{"id":195900,"date":"2021-03-06T19:48:00","date_gmt":"2021-03-06T16:48:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/"},"modified":"2021-03-06T19:48:00","modified_gmt":"2021-03-06T16:48:00","slug":"etf-wrap-portnoys-complaint-and-emerging-market-alpha","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/","title":{"rendered":"#\n  ETF Wrap: Portnoy\u2019s complaint and emerging-market alpha"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a370b734f04d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a370b734f04d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#Also_Send_more_COVID_%E2%80%98reopening_ETFs_and_a_mutual_fund_conversion\" >Also: Send more COVID \u2018reopening\u2019 ETFs, and a mutual fund conversion<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#What_just_happened\" >What just happened?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#One_door_closes_another_one_reopens%E2%80%A6\" >One door closes, another one reopens\u2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#Exchange-traded_sundries\" >Exchange-traded sundries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#Is_there_an_ETF_for_that\" >Is there an ETF for that?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#Visual_of_the_Week\" >Visual of the Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#Weekly_rap\" >Weekly rap<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/etf-wrap-portnoys-complaint-and-emerging-market-alpha\/#Andrea_Riquier\" >Andrea Riquier<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  ETF Wrap: Portnoy\u2019s complaint and emerging-market alpha<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Also_Send_more_COVID_%E2%80%98reopening_ETFs_and_a_mutual_fund_conversion\"><\/span>\n  Also: Send more COVID \u2018reopening\u2019 ETFs, and a mutual fund conversion<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000183998\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<h6><span class=\"ez-toc-section\" id=\"What_just_happened\"><\/span>What just happened?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p> One of the enduring quirks of the 2020-21 coronavirus period may be in how it unleashed our collective inner Kardashian. <\/p>\n<p> Even as lockdowns forced the acceleration of trends like working from home and holding video meetings, they also seem to have remade American life as one giant Truman Show. <\/p>\n<p>Our living rooms and offices became television sets, and were<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ratemyskyperoom\" class=\"icon none\"> critiqued<\/a>, sometimes mercilessly. Our kids and dogs and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=tAPsEAMU7Ns\" class=\"icon none\">private parts<\/a> were overshared. Our kitchens mimicked reality shows and our driveways became marathon courses.<\/p>\n<div class=\"paywall\">\n       Now our penchant for performance art is remaking finance. Dave Portnoy spent much of 2020 marshalling a band of bored Americans to trade stocks as a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> pastime, in public. <\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetYouTubeVideo\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetYouTubeVideo\n            article__inset--inline\n  \"><\/p>\n<div class=\"dynamic-inset-container article__inset__dynamic\">\n<style>\n          div.youtube {\n            height:0;\n            position:relative;\n            padding-bottom:56.25%;\n          }<\/p>\n<p>          div.youtube > iframe {\n            position: absolute;\n            left: 0;\n            top: 0;\n            width: 100%;\n            height: 100%;\n          }\n        <\/style>\n<div class=\"nc-exp-inset-iframe-media nc-exp-inset-youtube\">\n<div class=\"nc-exp-inset-iframe-mediawrap youtube\">\n            <iframe src=\"https:\/\/www.youtube-nocookie.com\/embed\/o1SQki8qHIk?hd=1&amp;rel=0&amp;autohide=1&amp;showinfo=0\" frameborder=\"0\" allowfullscreen><\/iframe>\n        <\/div>\n<div class=\"nc-exp-inset-iframe-caption wsj-article-caption\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Robinhood gets a lot of attention, but it\u2019s just the plumbing. What\u2019s more important is that financial markets have now become not just the high school football <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>, but the cafeteria as well. The sportos, the motorheads, geeks, sluts, bloods, waistoids, dweebies and dickheads all adore Portnoy.<\/p>\n<p>That\u2019s why it\u2019s important to watch his latest steps.<\/p>\n<p>By working with VanEck to launch an ETF with the ticker BUZZ, Portnoy is making a business case for the power of social groups and media \u2014 and social media \u2014 to influence markets. We all know that\u2019s a thing, but now it will be tested and tracked.<\/p>\n<p>And by creating BUZZ, Portnoy is also making a business case for the ETF model \u2014 for diversification, mostly. If meme finance as played out through GameStop<br \/>\n        GME,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203755179\/composite\" class=\"positive\">+4.07%<\/bg-quote><br \/>\n       was an awkward first draft \u2014 think of Pets.com from the dot-com bust \u2014 meme finance as played out through ETFs may be more enduring. Chewy, for example.