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Next week shows earnings from several notable names, including Zoom Video (Nasdaq: ZM), Louise (New York Stock Exchange: down), nvidia (Nasdaq: NVDA) and Dell (New York Stock Exchange: Dell). In addition to affecting individual stocks, these results can also trigger potential moves in stock-linked exchange-traded funds
With that in mind, here are some key ETFs to watch during next week’s earnings round:
ETFs attached to Zoom Video
Zoom (ZM) reports its latest quarterly earnings update on Monday, May 22nd. The video communications software company is expected to report a profit of $0.99 on revenue of $1.08 billion.
ZM can be found in 175 exchange-traded funds. Here are the five funds with the highest concentrations towards stocks (listed along with ZM weighting within the ETF):
- ARK Innovation ETF (ARKK) by 7.76%.
- ARK Next Generation Internet ETF (ARKW) by 6.52%.
- Spear Alpha ETF (SPRX) by 5.68%.
- Global X Education ETF (EDUT) by 4.87%.
- TD Capital Fund (DIP) by 4.61%.
Lowe’s Companies ETFs
Retail giant Lowe’s (LOW) is set to report its quarterly numbers on Tuesday, May 23rd. Wall Street experts expect the company to disclose EPS of $3.46 on revenue of $21.66 billion.
LOW can be observed in 293 exchange-traded funds. Here are the five funds that have the most significant portfolio position to the stock:
- VanEck Retail ETF (RTH) by 4.85%.
- Pacer BioThreat Strategy ETF (VIRS) by 4.47%.
- iShares US Consumer Focused ETF (IEDI) by 4.26%.
- iShares US Home Construction ETF (ITB) by 4.11%.
- Invesco BuyBack Achievers ETF (PKW) by 4.10%.
Nvidia-linked ETFs
Wednesday, May 24th will see Nvidia (NVDA) release its latest financial numbers. Analysts expect the end result to be $0.92 per share. Meanwhile, Wall Street also expects revenue of $6.52 billion.
There are currently 408 different ETFs containing NVDA shares. Here are the five funds that provide investors with the most focus on the stock:
- ProShares Ultra Semiconductors (USD) by 22.10%.
- VanEck Semiconductor ETF (SMH) by 15.09%.
- AXS Esoterica NextG Economy ETF (WUGI) by 14.18%.
- Pacer Data and Digital Revolution ETF (TRFK) by 13.09%.
- Simplify the Volt RoboCar Disruptions and Tech ETF (VCAR) at 10.99%.
Dell Technologies ETFs
Earnings data for Dell Technologies (DELL) is also due. The technology customer is scheduled to announce its latest numbers on Friday, May 16th. DELL is expected to disclose EPS of $0.86 on revenue of $20.31 billion.
DELL can be seen in 138 exchange-traded funds. Here are the five funds with the largest weightings in the company:
- The average R&D equity ETF (MRND) was 2.88%.
- Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) by 2.00%.
- American SRH Quality Fund (SRHQ) by 1.99%.
- Newday Ocean Health ETF (AHOY) by 1.22%.
- Defiance Next Gen Connectivity ETF (FIVG) by 1.10%.