Tuesday, April 27, 2021

#1 Rated ETFs - ETFG Weekly Select List – 4/27/21

Tuesday, April 27, 2021 - the ETF Global Weekly ETF Select List supports users with their respective Exchange-Traded Fund selection processes. All individual product ETFG Tearsheets may be viewed via our 21 Day, Free Trial at https://www.etfg.com/signup/quick

In the table below, we highlight those products which were #1 Ranked in this week’s Select List in their respective Category for Sector, Geographic Region and Strategy – please click on the table and individual Tearsheets are available by clicking on the individual ETF tickers:


 

 




















The ETFG Weekly ETF Select List features the 5 most highly rated ETFs by Sector, Geographic Region and Strategy as ranked by the ETFG Quant model. This weekly reference guide enables you to quickly and easily identify ETFs which meet your chosen criteria.

·       Selection pool includes all U.S. listed, equity ETFs, excluding levered and inverse

·       ETFG Quant model ranks daily all relevant products

·       ETFG Quant has four primary drivers:

o   Behavioral Finance (Technical Analysis & Sentiment)

o   Fundamental Analysis

o   Global Themes

o   Quality

·       Weekly Select List selection is performed prior to trading on Mondays

ETF Global encourages users to perform a more comprehensive review of the overall ETFG Quant rankings and to utilize the additional tools and resources available at www.etfg.com to further research and diligence exchange-traded funds.

Thank you for reading 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.

This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ETF Global does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Monday, April 26, 2021

A Rare, Recent Pause

Monday, April 26, 2021 – After alternating between gains and losses, stocks edged lower following a week of mixed sentiment. Stocks tumbled to start the week, as investors cautiously approached upcoming earnings announcements from a number of bellwether companies. High valuations combined with surging global coronavirus cases created a general sense of unease as the path towards a quick economic rebound became clouded. While positive economic data helped stage a mid-week rebound, reports on Thursday that the Biden administration is mulling a sharp capital-gains tax increase helped trigger the market's worst sell-off since March.

These jitters, however, were quickly reversed on Friday after encouraging economic data helped buoy sentiment and put the major market indexes within striking distance of their records. This end-of-week rally was sparked by key data releases, like IHS Markit's services sector and manufacturing surveys showing record expansions, a surge in monthly new home sales, and robust earnings from cyclical companies. Friday's rally sharply minimized losses for the week, with the Nasdaq, S&P 500, and DJIA finishing down just 0.3%, 0.1%, and 0.5% respectively.

ETFG Quant Movers - Those ETFs who have had the largest weekly change in their ETFG Quant Total Scores.

ETFG Weekly Quant Winners: The three biggest gainers in their ETFG Total Quant Scores were the Vanguard Russell 1000 Value (VONV) which added 23.13 points to 55.69, the Vanguard Russell 1000 Growth ETF (VONG) which gained 22.67 points to 62.62 and the Vanguard Russell 2000 (VTWO) which picked up 22.51 points to close the week with an ETFG Quant Total Score of 61.03.

ETFG Weekly Quant Losers: The three biggest losers in their respective ETF Quant Total Scores were the SPDR Wells Fargo Preferred Stock ETF (PSK) which lost 13.82 points to 40.10, the Credit Suisse X-Links Gold Shares Covered Call ETN (GLDI) dropping 12.40 points to 43.11 and the iShares International Preferred Stock ETF (IPFF) losing 8.77 points to 44.75.

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

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.

This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ETF Global does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Tuesday, April 13, 2021

#1 Rated ETFs - ETFG Weekly Select List – 4/13/21

Tuesday, April 13, 2021 - the ETF Global Weekly ETF Select List supports users with their respective Exchange-Traded Fund selection processes. All individual product ETFG Tearsheets may be viewed via our 21 Day, Free Trial at https://www.etfg.com/signup/quick

In the table below, we highlight those products which were #1 Ranked in this week’s Select List in their respective Category for Sector, Geographic Region and Strategy – please click on the table and individual Tearsheets are available by clicking on the ETF tickers:


 

 




















The ETFG Weekly ETF Select List features the 5 most highly rated ETFs by Sector, Geographic Region and Strategy as ranked by the ETFG Quant model. This weekly reference guide enables you to quickly and easily identify ETFs which meet your chosen criteria.

·       Selection pool includes all U.S. listed, equity ETFs, excluding levered and inverse

·       ETFG Quant model ranks daily all relevant products

·       ETFG Quant has four primary drivers:

o   Behavioral Finance (Technical Analysis & Sentiment)

o   Fundamental Analysis

o   Global Themes

o   Quality

·       Weekly Select List selection is performed prior to trading on Mondays

ETF Global encourages users to perform a more comprehensive review of the overall ETFG Quant rankings and to utilize the additional tools and resources available at www.etfg.com to further research and diligence exchange-traded funds.

