NEE continues to benefit from improving economic conditions, decline in interest rates and rising demand from its customers in Florida.
The Astoria US Equal Weight Quality Kings ETF has a 0.49% expense ratio and $140 million in equal-weighted assets across major sectors. ROE's 23% turnover and equal-weight strategy eliminate market cap bias but fail to generate alpha over broader cap-weighted indices, as represented by SPY or QQQ. Pairing ROE with the Roundhill Daily Inverse Magnificent Seven ETF (MAGQ) can offset Mag 7's impact, but requires precise timing and carries significant risks.