Home ETFdb.com Buy on the Dip Prospects: October 22 Edition

Buy on the Dip Prospects: October 22 Edition

Below is a look at ETFs that currently offer attractive buying opportunities.

The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively.

Advertisement

Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term ‘buy on the dip’ opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.

To get access to all ETF Database premium content, sign up for a free 14-day trial to ETF Database Pro.

  • 44 ETFs made it to the buy on the dip prospects list. The U.S. market was volatile last month, with stocks near record highs but facing pressure from flaring U.S-China trade tensions. Amid uncertainty over trade, a potential AI bubble, and credit market turmoil, investors are moving into safe-haven assets like gold and silver, causing their prices to soar.
  • Many Bitcoin funds such as Grayscale Bitcoin Mini Trust ETF (BTC ), VanEck Bitcoin ETF (HODL ), and Bitwise Bitcoin ETF (BITB ) featured on the buy on the dip list. Bitcoin has fallen significantly from its recent high, with analysts attributing the market decline to widespread profit-taking and macroeconomic uncertainties, including inflation and the impact of new trade tariffs.
  • Direxion Daily FTSE China Bull 3X Shares (YINN A+), Invesco China Technology ETF (CQQQ B-), and iShares MSCI China ETF (MCHI A) were buy on the dip contenders. Chinese markets fell as persistent weakness in the property sector and a flare-up in trade tensions with the U.S. weighed on investor sentiment. Check out our Chinese Equity ETFs’ list here
  • Several bank ETFs like Invesco KBW Bank ETF (KBWB B), SPDR S&P Bank ETF (KBE A), and SPDR S&P Regional Banking ETF (KRE A-) also made it to the list, sparking broader Wall Street concerns about credit market stability after two banks reported issues with fraudulent and bad loans.
  • SPDR S&P Homebuilders ETF (XHB A+) and iShares U.S. Home Construction ETF (ITB A) as a surge in available existing homes dampened builder demand for new projects.

To compare this month’s list with the one published October 1st, click here”:

ETFs to Buy on the Dip

TickerNameLast1-Year ReturnLeverage
(BABX B)GraniteShares 2x Long BABA Daily ETF52.531.1493Double-Long
(SHLD )Global X Defense Tech ETF67.150.7222Long
(BTC )Grayscale Bitcoin Mini Trust ETF49.10.6151Long
(HODL )VanEck Bitcoin ETF31.350.6151Long
(BITB )Bitwise Bitcoin ETF60.290.6129Long
(ARKB )ARK 21Shares Bitcoin ETF36.850.6113Long
(FBTC )Fidelity Wise Origin Bitcoin Fund96.690.6107Long
(IBIT )iShares Bitcoin Trust ETF62.930.6107Long
(GBTC B+)Grayscale Bitcoin Trust ETF86.890.5914Long
(ETH )Grayscale Ethereum Mini Trust ETF37.510.5004Long
(ETHW )Bitwise Ethereum ETF28.550.4987Long
(ETHA )iShares Ethereum Trust ETF30.140.498Long
(VNM C+)VanEck Vectors Vietnam ETF18.20.4857Long
(ETHE A-)Grayscale Ethereum Trust ETF32.740.4649Long
(YINN A+)Direxion Daily FTSE China Bull 3X Shares50.640.4313Triple-Long
(EUFN B)iShares MSCI Europe Financials ETF33.360.3512Long
(CQQQ B-)Invesco China Technology ETF55.030.3251Long
(MCHI A)iShares MSCI China ETF64.120.27Long
(KWEB B)KraneShares CSI China Internet ETF40.360.2392Long
(IGV B+)iShares North American Tech-Software ETF113.890.2338Long
(EWW A)iShares MSCI Mexico ETF65.940.2211Long
(KBWB B)Invesco KBW Bank ETF75.870.2079Long
(NVDL B+)GraniteShares 2x Long NVDA Daily ETF88.590.1994Double-Long
(XLY A)Consumer Discretionary Select Sector SPDR Fund236.280.1843Long
(ASHR B+)X-trackers Harvest CSI 300 China A-Shares ETF32.330.1634Long
(XLF A)Financial Select Sector SPDR Fund52.790.1086Long
(XRT B+)SPDR S&P Retail ETF84.820.0858Long
(CONL B)GraniteShares 2x Long COIN Daily ETF37.830.0445Double-Long
(ETHT )ProShares Ultra Ether ETF79.460.0428Double-Long
(KBE A)SPDR S&P Bank ETF57.150.0275Long
(VTIP B+)Vanguard Short-Term Inflation-Protected Securities ETF50.150.0249Long
(KRE A-)SPDR S&P Regional Banking ETF60.540.0151Long
(FALN A-)iShares U.S. Fallen Angels ETF27.570.0136Long
(DFSV B)Dimensional US Small Cap Value ETF31.680.0115Long
(SDVY B)First Trust SMID Cap Rising Dividend Achievers ETF37.530.0062Long
(NVDX A)T-Rex 2X Long NVIDIA Daily Target ETF18.020.0045Double-Long
(PDBC A-)Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF13.32-1.11%Long
(ETHU )Volatility Shares 2x Ether ETF114.54-1.93%Double-Long
(FENY A+)Fidelity MSCI Energy Index ETF24.1-2.70%Long
(PGX A-)Invesco Preferred ETF11.58-7.06%Long
(XHB A+)SPDR S&P Homebuilders ETF108.6-13.49%Long
(ITB A)iShares U.S. Home Construction ETF103.88-19.68%Long
(MSOS )AdvisorShares Pure US Cannabis ETF4.94-31.10%Long
(MSOX C)AdvisorShares MSOS 2x Daily ETF7.86-82.84%Double-Long
Content continues below advertisement

Please note that this list is updated on a monthly basis.

For more ETF analysis, make sure to sign up for our free ETF newsletter.

Disclosure: No positions at time of writing.

newETFs.io respects the hard work of others and gives all credit to the remarkable folks at ETFdb.com. This excerpt/article was pulled from their RSS feed; click here to view the original. Please note that on occasion, the RSS feed will not have the author. When this happens this site defaults the author to "News". Make no mistake, this excerpt/article was not created by newETFs.io, it was simply shared with you.

Advertisement