Friday, March 22, 2019

ETF Global® & Fuzzy Logix Partner on Dynamic Backtesting Platform

Friday, March 22, 2019 - For Immediate Release: ETF Global®, a leading provider of ETF research and data and Fuzzy Logix, a leader in fintech software, have teamed up to bring a turnkey offering under the FastINDX brand to the market. The software, offered as a cloud subscription, will enable Indexers, ETF Issuers and Asset Managers to rapidly backtest innovative portfolio strategies. This cloud-based platform allows users to quickly bring strategies to market while enabling automatic reviews and rebalancing, based on a customer-specified calendar.

The FastINDX software, available at FastINDX.com, comes pre-loaded with data on global equities dating back to inception and several hundred pre-defined factors for users to leverage in their portfolio strategies. Additional factors and ratings, unique to a client, can be imported into the workflow through a self-service portal.

The partnership enables ETF Global to offer the software and associated bespoke analysis for their clients. "This is a turnkey solution that reduces the production time from weeks to minutes," commented James Budd, Vice President of Research Sales at ETF Global. "The captured efficiencies provide an immediate benefit to our clients."

"We are excited to be partnering with a renowned player in the Industry such as ETF Global" said Partha Sen, CEO of Fuzzy Logix. "Their credibility in this marketplace, coupled with our best-in-class technology, should allow the two firms to quickly scale this offering."

The software is available for previews and a 21-day free trial at www.FastINDX.com.  For product and sales inquiries, please contact James Budd at jbudd@etfg.com.

ETF Global Contact:
James Budd
Vice President of Research Sales
jbudd@etfg.com            
(212) 223-3834

Fuzzy Logix Contact:
Aashu Virmani
EVP, Sales and Marketing
(978) 337-8379


Thank you for reading the ETF Global Perspectives!
_______________________________________________________
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.

Monday, March 18, 2019

Markets Resume Upward Climb

Monday, March 18, 2019 - Markets recovered strongly last week around the globe after the investors had a chance to act upon last Sunday night’s 60 Minutes TV Interview with “Boom Boom” Jerome Powell (see our last week’s Blog) who indicated that the Fed was well aware of the various outside risks (Brexit, European and China slowdowns and worldwide low inflation pressures) and that the Fed will stay the course with interest rates and respond as necessary to new economic data and developments. These comments were welcomed and investors bid up equities in the US and generally around the world.

Despite a rough first week of March, US Equity Markets ended the week up strongly with the Large Cap weighted S&P 500 closing at 2,822.48 and the broader NASDAQ Composite closing at 7,688.53 for a weekly gain of 2.89% and 3.78%. The tragic 737 Max 8 crashes and subsequent grounding of the aircraft weighed down the DJIA with Boeing being the main culprit. Nevertheless, the S&P 500 and NASDAQ Composite Indexes are up a solid 12.49% and 15.87% year-to-date, putting the indexes on course to make up for lost ground in Q4 2018.

This Tuesday and Wednesday, the Fed Open Market Committee will meet as markets will be awaiting Wednesday’s news conference on the meeting for any new indications on Fed moves. Investors in Asia will be focused on the technical charts showing a bottoming in Chinese equities and the news of a no-resolution of the Brexit situation.

While news on immediate horizon concerning the US – China Trade issue may indicate progress, we would caution investors that the problems plaguing the Boeing 737 MAX 8 factor greatly in these discussions according to an article in Sunday’s Financial Times. Why? Because Chinese Airlines and Leasing Companies account for some 10% of Boeing’s 737 Max Orders. This shortfall in plugging the trade gap with the US will not be easy to make up as there is simply not enough high ticket items manufactured in the US to plug the gap. Hence any investors should be cautious with any rallies based on resolution of trade issues. The Boeing factor will simply draw discussions out.

We expect market volatility to pick up with an upward bias this week. We do not expect any surprises at the FMOC press conference with Chairman Powell this Wednesday.  The “Fed Put” is well intact.

