Defiance Pure Electric Vehicle ETF

EVXX

Market cap $1.55M

The week ending March 8 saw a lot of activity in the ETF industry, with 17 new ETFs debuting and several closures. A range of ETFs also underwent or expect to enact material changes.

Wall Street was mixed last week. The Nasdaq and the S&P 500 hit a new all-time high on the artificial intelligence boom and the Fed rate cut bets.

We have highlighted three ETFs, each from the best and worst-performing zones in the middle of first-quarter 2024.

January proved to be a month of fluctuation for Wall Street. While concerns about reduced expectations for rate cuts had an adverse impact, the stock market saw a rally thanks to strong corporate earnings and renewed confidence in the tech sector.

Defiance ETFs has launched the Defiance Israel Bond ETF (NYSE Arca: CHAI) to provide exposure to the Israeli bond market. The fund begins trading on the New York Stock Exchange.

Charlie Munger's investment philosophy, which prioritizes quality, selective investing, and a long-term perspective, can influence ETF investors to be discerning in their choices and avoid excessive diversification.