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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