Friday, February 17, 2017

Registration Closing - Spring 2017 ETF Global® Portfolio Challenge!

Join the students from over 250 schools who have played and don't get left out of the largest virtual investment contest of its kind!

There is still plenty of time to register and participate in the Spring 2017 ETF Global® Portfolio Challenge - registration is open through Tuesday, February 21st at www.etfportfoliochallenge.com

The ETF Global® Portfolio Challenge provides college students worldwide the opportunity to vie against their fellow classmates and other schools for some very cool prizes intended to benefit both their education and their careers. The contest is FREE and requires no purchase at any time.

Each student constructs their own virtual portfolio of between 4-10 ETFs and competes on the performance throughout the school semester. Any and all Undergraduate and Graduate students can register - sign up today!

All details can be found at www.etfportfoliochallenge.com

We wish our players all the best in this virtual investment competition and thank you for reading ETF Global Perspectives!

#etfwizards



_____________________________________________________________
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 13, 2017

Milestones and Valentine's Day Testimony

It was another week for the record books as all three major U.S. indices hit record highs and the so called “Trump Rally” continued. Also announced this week, Vanguard continues to win with their low cost, passively managed index funds. The U.S. based money manager now tops $4 trillion in AUM.

This surge in assets comes with lofty projections for the ETF industry and rightfully so. Price Waterhouse Coopers released a research report projecting $1.1 trillion of assets pouring into the ETF Industry by 2018 and over $2 trillion more by the end of 2021. That would bring the fast growing industry to over $6 trillion in assets.

This week the PowerShares S&P SmallCap Consumer Staples Portfolio (PSCC) and the PowerShares Contrarian Opportunities Portfolio (CNTR) led the way in our ETFG Quant reward model. Both funds are currently sporting an “A” rating and have scores of 70.5 and 75.4 respectively.

In our Quant Movers, the Deutsche X-trackers MSCI EAFE Small Cap Hedged Equity ETF (DBES) and the Vanguard High Dividend Yield ETF (VYM) had the highest total weekly change. They moved 14.44 and 11.82 respectively. DBES currently holds a “C” rating on our Quant score and VYM holds a “D.”

Within our Risk Ratings, Direxion has 4 of the top 5 riskiest funds this week according to the ETFG Red Diamond Risk Model. GASL, which is a triple levered, bullish on gas fund, lead the way with the highest risk score at 10. That was followed by GASX, another gas related fund, LBJ, a Latin American bull fund and ERX, an Energy bull fund. All of them are tripled levered which pulls down the structure score in our model - learn more here.

The coming week is sure to be a busy one led by Fed Chairwoman Janet Yellen testifying before congress on Valentine’s Day. She will be delivering her semiannual monetary policy report before the U.S. Senate on Tuesday and will then make her way to the House of Representatives on Wednesday. This is the first time she will appear before lawmakers since the start of the Trump Administration and you can rest assured that the markets will be listening intently.

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.

Saturday, February 11, 2017

Spring 2017 ETF Global Portfolio Challenge - Now Over 250 Schools!

The ETF Global® Portfolio Challenge provides college students worldwide the opportunity to vie against their fellow classmates and other schools for some very cool prizes intended to benefit both their education and their careers. The contest is FREE and requires no purchase at any time.

Each student constructs their own virtual portfolio of ETFs and competes on its performance throughout this school semester. Any and all Undergraduate and Graduate students can register at www.etfportfoliochallenge.com through February 17th - sign up today!

Registration remains open and all details can be found at www.etfportfoliochallenge.com

We wish our players all the best in this virtual investment competition and thank you for reading ETF Global Perspectives!

#etfwizards



_____________________________________________________________
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 10, 2017

Spring 2017 ETP Forum - Friday, April 7th at The New York Athletic Club

The Spring 2017 ETP Forum will be held on Friday, April 7th at The New York Athletic Club - all event information will be available at: www.etpforum.org

The event's agenda strives to reflect those trends emerging most prominently within the markets and the recent developments within the Asset Management arena. Please see below for a list of panels under consideration:
  • The First 100 Days of the New U.S. President
  • New-to-Market ETF Roundtable
  • Best Execution/Liquidity/Trading Challenges
  • Differentiting between Strategic Beta Strategies
  • The Future of ESG Exchange-Traded-Funds
  • Best Investment Opportunities in 2017
Once again, all event information including Agenda, Registration, Sponsorship and important conference updates will be available at www.etpforum.org

See you soon and 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 6, 2017

Super Bowl Monday

Monday, February 6, 2017 – Congratulations to the Super Bowl Champion New England Patriots and all their fans for pulling off the big comeback!

