Which ETFs are about to benefit from a reduction in US interest rates?

●US medium- and long-term bond ETF
In the early stages of interest rate cutsU.S. BondsIt is said that the probability that it will rise is extremely high. Also, long-term bonds are more sensitive to changes in interest rates than short-term bonds. This is because long-term bonds pay fixed interest over the future, so changes in interest rates have a larger impact on long-term cash flow. Long-term US bond ETF TLT is sensitive to changes in interest rates, and when interest rates rise, TLT prices fall, and prices tend to rise when interest rates fall.
Related stocks
$iShares 20+ Year Treasury Bond ETF(TLT.US)$、 $Vanguard Intermediate-Term Treasury ETF(VGIT.US)$、 $iShares 7-10 Year Treasury Bond ETF(IEF.US)$、 $Direxion Daily 20+ Year Treasury Bull 3X Shares ETF(TMF.US)$etc

●US mid/small cap ETF
Generally, there is a high possibility that small-cap stocks will benefit more than large stocks in interest rate reduction cycles. The financing of small and medium-sized enterprises is largely dependent on loans (indirect finance). Interest rate cuts reduce borrowing costs, and for small and medium-sized enterprises that rely on bank loans or variable interest rate loans, it means a reduction in cost, and in turn an increase in profit margins.
Related stocks
$iShares Russell 2000 ETF(IWM.US)$、 $Vanguard Small-Cap ETF(VB.US)$、 $iShares Core S&P Small-Cap ETF(IJR.US)$、 $Proshares Trust Pshs Ultruss2000(UWM.US)$、 $Direxion Daily Small Cap Bull 3X ETF(TNA.US)$etc

●Biotech ETF
Biotechnology financing and M&A tend to be extremely active during periods of low interest rates, and even when there is no external financing, borrowing can be carried out at a low cost to maintain daily operations.
Related stocks
$SPDR S&P Biotech ETF(XBI.US)$、 $ARK Genomic Revolution ETF(ARKG.US)$、 $iShares Biotechnology ETF(IBB.US)$、 $Direxion Daily S&P Biotech Bull 3x Shares ETF(LABU.US)$etc

●Gold (gold) ETF
According to analysts, they pointed out that the interest rate cut cycle was good for gold (gold). The price of gold in dollars is generally inversely correlated. When the dollar index rises, the price of gold falls, and conversely, when the dollar index falls, the price of gold tends to rise. As the Fed shifts to a cycle of interest rate cuts, it is anticipated that the dollar will shift to a depreciation trend, and it is expected that the performance of gold prices will improve.
Related stocks
$SPDR Gold ETF(GLD.US)$、 $ISHARES GOLD TRUST MICRO(IAUM.US)$、 $Gold Trust Ishares(IAU.US)$、 $Abrdn Gold ETF Trust(SGOL.US)$、 $Spdr Gold Minishares Trust(GLDM.US)$、 $MICROSECTORS GOLD 3X LEVERAGED ETN(SHNY.US)$etc