No. 1 Duke loses to non-ranked Syracuse 👍, Carol Channing of “Hello, Dolly!” has passed away at 97, the President hosted an all American fast food feast last night and the government is still shut down.

Here’s what is happening in ETFs…

One Week Trends

New Launches: 

  • Direxion launches 10 new geared ETFs
    • Direxion Daily Communication Services Index Bull 3X Shares, TAWK, 110bps
    • Direxion Daily Communication Services Index Bear 3X Shares, MUTE, 107bp
    • Direxion Russell 1000 Value Over Growth ETF, RWVG
    • Direxion Russell 1000 Growth Over Value ETF, RWGV
    • Direxion Russell Large Over Small Cap ETF, RWLS
    • Direxion Russell Small Over Large Cap ETF, RWSL
    • Direxion MSCI Cyclicals Over Defensives ETF, RWCD
    • Direxion MSCI Defensives Over Cyclicals ETF, RWDC
    • Direxion MSCI Emerging Over Developed Markets ETF, RWED
    • Direxion MSCI Developed Over Emerging Markets ETF, RWDE
    • Direxion FTSE Russell US Over International ETF, RWUI
    • Direxion FTSE Russell International Over US ETF, RWIU
  • Goldman launches 5 thematic ETFs tracking indexes provided by Motif
    • Goldman Sachs Motif New Age Consumer ETF, GBUY, 50bps
    • Goldman Sachs Motif Data-Driven World ETF, GDAT
    • Goldman Sachs Motif Human Evolution ETF, GDNA
    • Goldman Sachs Motif Finance Reimagined ETF, GFIN
    • Goldman Sachs Motif Manufacturing Revolution ETF, GMAN

New Filings:

  • Newcomer, Tidal,files for 4 ETFs all tracking indexes provided by Social Finance
    • SoFi 500 ETF, SFY
    • SoFi Next 500 ETF, SFYX
    • SoFi 50 ETF, SFYF
    • SoFi Gig Economy ETF, GIGE
  • Global X files for the Global X Cloud Computing ETF
  • iShares files for two muni bond ETFs
    • iBonds Dec 2027 Term Muni Bond ETF
    • iBonds Dec 2028 Term Muni Bond ETF 

ETFLogic Insight Platform

As we all saw today, Netflix is raising their prices and eliminating sharing subscriptions. As a result, the stock has soared today. What ETF is benefiting the most from this today?

PNQI, Invesco’s NASDAQ Internet ETF, has the largest weight in NFLX.   Checkout ETFLogic‘s Intraday Attribution Application to see how NFLX is driving its performance.