Week two of the Trump administration was marked by swings between gains and losses in the equities markets as a flurry of executive actions on immigration, trade and regulation gave rise to fresh volatility. A controversial immigration ban stoked uncertainty in early week market action, sending the Dow Jones Industrial Average to its worst day of the year on Monday. Markets appeared to be heading for a weekly decline after mixed earnings releases and decisions by the ECB, BOJ, and Fed to leave monetary policies unchanged failed to provide a catalyst to reverse early week loses. However, a better than expected January payrolls report and Trump's directives to overhaul the Dodd-Frank Act and relax banking regulations injected new optimism in the markets on Friday and helped lift U.S. equities into positive territory for the week. The S&P 500 and NASDAQ 100 each added 0.1% for the week, while the DJIA shed 0.1%, despite posting its largest advance on the year on Friday.

Financial sector and bank ETFs were among the top performers for the week, after receiving a major boost on Friday from Trump's decision to begin dismantling Dodd-Frank. Within the financial community, Dodd-Frank regulations were viewed as excessively burdensome and complex. These regulations and tighter capital requirements were viewed as particularly damaging to smaller regional and community oriented banks. Therefore, Friday's moves to simplify and ease banking regulations provided immediate support to regional bank ETFs. The iShares U.S. Regional Banks ETF (IAT), SPDR S&P Regional Banking (KRE), PowerShares KBW Regional Bank Portfolio (KBWR), and First Trust NASDAQ ABA Community Bank Index Fund (QABA) all benefited from the rally, rising 2.04%, 2.4%, 2.6% and 2.3% respectively on Friday. Broader sector funds, like the Financial Select Sector SPDR (XLF) and Fidelity MSCI Financials Index ETF (FNCL), also benefited from Friday's executive order, advancing 1.8% and 2.03%. This in conjunction with continued improvements in earnings could help the financial sector maintain its momentum in the months ahead.

Our Quant Movers list underscores the continued post-election shift from defensive assets towards cyclical stocks. Favored by investors last year amid a period of sluggish global growth and ultralow interest rates, ETFs such as PowerShares S&P 500 Low Volatility Portfolio (SPLV), Reality Shares DIVCON Dividend Defender ETF (DFND), PowerShares High Yield Equity Dividend Achievers Portfolio (PEY) have lost some of their appeal as growth expectations have strengthened since November's election. SPLV, DFND, and PEY all finished the week amongst the top 10 losers in our Quant Movers list. Conversely, the highly cyclical iShares Russell 2000 Growth ETF (IWO) finished as the top gainer on our Quant movers list for the week.

While earnings season and central bank policy decisions have wielded a disproportionate influence on market expectations and activity in recent years, it appears this influence has been moderated with the arrival of our new administration. It seems now, given the boldness and unpredictability of our new president, traditional drivers of market activity have been subordinated by political considerations. This may have important implications ahead as our increasingly volatile political atmosphere may soon translate into fresh market volatility.

Thank you for reading ETF Global Perspectives!

ETFG 21 Day Free Trialhttps://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, January 30, 2017

We Begin the First 100 Days

Monday, January 30, 2017 - Ever since Franklin D. Roosevelt assumed his role as the 32nd President of the United States in March of 1933, each subsequent presidency has often been defined and judged by the actions they take during their first 100 days in office. FDR inherited a nation that was mired in the depths of the Great Depression. Upon assuming office, FDR immediately used the powers of the presidency to undo certain policies of his predecessor and steer the country into a new direction. 15 landmark bills were passed during FDR's first 100 days that laid the groundwork for his entire presidency. While FDR's circumstances were unique, the legacy of the first 100 days has endured, as a period for a new president to take swift and decisive actions to reshape the country according to his or her vision. This transition period is now often regarded as a measure of presidential effectiveness and a barometer of the policy direction the country will undergo with each new president.

Accordingly, the first week of Trump's presidency has been subject to intense scrutiny. Similar to FDR, albeit for different reasons, Trump has taken office during a period of widespread uncertainty. This uncertainty has kept the markets on edge since November's election, as investors have awaited a clear policy direction from our new administration. The uncertainty that accompanied the Trump administration began to abate this week, during which Trump acted on several of his campaign pledges on trade, regulation, immigration and foreign policy. As the priorities of Trump's administration have begun to emerge, investors are now assessing the areas of the economy that appear poised to benefit from our new President.

