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Yahoo
29-05-2025
- Business
- Yahoo
UBS: Trade Chaos Fans Fed's Caution
SPDR S&P 500 ETF Trust (SPY) slips as UBS warns that tariff uncertainty will keep the Federal Reserve on the sidelines. UBS Chief Economist Paul Donovan notes that a U.S. trade court invalidated roughly half of President Trump's emergency-power tariffs, lifting a significant tax burden but leaving uncertainty firmly in place. Futures markets are pricing in two quarter-point Fed rate cuts this yearone in September and another by year-endafter the Fed's own minutes reaffirmed a wait-and-see stance amid policy ambiguity. Donovan argues that while the court decision eases costs for consumers and companies, it doesn't reset to factory settingsthe ruling will be appealed, and future tariff moves or alternate legislation could reimpose trade taxes. That back-and-forth may prompt businesses to delay investment or hiring and hold off further price increases until the outlook clears. Investors should care because persistent tariff risks can dampen growth, keep interest rates elevated for longer and weigh on market sentiment. With the Fed's next policy meeting slated for June 1112, markets will be watching for any shift in guidance on the appeal process or fresh trade-related developments. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
29-05-2025
- Business
- Yahoo
UBS: Trade Chaos Fans Fed's Caution
SPDR S&P 500 ETF Trust (SPY) slips as UBS warns that tariff uncertainty will keep the Federal Reserve on the sidelines. UBS Chief Economist Paul Donovan notes that a U.S. trade court invalidated roughly half of President Trump's emergency-power tariffs, lifting a significant tax burden but leaving uncertainty firmly in place. Futures markets are pricing in two quarter-point Fed rate cuts this yearone in September and another by year-endafter the Fed's own minutes reaffirmed a wait-and-see stance amid policy ambiguity. Donovan argues that while the court decision eases costs for consumers and companies, it doesn't reset to factory settingsthe ruling will be appealed, and future tariff moves or alternate legislation could reimpose trade taxes. That back-and-forth may prompt businesses to delay investment or hiring and hold off further price increases until the outlook clears. Investors should care because persistent tariff risks can dampen growth, keep interest rates elevated for longer and weigh on market sentiment. With the Fed's next policy meeting slated for June 1112, markets will be watching for any shift in guidance on the appeal process or fresh trade-related developments. This article first appeared on GuruFocus.
Yahoo
26-05-2025
- Business
- Yahoo
Should SPDR S&P 400 Mid Cap Growth ETF (MDYG) Be on Your Investing Radar?
Looking for broad exposure to the Mid Cap Growth segment of the US equity market? You should consider the SPDR S&P 400 Mid Cap Growth ETF (MDYG), a passively managed exchange traded fund launched on 11/08/2005. The fund is sponsored by State Street Global Advisors. It has amassed assets over $2.18 billion, making it one of the average sized ETFs attempting to match the Mid Cap Growth segment of the US equity market. With market capitalization between $2 billion and $10 billion, mid cap companies usually contain higher growth prospects than large cap companies, and are considered less risky than their small cap counterparts. Thus they have a nice balance of growth potential and stability. Growth stocks have higher than average sales and earnings growth rates. While these are expected to grow faster than the broader market, they also have higher valuations. Something to keep in mind is the higher level of volatility that is affiliated with growth stocks. Compared to value stocks, growth stocks are a safer bet in a strong bull market, but don't perform as strongly in almost all other financial environments. Since cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio. Annual operating expenses for this ETF are 0.15%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 0.92%. 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 Industrials sector--about 27.10% of the portfolio. Financials and Consumer Discretionary round out the top three. Looking at individual holdings, Emcor Group Inc (EME) accounts for about 1.40% of total assets, followed by Interactive Brokers Gro Cl A (IBKR) and Okta Inc (OKTA). The top 10 holdings account for about 12.67% of total assets under management. MDYG seeks to match the performance of the S&P MidCap 400 Growth Index before fees and expenses. The S&P MidCap 400 Growth Index measures the performance of the mid-capitalization growth sector in the U.S. equity market. The ETF has lost about -3.78% so far this year and is down about -0.90% in the last one year (as of 05/26/2025). In the past 52-week period, it has traded between $70.44 and $94.90. The ETF has a beta of 1.08 and standard deviation of 21.05% for the trailing three-year period, making it a medium risk choice in the space. With about 242 holdings, it effectively diversifies company-specific risk. SPDR S&P 400 Mid Cap Growth ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, MDYG is an outstanding option for investors seeking exposure to the Style Box - Mid Cap Growth segment of the market. There are other additional ETFs in the space that investors could consider as well. The Vanguard Mid-Cap Growth ETF (VOT) and the iShares Russell Mid-Cap Growth ETF (IWP) track a similar index. While Vanguard Mid-Cap Growth ETF has $15.86 billion in assets, iShares Russell Mid-Cap Growth ETF has $18.14 billion. VOT has an expense ratio of 0.07% and IWP charges 0.23%. 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 SPDR S&P 400 Mid Cap Growth ETF (MDYG): ETF Research Reports Interactive Brokers Group, Inc. (IBKR) : Free Stock Analysis Report EMCOR Group, Inc. (EME) : Free Stock Analysis Report iShares Russell Mid-Cap Growth ETF (IWP): ETF Research Reports Vanguard Mid-Cap Growth ETF (VOT): ETF Research Reports Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
16-05-2025
- Business
- Yahoo
Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025
