Leisure and Entertainment ETF (PEJ): ETF Research Reports Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report Sysco Corporation (SYY) : Free Stock Analysis Report Global X Video Games & Esports ETF (HERO): ETF Research Reports VanEck Video Gaming and eSports ETF (ESPO): ETF Research Reports DoorDash, Inc. (DASH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-03-2025
- Business
- Yahoo
Exploring Audinate Group And 2 Emerging Australian High Growth Tech Stocks
The Australian market recently saw the ASX200 close flat at 7,936 points with mixed performance across sectors, as Discretionary and Financials led gains while Information Technology lagged behind. In this environment of fluctuating sector performance, identifying high growth tech stocks like Audinate Group and other emerging players in Australia involves looking for companies that demonstrate resilience and innovation amidst broader market challenges. Name Revenue Growth Earnings Growth Growth Rating Clinuvel Pharmaceuticals 23.05% 25.80% ★★★★★☆ Gratifii 42.14% 113.99% ★★★★★★ Telix Pharmaceuticals 20.02% 34.26% ★★★★★★ Pro Medicus 23.02% 24.25% ★★★★★★ WiseTech Global 20.48% 25.55% ★★★★★★ Wrkr 51.62% 116.83% ★★★★★★ AVA Risk Group 29.15% 108.15% ★★★★★★ BlinkLab 65.54% 64.35% ★★★★★★ SiteMinder 21.09% 65.36% ★★★★★★ Opthea 59.34% 68.40% ★★★★★★ Click here to see the full list of 51 stocks from our ASX High Growth Tech and AI Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Audinate Group Limited specializes in developing and selling digital audio visual networking solutions both in Australia and internationally, with a market capitalization of A$542.66 million. Operations: The company generates revenue primarily through its Contract Electronics Manufacturing Services, which amounted to A$73.60 million. Despite recent challenges, including a drop from the S&P/ASX 200 Index and a significant earnings decline in the latest half-year results, Audinate Group demonstrates resilience with its strategic focus on innovation. The company's commitment to R&D is evident as it navigates through a tough phase marked by a sales decrease to AUD 28.72 million from AUD 46.6 million year-over-year and swinging to a net loss of AUD 2.21 million from a prior net income of AUD 4.75 million. However, looking forward, Audinate is poised for recovery with anticipated revenue growth at an annual rate of 16.1%, outpacing the Australian market's average of 5.9%. This growth trajectory coupled with an expected earnings increase of approximately 50.7% annually suggests potential for rebound as market conditions improve. Navigate through the intricacies of Audinate Group with our comprehensive health report here. Understand Audinate Group's track record by examining our Past report. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Data#3 Limited is an IT solutions and services provider operating in Australia, Fiji, and the Pacific Islands with a market capitalization of A$1.16 billion. Operations: The company generates revenue primarily through its Value-Added IT Reseller and IT Solutions Provider segment, which accounts for A$798.05 million. The business focuses on delivering comprehensive IT solutions and services across multiple regions, contributing to its financial performance. Data#3 Limited, a contender in Australia's tech landscape, shows promising financial dynamics despite a slight dip in sales to AUD 391.18 million from AUD 398.88 million year-over-year. The company's net income also saw a decrease, settling at AUD 22.35 million compared to the previous year's AUD 30.76 million. However, its commitment to innovation and growth is clear with an expected revenue increase of 23.9% annually and earnings projected to rise by 10.7% per year, outstripping the Australian market average growth rates of 5.9% and 12.2%, respectively. This performance is bolstered by strategic leadership changes and consistent dividend payouts, signaling robust governance and shareholder value focus amidst evolving market conditions. Take a closer look at Data#3's potential here in our health report. Gain insights into Data#3's historical performance by reviewing our past performance report. Simply Wall St Growth Rating: ★★★★★★ Overview: Pro Medicus Limited is a healthcare informatics company that develops and supplies healthcare imaging software and radiology information system software to hospitals, imaging centers, and healthcare groups across Australia, North America, and Europe with a market cap of A$24.02 billion. Operations: Pro Medicus generates revenue primarily through the production of integrated software applications for the healthcare industry, amounting to A$184.58 million. The company's focus on healthcare imaging and radiology information systems supports its operations across Australia, North America, and Europe. Pro Medicus, recently added to the S&P/ASX 50 Index, continues to demonstrate robust growth with a 23% annual revenue increase and a notable 24.3% rise in earnings per year, outpacing the Australian market's average. This performance is underpinned by significant R&D investment, which has fueled innovations driving these financial achievements. The company's strategic positioning in high-growth sectors, coupled with recent presentations at major industry events like the Morgan Stanley Technology Conference, underscores its commitment to maintaining a leading edge in tech development. With earnings growing by 41% over the past year and forecasted substantial growth over the next three years, Pro Medicus appears well-positioned to sustain its upward trajectory amidst dynamic market conditions. Dive into the specifics of Pro Medicus here with our thorough health report. Review our historical performance report to gain insights into Pro Medicus''s past performance. Explore the 51 names from our ASX High Growth Tech and AI Stocks screener here. Are you invested in these stocks already? Keep abreast of every twist and turn by setting up a portfolio with Simply Wall St, where we make it simple for investors like you to stay informed and proactive. Streamline your investment strategy with Simply Wall St's app for free and benefit from extensive research on stocks across all corners of the world. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:AD8 ASX:DTL and ASX:PME. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
