3 ETFs to Invest During the Profitable Market Drops - Invesco
In recent days, the Dow Jones Industrial Average, S&P 500 and the technology-heavy NASDAQ 100 index have reached new highs. As a result, many stocks, as well as exchange-traded funds (ETFs), gained value in 2021.
In this
series, we'll be reviewing 3 ETFs to invest with strong returns that are likely to make short-term profits during the profitable market drops, which could offer a better entry point for interested investors.
2.Invesco S&P 500 Equal Weight Real Estate ETF
- Current Price: $37.71
- 52-Week Range: $24.49– $38.47
- Dividend Yield: 2.46%
- Expense Ratio: 0.41%
Although technology has kept its leadership role in the current bull market, many other sectors have posted robust returns in the past year, too. The Invesco S&P 500 Equal Weight Real Estate ETF (NYSE:EWRE) is providing access to the real estate sector. It started trading in August 2015, and net assets stand around $81.2 million.
EWRE , which includes 30 holdings, is based on the S&P 500 Equal Weight Real Estate Index. Both the index and the fund are rebalanced quarterly. The top 10 holdings make up about 36% of the fund's net assets. Leading holdings include Extra Space Storage (NYSE:EXR), CBRE Group (NYSE:CBRE), United Dominion Realty Trust (NYSE:UDR), SBA Communications (NASDAQ:SBAC), Alexandria Real Estate Equities (NYSE:ARE), and AvalonBay Communities (NYSE:AVB).
The fund yielded 41% in the past year and reached an all-time high in early August. The current price supports a dividend yield of close to 2.5%. A potential decline toward the $35-$36.5 level may provide an entry point for long-term investors.
Source:
Investing.com