Sectors that will likely benefit from the continuing weaker dollar include Energy, Materials (Commodities), Industrials and Emerging Market Countries carrying high debt levels, Mexico, Turkey, Brazil, South Africa and Russia. Again, investors who share this view should use the ETF Screener in conjunction with the Select List to place their bets.

Investors seeking safety in this environment should consider utility and REIT ETFs which provide yield and some price movement participation. This creates opportunities for traders and active investors who can use ETFs to take advantage of real-time market volatility – both up and down!

To take advantage of this, we suggest looking at our ETFG Weekly Select List.

To best support the ETF selection process, The ETFG Weekly Select List highlights the 5 most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model. We highlight a couple of ETFs that attracted our attention for investors seeking to benefit from US dollar weakness:  in Materials, GOAU, GDX, and SGDJ; in Energy OIH, EMLP score high while PXI moved up; in Industrials, FLM, FIDU, CARZ top the group.  Oddly, there was not a lot of movement in the rankings this week.

Thank you for reading the ETF Global Perspectives!

ETFG 21 Day Free Trial:  https://www.etfg.com/signup/quick

_____________________________________________________
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.

Monday, March 11, 2019

Staying the Rate Course

Monday, March 11, 2019 - Markets sold off last week after a good run since the New Year. The first week of the March was the worst down week for investors since December in both the US and Europe. US Equity Markets ended the week down with the large cap weighted S&P 500 closed at 2,743.07 and the broader NASDAQ Composite closed at 7,408.14 for a weekly loss of  2.16% and  2.46%.  Nevertheless, the indexes are up a solid 9.42% and 11.65% year-to-date—not a bad gain to lock-in for those of the faint of heart.

Early in the week, reports that the US Trade Deficit widened to record levels put investors on yellow alert. Then the old concerns that we have heard before took over investors’ attention: an accelerated European slowdown, a hard Brexit Landing, a rising US Dollar and then Friday morning’s extremely negative swing in the Jobs Data fueled the sell-off.

Overseas things were not better. Weak OCED and European Central Bank reports led Mario Draghi to pivot and signal that the Bank would hold interest rates at near zero levels longer than was expected thru year-end and he indicated that new credit facilities would be implemented to maintain banking liquidity and encourage additional lending to the private sector. Nevertheless, European Banks sold off as did the Euro.

Investors in China focused on the February trade numbers for both exports and imports which dropped considerably implying an accelerating slowdown - investors promptly sold off domestic stocks.

By Sunday night, investors welcomed a 60 Minutes TV Interview with “Boom Boom” Jerome Powell (see our January Blog) who indicated that the Fed was well aware of the various outside risks (Brexit, European and China slowdowns, worldwide low inflation pressures), as well as, recent disappointing Employment data and concern on upcoming retail sales. Two things he communicated was that the Fed will stay the course with interest rates and respond as necessary to new developments and that he intended to serve out his four-year term regardless of any bullying from the POTUS – who by law, could not fire him. These comments were well received in Asia at the Monday opening and will likely stabilize market for the time being.

News on the immediate horizon that will fuel volatility this month is the looming Tuesday Confidence Vote on the May Government as well as the March 29 Brexit Resolution Deadline with the EU and any announcement of a trade deal with China. On the latter, we expect a minor deal covering specific goods, services and commodities however, the thornier and more significant issues such as Intellectual Property protection, Currency Manipulation, and Monetary Policy controls are likely to be elusive for now especially with the “Made In China 2025” Industrial Technology Initiative so sought by Beijing in full swing.

Look for the US Administration to talk down the US dollar in an effort to boost US exports and help countries carrying high debt burdens.

We expect market volatility to pick up as indexes test technical support levels, particularly the DJ Transports. The next recession is the most anticipated recession of all times according to Ed Yardeni yet it has yet to materialize. This is the significance to Sunday night’s interview with Chairman Powell who indicated that the Fed will continue to be sensitive to any economic headwinds as well as be diligent to inflationary pressures over 2% annually.  The “Fed Put” is well intact. Sectors likely benefit from a weaker dollar include Energy, Materials (Commodities), Industrials and Emerging Market Countries carrying high debt levels.

