Latest news with #Industrials
Yahoo
3 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
Business Insider
3 days ago
- Business
- Business Insider
Closing Bell Movers: Credo Technology jumps 11% on earnings
In the opening hour of the evening session, U.S. equity futures are down a margins 0.1% across the major indices – S&P 500, Nasdaq 100, and Dow Industrials. In commodities, WTI Crude Oil futures ticked up about 20c above $63 per barrel following comments from President Trump that Iran will not be allowed to enrich any uranium. In precious metals, Gold and Silver are both breaking out higher above $3,410 and $34.00 per ounce respectively after two weeks of more contained rangebound action. Confident Investing Starts Here: Stocks had opened the week on the back foot amid concerns of escalation in U.S.-China trade negotiations but reversed to the upside mid-day and finished the session strong near the highs on solid volume in the final hour. Energy and Tech led the S&P 500 sector, while Industrials lagged – even though steelmakers Nucor (NUE) and Steel Dynamics (STLD) were the best performing stocks in the index on the announcement that U.S. will increase steel tariffs to 50% from 25%. Macro focus for investors this week falls on the jobs data, with JOLTS report from U.S. Labor Bureau on deck for tomorrow, followed by ADP employment on Wednesday, weekly claims on Thursday, and non-farm payrolls for May on Friday. Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGS – Credo Technology (CRDO) up 10.8% ALSO HIGHER – ALSO LOWER –
Yahoo
22-05-2025
- Business
- Yahoo
Investors Will Want Warisan TC Holdings Berhad's (KLSE:WARISAN) Growth In ROCE To Persist
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. So when we looked at Warisan TC Holdings Berhad (KLSE:WARISAN) and its trend of ROCE, we really liked what we saw. Our free stock report includes 1 warning sign investors should be aware of before investing in Warisan TC Holdings Berhad. Read for free now. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Warisan TC Holdings Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.0047 = RM1.6m ÷ (RM845m - RM514m) (Based on the trailing twelve months to December 2024). Thus, Warisan TC Holdings Berhad has an ROCE of 0.5%. Ultimately, that's a low return and it under-performs the Industrials industry average of 8.6%. Check out our latest analysis for Warisan TC Holdings Berhad Historical performance is a great place to start when researching a stock so above you can see the gauge for Warisan TC Holdings Berhad's ROCE against it's prior returns. If you'd like to look at how Warisan TC Holdings Berhad has performed in the past in other metrics, you can view this free graph of Warisan TC Holdings Berhad's past earnings, revenue and cash flow. We're delighted to see that Warisan TC Holdings Berhad is reaping rewards from its investments and has now broken into profitability. While the business was unprofitable in the past, it's now turned things around and is earning 0.5% on its capital. Interestingly, the capital employed by the business has remained relatively flat, so these higher returns are either from prior investments paying off or increased efficiencies. With no noticeable increase in capital employed, it's worth knowing what the company plans on doing going forward in regards to reinvesting and growing the business. Because in the end, a business can only get so efficient. On a side note, Warisan TC Holdings Berhad's current liabilities are still rather high at 61% of total assets. This effectively means that suppliers (or short-term creditors) are funding a large portion of the business, so just be aware that this can introduce some elements of risk. Ideally we'd like to see this reduce as that would mean fewer obligations bearing risks. To sum it up, Warisan TC Holdings Berhad is collecting higher returns from the same amount of capital, and that's impressive. Given the stock has declined 10% in the last five years, this could be a good investment if the valuation and other metrics are also appealing. That being the case, research into the company's current valuation metrics and future prospects seems fitting. On a separate note, we've found 1 warning sign for Warisan TC Holdings Berhad you'll probably want to know about. While Warisan TC Holdings Berhad may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. 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
21-05-2025
- Business
- Yahoo
Should First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) Be on Your Investing Radar?
