29 Dec, 2020 16:45 am

Want To Take Advantage Of The January Effect? 2 Small Cap ETFs Can Help

Want To Take Advantage Of The January Effect? 2 Small Cap ETFs Can Help
Stocks Analysis by (Tezcan Gecgil/ covering: Brooks Automation Inc, Saia Inc, Community Bank System Inc, Agree Realty Corporation. Read (Tezcan Gecgil/'s latest article on

The Invesco S&P SmallCap Financials ETF (NASDAQ: PSCF ) invests in a range of small-cap US financial services firms that offer products and services in banking, investment management, insurance and real estate finance.p PSCF, which tracks the S&P SmallCap 600 Capped Financials and Real Estate Index, has 598 holdings.Top names in the ETF include Kinsale Capital, real estate investment trusts (REITs) Innovative Industrial Properties (NYSE: IIPR ) and Agree Realty (NYSE: ADC ), pet insurance provider Trupanion (NASDAQ: TRUP ) and Community Bank System (NYSE: CBU ), which offers banking and employee benefit services.Automation, vacuum, and instrumentation solutions provider Brooks Automation (NASDAQ: BRKS ), cancer genetics diagnostic testing specialist NeoGenomics (NASDAQ: NEO ), insurance group Kinsale Capital (NASDAQ: KNSL ), outdoor leisure product manufacturer Yeti (NYSE: YETI ) and trucking company Saia (NASDAQ: SAIA ) lead the fund.

With that information in mind, here are today’s two ETFs: The Vanguard S&P Small-Cap 600 Growth ETF (NYSE: VIOG ) invests in a range of growth stocks found in the S&P SmallCap 600 index.One of these is the January effect which suggests that returns, especially in small-cap stocks, during the first month of the new year, are statistically larger than during other months.

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