Momentum and Earnings

Monday, January 29, 2018 - Markets got off to a fast start right out of the gate last Monday, in part due to the spending bill recently passed by Congress to fund the government for another 3 weeks. Stocks maintained this positive momentum and hit a record high in the week. Major indexes had their fourth consecutive weekly gain. The Dow Jones Industrial Average gained 2.1%, the S&P 500 gained 2.2% and NASDAQ gained 2.3%. Every sector had a positive week as well. Leading the way were Consumer Discretionary gaining 3.32%, Healthcare gaining 3.51% and Real Estate gaining 2.29%.

ETFG Equity Exposure Report - Last week saw many companies in the S&P 500 report earnings with one of them being Netflix, who surged almost 8% on Tuesday after their earnings release. The jump in share price pushed the company’s market cap to above $100 Billion for the first time. In the ETF Global Exposure Report we can simply input any stock ticker to see what ETFs have the biggest concentration to that particular stock. For Netflix, there is 6.76 billion of exposure of Netflix in the ETF universe. The biggest holders of Netflix are PNQI, Powershares NASDAQ Internet Portfolio, FNG, Advisorshares New Tech and Media ETF and First Trust Dow Jones Internet Index Fund. They hold 10.16%, 7.94% and 6.76% of their portfolio respectively in Netflix.

ETFG Weekly Select List - This week in our weekly Select List we had 2 new funds that went from being unranked last week to being number 1 in their respective categories.  BBH, VanEck Vectors Biotech ETF,  in the Global category, and FDVV, Fidelity Core Dividend ETF, in the High Dividend Yield category.  Please this week's complete Select List here - ETFG Select List - January 29, 2018

ETFG Quant Movers - This week in our biggest weekly quant movers we have  AFTY, CSOP FTSE China A50 ETF, BRF, Vaneck Vectors Brazil Small- Cap ETF, and  MXI, Ishares Global Materials ETF, as the top 3 gainers this week. They gained 30.65%, 20.86%, and 17.95% respectively in our Quant score.

On the other side in the biggest losers for the week were PXH, Powershares FTSE RAFI Emerging Markets Portfolio, VDC Vanguard Consumer Staples ETF and DTN WisdomTree Dividend EX Financials Fund. They dropped 19.03% 18.87% and 18.22% in their respective Quant Ratings.

Thank you for reading the ETF Global Perspectives!

ETFG 21 Day Free Trial:  https://www.etfg.com/signup/quick

_____________________________________________________________

Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor's currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income of or from that investment to the investor.