Latest news with #SPDRETF
Yahoo
30-07-2025
- Business
- Yahoo
Strong Start to Q2 Earnings Season: 4 Sector ETFs to Play
With nearly 40% of S&P 500 companies having reported their Q2 earnings, the overall picture is one of continued strength and steady improvement. A higher-than-usual number of companies are surpassing analysts' expectations, and projections for both the current and upcoming quarters are being revised upward, per Earnings Trends issued on July 29, 2025. Among the 198 S&P 500 companies that have reported their Q2 results so far, total earnings are up 7.0% compared to the same quarter last year, driven by a 5.5% increase in revenues. Additionally, 82.8% of these companies have exceeded EPS estimates, while 79.8% have surpassed revenue forecasts. The percentage of these 198 S&P 500 companies surpassing both EPS and revenue estimates is notably higher than the historical norm. Specifically, the Q2 EPS beat rate of 82.8% exceeds the 20-quarter average of 80.1%, while the revenue beat rate of 79.8% is well above the historical average of 69.0% for this group. Sector ETFs in Focus Against this backdrop, below we highlight a few sector-based exchange-traded funds (ETFs) that should enjoy the tailwind of rising Q3 estimates and strong year-over-year growth. Finance – Vanguard Financials ETF VFH – Zacks Rank #2 (Buy) In the Financial sector, Q2 earnings have been reported by companies accounting for 64.5% of the sector's market capitalization in the S&P 500. These firms have posted a 17.6% year-over-year increase in earnings, alongside a 5.8% rise in revenues. So far, 90.0% have beaten EPS estimates, while 76.0% have exceeded revenue forecasts. This is a remarkably better performance from the Finance sector relative to other recent periods, with Q2 earnings growth and the percentage of revenue beats grabbing attention in particular. Tech – Technology Select Sector SPDR ETF XLK – Zacks Rank #1 (Strong Buy) In the Technology sector, Q2 results are in for companies representing 22.4% of the sector's market capitalization within the S&P 500. These companies have reported a 15.2% increase in earnings and a 10.6% rise in revenues compared to the same quarter last year. Note that, 90.9% have exceeded EPS estimates, and 100% have topped revenue expectations. Consumer Discretionary – Consumer Discretionary Select Sector SPDR ETF XLY – Zacks Rank #3 (Hold) For the Consumer Discretionary sector, Q2 earnings are expected to be 109.7% in Q2 on 2.5% higher revenues. Q3 earnings are expected to be up 1.1% from the same period last year on 2.1% higher revenues. Aerospace – iShares U.S. Aerospace & Defense ETF ITA – Zacks Rank #2 For the Aerospace sector, Q2 earnings are expected to be 24.8% in Q2 on 11.5% higher revenues. The Q3 earnings are expected to surge 250.9% year over year on 9.9% higher revenues. 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 Technology Select Sector SPDR ETF (XLK): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports iShares U.S. Aerospace & Defense ETF (ITA): ETF Research Reports Vanguard Financials ETF (VFH): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
10-07-2025
- Business
- Yahoo
Tech ETFs Hit New Highs as NVIDIA Powers Market Rally
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 Technology Select Sector SPDR ETF (XLK): ETF Research Reports VanEck Semiconductor ETF (SMH): ETF Research Reports ARK Innovation ETF (ARKK): ETF Research Reports iShares U.S. Technology ETF (IYW): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
24-06-2025
- Business
- Yahoo
Capitalize on Tesla's Robotaxi Momentum With These ETFs
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 Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Vanguard Consumer Discretionary ETF (VCR): ETF Research Reports Fidelity MSCI Consumer Discretionary Index ETF (FDIS): ETF Research Reports 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
28-05-2025
- Business
- Yahoo
Consumer Confidence Surges in May: ETFs to Gain