Nevertheless, Investor sentiment is increasingly cautious as concerns ranging from the economic fallout from govt shutdown i.e. the recent Jobs report, increased questioning of corporate earnings quality, stability in the oil markets, credit concerns, and Brexit which appears to be headed for a hard landing.  Investors are reducing exposure to risk assets and again focusing on a global slowdown. This creates opportunities for traders and active investors who can use ETFs to take advantage of real-time market volatility –both up and down!

To take advantage of this, we suggest looking at our ETFG Weekly Select List. To best support the ETF selection process, The ETFG Weekly Select List highlights the 5 most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model.

We highlight a couple of ETFs that attracted our attention for investors seeking to benefit from US dollar weakness:  in Materials, GOAU, GDX, and SGDJ; in Energy OIH, EMLP and AMLP score high; in Industrials, FLM, FIDU, FTXR and XFFS top the group.

We also would suggest looking at China ETFs for those that would be expected to hold Midcap Chinese companies given the upcoming expanding weighting of China stocks in the MSCI Emerging Markets Indexes. The stocks to gain the most will be mostly Midcap which are not currently found in the large cap ETFs like FXI.

We suggest keeping a mindful eye on tools like our Select List and Risk and Reward Ratings that can be used to evaluate the vast set of opportunities in the ETF marketplace. Today’s market realities require a new approach to macro investing, one in which individual investors now have access to tools via ETPs to customize risk and return profiles in their portfolios. Use our Scanner to find those funds.

Thank you for reading ETF Global Perspectives!

ETFG 21 Day Free Trial:  https://www.etfg.com/signup/quick

___________________________________________________
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.

Monday, March 4, 2019

Marching On

Monday, March 4, 2019 - After five days of tepid swings downward, stocks ended the week a few basis points up, securing a 10th straight week of price gains for the best two-month start to the 1st quarter market in 32 years. However as mentioned last week, Monday brought uncertainty as investors seemed agitated by four persistent market concerns – recession worries, trade tensions, the global slowdown and a resumption of Fed rate hikes. Michael Cohen's testimony and the U.S. North Korea summit in Vietnam also generated a lot of headlines, yet, didn’t cause any direct market implications.

On the economic front, delayed fourth-quarter GDP came in slightly stronger than expected at 2.6% with 2018 marking the best year of GDP growth in last decade coming in at a strong 2.9%. Though uncertainties remain, what the markets learned this week supports the case for an upward climb for stocks in 2019, albeit at a notable slower pace. Stocks didn't react much to the news as a delay was already priced in, with investors now focused on a trade agreement materializing with China. Speaking of China, on Thursday MSCI announced that it is quadrupling the weighting of Chinese mainland shares in its global benchmarks later this year, this move is predicted to draw upwards of $80 billion of fresh foreign inflows to the world’s second-biggest economy. MSCI also said that it will add Chinese mid-cap stocks to its emerging market benchmark in November, boosting the number of Chinese constituents in a variety of ETFs like KraneShares Bosera MSCI China A ETF (KBA).

Turning to market news, the S&P 500 increased 0.4% this week, extending its yearly gain to 11.8%, as shares of financial (+0.8%), information technology (+1.0%), and energy (+1.1%) sectors outperformed the broader market. In earnings news, retailers had a pretty good showing. Macy's (M), AutoZone (AZO), Lowe's (LOW), TJX (TJX), Best Buy(BBY), Gap (GPS), and Foot Locker (FL) all climbed on better-than-expected results. Home Depot (HD), too, had a solid fourth quarter but issued a not-so-great earnings report - the SPDR S&P Retail ETF (XRT) increased 2.3% this week. Investors looking for alternative ways to invest in high concentrations of the aforementioned stocks ought to utilize ETFG’s Grey Market Summary to identify investment opportunities.

