Latest news with #iSharesMSCICanadaETF
CNBC
11-07-2025
- Business
- CNBC
Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more
Check out the companies making headlines before the bell. Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also increased its dividend and raised full-year guidance on several key metrics. Coinbase , MicroStrategy — Shares of Coinbase and MicroStrategy added 1% and 3%, respectively, as bitcoin reached a fresh all-time high on Friday. The price of the flagship cryptocurrency flew above $118,000 after bitcoin ETFs saw their biggest day of inflows of the year. BP — The energy giant said that second-quarter results from its oil trading division should be strong and that the company expects higher upstream production buoyed by U.S. operations. BP warned, however, that lower oil and gas prices would affect its performance. The company expects that lower oil sales and lower gas sales could hurt earnings by as much as $800 million and up to $300 million, respectively, according to a Friday press release . Shares were flat in the premarket. AMC Entertainment — The movie theater chain popped 7% in premarket trading after Wedbush upgraded the stock to outperform from neutral. The Wall Street firm said AMC is poised to benefit from a more consistent release slate over the next several quarters. Wedbush also pointed out the company is completing what could be the last major share issuance for the foreseeable future, putting a significant headwind behind it. Canadian stocks — The iShares MSCI Canada ETF (EWC) fell 0.5% after President Donald Trump announced a 35% tariff on Canadian imports into the U.S. Canada-based uranium miner Cameco and TD Bank were also lower in the premarket. Performance Food Group — Shares rallied 8% after Bloomberg News reported , citing people familiar with the matter, that U.S. Foods is considering a takeover of the food distributor. AeroVironment , Kratos Defense & Security — Shares of AeroVironment and Kratos gained more than 4% each after Defense Secretary Pete Hegseth ordered the Pentagon to fast track drone production. — CNBC's Fred Imbert, Jesse Pound and Yun Li contributed reporting.
Yahoo
29-04-2025
- Business
- Yahoo
Canadian ETFs Energized by Carney's Stand Against Trump
The election victory of Canadian Prime Minister Mark Carney, who declared Canada would "never yield" to U.S. pressure, according to CNN, coincides with strong performance from ETFs focused on Canadian markets despite growing economic challenges between the two nations. As Canada-U.S. relations deteriorate under trade pressures, investors looking north have several ETF options showing resilience, with data suggesting money is moving toward both equity exposure and currency funds while Canada's new leadership charts an independent economic path. According to data, the JPMorgan BetaBuilders Canada ETF (BBCA) has delivered a more than 16 % return over the past year while charging a 0.19% expense ratio. The fund, which tracks large- and mid-cap Canadian equities, has attracted $38 million in year-to-date inflows. BBCA's performance comes at a time when Carney has stated, "America wants our land, our resources, our water, our country," as reported by CNN. The fund holds Royal Bank of Canada as its top position at 7.7%, followed by Shopify Inc. (SHOP) at 5.3%, but uniquely includes Agnico Eagle Mines Limited (2.8%) in its top 10 holdings, per data. While all three major Canadian equity ETFs share similar core holdings, they differ in both methodology and investor appeal. BBCA excludes small-caps but maintains $7.7 billion in assets with the highest year-to-date performance among its peers, data show. The iShares MSCI Canada ETF (EWC) shares the same top holdings but includes Canadian Natural Resources Limited (2.8%) in its top 10, while excluding Agnico Eagle Mines. Despite its higher 0.5% expense ratio, EWC has attracted $74.9 million in year-to-date flows and maintains $2.7 billion in assets, reports. The Franklin's FTSE Canada ETF (FLCA) offers the lowest expense ratio at just 0.09% with a portfolio composition similar to EWC. According to FLCA uses an RIC-compliant index structure to avoid large stock concentrations but has experienced $7.5 million in year-to-date outflows despite posting the best one-year performance at 16.2%. The Invesco CurrencyShares Canadian Dollar Trust (FXC) takes a different approach, offering pure currency exposure rather than equity holdings. FXC has gained 4.3% year to date and has seen $20.9 million in three-month inflows at a time when Carney is seeking to strengthen the Canadian economy independently from the U.S. Source: Comparison Tool Carney has promised to "build things in this country again" while seeking stronger ties with European allies, CNN reports. The former central banker told podcast host Nate Erskine-Smith in October that he understands "how the world works" and knows "people who run some of the world's largest companies," positioning himself as someone who can navigate this economic challenge. Each ETF showed positive one-month returns, with BBCA, EWC and FLCA all gaining about 4.4%, while FXC grew 3.7%, according to These trends reflect investor interest in Canadian assets as Trump's tariffs of 25% on Canadian steel, aluminum, cars and car parts threaten to push the country toward recession, as CNN | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
29-04-2025
- Business
- Yahoo
Canadian ETFs Energized by Carney's Stand Against Trump
The election victory of Canadian Prime Minister Mark Carney, who declared Canada would "never yield" to U.S. pressure, according to CNN, coincides with strong performance from ETFs focused on Canadian markets despite growing economic challenges between the two nations. As Canada-U.S. relations deteriorate under trade pressures, investors looking north have several ETF options showing resilience, with data suggesting money is moving toward both equity exposure and currency funds while Canada's new leadership charts an independent economic path. According to data, the JPMorgan BetaBuilders Canada ETF (BBCA) has delivered a more than 16 % return over the past year while charging a 0.19% expense ratio. The fund, which tracks large- and mid-cap Canadian equities, has attracted $38 million in year-to-date inflows. BBCA's performance comes at a time when Carney has stated, "America wants our land, our resources, our water, our country," as reported by CNN. The fund holds Royal Bank of Canada as its top position at 7.7%, followed by Shopify Inc. (SHOP) at 5.3%, but uniquely includes Agnico Eagle Mines Limited (2.8%) in its top 10 holdings, per data. While all three major Canadian equity ETFs share similar core holdings, they differ in both methodology and investor appeal. BBCA excludes small-caps but maintains $7.7 billion in assets with the highest year-to-date performance among its peers, data show. The iShares MSCI Canada ETF (EWC) shares the same top holdings but includes Canadian Natural Resources Limited (2.8%) in its top 10, while excluding Agnico Eagle Mines. Despite its higher 0.5% expense ratio, EWC has attracted $74.9 million in year-to-date flows and maintains $2.7 billion in assets, reports. The Franklin's FTSE Canada ETF (FLCA) offers the lowest expense ratio at just 0.09% with a portfolio composition similar to EWC. According to FLCA uses an RIC-compliant index structure to avoid large stock concentrations but has experienced $7.5 million in year-to-date outflows despite posting the best one-year performance at 16.2%. The Invesco CurrencyShares Canadian Dollar Trust (FXC) takes a different approach, offering pure currency exposure rather than equity holdings. FXC has gained 4.3% year to date and has seen $20.9 million in three-month inflows at a time when Carney is seeking to strengthen the Canadian economy independently from the U.S. Source: Comparison Tool Carney has promised to "build things in this country again" while seeking stronger ties with European allies, CNN reports. The former central banker told podcast host Nate Erskine-Smith in October that he understands "how the world works" and knows "people who run some of the world's largest companies," positioning himself as someone who can navigate this economic challenge. Each ETF showed positive one-month returns, with BBCA, EWC and FLCA all gaining about 4.4%, while FXC grew 3.7%, according to These trends reflect investor interest in Canadian assets as Trump's tariffs of 25% on Canadian steel, aluminum, cars and car parts threaten to push the country toward recession, as CNN | © Copyright 2025 All rights reserved