<\/p>\n<p>All this means it\u2019s time to think seriously about what the social-ization and meme-ification of finance will mean for the ETF industry in the future. A financial instrument that once seemed like a risky upstart is now one step closer to being the main attraction: the \u201csuit,\u201d as it were. <\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetTweet\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetTweet\n            article__inset--inline\n  \"><\/p>\n<div class=\"dynamic-inset-container article__inset__dynamic\">\n<style>\n            iframe.twitter-tweet {\n                width: 100% !important;\n            }\n        <\/style>\n<blockquote class=\"twitter-tweet\" lang=\"en\"><p>\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/stoolpresidente\/status\/1366898431894171654\"><\/a>\n            <\/p><\/blockquote>\n<p>        <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p><\/div>\n<p>       Thanks for reading, as always. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<h6><span class=\"ez-toc-section\" id=\"One_door_closes_another_one_reopens%E2%80%A6\"><\/span>One door closes, another one reopens\u2026<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>As Americans hunkered down at home last spring, the financial-services community sprang into action, producing lists of the stocks likely to benefit and launching funds based on those ideas. More recently, publications, including MarketWatch, have published suggestions on how to invest in the \u201creopening\u201d economy.<\/p>\n<p>But a funny thing h<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ened on the road to recovery. Even as funds like the ETFMG <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">Travel<\/a> Tech ETF<br \/>\n        AWAY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/216415466\/composite\" class=\"negative\">-0.03%<\/bg-quote><br \/>\n       and U.S. Global Jets ETF<br \/>\n        JETS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207744796\/composite\" class=\"negative\">-0.35%<\/bg-quote><br \/>\n        fly to the sky, investors continue to reward many of the work-from-home plays. \u00a0<\/p>\n<p>The WisdomTree Cloud Computing Fund<br \/>\n        WCLD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/214057201\/composite\" class=\"negative\">-0.49%<\/bg-quote><br \/>\n       has picked up $54 million in the year to date, for example, though the Direxion Work from Home ETF<br \/>\n        WFH,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/219230438\/composite\" class=\"positive\">+0.70%<\/bg-quote><br \/>\n       has lost $32 million, according to FactSet data. Many online retail ETFs are going gangbusters: the Amplify Online Retail ETF<br \/>\n        IBUY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206522380\/composite\" class=\"positive\">+1.22%<\/bg-quote><br \/>\n       has seen $192 million in inflows, while the ProShares Online Retail ETF<br \/>\n        ONLN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208410191\/composite\" class=\"positive\">+0.98%<\/bg-quote><br \/>\n       has hoovered up $253 million.<\/p>\n<p>\u201cMany of the trends that started in 2020 are likely to persist through the rest of the year even as people are vaccinated and begin to venture out,\u201d said Todd Rosenbluth, head of mutual fund and ETF research at CFRA. \u201cI don\u2019t think of this as either\/or. This is a situation where both trends can succeed.\u201d<\/p>\n<p>Rosenbluth thinks the diversification that ETFs offer compared to picking individual stocks will serve investors well during the transition. For example, companies will continue to rely more on tools like Zoom in the future than before the pandemic, even if it doesn\u2019t account for as many of our meeting venues as it did during lockdown, he said in an interview. That diversification may also help calm some of the concerns around the ability of high-flying tech concerns to keep growing at the same rate, Rosenbluth argues.<\/p>\n<p>It\u2019s striking, however, that for all the many ways investors can play the stay-at-home boom, there are fewer options designed to capitalize on the reopening. Many stocks like cruise lines and restaurant chains make up small chunks of the portfolios of non-thematic ETFs, and few REIT ETFs have concentrations of mall stocks, arguably the property type most likely to benefit. <\/p>\n<p>There are some obvious plays, of course: AWAY, which MarketWatch profiled in November, and JETS, which grabbed attention in 2020. Rosenbluth also likes the VanEck Vectors Gaming ETF<br \/>\n        BJK,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209424070\/composite\" class=\"negative\">-0.47%<\/bg-quote><span>,<\/span><br \/>\n       which offers a mix of online and in-person betting stocks, such as Las Vegas Sands<br \/>\n        LVS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208792014\/composite\" class=\"positive\">+0.14%<\/bg-quote><span>.<\/span>\n      <\/p>\n<p>Another option: the Invesco S&amp;P 500 Equal Weight Consumer Discretionary ETF<br \/>\n        RCD,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206353918\/composite\" class=\"positive\">+2.11%<\/bg-quote><span>,<\/span><br \/>\n       which offers some of the biggest allocations to many travel stocks among domestic ETFs. A MarketWatch analysis shows travel plays like Expedia Group Inc.<br \/>\n        EXPE,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202291990\/composite\" class=\"positive\">+5.08%<\/bg-quote><br \/>\n       and Carnival Corp.,<br \/>\n        CCL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202325446\/composite\" class=\"negative\">-4.78%<\/bg-quote><br \/>\n       as well as restaurant chains like Darden Restaurants Inc.