Global X MSCI Nigeria ETF

NGE tracks a market-cap-weighted index of about 20 companies that are headquartered or listed in Nigeria and carry out the majority of their operations in Nigeria.

Bitwise Bitcoin Strategy Optimum Roll ETF

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JPMorgan ActiveBuilders International Equity ETF

JPMorgan ActiveBuilders U.S. Large Cap Equity ETF

Janus Henderson Net Zero Transition Resources ETF

Noble Absolute Return ETF

Advisorshares Poseidon Dynamic Cannabis ETF

AXS 1.5X PYPL Bull Daily ETF

First Trust SMID Cap Rising Dividend Achievers ETF

First Trust NASDAQ Technology Dividend Index Fund

ETFMG Sit Ultra Short ETF

GraniteShares XOUT U.S. Large Cap ETF

Only eight funds debuted during the week ending August 11. The new ETF launches included a sustainable commodity fund from USCF Advisers, two fixed income ETFs from Strive Asset Management, and an options strategy ETF targeting Netflix stock from YieldMax.

This Week in ETFs: USCF, Strive Debut Funds

AI Powered Equity ETF

ETFMG Travel Tech ETF

Asian Growth CUBS ETF

TrueShares ESG Active Opportunities ETF

Etho Climate Leadership U.S. ETF

Wedbush ETFMG Video Game Tech ETF

ETFMG Treatments Testing & Advancements ETF

ETFMG Prime Cyber Security ETF

Hartford Schroders ESG US Equity ETF

ETFMG Prime Mobile Payments ETF

BlueStar Israel Technology

Wedbush ETFMG Global Cloud Technology ETF

ETFMG Alternative Harvest ETF

ETFMG US Alternative Harvest ETF

Nightshares Russell 2000 ETF

Nightshares Russell 1000 ETF

Revere Sector Opportunity ETF

ETFMG Prime Junior Silver ETF

The week ending Friday, July 21, has been busy for the ETF industry, though launches were muted. A total of seven funds rolled out, which suggests the market could be entering some kind of summer slump.

This Week in ETFs: A Summer Slowdown

Breakwave Dry Bulk Shipping ETF

VanEck Vectors Brazil Small-Cap ETF

VanEck Vectors Digital Transformation ETF

KraneShares Global Carbon Offset Strategy ETF

ProShares VIX Short-Term Futures ETF

The U.S. stock market ended the second quarter of 2023 on a high note, with major indexes recording significant gains despite mounting recession fears and a tight central bank policy.

Best and Worst ETF of Second Quarter From Different Zones

Defiance Hotel Airline and Cruise ETF

iShares U.S. Home Construction ETF

US Global Jets ETF

VanEck Mortgage REIT Income ETF

iShares Mortgage Real Estate ETF

SPDR S&P Homebuilders ETF

SPDR S&P Transportation ETF

June was an impressive month for Wall Street. The three major indexes posted decent gains.

Top-Performing ETF Areas of June

Global X MSCI Argentina ETF

iShares MSCI Poland ETF

iShares MSCI Brazil ETF

iShares MSCI Brazil Small-Cap ETF

Franklin FTSE Brazil ETF

Global X MSCI Greece ETF

Invesco DB US Dollar Index Bullish Fund

As the second-quarter draws to a close, Wall Street and global markets, must be interested in knowing which country ETFs won in the second quarter.

5 Country ETFs Beating the S&P 500 in Q2

Teucrium Sugar Fund

MicroSectors FANG+ ETN

ALPS O'Shares Europe Quality Dividend ETF Shares

iPath Series B Bloomberg Sugar Subindex Total Return ETN

The second-quarter quarter was upbeat for the stock market, having gained positive momentum from an agreement on the U.S. debt ceiling, encouraging Q1 results, easing inflation and an AI frenzy.

