Investors have struggled between optimism and pessimism thanks to a pandemic and an economic crisis. Two weeks ago, a new battle between Reddit and Wall Street weighed on the markets, and served as a new thorn in the side of the market. But since? Everything has been green. The indexes ended last week with their best gains since the election, and they haven’t seen a single day of decline in the week. If today’s pace continues, we could officially be on a six-day streak. Sentiment is certainly more upbeat with shattering earnings forecasts, signs of economic recovery and improving pandemic / vaccine rollout. But we’re a long way from being out of the woods and could be on a bumpy road back to normal. There are also fears that stocks have become too foamy and that we may be in the middle of a bubble. Time will tell what will happen in the near term, but this week we’ve put together a list of trending ETFs that can help you diversify your portfolio and potentially mitigate risk. Deep learning algorithms have identified several ETFs to watch this week based on their fund flows over the past 90 days, 30 days and 7 days. We’ve identified three best buys, two unattractive, and three best shorts for this week. Our first Top Buy ETF is the ARK Innovation ETF. This ETF focuses on holding companies that are defined by “disruptive innovation” or companies that provide a product or service that could potentially change the way the world works. With prominent holdings made up of companies such as Tesla, Roku, Crispr Therapeutics, Square and Invitae, Ark Invest has apparently covered this. With $ 25,557,218,418.99 in assets under management, the ETF is small to medium in size. Its cash flow has been consistently positive, with a 90-day cash flow of $ 8,270,634,050.00, a 30-day cash flow of $ 3,889,123,700.00 and a one-week cash flow. of 943,892,400.00 USD. With a net expense ratio of 0.75%, it’s very expensive, but that’s what you get with an ETF managed as actively as an ARK ETF. The next Top Buy ETF this week is the Vanguard S&P 500 ETF. This ETF aims to reflect the performance of the S&P 500 as closely as possible. At AUM $ 195,024,360,905.42, it is one of the largest ETFs on this week’s list. Its cash flow has been consistently positive with a 90-day cash flow of $ 7,707,414,184.90, a 30-day cash flow of $ 10,430,272,763.19, and a 1-week cash flow of $ 8. $ 664,016,181.54. With a net expense ratio of 0.03%, it is also very inexpensive. The latest Top Buy ETF is another ETF that seeks to follow the S&P 500-the iShares S&P 500 ETF. At AUM $ 251,475,981,470.00, it’s by far the biggest ETF on this week’s AUM-based list. Its cash flow has also been consistently positive with a 90-day cash flow of $ 2,021,195,115.00, a 30-day cash flow of $ 3,817,108,170.00 and a 1-week cash flow of $ 3,817,108,170.00. $ 6,335,127,545.00. With a net expense ratio of 0.03, it is also very inexpensive to own. The first unattractive ETF on our list is the iShares S&P Mid-Cap 400 Value ETF. This ETF tracks an index of mid-cap value stocks, with major holdings made up of familiar names such as Lear Corp, Alleghany Corp, Owens Corning, East West Bancorp and Reliance Steel. The ETF is smaller in size and has $ 7,101,478,732.80 in assets under management. It also recorded consistently positive fund flows. The ETF has a 90-day cash flow of $ 1,197,835,505.00, a 30-day cash flow of $ 903,146,155.00 and a 1-week cash flow of $ 747,923,860.00. Its 0.18% net expense ratio is also decent.

Highlights

  • According to Forbes, “This week’s hottest ETFs as markets continue to have a winning streak.”

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