ETFG Quant Movers – Those ETFs who have had the largest weekly change in their respective, ETFG Quant ratings:

ETFG Quant Winners: The top five ETFG Quant gainers from this past week included funds with an EM focus as expected from trade related headlines concurrent with strong performers, as well as, a few unexpected showcases. In order the top gainers were X-trackers MSCI EAFE Hedged Equity Fund (DBEF), KraneShares Bosera MSCI China A ETF (KBA), Alpha Architect International Quantitative Momentum ETF (IMOM), Global X MSCI China Consumer Discretionary ETF (CHIQ) and X-trackers MSCI Germany Hedged Equity Fund (DBGR) seeing a point increase of 11.14, 10.16, 10.08, 10 and 9.6 to their overall score.

ETFG Quant Losers: Notable losers included iShares U.S. Oil Equipment & Services ETF (IEZ), iShares Core MSCI EAFE ETF (IEFA), ProShares S&P 500 Ex-Technology ETF (SPXT), Global X Gold Explorers ETF (GOEX) and Global X Gold Explorers ETF (GOEX) seeing declines of -8.4, -8.4, -7.65, -7.6 and -7.29 to their respective overall score.

ETFG Weekly Select List - the five most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model.

We saw some significant movement in the North American section of the Geographical category when comparing last week’s Select List to the most current one. New names to this portion of the weekly report included SPDR Portfolio S&P 500 Value ETF (SPYV) bringing up the rear at 5th place and iShares Russell Mid-Cap ETF (IWR) snagging 3rd iShares Nasdaq Biotechnology ETF (IBB) jumped from 3rd to 1st place. This resonates well with an article we published last week after some impressive headlines. To read the full analysis please see the link here: Biotech Is Worth The Hype, But Do You Have The Data?

Thank you for reading ETF Global Perspectives!

ETFG 21 Day Free Trial:  https://www.etfg.com/signup/quick

______________________________________________________
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.

Monday, February 25, 2019

Same News, Same Moves

Monday, February 25, 2019 - Last week, stock markets were influenced by familiar headlines: Fed policy commentary, U.S.-China trade negotiations and a mixed bag of economic reports. In Macro news, U.S. equities finished slightly higher for a fourth straight week, with the S&P 500, Dow Jones Industrial Average and NASDAQ closing the week up 0.6%, 0.6% & 0.7% respectively. Not to mention, we saw emerging markets outperforming (EEM, +2.21%).

Surprisingly, downside volatility remains subdued as the S&P 500 hasn't experienced a decline of 1% or more in the last 20 trading days. Since the December bottom, the key factors moving stock prices continue to be signs of a possible trade resolution with China, the Fed's patient attitude while gauging economic conditions before increasing rates and lastly a better-than-feared fourth-quarter earnings season. However, it should be expected that both upside and downside volatility will likely increase as the year continues. To that point, this week the market will likely take its cues from a full plate of economic headlines as well as ongoing political uncertainties, including but not limited to, President Trump's scheduled meeting with North Korean leaders, the delayed release of housing data and the fourth-quarter U.S. GDP report and a host of S&P 500 earnings announcements.

ETFG Quant Movers – Those ETFs who have had the largest weekly change in their respective, ETFG Quant ratings:

ETFG Quant Winners: The top five ETFG Quant gainers from this past week included funds with an EM focus as expected from Macro trends, as well as, a few unexpected showcases. The EM winners were X-trackers Harvest CSI 500 China-A Shares Small Cap Fund (ASHS) and Schwab Emerging Markets Equity ETF (SCHE) showing gains of 27.82% and 18.08% to their respective overall ETFG Quant Scores. The other winners included Bernstein Global Research Fund (BRGL), BMO Elkhorn DWA MLP Select Index ETN (BMLP) and Global X Lithium & Battery Tech ETF (LIT) showing gains of 27.27%, 21.42% and 20.73% respectively.

ETFG Quant Losers: Notable losers included Vanguard Consumer Staples ETF (VDC), Vanguard Value ETF (VTV), Vanguard Mid-Cap ETF (VO) and Vanguard Total World Stock ETF (VT) - these ETFs saw loses of -27.24%, -23.60%, -22.46% and -20.80% to their respective overall scores.