A new 90-day pause and lowered tariff amounts between the United States and China have helped send the stock market higher with the S&P 500 drifting back into positive territory for 2025. The stock market gains have also helped the richest people in the world get richer. Here's a look at how the top 10 billionaires list is shaping up this year. What Happened: The 10 richest people in the world added $518 billion to their wealth in 2024, ending the year worth a combined $2.02 trillion. After the stock market's strong 2024, the wealth of the world's richest has been significantly different in 2025. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — As of May 13, only four of the world's ten richest individuals have posted gains in 2025. That's up from just three in late March, and the group's total combined wealth is inching closer to positive for the year after sharp declines in March and April. Here are the current top 10 richest people in the world, with their 2025 gain or loss, as reported by Bloomberg: Elon Musk: $370 billion, -$62.6 billion Jeff Bezos: $232 billion, -$6.9 billion Mark Zuckerberg: $231 billion, +$24.2 billion Larry Ellison: $187 billion, -$5.6 billion Bill Gates: $170 billion, +$11.3 billion Bernard Arnault: $165 billion, -$10.9 billion Warren Buffett: $160 billion, +$17.9 billion Steve Ballmer: $156 billion, +$9.2 billion Larry Page: $146 billion, -$22.6 billion Sergey Brin: $137 billion, -$21.0 billion Together the top 10 richest people in the world are worth $1.95 trillion and have lost $67 billion in 2025. The names on the top 10 list are all the same with only their placements changing from the end of 2024. The top four are the same, with Gates moving up two places, Arnault dropping one place, Buffett moving up three places, Ballmer moving down one place, Page moving down three places and Brin moving down two It's Important: Many of the world's richest have wealth tied to technology stocks, a sector hit hard by tariffs on China. With the 90-day pause and lower tariff amount, technology stocks have rebounded and helped boost the wealth of many people. The SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, is up 0.6% year-to-date in 2025 after spending months in the red. While Musk's wealth dropped significantly in 2025, it could be getting closer to returning to the more than $400 billion figure he had in December 2024, when Tesla Inc (NASDAQ:TSLA) stock hit all-time highs. Tesla stock is up 37% over the last month and shares are currently down 8.1% year-to-date in 2025, reversing trends from being down double digits on the year. Musk's wealth was $320 billion in late March and $310 billion in late April. With five months complete in 2025, more than half the year remains to see if the 10 richest people in the world end with a positive wealth gain or if factors like tariffs and macroeconomic concerns send stocks lower again. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.30/share! Photo: digihelion/shutterstock Send To MSN: Send to MSN Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025 originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. 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
15-05-2025
- Business
- Yahoo
Is SPDR S&P Aerospace & Defense ETF (XAR) a Strong ETF Right Now?
A smart beta exchange traded fund, the SPDR S&P Aerospace & Defense ETF (XAR) debuted on 09/28/2011, and offers broad exposure to the Industrials ETFs category of the market. Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry. 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. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. By attempting to pick stocks that have a better chance of risk-return performance, non-cap weighted indexes are based on certain fundamental characteristics, or a combination of such. This area offers many different investment choices, such as simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies; however, not all of these strategies can deliver superior results. The fund is managed by State Street Global Advisors. XAR has been able to amass assets over $2.98 billion, making it one of the larger ETFs in the Industrials ETFs. XAR seeks to match the performance of the S&P Aerospace & Defense Select Industry Index before fees and expenses. The S&P Aerospace & Defense Select Industry Index represents the aerospace & defense sub-industry portion of the S&P Total Stock Market Index. The S&P TMI tracks all the U.S. common stocks listed on the NYSE, AMEX, NASDAQ National Market and NASDAQ Global Select Market. The Aerospace & Defense Index is a modified equal weight index. Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. Operating expenses on an annual basis are 0.35% for XAR, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 0.62%. ETFs offer 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 Industrials sector - about 100% of the portfolio. Looking at individual holdings, Boeing Co/the (BA) accounts for about 4.24% of total assets, followed by Northrop Grumman Corp (NOC) and Huntington Ingalls Industrie (HII). Its top 10 holdings account for approximately 40.75% of XAR's total assets under management. The ETF return is roughly 10.83% so far this year and was up about 28.64% in the last one year (as of 05/15/2025). In the past 52-week period, it has traded between $138.69 and $183.59. The ETF has a beta of 1.05 and standard deviation of 21.90% for the trailing three-year period, making it a medium risk choice in the space. With about 38 holdings, it has more concentrated exposure than peers. SPDR S&P Aerospace & Defense ETF is an excellent option for investors seeking to outperform the Industrials ETFs segment of the market. There are other ETFs in the space which investors could consider as well. Invesco Aerospace & Defense ETF (PPA) tracks SPADE Defense Index and the iShares U.S. Aerospace & Defense ETF (ITA) tracks Dow Jones U.S. Select Aerospace & Defense Index. Invesco Aerospace & Defense ETF has $5.02 billion in assets, iShares U.S. Aerospace & Defense ETF has $6.88 billion. PPA has an expense ratio of 0.57% and ITA charges 0.40%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Industrials 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 SPDR S&P Aerospace & Defense ETF (XAR): ETF Research Reports The Boeing Company (BA) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Huntington Ingalls Industries, Inc. (HII) : Free Stock Analysis Report iShares U.S. Aerospace & Defense ETF (ITA): ETF Research Reports Invesco Aerospace & Defense ETF (PPA): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
