Monday, January 25, 2021

The Eventful, Early Weeks of 2021

Monday, January 25, 2021 – After slipping the previous week and despite a drop last Friday, U.S. equities gained further ground as all major U.S. equity indices closed with weekly gains. U.S. equities have posted positive performance for most of this young year, fueled primarily by optimism surrounding the arrival of the Coronavirus vaccines, the political transition, the new stimulus package, and a solid start to the earnings season. For the week, the Dow Jones Industrial Average gained 187.72 points or .59% to close at 30,996.98, the S&P 500 gained 73.22 points or 1.94% to close at 3,841.47 and the NASDAQ Composite picked up 544.56 points or 4.19% to close at 13,543.06.

ETFG Fund Flow Summary - In the world of ETFs, these three products received the largest inflows during the week: iShares Core Total USD Bond Market ETF (IUSB) with $3B, iShares MSCI EAFE Value ETF (EFV) with $2.9B and the Financial Select Sector SPDR Fund (XLF) with $1.3B of net inflows. The SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV) and the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) experienced the greatest weekly outflows with $2.7B, $2.3B and $1.5B respectively.

ETFG Quant Movers - Those ETFs who have had the largest weekly change in their overall ETFG Quant ratings which is out of a scale of 1-100.

ETFG Quant Winners: In reviewing the top 3 point gainers in their respective ETFG Quant Model scores for the week, Ivy Focused Growth NextShares (IVFGC) gained 13.38 to 51.40, VanEck Vectors Generic Drugs ETF (GNRX) rose 12.50 to 38.70 and the Vanguard S&P 500 Growth ETF (VOOG) picked up 11.16 points to an overall ETFG Quant score of 41.42.

ETFG Quant Losers: On the flip side, the ETRACS NYSE Pickens Core Midstream (PYPE) dropped 13.92 points to 47.52, the JPMorgan Alerian MLP Index ETN (AMJfell 13.56 to 43.92 and the iShares MSCI Thailand ETF (THDdropped 12.53 to 54.07.

ETFG Weekly Select List: The five most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model.

This week, we highlight a Sector play in Energy that has been a wild ride and currently is recognized by our ETFG Quant model as the highest overall rated Sector.

The iShares Global Energy ETF (IXC) takes the top spot in this category, followed closely by the Energy Select Sector SPDR Fund (XLE) and the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). Rounding out our top 5 in the Energy Sector within this week’s ETFG Weekly Select List are iShares MSCI Global Energy Producers ETF (FILL) and the Invesco S&P 500 Equal Weight Energy ETF (RYE).

Thanks for reading ETF Global Perspectives and we hope you have a great week!

ETFG 21 Day Free Trial:


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.