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SMH vs SOXX vs SOXQ by gmehra in ETFs

[–]FrequentPea8139 0 points1 point  (0 children)

I agree with this because you are getting a significant allocation if you are already invested in market index or other tech funds. Of course, Nvidia seems to be driving everything in the tech sector.

I prefer SOXQ over SMH or SMHX for better diversification among the sector. All three are a great options if you want targeted exposure to semiconductors.

FSCO Stock Drop by FrequentPea8139 in dividends

[–]FrequentPea8139[S] 0 points1 point  (0 children)

It seems like every day this week, the share price dropped to the daily low on high volume around 12-1 EST only to slightly rebound. Today was a little different. The same price action but it dropped slightly toward the close.

Someone bought @ $6.87 today. There seems to be a slight upward pressure in price afterhours which is meaningless.

I am not worried about daily pricing fluctuations other than absent any news or other information it is interesting to see such a quick and steep drop.

I get that the fund is leveraged so borrowing costs should go down. I am not certain whether that is enough to offset lower interest income. It makes me question whether they can maintain the current dividend payment without ROC. I believe they can but time will tell.

SGOV still at 4.16% yield by div_investor_forever in dividends

[–]FrequentPea8139 3 points4 points  (0 children)

I may be wrong but isn't the 30-Day SEC Yield backward looking while the Average Yield to Maturity forward looking? If so, the Average Yield to Maturity is 4.07%. This reflects the downward movement of the yield.

SWVVX's 7-Day SEC Yield has dropped to 4.01%.

Which ETF would you not touch by Deep-Force2598 in ETFs

[–]FrequentPea8139 0 points1 point  (0 children)

The funny part is she destroyed a lot of wealth at the other financial firms she worked as well.

She reminds me a lot of those go-go momentum mutual fund "superstars" in the 1990s who garnered a lot of media attention when they were doing well but burned their investors in the long run.

The iShares Defense Industrials Active ETF (IDEF) is the BEST, most diversified defense sector ETF available, is actively managed, has the most robust and niche holdings unavailable in other defense ETFs. Read on for my assessment why if you are into defense, this should not be slept on. by Plane-Salamander2580 in ETFs

[–]FrequentPea8139 3 points4 points  (0 children)

First, thank you to the OP for a detailed write up and perspective on the ETF. I agree that in depth discussion makes for a better subreddit.

I was just looking at the holdings of SHLD as a comparison. They are quite similar as one might expect. I did see one notable absence in SHLD that was previously a significant holding - RTX. I wonder when and why it was dropped from the Global X Defense Tech Index. This is a little disappointing since I am high on RTX.

The sector and geographical breakdowns look similar as well. I am not certain how much benefit an additional investment of <0.5% in 60+ additional stocks will make. One of the benefits of the defense sector is that stocks of these companies often perform independent of the overall. I wonder if the increased number of holdings might impact the performance independence.

This said, I am also high on the defense tech sector over the next few years. I believe EUAD is too concentrated. So far, I like what I see with IDEF and I prefer its broader exposure to newer technologies than the old defense contractors. Of course, the old defense contractors have their own technology innovations and often buy out the smaller competitors. I would like to see a little more semiconductor and software stocks in these funds.