In the aftermath of the post election correction last fall, Quant began to turn its focus to the US market. We kicked off the holiday shopping season with 4 broad US Russell funds in the top ten on that Thanksgiving Friday and the following week we began to see the now familiar S&P 500 funds gaining top ranks. By December 4th we realized it was going to be difficult to maintain our huge outperformance versus the S&P with three funds tracking the index in the top ten. Santa brought his rally with those same Russell and S&P funds that represent the broad US market and were consistently earning top ranks. The same story carried into the New Year with some energy funds joining the party and giving us a chance to outperform the index, and they did not disappoint.
Having all those broad US funds in the top ranks did make it difficult to beat the S&P 500 and our performance has come down from the stratosphere but is still in the clouds. ETF Global is that rare firm that actually keeps track of how its top ranked funds perform and reports the results to our users and anyone else who wants to know. On the publicly available part of our site you can see how our Green Diamond Reward Ratings and our Quant rankings have performed since inception last summer, suffice to say very well. If your buy list comprises funds scoring 8 Green Diamonds or better, over a few months you have likely beaten the S&P 500 around 77% of the time, outperforming the index by about 50% on average. The Quant performance report groups the funds differently but shows similar returns.