The string of unidentified objects shot down by the U.S. military could ease investor concern about defense budget cuts.
The flurry of unidentified objects that have been shot down over North America this month could bring yet another boost to aerospace and defense stocks, but investors looking to use ETFs should be aware of some key differences between the largest funds. The U.S. shot down a fourth unidentified object on Sunday, as the administration takes a more aggressive stance after a suspected spy balloon from China flew across much of the country during the first days of February.
Here's a look at the key differences among these ETFs. The biggest fund on the market is the iShares U.S. Aerospace & Defense ETF , with about $5 billion in assets under management. The fund is competitively priced, with an expense ratio of 0.39%, and is weighted by market cap. The fund also hit its highest level since Feb. 2020 on Monday morning. One potential drawback is that the fund is heavily concentrated in just a few stocks.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Chinese spy balloon: Everything we know after US recovers wreckageThe US has recovered the wreckage of a Chinese surveillance balloon after shooting it down with a fighter jet last week – here's what has been discovered and what it might mean
Baca lebih lajut »
Schumer: 'It is wild' U.S. didn't know about China's balloon program earlierSenate Majority Leader Chuck Schumer acknowledged it was 'wild' the U.S. didn't know about the Chinese government's use of balloons 'until a few months ago,' during an interview on ABC's 'This Week' Sunday.
Baca lebih lajut »
Here are 5 ETFs that offer more than 10% yield right now to beat inflationThe five funds identified by the CNBC Pro screen offer cash dividends between 11% and 15% alongside potential capital appreciation.
Baca lebih lajut »
US blacklists 6 Chinese entities over balloon programThe United States has blacklisted six Chinese entities it said were linked to Beijing's aerospace programs as part of its retaliation over an alleged Chinese spy balloon that traversed U.S. airspace. The economic restrictions announced Friday followed the Biden administration's pledge to consider broader efforts to address Chinese surveillance activities and will make it more difficult for the five companies and one research institute to obtain American technology exports. The move is likely to further escalate the diplomatic row between the U.S. and China sparked by the balloon, which was shot down last weekend off the Carolina coast.
Baca lebih lajut »
U.S. blacklists 6 Chinese entities over balloon programThe United States has blacklisted six Chinese entities it said were linked to Beijing’s aerospace programs as part of its retaliation over an alleged Chinese spy balloon that traversed U.S. airspace.
Baca lebih lajut »
White House mum on ‘mystery’ Alaska object as US blacklists 6 Chinese companies over spy balloonPresident Biden slapped sanctions on six Chinese aerospace companies to retaliate for the spy balloon that floated across the US mainland last week — but his administration remained mum on th…
Baca lebih lajut »