We have highlighted five sector ETFs that performed well last week and survived the broad market rout.
Small-cap stocks have been outperforming their bigger peers since late last year on vaccine and stimulus hopes.
On Aug 8, President Donald Trump tried to impose executive power by signing four actions on coronavirus relief.
Total S&P 600 earnings for Q1 are expected to be down 41.5% from the same period last year on 4% lower revenues. However, these sectors show better earnings prospects.
Total S&P 600 earnings for Q3 are expected to be down 19.5% from the same period last year on 3.6% higher revenues. However, these sectors outperformed.
Small-cap stocks have been leading the way higher with the Russell 2000 index on track for its best performance in the week.
Albeit the Q2 earnings season reflects a bumpy ride for small-cap stocks, a few sectors offer better growth rates, putting the related ETFs under the spotlight.
Amid heightened US-China trade tensions, investors can land up on five ETF strategies and follow the suggestions of Goldman Sachs.