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  • Ted June 2019
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johnNjohnN
in Fund Discussions
Inflows remain positive for 2019, but flows have been choppy and are seeing a notable deceleration from 2018.



Top ETF performers for 2019 (excluding leveraged and inverse ETFs) include:

Invesco Solar ETF (TAN) up 51%
Invesco DWA Technology Momentum ETF (PTF) up 41%
Renaissance IPO ETF (IPO) up 39%
ARK Genomic Revolutio ETF (ARKG) up 35%
Global X MSCI Greece ETF (GREK) up 34%.


How desperate are we for yield? Very--and getting more so. It's not enough to buy high yield funds, now we have funds of funds looking to maximize yield. Last week saw the launch of Belpointe Tactical Income ETF (TBND), a portfolio of global equities and bonds focused on income. Holdings include the iShares U.S. Real Estate (IYR), iShares TIPS Bond (TIP), iShares J.P. Morgan USD Emerging Markets Bond (EMB) and the iShares iBoxx $ High Yield Corporate Bond (HYG). That is quite a mash-up. Not clear that mixing and matching relatively high yield funds will produce higher yields than another fund, or that risk will be lower.



For up-to-date information on the latest ETF trends, catch me live on Mondays at 1pm ET on

Cnbc.com/etf-edge







Bob
Bob Pisani

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