In what has been a closely contested but highly volatile
competition, here are the top performing students - weekly Leaderboards are available at www.etfportfoliochallenge.com
Contest Leaders
|
||
Name
|
School
|
Portfolio Return
|
Kashif Anwer
|
Rutgers Business School
|
37.58%
|
Michelle Gu
|
University of Chicago
|
27.93%
|
Sean Hudson
|
University of Delaware
|
25.54%
|
Edwin Lee
|
Rutgers University
|
23.76%
|
Milos Montes
|
University of Puerto Rico- Rio Padres
|
22.75%
|
Matthew Parks
|
University of Central Florida
|
20.93%
|
Qiuye Dong
|
Michigan State University
|
20.93%
|
Zecheng Wang
|
University of Michigan
|
16.87%
|
Konstantin Ignatov
|
Essec Business School
|
12.61%
|
Yizhi Zhang
|
Frankfurt School of Finance and Management
|
12.38%
|
An analysis of our leaders’ portfolio holdings reveals that our top performers have loaded up on levered products, especially those bearish on gold like JDST
and DUST. Use of levered products is limited within the
contest but despite the inherent risks, the
use of levered products enabled our current leaders to generate staggering
short-term profits. Clearly, these bearish wagers on gold have paid off this week with it losing ground
over the 5 days of trading.
As illustrated by the above, our current leaders have delivered spectacular portfolio returns. As we have already passed the halfway mark of the performance period, we can see that the Fall 2016 ETF Global Portfolio Challenge will be deeply competitive and we look forward to continue watching the competition unfold, Let’s see who will become the next #etfwizard!
As you consider re-positioning your portfolio, we
encourage you to review the ETFG Weekly Select List. Developed by the Research Policy Committee, the ETFG Select List features the 5 most highly-rated ETFs by
Sector, Geographic Region and Strategy each week as ranked by the ETFG Quant model.
Thank you for reading ETF Global Perspectives!
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