With the prospect of a resolution to the trade war
growing bleaker, U.S. stocks failed to register a seventh consecutive week of
gains. Following this week's trading activity, the DJIA, S&P 500, and
Nasdaq declined 0.5%, 0.3%, and 0.2% respectively.
ETFG Quant Movers – Those ETFs
who have had the largest weekly change in their respective, overall ETFG Quant
ratings.
ETFG Quant Winners: The ETFs experiencing the
largest advances in their ETFG Quant Scores this week were the iShares Currency
Hedged MSCI United Kingdom ETF (HEWU), Reality Shares DIVCON Dividend Defender
ETF (DFND), Principal Millennials Index ETF (GENY), ProShares Decline of the
Retail Store ETF (EMTY), and Arrow Dogs of the World ETF (DOGS).
ETFG Quant Losers: Conversely, the ETFs suffering
the biggest drops in their Quant scores this week were the Innovator S&P
500 Ultra Buffer ETF (UJUL), Validea Market Legends ETF (VALX), Invesco
Preferred ETF (PGX), BMO Elkhorn DWA MLP Select Index ETN (BMLP), and First
Trust Nasdaq Semiconductor ETF (FTXL).
ETFG Weekly Select List - The
five most highly rated ETFs per Sector, Geographic Region and Strategy as
ranked by the ETFG Quant model.
With U.S.-China trade tensions in focus this week, we'd
like to put the spotlight on ETFs within the trade-sensitive Industrials
sector. With escalating trade uncertainty clouding the outlook for this sector,
here are the top 5 rated Industrials ETF from our Select List that may offer
upside potential within this increasingly precarious group - First Trust NASDAQ
Global Auto Index Fund (CARZ), Fidelity MSCI Industrials Index ETF (FIDU), John
Hancock Multifactor Industrials ETF (JHMI), First Trust Global Engineering
and Construction ETF (FLM), and First Trust RBA American Industrial Renaissance
ETF (AIRR).
Thanks for reading ETF Global Perspectives and Happy Thanksgiving!
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