The SPDR S&P Metals & Mining ETF (XME) gained about 74% over the past year, driven by a broad rally in metals like copper, uranium, steel, and gold, fueled by rising demand linked to AI data centers and renewable energy infrastructure. However, after peaking in early June, XME fell roughly 13% in one week, narrowing its year-to-date lead over the S&P 500 to about 9%. The ETF's future performance hinges on copper prices holding above $12,500, continued AI-related capital spending, and supportive U.S. policy on critical minerals. Any downturn in these factors could lead to further declines in the sector.
The S&P 500 recovered from a weak start to the week with a strong 1.8% surge on Thursday, its best single-day gain in over two months, leading to a 0.6% gain for the week. The index remains above key moving averages, signaling positive momentum. Hist...
The investor remains cautious and is not ready to call market lows yet, awaiting the June Federal Open Market Committee (FOMC) meeting for clearer signals. Key factors include the Fed's dot plot projections, inflation language, and balance sheet stan...
The SPDR S&P 500 ETF (SPY) has returned about 314% over the past decade, outperforming quality-focused ETFs like Invesco S&P 500 Quality (SPHQ) and iShares MSCI USA Quality (QUAL), which returned slightly less. These quality ETFs screen for financial...
Vanguard has overtaken BlackRock's iShares to become the largest ETF provider, driven by massive inflows and low-cost strategies. The Vanguard S&P 500 ETF (VOO) became the first ETF to exceed $1 trillion in assets, highlighting investor preference fo...
Schwab's Fundamental International Large Company Index ETF (FNDF) gained 19.2% in just over five months, significantly outperforming the S&P 500's 8% gain in the same period. This outperformance is driven by FNDF's fundamental indexing approach, whic...
