iShares U.S. Industry Rotation Active ETF Price & Performance (INRO)

The second term of President Donald Trump has introduced a renewed focus on tariffs, aiming to address trade deficits and bolster U.S. manufacturing. While tariffs may generate federal revenue, their uncertain implementation has created market volatility. Prolonged tariffs could pressure U.S. equities, but strong fundamentals and resilient economic growth may offset long-term impacts.1

Dividend-focused ETFs in Canada are attracting attention for their balance of income and capital appreciation. Heavy exposure to sectors like financials and energy makes them sensitive to economic cycles, but they offer consistent distributions. Notably, actively managed funds such as Fidelity’s Canadian High Dividend ETF are gaining traction for their ability to adjust to market conditions.2

February saw a shift in investor sentiment as U.S. stocks underperformed, leading to increased interest in international ETFs. These funds provide diversification and exposure to global markets, which performed better in January. The move reflects a broader trend of seeking stability and growth opportunities outside the traditional U.S. equity space.3