📈 Two ETFs With an Impressive History

They've managed to generate a positive return every year for the past 10 years. 

Happy Thursday afternoon to everyone on The Street. Here's a snapshot of where markets ended the trading session, plus tomorrow's trade idea delivered to you today.

  • 🟩 | US stocks rose on Thursday. The S&P 500 closed at an all-time high. All three major averages clocked in gains for February, the fourth positive month in a row.

  • 📈 | One Notable Gainer: Shares of Okta popped 23% after Bank of America Securities double upgraded the identity management company to buy from underperform.

  • 📉 | One Notable Decliner: Shares of Chemours fell 32% after the chemical company placed its CEO, CFO, and Principal accounting officer on leave. The company is looking into potential "material weaknesses" in its financial reporting.

  • 📈 | Tomorrow's Trade: Two ETFs With an Impressive History. Scroll down for more.

Plus, today’s partner outlined 9 easy ways to get money without getting a job.

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S&P 500 Heatmap. Credit: Finviz

All stocks on US exchanges. Credit: Finviz

Global ADR snapshot. Credit: Finviz

MARKET MOVERS

HRL (+15%) Hormel’s stock surges as Planters nuts strength helps fuel an earnings beat (MarketWatch)

MNST (+6%) Monster Beverage Corp Delivers Strong Q4 and Full-Year 2023 Results (YF)

AI (+25%) Retail investors' AI bet C3.ai climbs on strong results, forecast (YF)

BIRK (-2%) Birkenstock shares slide 8% after sandal maker posts loss in its second report as public company (MarketWatch)

SNOW (-18%) Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20% (CNBC)

POWERED BY FINANCE BUZZ

There’s nothing to be ashamed of if you're living paycheck to paycheck or struggling to make ends meet.

But not all of us have the time or luxury of picking up another job to make extra cash. It's tiring to work so many hours for very little take home pay.

Thankfully, there's a few ways that you can make some money (and save some too) by not getting a job. If you're struggling financially, here are 6 insanely easy things you can do right now that could help.

OVERHEARD ON THE STREET

CNBC: Microsoft is launching a Copilot for Finance, which it said will be able to perform a handful of common role-specific actions in Excel and Outlook.

The Verge: Spaces, the live audio feature for X, is now letting hosts turn on their video during chat sessions.

NYP: Convicted FTX fraudster Sam Bankman-Fried has been doling out crypto investment tips to jail guards at the notorious Brooklyn federal facility while he awaits sentencing, according to a report. Here’s his top pick.

Nasdaq: Bank of America Corp.'s Merrill Lynch and Wells Fargo & Co.'s brokerage unit have begun offering access to exchange-traded funds (ETFs) that directly invest in Bitcoin.

American Staffing Association: More than half of U.S. workers (53%) feel their paychecks are not keeping up with the pace of inflation.

A MESSAGE FROM OUR PARTNERS

TOMORROW’S TRADE IDEA, TODAY

Work Reaction GIF by H&Z Management Consulting

10 Years of Success

ETFs have been steadily rising in popularity since their debut in 1990. Nowadays there are countless ETFs with varying objectives and holdings. But not all are created equal. 

CNBC combed through 8,300 equity ETFs across the globe. It found that only two have managed to generate a positive return every year for the past 10 years. 

Those two funds are the Amundi ETF MSCI Europe Healthcare UCITS (CH5.PA) and the iShares S&P/TSX Capped Consumer Staples Index (ISTIF).

Healthy Returns for Amundi

The Amundi healthcare fund saw a 118% increase over the 10 years surveyed, beating the pan-European Stoxx 600 index by 70%. 

  • 80% of the index that the fund tracks is in pharmaceuticals, a defensive growth sector.

  • 20% of the index is made up of Novo Nordisk (NVO), the manufacturer of the weight-loss drug Wegovy. 

The fund is valued in British pounds and has historically benefitted when the currency has fluctuated.

Sometimes Less Is More

The iShares fund, traded on the Toronto Stock Exchange, has provided investors with 14% compound annual growth over the past decade. That's 59% higher than the return generated by the SPDR S&P 500 ETF (SPY), which tracks the index. 

Its holdings consist of only 11 stocks, most of which are in the food retail and packaged foods industries. 

Both of these funds invest heavily in defensive stocks. If history is any indicator, they could provide investors with a haven during times of volatility.

Which fund is more likely to continue its streak in 2024?

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POWERED BY FINANCE BUZZ

There’s nothing to be ashamed of if you're living paycheck to paycheck or struggling to make ends meet.

But not all of us have the time or luxury of picking up another job to make extra cash. It's tiring to work so many hours for very little take home pay.

Thankfully, there's a few ways that you can make some money (and save some too) by not getting a job. If you're struggling financially, here are 6 insanely easy things you can do right now that could help.

ON OUR RADAR

The Conversation: If climate change continues on its current trend, crop production in Africa will decline by 2.9% in 2030 and by 18% by 2050. About 200 million people risk suffering from extreme hunger by 2050.

Gallup: Significantly more Americans name immigration as the most important problem facing the U.S. (28%) than did a month ago (20%). Immigration has now passed the government as the most often cited problem, after the two issues tied for the top position the past two months. The government ranked first each month from January through November 2023.

BI: American Millennials not having enough babies could crimp growth by 1-2 percentage points a year. At the current trajectory, that's set to weigh on the economy for the next decade or more.

Fox Business: Panera Bread was exempt from California’s $20 minimum wage law after owner reportedly donated to Gov. Newsom.

NYP: Indiana lawmakers are pushing a bill to prevent foreign adversaries from buying up precious farmland — after a damning report showed Chinese investors own nearly 385,000 acres of US land.

A MESSAGE FROM OUR PARTNERS

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