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Which ETFs Are Making Major Gains Despite COVID-19?

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Nov 11, 2020

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Which ETFs Are Making Major Gains Despite COVID-19?

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Industries battered by COVID-19 have had the biggest gains on Monday and Tuesday after clarity emerged in the presidential election and $PFE vaccine data. Shares of travel companies saw some of the biggest jumps. The travel and tourism tech ETF $AWAY and U.S. airline ETF $JETS both jumped over 10% since the opening bell rang Monday morning. REITs were also among the biggest benefactors from the positive vaccine and election outlook. Shares of the iShares Global REIT ETF, which invests in a large variety of international real estate companies, jumped 8.2%. $REET was joined by the monolithic Vanguard Real Estate ETF, $VNQ, which jumped over 5%. REITs have been hammered amidst COVID-19 because of concerns about repayment and investment stability. Both ETFs fell over 36% from December 2019 to March 2020 amidst the fallout from the pandemic. Two financial service companies jumped onto our Rippers list today on the heels of their Q3 earnings reports. Money transfer company Moneygram jumped 10.4% after it reported revenue growth. Over the last few years, $MGI has been advancing a digital-first transformation of its international business. It was joined by Nelnet, a student loan servicer, which has been diversifying into banking and other financial services. The bulk of $NNI revenue growth in Q3 came from “asset generation” on derivatives.

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Pfizer applies science and its global resources to bring therapies to people that extend and significantly improve their lives. It strives to set the standard for quality, safety and value in the discovery, development and manufacture of health care products, including innovative medicines and vaccines. Every day, Pfizer colleagues work across developed and emerging markets to advance wellness, prevention, treatments and cures that challenge the most feared diseases of our time. Consistent with its responsibility as one of the world's premier innovative biopharmaceutical companies, it collaborates with health care providers, governments and local communities to support and expand access to reliable, affordable health care around the world. For more than 150 years, it has worked to make a difference for all who rely on it. It routinely posts information that may be important to investors on its website at www.Pfizer.com.

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