ETFG currently lists and publishes two Dynamic Indexes, the ETFG Quant Equity 12 – The Golden Dozen
(Symbol: ETFGQE12) and the ETFG Quant Equity 10 (Symbol: ETFGQE10).
These two indices are simple and constructed monthly from the
output of the ETFG Quant model, and in short, have knocked the cover off the
ball since inception in July 2012. Here
is the most recent performance for each as of 8/19/14:
ETFG Quant Equity 12
(Golden Dozen)
|
Effective Performance
|
ETFGQE 12
|
ACWI
|
SPY
|
|
Effective Performance – 1 Month
|
1.72%
|
-0.21%
|
0.33%
|
|
Effective Performance – 6 Months
|
12.51%
|
6.29%
|
8.38%
|
|
Effective Performance – 1 Year
|
22.19%
|
16.33%
|
20.41%
|
|
Since inception – July 2012
|
53.74%
|
40.64%
|
46.86%
|
ETFG Quant Equity 10
|
Effective
Performance
|
ETFGQE 10
|
ACWI
|
SPY
|
|
Effective Performance – 1 Month
|
1.75%
|
-0.21%
|
0.33%
|
|
Effective Performance – 6 Months
|
13.46%
|
6.29%
|
8.38%
|
|
Effective Performance – 1 Year
|
21.89%
|
16.33%
|
20.41%
|
|
Since inception – July 2012
|
51.70%
|
40.64%
|
46.86%
|
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 of an
average daily trading value of more than $5M per day. The eligible selection
pool includes all U.S. listed, equity ETFs, excluding levered and inverse funds.
The ETFG Quant model assigns a daily ranking to 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 see ETFG
Indices.
Thank you for reading ETFG Perspectives.
