Thursday, September 20, 2012

September 20:
Good housing data yesterday, but it was August data and the SPDR Homebuilders Fund (XHB) already had its move in anticipation, it was up yesterday but failed to take out its recent high from last week.  Quant actually knocked the fund down a few places to an unimpressive 654th place out of 812 equity ETFs.  No clear message from Quant regarding yesterday’s activity as the big movers up and down were spread across various sectors and market caps.  Today’s sector with the best average Quant rank is the Industrials with an average rank of 333.6, but only 3 funds on the ETFG 100 list.  Sporting a worse average rank of 347.14, the Technology sector is second best but has 8 funds in the top 100.  The Vanguard Information Technology Sector Fund (VGT) jumped 27 positions to 5th place, ahead of the SPDR Technology Select Sector Fund (XLK) which maintained its position at 6th place.  Technology is the only sector with two representatives in the top 10.  There are 11 Energy funds in the top 100 giving it the 5th place on Quant’s average sector ranking.  Basic Materials and Health Care are the 3rd and 4th sectors on the best average Quant score list but each have only two funds in the top 100.  The iShares Dow Jones U.S. Medical Devices Index Fund (IHI) made the top 10 at number 7.  Click on any of our indices on the home page to see the funds in those groups and then click on any of the funds to see their detailed Tear Sheets with full Quant scores, constituent info, and much more.  We love to get your feedback on anything else you might want to see at  Thanks for taking a look.

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