News
Mutual Funds and ETFs Scorecard: June 8 Edition
Technology stocks have finally rebounded after weeks of poor performance.
US Broad mostly includes funds focused on US equities and can cover different investing styles (growth/value) and market capitalizations (small/mid/large). Fixed Income includes funds focused on debt securities and can cover different geographies (US/foreign) and security types (corporate/municipal/high-yield/investment-grade/government/structured). Alternatives cover funds focused on non-traditional investment strategies (currency, hedge fund strategy, derivatives), leveraged/structured products, real estate, and commodities. Dividend funds focus on generating income via equities and not through debt.
U.S. Broad
Small-caps have again outperformed as investors shunned large companies that are typically more connected to the global economy and disruptions to supply chains. To the bright side, most underperformers have also posted marginal gains over the last fortnight.
Top Performers
Worst Performers
Dividend
Dividend-focused funds recorded impressive results, with no fund posting a loss. Investors, unsurprisingly, preferred dividend growth stocks more than global dividend stocks.
Top Performers
Worst Performers
Fixed Income
The performance of fixed-income funds was more disparate, with a good chunk of negative and positive gains. High-yield municipal bonds and inflation-tackling bond funds were among the best performers, while longer duration bond funds suffered due to rising interest rate risks.
Top Performers
Worst Performers
Sector
Technology funds were by far the best performers from the pack, followed by energy sector funds. Funds focused on biotechnology and cannabis have disappointed again.
Top Performers
Worst Performers
Foreign
Emerging market-based funds, including Chinese and Brazilian stocks, have posted strong performances over the past two weeks. At the other end of the spectrum are funds based on stocks in Singapore, Japan, and Russia, which experienced small declines.
Top Performers
Worst Performers
Alternatives
Funds using contrarian strategies along with commodities/natural resources and volatility managing strategies have been the best performers from the pack. On the contrary, funds focused on agriculture and mortgage-backed securities have been hit.
Top Performers
Worst Performers
ESG
All ESG funds have posted positive performances over the past fortnight, in a rare occurrence since the start of the year.
Top Performers
Worst Performers
The U.S. Federal Reserve minutes showed that policymakers believe the economy remains strong and expect to raise interest rates at further meetings. At its last meeting, the central bank raised rates by 50 basis points, 25 basis points higher than usual, as policymakers are seeking to tame runaway inflation.
U.S. GDP fell 1.5% in the first three months of the year, disappointing analysts who expected a smaller decline. The U.S. job market remains red hot, with 390,000 jobs added in May and average hourly earnings jumping 0.3%. The U.S. unemployment rate continues to hover around the 3.6% mark.
Eurozone inflation rose to 8.1% in May year-over-year, compared with 7.4% in the prior month, largely due to higher energy prices.
Fund performance data is calculated for the period between May 20 and June 3.
Receive email updates about best performers, news, CE accredited webcasts and more.
News
Technology stocks have finally rebounded after weeks of poor performance.
Justin Kuepper
|
Let's look at some of the most popular active ETF genres over the...
Kristan Wojnar, RCC™
|
Our roundup of topics this week includes pipeline management, telling stories in your...
Mutual Fund Education
Justin Kuepper
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Let's take a closer look at how ESG investments have outperformed during the...
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Daniel Cross
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While CITs and mutual funds share many similarities, there are some key differences...
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Sam Bourgi
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The phrase ‘bear market’ has been thrown around a lot lately, but it...
US Broad mostly includes funds focused on US equities and can cover different investing styles (growth/value) and market capitalizations (small/mid/large). Fixed Income includes funds focused on debt securities and can cover different geographies (US/foreign) and security types (corporate/municipal/high-yield/investment-grade/government/structured). Alternatives cover funds focused on non-traditional investment strategies (currency, hedge fund strategy, derivatives), leveraged/structured products, real estate, and commodities. Dividend funds focus on generating income via equities and not through debt.
U.S. Broad
Small-caps have again outperformed as investors shunned large companies that are typically more connected to the global economy and disruptions to supply chains. To the bright side, most underperformers have also posted marginal gains over the last fortnight.
Top Performers
Worst Performers
Dividend
Dividend-focused funds recorded impressive results, with no fund posting a loss. Investors, unsurprisingly, preferred dividend growth stocks more than global dividend stocks.
Top Performers
Worst Performers
Fixed Income
The performance of fixed-income funds was more disparate, with a good chunk of negative and positive gains. High-yield municipal bonds and inflation-tackling bond funds were among the best performers, while longer duration bond funds suffered due to rising interest rate risks.
Top Performers
Worst Performers
Sector
Technology funds were by far the best performers from the pack, followed by energy sector funds. Funds focused on biotechnology and cannabis have disappointed again.
Top Performers
Worst Performers
Foreign
Emerging market-based funds, including Chinese and Brazilian stocks, have posted strong performances over the past two weeks. At the other end of the spectrum are funds based on stocks in Singapore, Japan, and Russia, which experienced small declines.
Top Performers
Worst Performers
Alternatives
Funds using contrarian strategies along with commodities/natural resources and volatility managing strategies have been the best performers from the pack. On the contrary, funds focused on agriculture and mortgage-backed securities have been hit.
Top Performers
Worst Performers
ESG
All ESG funds have posted positive performances over the past fortnight, in a rare occurrence since the start of the year.
Top Performers
Worst Performers
The U.S. Federal Reserve minutes showed that policymakers believe the economy remains strong and expect to raise interest rates at further meetings. At its last meeting, the central bank raised rates by 50 basis points, 25 basis points higher than usual, as policymakers are seeking to tame runaway inflation.
U.S. GDP fell 1.5% in the first three months of the year, disappointing analysts who expected a smaller decline. The U.S. job market remains red hot, with 390,000 jobs added in May and average hourly earnings jumping 0.3%. The U.S. unemployment rate continues to hover around the 3.6% mark.
Eurozone inflation rose to 8.1% in May year-over-year, compared with 7.4% in the prior month, largely due to higher energy prices.
Fund performance data is calculated for the period between May 20 and June 3.
Receive email updates about best performers, news, CE accredited webcasts and more.
News
Technology stocks have finally rebounded after weeks of poor performance.
Justin Kuepper
|
Let's look at some of the most popular active ETF genres over the...
Kristan Wojnar, RCC™
|
Our roundup of topics this week includes pipeline management, telling stories in your...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...