Consumer sentiment got a strong boost in May, thanks to optimism over easing trade tensions between the United States and China. According to a survey released on May 27, 2025 by The Conference Board, the Consumer Confidence Index jumped to 98.0, marking a 12.3-point increase from April. This figure also far exceeded the Dow Jones consensus estimate of 86.0, as quoted on CNBC. The primary driver of the surge was the progress in U.S.-China trade negotiations. President Donald Trump's decision on May 12 to halt severe tariffs appears to have reassured consumers. The May uptick follows five consecutive months of declining consumer confidence, a trend fueled by the escalating trade war initiated by President Trump. China was a key focus of U.S. tariff actions until both sides reached a temporary truce in early May. Other components of the survey also showed improvement. The Present Situation Index climbed to 135.9, up 4.8 points. The Expectations Index surged to 72.8, an increase of 17.4 points. Investor sentiment improved as well, with 44% now expecting stock prices to rise over the next 12 months, compared to 37.6% in April. Perceptions of the labor market also improved: about 19.2% of respondents expect more job availability in the next six months (up from 13.9%). Those expecting fewer jobs fell to 26.6% (from 32.4%). A slightly increased 31.8% said jobs are 'plentiful.' Against this backdrop, both consumer discretionary and staples-based exchange-traded funds (ETFs) should benefit. These ETFs include Consumer Discretionary Select Sector SPDR Fund XLY, Vanguard Consumer Discretionary ETF VCR, Fidelity MSCI Consumer Discretionary Index ETF FDIS, SPDR S&P Retail ETF XRT, Consumer Staples Select Sector SPDR Fund XLP, iShares U.S. Consumer Discretionary ETF IYC and iShares U.S. Consumer Staples ETF IYK. 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 Consumer Staples Select Sector SPDR ETF (XLP): ETF Research Reports SPDR S&P Retail ETF (XRT): ETF Research Reports Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Vanguard Consumer Discretionary ETF (VCR): ETF Research Reports iShares U.S. Consumer Staples ETF (IYK): ETF Research Reports Fidelity MSCI Consumer Discretionary Index ETF (FDIS): ETF Research Reports iShares U.S. Consumer Discretionary ETF (IYC): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
20-02-2025
- Business
- Yahoo
Vanguard ETF poised to overtake State Street's fund as world's biggest
By Suzanne McGee (Reuters) - Vanguard Group's Standard & Poor's 500 ETF is on the edge of finally seizing the title of the world's largest exchange-traded fund from rival State Street Global Advisors' product, the SPDR S&P 500 Trust, according to data from FactSet, LSEG and other sources. As of late Friday, the State Street fund was still clinging to the lead, with $633.1 billion in assets compared with $631.8 billion for the Vanguard ETF. That gap, however, has been narrowing consistently in recent months. Final data for inflows into both ETFs will not be available until later on Tuesday or Wednesday morning, FactSet and others said. Analysts at Citi Research tracking monthly flows into and out of exchange-traded funds reported earlier this month that SPY had $19.4 billion in outflows, accounting for 25.7% of all U.S. equity ETF outflows. Meanwhile, the Vanguard ETF raked in 12.9% of all inflows in January, for a total of $21.3 billion. The SPDR ETF, launched in 1993, was the first U.S. exchange-traded fund. It has reigned as the largest U.S. stock ETF ever since and remains the first choice of hedge funds and traders who prize its liquidity and tight trading spreads. But Vanguard's lower-fee challenger, launched in 2010, won admirers among financial advisors and retail investors interested in paring costs to the bone. "SPY's transition from being primarily an investment tool to more of a trading vehicle has made flows more volatile," said Ryan Jackson, senior analyst of passive strategies at Morningstar. The ETF industry has also undergone massive changes, with the three biggest firms in the U.S. industry - BlackRock, Vanguard and State Street - coming under siege from relative newcomers. "There is now more of a fight for market share," said Anna Paglia, who last year left her post as global head of ETFs at Invesco to join State Street as executive vice president and chief business officer. "SPY does keep growing in size because it's still the most traded ETF in the world," Paglia told Reuters. She added that flows into and out of SPY tend to be seasonal in nature and that outflows early in the year are "not unforeseen." Moreover, Paglia said flows into a retail-focused S&P 500, the SPDR Portfolio S&P 500 ETF remain robust. According to the recent Citi Research report, this ETF - a "mini" version of SPY launched in 2005 designed to appeal to retail investors and with fees of only 0.02% - was the fifth-largest ETF in terms of inflows for January, attracting $3.2 billion. "We don't look at SPY in isolation," Paglia told Reuters. "We look at the ecosystem." That does not alter the reality that Vanguard's ETF may have finally toppled its State Street rival, said Todd Rosenbluth, head of research at VettaFi. "State Street remains a dominant player in the ETF universe, but these are two different products."
