ETFG Quant Movers - We highlight those ETFs with the largest movement in our ETFG Quant Score.
ETFG Quant Winners: The ETFs with the biggest percentage increase in their ETFG Quant Score this week were PNQI, LDRS, JKD, JPLS, and SKYY with 35.71%, 31.29%, 29.12%, 28.52%, and 27.16% gains respectively. What’s worthy to note is that 2nd and 3rd place % Gainers, LDRS and JKD, are two ETFs that seek to track the overall US markets and the largest US Companies, and this may coincide with the overall positive week the US market had.
ETFG Quant Losers: The ETFs with the biggest percentage decrease in their ETFG Quant Score this week were FNDE, PWV, EDIV, QDEF and FDG, with % losses of -25.99%, -20.44%, -20.02%, -19.82%, and -19.80% respectively. The 1st and 3rd biggest losers, FNDE and EDIV, are both emerging markets ETFs, which can be attributed to the tumultuous weeks that emerging markets such as China and Brazil faced.
Lastly, we’ll look at the ETFG Weekly Select List and compare this week’s list to the previous week.
ETFG Weekly Select List - The five most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model. We highlight the ‘Sector’ Category where we see some of the biggest movers this week include:
· CIBR (First Trust Nasdaq Cybersecurity ETF), which moved from 3rd place to 1st place this week in the ‘Technology’ sub-focus.
· XLF (Financial Select Sector SPDR Fund), which went from unranked the previous week to 1st place this week in the ‘Financials’ sub-focus.
· FXG (First Trust Consumer Staples AlphaDEX Fund), which went from unranked the previous week to 2nd place this week in the ‘Consumer Staples’ sub-focus.
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