If you're interested in broad exposure to the Mid Cap Value segment of the US equity market, look no further than the First Trust SMID Cap Rising Dividend Achievers ETF (SDVY), a passively managed exchange traded fund launched on 11/01/2017. The fund is sponsored by First Trust Advisors. It has amassed assets over $8.09 billion, making it one of the larger ETFs attempting to match the Mid Cap Value segment of the US equity market. Mid cap companies, with market capitalization in the range of $2 billion and $10 billion, offer investors many things that small and large companies don't, including less risk and higher growth opportunities. Thus they have a nice balance of growth potential and stability. Carrying lower than average price-to-earnings and price-to-book ratios, value stocks also have lower than average sales and earnings growth rates. When you look at long-term performance, value stocks have outperformed growth stocks in nearly all markets. But in strong bull markets, growth stocks are more likely to be winners. 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 counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.59%, making it one of the most expensive products in the space. It has a 12-month trailing dividend yield of 2.05%. Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Financials sector--about 32.60% of the portfolio. Industrials and Consumer Discretionary round out the top three. Looking at individual holdings, Interdigital, Inc. (IDCC) accounts for about 1.15% of total assets, followed by Perdoceo Education Corporation (PRDO) and Paycom Software, Inc. (PAYC). The top 10 holdings account for about 10.32% of total assets under management. SDVY seeks to match the performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers Index before fees and expenses. The NASDAQ US Small Mid Cap Rising Dividend Achievers Index is composed of the securities of 100 small and mid-cap companies with a history of raising their dividends and exhibit the characteristics to continue to do so in the future. The ETF has lost about -1.37% so far this year and it's up approximately 3.37% in the last one year (as of 05/21/2025). In the past 52-week period, it has traded between $29.52 and $40.33. The ETF has a beta of 1.11 and standard deviation of 22.16% for the trailing three-year period. With about 190 holdings, it effectively diversifies company-specific risk. First Trust SMID Cap Rising Dividend Achievers ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, SDVY is a reasonable option for those seeking exposure to the Style Box - Mid Cap Value area of the market. Investors might also want to consider some other ETF options in the space. The iShares Russell Mid-Cap Value ETF (IWS) and the Vanguard Mid-Cap Value ETF (VOE) track a similar index. While iShares Russell Mid-Cap Value ETF has $13.33 billion in assets, Vanguard Mid-Cap Value ETF has $17.75 billion. IWS has an expense ratio of 0.23% and VOE charges 0.07%. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. 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 First Trust SMID Cap Rising Dividend Achievers ETF (SDVY): ETF Research Reports InterDigital, Inc. (IDCC) : Free Stock Analysis Report Paycom Software, Inc. (PAYC) : Free Stock Analysis Report Vanguard Mid-Cap Value ETF (VOE): ETF Research Reports iShares Russell Mid-Cap Value ETF (IWS): ETF Research Reports Perdoceo Education Corporation (PRDO) : 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
20-05-2025
- Business
- Yahoo
Should First Trust Small Cap Core AlphaDEX ETF (FYX) Be on Your Investing Radar?
Designed to provide broad exposure to the Small Cap Blend segment of the US equity market, the First Trust Small Cap Core AlphaDEX ETF (FYX) is a passively managed exchange traded fund launched on 05/08/2007. The fund is sponsored by First Trust Advisors. It has amassed assets over $822.01 million, making it one of the average sized ETFs attempting to match the Small Cap Blend segment of the US equity market. With more potential comes more risk, and small cap companies, with market capitalization below $2 billion, epitomizes this way of thinking. Blend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics. 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 counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.61%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 1.59%. 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 to the Financials sector--about 22.20% of the portfolio. Industrials and Consumer Discretionary round out the top three. Looking at individual holdings, Alignment Healthcare, Inc. (ALHC) accounts for about 0.57% of total assets, followed by Tg Therapeutics, Inc. (TGTX) and Dnow Inc. (DNOW). The top 10 holdings account for about 4.42% of total assets under management. FYX seeks to match the performance of the Nasdaq AlphaDEX Small Cap Core Index before fees and expenses. The NASDAQ AlphaDEX Small Cap Core Index is an enhanced index which employs the AlphaDEX stock selection methodology to select stocks from the NASDAQ US 700 Small Cap Index. The ETF has lost about -6.04% so far this year and is up about 2.79% in the last one year (as of 05/19/2025). In the past 52-week period, it has traded between $79.22 and $110.53. The ETF has a beta of 1.12 and standard deviation of 22.91% for the trailing three-year period, making it a medium risk choice in the space. With about 525 holdings, it effectively diversifies company-specific risk. First Trust Small Cap Core AlphaDEX ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, FYX is a reasonable option for those seeking exposure to the Style Box - Small Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The iShares Russell 2000 ETF (IWM) and the iShares Core S&P Small-Cap ETF (IJR) track a similar index. While iShares Russell 2000 ETF has $64.30 billion in assets, iShares Core S&P Small-Cap ETF has $79.31 billion. IWM has an expense ratio of 0.19% and IJR charges 0.06%. While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. 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 First Trust Small Cap Core AlphaDEX ETF (FYX): ETF Research Reports TG Therapeutics, Inc. (TGTX) : Free Stock Analysis Report iShares Russell 2000 ETF (IWM): ETF Research Reports DNOW Inc. (DNOW) : Free Stock Analysis Report iShares Core S&P Small-Cap ETF (IJR): ETF Research Reports Alignment Healthcare, Inc. (ALHC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
