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Street One Financial President Scott Freeze on how to make smart investments in the right ETFs to minimize your risk.
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Nine but stopped freezes here he says he's got to wait to get you to make money there while limiting your risk -- president of street -- financial fifty.
In assets under management here in a Fox Business exclusive.
-- before we get your names and you've got a whole bunch of the might want people to hear those and why because you very interesting reasons as to what will drive this for your portfolio.
Simple answer -- to YE TFs work.
Right now for a portfolio.
-- -- now's the perfect example you see the negative days that we've had ETS are gonna negate the single stock -- that you have and give you broad based perspective.
OK let's get to the minor arts and tighter perspectives and we'll start with the China GDP.
Looks like it's slightly slowing down -- have been eight point 9% now it's eight point 1% that missed estimates of what's going on how do you play that with -- ETF.
-- -- estimates for this the only point 1% exact phenomenal for.
They're too big ETS in the China space the first one is FX side its nice shares product that's the squats in the space it's the 800 pound gorilla.
Trades over twenty million shares a day.
It's mostly that large -- financial companies insurance companies banks.
Then there is C does TH IQ which is global ex China consumer which -- allows investors to drill down into where the consumer products which is really what's fueling China's growth.
And they're getting higher salaries and China there will be a stronger consumer would that then participate in part of why this is an ETF that should be in the portfolio.
Yes for both -- Let's get to I want to go to -- but we just have Phil Orlando federated here saying that he expects gold to move higher for whole host of reasons which he outlined.
Can you articulate which -- the better less obvious -- to me.
Ever talks about GLT.
But that's actually down year over year that particular ETF are -- battery TS for -- Well looking -- where gold is bid and where we've then we agree with -- we think that gold is going to Conchita run.
-- GG GG isn't sure gold miner ETF and what investors' needs realizes these miners have been.
Mining the gold out of the ground and selling futures contracts at the elevator prices have been coddled Iraq until haven't -- it has been lagging but third earnings should substantially be because as the price of gold has fallen they're still locked in by the contracts that they sold that they're selling at the higher prices then if gold does rebound -- Phil said.
Then -- will be able to re up their hedge and sell higher prices again.
I want to go to technology now ETFs and technology a lot of them and folks you need to know this.
You may not understand this but a lot of them have super sized exposure to apple within the ETFs you say that's dangerous.
It is and did that big part is apple is over 20% holding in the QQQ and the -- okay.
Once it hits 22 to 24% capacity re waiting which can be a massive apple sell as an as a market -- close order to have significant impact.
There are other that there are other ETF south -- such as -- QQQE.
Which is new direction product in first trust QQ -- W.
Coming QTC which are equally products.
And they balance out there waiting so that apple -- and 20% it's still one and a half percent along with everything else.
And if you look at the performance the equal weights are only lagging by 3% of the ones that are heavily invested in apple.
Without having all the risk that you get with apple which is why you buy an ETF.
And that is why you need to hear from Scott because look you don't know what Apple's going to do it has been beautifully performing but.
If you have too much -- exposure to anything it could be a problem Scott thank you thank you very much you know what we are right now gonna put those names all of them up on.