The major benchmarks all registered new highs thanks to last week's emerging policy clarity, positive earnings reports, and continued hope for faster economic growth. Most notably, the Dow Jones Industrial Average broke through 20,000 milestone for the first time in its 120 year history. Not surprisingly, the Dow's index-tracking counterpart, the SPDR Dow Jones Industrial Average ETF (DIA), was among the top asset-gathering funds for the week, attracting nearly $595M in inflows.

Trump's early executive actions indicate that deregulation and infrastructure spending will be priorities of his administration. This fueled optimism among investors for related sector and industry funds deemed to benefit from these policy shifts, such as the Materials Select Sector SPDR (XLB) and ALPS Alerian MLP ETF (AMLP). XLB and AMLP rose 3.4% and 3.5% respectively for the week.

Our Quant Movers list paints a similar picture, where the perceived winners and losers of the Trump rally have registered the largest movements. IJR, the iShares Core S&P Small Cap ETF, is currently the top rated fund according to our Quant model. This conforms to the prevailing sentiment that domestically focused small-cap companies will prosper under Trump's protectionist policies and relaxation of regulations. Similarly, our top two Quant movers on the week are from the financial sector, whose prospects appear bright under Trump's pro-growth, anti-regulatory policy shifts. The Financial Select Sector SPDR (XLF) and iShares U.S. Broker-Dealers ETF (IAI) saw large rises in their behavioral scores amid this improving sentiment and ended the week as our top Quant gainers. Conversely, sentiment continued to sour on defensive sectors, like utilities, with the Utilities Selector Sector SPDR (XLU) experiencing the largest drop in our Quant behavioral score.

As the Trump administration's priorities continue to crystallize during his first 100 days, so will investors' understanding of how to operate and where they should consider deploying capital under our new president.

Thank you for Reading ETF Global Perspectives!

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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.

Monday, January 23, 2017

Short Week but Historic

Monday, January 23, 2017 - This was certainly an historic week given the inauguration of our new President, Donald Trump and the ongoing reviews and confirmations of now President Trump's cabinet members.

With the short trading week and the uncertainty of political change, volume was significantly lower than normal as stocks dropped for the second week in a row. The Dow Jones Industrial Average fell .3%, the S&P 500 Index dropped .1% and the NASDAQ lost .3%. Company Earnings reports fueled most of the volume in the market this week.

Interestingly, only 3 Sectors ended the week in the red but two of them were pretty significant - the Financials and Health Care sectors took the biggest hit losing 1.5% each, while consumer Discretionary only took a small .04% loss. On the other side, Consumer Staples was the best performing sector with a gain of 2.06%. A big driver of the Consumer Staples gain was Procter and Gamble’s beating analyst estimates on Friday with profits of $1.08 per share versus expectations of $1.06 per share on sales of $16.85 B versus the $16.77 B expectation and an increase of 3% in the stock price.

Via the ETF Exposure report, we can see what ETFs have the greatest exposure to Proctor and Gamble and see how they performed this week. The 3 biggest holders of Proctor and Gamble are XLP, Consumer Staples Select Sector SPDR Fund, FSTA, Fidelity MSCI Consumers Staples ETF, and VDC Vanguard Consumer Staples ETF. They hold 12.37%, 10.9%, and 10.51% respectively and all 3 funds increased by roughly .5% this week.

This week in the ETFG Quant Movers, we have IJR, Ishares Core S&P Small-Cap ETF, BWV, iPath CBOE S&P 500 buywrite index ETN, and JDG, Wisdomtree Japan Dividend Growth Fund, that gained the most in our quant score.  IJR increased by 22.61 points, BWV increased by 18.88, and JDG increased by 14.18 points.  On the flip side we have HDEF, Deutsche X trackers MSCI EAFE High Dividend Yield Hedged Equity ETF, XLF, Financial Select Sector SPDR Fund, and VRP PowerShares Variable Rate Preferred Portfolio that lost the most points in our quant score. HDEF lost 23.25, XLF lost 20.52, and VRP lost 19.7.

This week in our Select List we have 2 funds that went from being unraked last week all the way to the number 1 spot in their respective Categories.  IJR, iShares Core S&P Small-Cap ETF in the North America category, and TAN, Guggenheim Solar ETF, in the Theme Category.

Thank you for Reading ETF Global Perspectives!

ETFG 21 Day Free Trialhttps://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.