Rare Metals & High Yield: Investors Flocking to 3 VanEck ETFs February 1, 2021
A taste for high yield and rare earth metals is apparent in the three VanEck ETFs with the highest inflows over the past week.
With the Federal Reserve opting to keep interest rates unchanged, fixed income investors are seeking alternative forms of high yield. One strategy is to take on riskier debt via funds like the
HYEM seeks to replicate the ICE BofAML Diversified High Yield US Emerging Markets Corporate Plus Index, which is comprised of U.S. dollar-denominated bonds issued by non-sovereign emerging market issuers that have a below investment grade rating and are issued in the major domestic and Eurobond markets.
ETF of the Week: VanEck Vectors Rare Earth/Strategic Metals ETF (REMX)
ETF Trends CEO Tom Lydon discussed the
This ETF gives investors unique exposure to rare earth/strategic metals through a basket of securities involved in the mining, refining, and manufacturing. Based on the fund’s top holdings, exposure is tilted towards titanium and molybdenum producers, while producers of cerium, manganese, and tungsten are also covered. REMX is a nice option for investors betting on increased demand for specialized metals, which are further expected to rise in price given their scarce supply.
REMX could be seen as a targeted basic materials play for a Biden administration. It is currently up 33% on a 1-month return and 101% on a 3-month return.
Get Rare Earth Metals Exposure With The REMX ETF December 22, 2020
Precious metals like gold, silver, platinum, and palladium can help add diversification to an investor’s portfolio with real assets, but they’re not the only metals play on the block. Investors can also look at rare earth metals in the convenience of an ETF wrapper via the
REMX seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Global Rare Earth/Strategic Metals Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index.
Dec 18, 2020, 7:13 pm EDT December 18, 2020
The Chinese espionage effort reaches a new level … startling economic reliance on China … an investment silver lining
Last week,
Axios broke a story detailing a relationship between Rep. Eric Swalwell (D-Calif.) and a woman named Christine Fang.
In short, between 2011 and 2015, Fang began a relationship with Swalwell, who was an up-and-coming local politician in the Bay Area at the time.
Fang helped Swalwell fundraise for his 2014 re-election campaign. She also placed at least one intern in Swalwell’s office. And, as it turns out, she had a romantic relationship with Swalwell.
So, why is this a story?