5 Best-Performing ETF Areas of Q2

Global X Blockchain ETF

UBS AG FI Enhanced Large Cap Growth ETN

VanEck Vectors Semiconductor ETF

Spear Alpha ETF

SoFi Web 3 ETF

Valkyrie Bitcoin Miners ETF

Wall Street has been upbeat in the first half of 2023. These ETF investing areas gained more than 40% in the first half of 2023.

6 ETF Areas Up At Least 40% in the First Half

Loncar Cancer Immunotherapy ETF

Advisorshares Managed Bitcoin Strategy ETF

Fidelity Disruptors ETF

VanEck Vectors Muni Allocation ETF

Invesco PureBeta FTSE Developed ex-North America ETF

Invesco PureBeta FTSE Emerging Markets ETF

Invesco PureBeta US Aggregate Bond ETF

Invesco PureBeta MSCI USA Small Cap ETF

Invesco Balanced Multi-Asset Allocation ETF

Invesco Conservative Multi-Asset Allocation ETF

Invesco Growth Multi-Asset Allocation ETF

Invesco Moderately Conservative Multi-Asset Allocation ETF

First Trust Developed International Equity Select ETF

AdvisorShares Drone Tech ETF

PIMCO Ultra Short Government Active ETF

Global X 1-3 Month T-Bill ETF

Future Fund Long/short ETF

FT Cboe Vest US Equity Moderate Buffer Etf-June

iShares iBonds Dec 2033 Term Corporate ETF

iShares iBonds 2030 Term High Yield and Income ETF

iShares Copper and Metals Mining ETF

iShares Lithium Miners and Producers ETF

PIMCO Multi Sector Bond Active ETF

Clouty Tune Etf

UVA Dividend Value ETF

It was a busy week for ETF launches and closures. A total of 15 ETFs launched during the week shortened by the Juneteenth holiday, defying the typically slow launch count for weeks surrounding three-day weekends.

Last Week in ETFs: 15 Launches, Closures Continue Rapid Pace

Data from the Central Bank of Nigeria shows that the amount of currency in circulation hit a nadir in February, having fallen 70% year-on-year at that point. Consistent with the issues highlighted by the PMI data, GDP figures for the opening quarter of the year showed a slowdown in growth to 2.3% year-on-year.

Nigerian Business Activity Recovers As Cash Crisis Eases

Breakwave Tanker Shipping ETF

iShares MSCI South Africa ETF

Franklin FTSE South Africa ETF

Invesco KBW Regional Banking ETF

SPDR S&P Regional Banking ETF

In this edition of the top weekly ETF performers, KraneShares stood out with carbon offset ETF KSET. The KraneShares Global Carbon Offset Strategy ETF (KSET) returned 17% for the week, only outperformed by the Breakwave Tanker Shipping ETF (BWET).

Carbon Offset ETF KSET Leads Top Weekly ETFs

Nigerian equities have risen this year. But sticky inflationary pressures, steep rate hikes, and severe Naira shortages are major headwinds.

NGE: Near 50% NAV Discount Not Enough To Compensate For Nigeria Risks

ALPS Medical Breakthroughs ETF

Virtus LifeSci Biotech Clinical Trials ETF

Aberdeen Standard Physical Palladium Shares ETF 

iPath Series B Bloomberg Platinum Subindex Total Return ETN

GraniteShares Platinum Trust

Aberdeen Standard Physical Platinum Shares ETF

Invesco DWA Healthcare Momentum ETF

Simplify Propel Opportunities ETF

In a somewhat surprising turn, biotech and life sciences-focused ETFs were the driving themes in the last week's top-performing ETFs, with the ALPS Medical Breakthroughs ETF (SBIO) leading the way with a 10% return.

ALPS' Biotech ETF SBIO Week's Top Performer

United States Brent Oil Fund LP

iPath Bloomberg Coffee Subindex Total Return ETN

KraneShares CICC China 5G & Semiconductor Index ETF

iPath Pure Beta Crude Oil ETN

United States Gasoline Fund LP

United States Oil Fund LP

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

The increase in oil and sugar prices has affected not only households but also ETFs. Oil ETFs have surged in response to rising oil and gas prices.

