ETFs From Top And Flop Zones To Start May

Invesco KBW Property & Casualty Insurance ETF (KBWP - Free Report) – Up 3.8%

The insurance corner of the broad financial market has been riding higher on a growing economy backed by a solid job market, growing wages and rising consumer confidence that is leading to higher demand for all types of insurance services. KBWP offers exposure to companies primarily engaged in U.S. property and casualty insurance activities. It holds 24 stocks in its basket with none making up for more than 8.82% of the assets. The fund charges 35 bps in fees per year and trades in average daily volume of 4,000 shares. It has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook.

Worst Zones

Xtrackers Harvest CSI 500 China-A Shares Small Cap Fund (ASHS - Free Report) – Down 15.7%

Chinese stocks tumbled on fresh deterioration in Sino-US trade tensions. While most ETFs in the space have fallen over the past week, China-A shares ETF declined the most. ASHS offers direct exposure to small-cap China A-share equities and follows the China Securities 500 Index. Holding 502 stocks in its basket, it is widely spread across components with none holding more than 0.65% of the assets. The product is often overlooked by investors as depicted by AUM of $75.6 million and average daily volume of around 57,000 shares. The product charges 65 bps in annual fees and has a Zacks ETF Rank #3 with a High risk outlook (What Led China ETFs Outperform in Q1 & Have More Room to Run).

VanEck Vectors Rare Earth/Strategic Metals ETF (REMX - Free Report) – Down 13.6%

As China produces over 90% of the world's rare earths, the tariff threat has pushed rare earth metal ETF lower on concerns over the global supply outlook. REMX offers exposure to companies engaged in producing, refining, and recycling of rare earth and strategic metals and minerals. The ETF follows the MVIS Global Rare Earth/Strategic Metals Index, charging investors 59 bps in annual fees. With AUM of $131.1 million, the fund holds 20 stocks in its basket with each security accounting for less than 8% of the assets. It trades in good volume of 81,000 shares a day on average.

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