熱門資訊> 正文
2024-05-10 00:55
The materials sector (NYSEARCA:XLB) tops Barclays’ cheapest volatility and bullish sentiment measures within equities at 19% and 37%, respectively.
In addition, materials (XLB) are one of the most expensive equity ETFs, according to Barclays’ ETF Compass, compared to history.
Barclays analysts have a negative outlook on the sector, based on its valuations and earnings potential.
Also, materials (XLB) “are most at risk in case of stagflationary winds,” said Analyst Stefano Pascale, and recommended buying downside protection on the sector.
The cheapest volatility ETF on Barclays’ screen is the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) at 22%, followed by the iShares TIPS Bond ETF (TIP) at 19%.
On the other hand, the ETFs with the richest volatility are the XF-hedged Europe ETFs (HEDJ), (DBEU), followed by the iShares MSCI South Africa ETF (EZA), and the iShares MSCI Mexico ETF (EWW).
The top ETFs with the most bearish sentiment are the U.S. Global Jets ETF (JETS) at 85%, the VanEck Gold Miners ETF (GDX) at 82%, the United States Natural Gas Fund LP ETF (UNG) at 76%, and the iShares MSCI Brazil ETF (EWZ) at 70%.
The top ETFs with the most bullish sentiment are the iShares Russell 2000 ETF (IWM) at 38%, the Invesco Solar ETF (TAN) at 37%, and the Materials Select Sector SPDR Fund ETF (XLB) at 37%.