|Bid||112.04 x 1300|
|Ask||113.90 x 1100|
|Day's range||112.95 - 114.66|
|52-week range||67.56 - 114.66|
|PE ratio (TTM)||N/A|
|YTD daily total return||11.75%|
|Beta (5Y monthly)||1.18|
|Expense ratio (net)||0.35%|
The rally was powered by upbeat data across the globe, easing monetary policies, stronger-than-expected earnings and trade deal optimism.
The Fed cut rates and signaled a pause in the easing cycle. This may result in a market crash in the medium term. Investors thus see safety in these ETFs.
Brushing aside the latest antitrust probe news, the tech ETFs surged on upbeat earnings, likely Fed policy easing and inherent strength of the sector.