<br \/>\n        DRI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200092615\/composite\" class=\"positive\">+2.94%<\/bg-quote><br \/>\n       make up nearly one-quarter of the portfolio, while another hefty tranche is devoted to stocks ancillary to reopening, such as auto repair companies. \u00a0<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Exchange-traded_sundries\"><\/span>Exchange-traded sundries<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>The first mutual fund to ETF conversion is set for March. Guinness Atkinson Asset Management has filed with the SEC to convert two of its existing funds, the company said in a statement. \u201cThe establishment of an accepted legal framework for such a conversion is a milestone for the asset management industry and a positive development for fund providers seeking to offer their clients additional ways to access their investment strategies.\u201d<\/p>\n<p>Asset manager\u00a0Alger on Monday launched\u00a0the Alger Mid Cap 40 ETF<br \/>\n        FRTY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/225084209\/composite\" class=\"positive\">+0.70%<\/bg-quote><span>,<\/span><br \/>\n       the firm\u2019s first active ETF, to be managed by Amy Zhang, who currently manages the existing Alger Small Cap Focus, Alger Mid Cap Focus and Alger Small Cap Growth mutual funds. Zhang\u2019s Alger Mid Cap Focus Fund returned nearly 85% in 2020 and 9.7% so far in 2021, the company said in a release. <\/p>\n<h6><span class=\"ez-toc-section\" id=\"Is_there_an_ETF_for_that\"><\/span>Is there an ETF for that?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>How would you like a fund that invests in profitable companies \u2014 20% growth rates per year \u2014 which have strong corporate governance, do well in an inflationary environment, and diversify exposure away from the U.S.?<\/p>\n<p>Meet the Nifty India Financials ETF<br \/>\n        INDF,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/221974823\/composite\" class=\"positive\">+0.26%<\/bg-quote><span>,<\/span><br \/>\n       the first pure-play fund of its type, according to co-founder Amit Anand. \u201cFinancials have long been the crown jewels of the Indian stock market,\u201d Anand told MarketWatch. <\/p>\n<p>Financials have been the best-performing sector in India for the past decade and Anand expects it will continue to outperform. India has a well-deserved reputation as an emerging-market growth story, and while INDF doesn\u2019t compete explicitly with Chinese ETFs, many of the points in Anand\u2019s investment case for the fund draw clear contrasts with that sector.<\/p>\n<p>Among them: Indian banks are run by private-sector firms and are heavily regulated, Anand said. \u201cHistorically, their good corporate governance is why share prices have risen so well.\u201d\u00a0<\/p>\n<p>INDF also checks an unusual ESG box. India\u2019s economy still has a low penetration of the financial sector throughout society, with an estimated 300-400 million citizens considered unbanked or underbanked. <\/p>\n<p>The fund also benefits from another emerging-market idiosyncrasy: the leapfrogging over legacy technologies to adopt up-and-coming ones alongside the rest of the world, without being encumbered by the old industry. <\/p>\n<p>Whereas China \u201chas taken a very heavy hand toward regulating fintech, in India it\u2019s very early days,\u201d Anand said. \u201cFintech is disrupting cash and gold and the government is very open toward it.\u201d Fintechs must use the financial system infrastructure set up by the banks, and the banks themselves dabble in fintech offerings.\u201d <\/p>\n<p>The ETF, which launched in October, has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/indiafinancials.com\/indf\" class=\"icon none\">gathered about $5 million in assets<\/a> and charges a 75-basis point management fee. Over the past three months, it\u2019s appreciated over 17%, easily beating both the 4.2% gain in the S&amp;P 500\u2019s and the 8.4% increase in the ishares MSCI China ETF<br \/>\n        MCHI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206267952\/composite\" class=\"positive\">+0.46%<\/bg-quote><span>.<\/span>\n       <\/p>\n<p>It\u2019s worth noting that because the fund invests overseas, it can trade at a steeper premium or discount to net asset value than many ETF investors may be accustomed to. <\/p>\n<h6><span class=\"ez-toc-section\" id=\"Visual_of_the_Week\"><\/span>Visual of the Week<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Just some eye candy, courtesy of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.visualcapitalist.com\/the-economics-of-coffee-in-one-chart\/\" class=\"icon none\">Visual Capitalist.