Some Fire, a Little Sugar, and a Spoon of Coffee

VanEck Vectors Africa Index ETF

Inflation is expected to remain elevated longer in Sub-Saharan Africa than in other regions. The surge in global commodities prices in 2021 gave room to Sub-Saharan Africa countries to adopt fiscal consolidation measures as tax proceeds, particularly from the mining sector, boosted government revenue.

GDP Growth In Sub-Saharan Africa Likely To Slow In 2023

February Stanbic IBTC Bank PMI data, compiled by S&P Global, signalled the sharpest decline in business activity since the Nigeria PMI survey began in 2014, outside of the first wave of the COVID-19 pandemic. Fuel shortages exacerbated the cash-related difficulties facing firms.

Nigeria Cash Crisis Hits Activity In February

NGE offers a high IRR in nominal terms. Meanwhile, FX risk should in theory be limited.

NGE: Nigerian Stocks Offer A High Potential IRR But Not Without Risk

Nigeria is not well positioned to benefit from higher oil prices moving forward. Non-oil sectors have helped Nigeria deliver lower single-digit growth.

Global X MSCI Nigeria ETF: Hold If You Must

Impala Platinum Holdings Ltd

Jumia

Lesaka Technologies Inc

Naspers Ltd

So, what are the best African stocks to buy at present? Consider taking a look at these seven.

7 Best African Stocks to Buy Now

Rising input costs and weaker exchange rates of local currencies are primarily responsible for the rapid price increases in recent months. The spike in global oil prices has increased the demand for refined fuel imports in sub-Saharan Africa given the lack of sufficient local refinery capacity.

Sub-Saharan Africa Feels Inflationary Heat From Russia-Ukraine War

Banco Bradesco

Banco de Chile

Bancolombia

iShares MSCI Saudi Arabia ETF

Global X MSCI Pakistan ETF

Emerging market banks will likely be among some of the most interesting contrarian buys within emerging markets, as investors will likely shift to safer consumer themed stocks. Economic and political sentiment will continue to be poor among emerging markets, so stocks have certainly not reached a final bottom.

Outlook For Emerging Market Banks

Franklin FTSE Saudi Arabia ETF

iShares MSCI Qatar ETF

SPDR S&P 500 ETF Trust

iShares MSCI Turkey ETF

iShares MSCI UAE ETF

Vanguard FTSE Emerging Markets ETF

Emerging market (EM) ETF investing is currently in a tight spot due to the dollar strength, rising rates in the United States, capital outflows, a slump in China's economy, rising inflation and a debacle in Russia investing.

5 Emerging Markets & Its ETFs Defying the Losing Trend in 2022

The S&P Global Sub-Saharan Africa PMI posted at 52.3 in March, remaining above the 50.0 neutral mark.

Tide Of Rising Prices Stems Economic Recovery In Sub-Saharan Africa

Getting diversified exposure overseas can benefit a portfolio by adding a growth factor amid shaky markets. When things stabilize, these growth opportunities — like Nigerian equities — have the potential to shine.

Nigeria ETF Rises as Economic Outlook Improves

Investors looking for an emerging market (EM) opportunity for 2022 that offers potential growth may want to look at the country of Nigeria. While emerging markets have been decimated as of late thanks to the COVID-19 pandemic, a stronger push for vaccinations is making EM assets look more valuable relative to potential growth opportunities.

This Nigerian ETF Could Be an Opportune Play for 2022

Nigeria's restrictive FX policies, unhealthy dependence on oil exports, and unremarkable FDI flows make the Naira vulnerable.

NGE- Key Considerations For Prospective Investors

News for Global X MSCI Nigeria ETF ETF (NGE)