IYF Stock Recent News
IYF LATEST HEADLINES
Market signals come in all shapes and sizes, but at VettaFi, advisor engagement is a leading indicator — and right now, that data is putting the spotlight on currency-hedged Japan ETFs.
In the last trading session, leveraged S&P 500 and financials ETF traded with an outsized volume.
Sector ETF report for IYF
While substantial holdings in BRK gives IYF some insurance profile, after that there's only banks down the holding list. Companies in IYF are not going to be able to hide from the hits to the market that will come with higher rates and higher required returns.
Sector ETF report for IYF
Insurers clearly benefit because of the low duration of their portfolios from the rate hiking. Insurers also benefit from better business conditions, which sell more policies. Full-service banks are a little less clear. In most cases, interest spread is rising, but some are making bear calls on the capital safety of US banks.
Sector ETF report for IYF
Big banks will start releasing their quarterly numbers from this week. The outlook is bearish this time thanks to the flattening of the yield curve.
Sector ETF report for IYF
U.S. banks have outperformed the S&P 500 past month. More rally ahead?