Here's an update on the performance of the ETFG Dynamic Indexes. ETFG currently lists and publishes two Dynamic Indexes, the ETFG Quant Equity 10 (Symbol: ETFGQE10) and the ETFG Quant Equity 12 – The Golden Dozen (Symbol: ETFGQE12) - let’s take a closer look at the recent performance of the ETFG Quant Equity 12.
Here is the most recent performance of the ETFG Golden Dozen as of 5/20/14:
Since inception in July of 2012, the ETFG Golden Dozen has returned 42.45% vs. 36.39% for ACWI and 38.83% for SPY. For the last 1 year period, the ETFG Golden Dozen has returned 11.87% vs. 8.81% for ACWI and 12.33% for SPY. Finally, in the most recent 6 months, the ETFG Golden Dozen has returned 5.39% vs. 4.23% for ACWI and 5.06% for SPY.
By way of background, the ETFG Golden Dozen is a global dynamic index comprised of the top ranked 12 equity ETFs as ranked by the ETF Global (Index Sponsor) Quant model that also meet the liquidity requirement. The eligible selection pool includes all U.S. listed, equity ETFs, excluding levered and inverse funds. All selected funds must also have average daily trading value of more than $5M per day.
The ETFG Quant model assigns a daily ranking to all of these relevant products using proprietary algorithms and employing dozens of industry metrics to gauge how likely an equity ETF will outperform the market in the foreseeable future. Selection for the ETFG Quant Equity 12 Index is performed prior to trading on the third Friday of each month. The portfolio is equally weighted and reconstitutes monthly on the second trading day following selection.
Congratulations to the ETFG Dynamic Indices on their continued outstanding performance and for more detail, information and statistics on the ETFG family of indices, please go to ETFG Indices.
Thank you for reading ETFG Perspectives.
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