The European Central Bank (ECB) is also considering injecting fresh stimulus to the economy through interest-rate cuts, or the relaunch of quantitative easing. As the second-quarter earnings season kicks off next week and attention shifts from central banks to earnings, we think volatility will likely pick up. With domestic large-cap stocks near all-time highs, its always a good time to review to review and potentially rebalance portfolios that have strayed far from the initial target asset allocation.
The ETFG Select list shows our top-rated ETF by each sector. Sprott Junior Gold Miners ETF (SGDJ) is our top rated Basic Material. SPDR S&P Retail ETF (XRT) is our top rated Consumer Discretionary. PowerShares S&P SmallCap Consumer Staples Portfolio (PSCC) is our top rated Consumer Staples. Our top rated Energy ETF is iShares Edge MSCI Multifactor Energy ETF (ERGF).
The top 3 Quant Gainers of this week are IQ Chaikin US Large Cap ETF (CLRG), SPDR Russell 1000 Yield Focus ETF (ONEY), and First Trust Index Innovative Transaction & Process ETF (LEGR). The top 3 Quant Losers of the week are Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN), Global X MSCI China Communication Services ETF (CHIC), and Global X MSCI Greece ETF (GREK).
To learn more about our ETFG Quant Gainers and Losers, please visit us at https://www.etfg.com/research/quant-movers or call us at (212) 223-ETFG (3834).
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