<\/a> <\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:233.984375%;\" data-mobile-ratio=\"233.984375%\" data-layout-ratio=\"233.984375%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-305973?width=140&amp;size=0.4273789649415693 140w,\nhttps:\/\/images.mktw.net\/im-305973?width=540&amp;size=0.4273789649415693 540w,\nhttps:\/\/images.mktw.net\/im-305973?width=620&amp;size=0.4273789649415693 620w,\nhttps:\/\/images.mktw.net\/im-305973?width=700&amp;size=0.4273789649415693 700w,\nhttps:\/\/images.mktw.net\/im-305973?width=860&amp;size=0.4273789649415693 860w,\nhttps:\/\/images.mktw.net\/im-305973?width=1260&amp;size=0.4273789649415693 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-305973?width=620&amp;size=0.4273789649415693\" data-enlarge=\"https:\/\/images.mktw.net\/im-305973?width=1260&amp;size=0.4273789649415693\" alt=\"\" title=\"\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\"><\/figcaption><\/figure>\n<\/div>\n<h6><span class=\"ez-toc-section\" id=\"Weekly_rap\"><\/span>Weekly rap<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<table>\n<tbody>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"2\">\n      <strong>Top 5 gainers of the past week<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Breakwave Dry Bulk Shipping ETF<br \/>\n        BDRY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210103444\/composite\" class=\"positive\">+6.49%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      14.8%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Invesco Dynamic Leisure &amp; Entertainment ETF<br \/>\n        PEJ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200258677\/composite\" class=\"positive\">+1.36%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      6.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Global X MSCI Greece ETF<br \/>\n        GREK,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208159440\/composite\" class=\"positive\">+1.38%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      5.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      iShares Currency Hedged MSCI Mexico ETF<br \/>\n        HEWW,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209362204\/composite\" class=\"positive\">+0.68%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      4.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Alerian MLP ETF<br \/>\n        AMLP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202900872\/composite\" class=\"positive\">+1.41%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      4.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <em>Source: FactSet, through close of trading Wednesday, March 3, excluding ETNs and leveraged products<\/em><\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<tbody>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"2\">\n      <strong>Top 5 losers of the past week <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      ETFMG Prime Junior Silver Miners ETF<br \/>\n        SILJ,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207797470\/composite\" class=\"positive\">+1.04%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      -9.2%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      iShares MSCI Global Silver Miners ETF<br \/>\n        SLVP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/206384894\/composite\" class=\"positive\">+0.85%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      -8.6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      ETFMG Treatments Testing and Advancements ETFGERM<\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      -8.1%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Global X Silver Miners ETF<br \/>\n        SIL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207060602\/composite\" class=\"positive\">+1.08%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      -6.9%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data even\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      Simplify Volt Fintech Disruption ETF<br \/>\n        VFIN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/223575726\/composite\" class=\"negative\">-1.98%<\/bg-quote>\n      <\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      -6%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"data odd\">\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <em>Source: FactSet, through close of trading Wednesday, March 3, excluding ETNs and leveraged products<\/em><\/p>\n<\/td>\n<td align=\"\" valign=\"top\" colspan=\"1\">\n      <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>MarketWatch has launched <strong>ETF Wrap,<\/strong> a weekly <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>letter that brings you everything you need to know about the exchange-traded sector: new fund debuts, how to use ETFs to express an investing idea, regulations and industry changes, inflows and performance, and more. Sign up at this link to receive it right in your inbox every Thursday. <\/em><\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Andrea Riquier\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Andrea_Riquier\"><\/span>Andrea Riquier<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D2CEBE79E5D1%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# ETF Wrap: Portnoy\u2019s complaint and emerging-market alpha &#8221; Also: Send more COVID \u2018reopening\u2019 ETFs, and a mutual fund conversion What just happened? One of the enduring quirks of the 2020-21 coronavirus period may be in how it unleashed our collective inner Kardashian. Even as lockdowns forced the acceleration of trends like working from home&#8230;<\/p>\n","protected":false},"author":1,"featured_media":81684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-195900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/195900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=195900"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/195900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/81684"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=195900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=195900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=195900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}