Monday, September 17, 2012


September 17:
QE3 is boarding and Friday’s Quant leaders have been joined by the SPDR S&P Metals and Mining ETF (XME) jumping 73 positions into the top 5 and Vanguard’s Energy Sector ETF (VDE) rising from position 36 to 8.  Europe and Asia-Pacific were the strongest ETF Global Geographic Indices Friday and a notable gainer in Quant was the WisdomTree Asia Pacific ex-Japan Total Dividend ETF (AXJL) rising 176 spots onto the ETFG 100 Portfolio at 66th place.  Losing its place on that Portfolio was the iShares Russell 2000 Growth ETF (IWO) which began the week at 25th place and finished at 106 on the Quant ranking.  All Sector Indices gained on Friday led by the ETF Global Materials Index rising 2.13% and the Energy Index gaining 1.48%, Health Care was the laggard but still managed to stay in the green by 0.02%.  Fixed Income was the only negative Asset Class index on Friday, dropping 0.19%.  The posh seats on QE3 look to be equities where the ETF Global Equity Index led the pack rising 0.79% on Friday and 19.75% for the year, second only to the Real Estate Index at 41.05% year to date.  Wrapping it up, the ETF Global 1000 Index, the world’s only benchmark that crosses geographies and asset classes rose 0.55% on Friday and is up 18.92% so far this year.

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