Intel is included as a US stock in a new ETF, with the creator expressing curiosity about its selection over other chipmakers like Broadcom or AMD.
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Ninepoint Launching 8 NEW HighShare ETFs (3 Canadian & 5 U.S. Stocks)
Ninepoint is launching eight new single-stock leveraged covered call ETFs, including Canadian companies Constellation Software and Celestica, and US companies Nvidia, Tesla, Palantir, Google, and Intel. The ETFs will have a lower fee of 29 basis points compared to competitors. The creator speculates on whether these new ETFs will be added to the ECHI all-in-one ETF, believing it could diversify ECHI and potentially increase its distribution yield.
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Palantir is listed as a 'hot stock' and a data-focused company whose higher volatility could increase ETF yields if included.
Tesla is identified as a 'hot stock' with high volatility, and its inclusion in new ETFs is seen as a positive for potentially increasing yield.
Nvidia is highlighted as a 'hot stock' and a chip maker with high volatility, suggesting its inclusion in new ETFs could boost yield.
Kinross Gold is mentioned as a new gold stock ETF being launched, alongside Barrick Gold which is already in the ECHI ETF.
Celestica is a Canadian technology company involved in hardware supply chain electronics, with a 31 billion market cap, being launched as a new single-stock ETF.
Constellation Software is a Canadian technology and software company with a 63 billion market cap, being launched as a new single-stock ETF.
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