ETFG Weekly Select List - the five most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model.

Piggy backing on the previously mentioned theme of the emerging market development class, we'd like to highlight the top ranked funds in the EM portion of the Geography category. The largest movement was observed when iShares MSCI Emerging Markets ETF (EEM) moved from the 5th position to the 2nd when comparing this week’s list to the preceding. In addition, we saw some fresh faces making an appearance with Columbia EM Core ex-China ETF (XCEM), First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) and Columbia Emerging Markets Consumer ETF (ECON) snagging the 2nd through 5th place respectively.

Thank you for reading ETF Global Perspectives!

ETFG 21 Day Free Trial:  https://www.etfg.com/signup/quick

_____________________________________________________
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.

Friday, February 22, 2019

Registration Now Open - Spring 2019 ETP Forum, Tuesday, April 30, 2019

Friday, February 22, 2019 - We are proud to announce that ETF Global will again Chair the upcoming Spring 2019 ETP Forum on Tuesday, April 30th at The New York Athletic Club and Registration is now open!

Now in its 6th year, this one-day symposium convenes some of the most widely recognized experts in Exchange-Traded-Funds and the brightest minds in Capital Management. The ETP Forum features renowned speakers addressing cutting-edge topics within a vibrant and intimate learning atmosphere.

Panel topics will include:

  • New-to-Market ETF Roundtable
  • ETF Best Execution
  • Thematic Investing, Social Impact and ESG
  • Fixed Income and Yield for Today’s Environment
  • Differentiating Among Smart Beta Strategies
  • Around the Globe: Best Opportunities for 2019 & 2020


Video footage from the most recent ETP Forum is available on Expert Series TV at Expert Series TV

All information will be available on the event site at www.etpforum.org

We look forward to seeing you there and thank you for reading ETF Global Perspectives!

__________________________________________________________
Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.

Tuesday, February 19, 2019

Trends Continue...

Tuesday, February 19, 2019 - It was another huge week for Major US Indices as all 3 ended up more than 2%. This continued strength is quite remarkable as earnings season has not been one to write home about and talks of government shutdowns and national emergencies continue to shake main street. For the week, the Dow Jones Industrial Average finished up about 776 points or 3.1% while the S&P 500 gained 61 points or 2.5% and the Nasdaq Composite was up 151 points or 2.4%.

In ETFs, we continue to see outflows in major US index tracked ETFs. IVV, the iShares Core S&P 500 ETF, QQQ, the Invesco Nasdaq ETF and IWD, the iShares Russell 1000 ETF, lost assets of $6.93B, $2.88B and $1.86B respectively in the month of February. In inflows, investors continue to flock to fixed income ETFs with BNDX, the Vanguard International Bond Fund, taking in over $2.48B or over 25% of its AUM in the month of February, all according to our ETFG Fund Flow Summary.

In the ETFG Quant Movers, we saw international based ETPs gain the most percentage points to their overall scores. The CSOP MSCI China A International Hedged ETF (CHNX), the iShares MSCI Canada ETF (EWC) and the Global X Scientific Beta Asia ex-Japan ETF (SCIX) added 10.81, 9.27 and 9.19 to their overall Quant scores respectively.

ETFG Weekly Select List - the 5 most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model.

Because of the Sector’s success in the major indexes this week, we’d like to highlight some substantial movement in Technology when comparing this week’s Select List to last week’s. The First Trust NASDAQ Semiconductor ETF (FTXL) held strong in the first overall spot while the Global X FinTech Thematic ETF (FINX) jumped up three spots to the second overall position. It took over for the First Trust Nasdaq Cybersecurity ETF (CIBR) which got knocked out of the top 5 this week by the ETFMG Drone Economy Strategy ETF (IFLY) which is now in the 4th ranked spot. The SPDR S&P Telecom ETF (XTH) jumped up one spot to the 3rd overall position and rounding out the bottom of the top 5 was the 3D Printing ETF (PRNT).

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Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.