Thank you for reading 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.

This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ETF Global does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Monday, April 12, 2021

Strong Market Performance Emanates From Continuing Themes

Monday, April 12, 2021 – U.S. equity markets continued their strong performances last week including another, all-time closing high for the S&P 500. Better than expected economic reports, most notably a firmer than expected Producer Price Index and a better-than-expected March, Non-Farm Payroll report, drove the positive equity markets’ activity, reinforcing investor expectations for a robust and comprehensive economic recovery.

The confluence of recent themes such as the accelerating distribution of Covid vaccinations, the potential positive impact of the Biden Administration’s economic relief policies and a supportive Fed remain constructive dynamics for U.S. equity prices. On the interest rate front, the yield on the closely watched 10 Year U.S. Treasury Note remained in a tight trading range that landed on 1.66% at the end of the week, slightly down from recent weeks’ yield.

For the week, the DJIA gained 647.39 to 33,800.60, the S&P 500 reached an all-time high gaining 108.93 points to close the week at 4,128.80 and the Nasdaq picked up 420.08 points to close the week at 13,900.19.

ETFG Quant Movers - Those ETFs who have had the largest weekly change in their ETFG Quant Total Scores.

ETFG Weekly Quant Winners: The three biggest gainers in their ETFG Total Quant Scores were found in the Fidelity NASDAQ Composite Index Tracking Stock ETF (ONEQ) which added 15.80 points to 52.92, the Barclays Return on Disability ETN (RODI) which gained 10.27 points to 62.42 and the Barclays ETN+ Shiller CAPETM ETN (CAPE) which picked up 8.02 points to close the week with an ETFG Quant Total Score of 62.29.

ETFG Weekly Quant Losers: The three biggest drops in their respective ETF Quant Total Scores were found in the Barclays Women in Leadership ETN (WIL) dropping 13.27 points to 51.03, the iShares MSCI Indonesia ETF (EIDO) which lost 12.90 points to 40.52 and the iShares MSCI Singapore ETF (EWS) which gave back 9.37 points to lose the week with an ETFG Quant Total Score of 50.09.

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

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.

This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ETF Global does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Wednesday, April 7, 2021

2Q 2021 - ETF Global Dynamic Model Portfolio Rebalance

Wednesday, April 7, 2021 - While the COVID-19 pandemic remains far from over, key elements to a transition to normalcy began to either take root or accelerate in the first quarter of 2021. Domestically, the outlook brightened considerably with supportive fiscal and monetary stimulus and a promising vaccination rollout. By the end of the quarter, the federal government had authorized, and was in the process of deploying, another $1.9 trillion in COVID-19 relief, bringing the total fiscal support to nearly $5 trillion since the onset of the pandemic in March 2020. The optimism sparked by this new, sizeable relief package was bolstered by the Federal Reserve’s pledge to continue to hold interest rates near zero and a vaccination campaign that has yielded around one-third of all U.S. adults receiving at least one vaccine dose as of the end of March. It is against this backdrop that we present our ETF Global Dynamic Model Portfolios quarterly update.

While the composition of our equity fund allocations changed noticeably from Q1 to Q2, several factors remained in favor by our model. The size and value factors continued to score well. This orientation towards the size and value factors first emerged towards the end of 2020, as investors began to look beyond high-flying technology companies and towards beaten-down sectors that would benefit from a post-COVID economic reopening.

In our domestic equity allocation, the size factor figured prominently. Three of our four domestic equity positions are either mid or small cap funds, with our top ranked fund being the iShares S&P Mid-Cap 400 Growth ETF (IJK). This replaced the iShares S&P Small-Cap 600 Value ETF (IJS), which moved down to our third ranked spot. As in the first quarter, value remained in favor by our model, occupying two of the four funds in our domestic equity allocation. However, in a reversal from past quarters, our model now sees merit in the growth factor, with our first and fourth ranked domestic equity funds having growth tilts. After being outperformed by value stocks on a year-to-date basis by the widest margin since 2001, our model indicates that the growth sell-off may have been overdone and there are some attractive opportunities within the space.

Internationally, our two single country positions held steady. However, there was an interesting shakeup in the regional and factor orientations of our other two positions. Occupying the top spot, the Pacer Trendpilot European Index ETF (PTEU) supplanted the WisdomTree International Multifactor Fund (DWMF). In the second position, the Schwab Fundamental International Large Company Index ETF (FNDF) replaced First Trust Developed Markets ex-US AlphaDEX Fund (FDT). Last quarter, our model favored broad regional and factor exposures. Now, there has been a shift towards more targeted exposures, with emphases on developed European equities and the value factor. This shift captures a key trend in our model that previously out-of-favor groups appear poised to benefit as vaccinations and economic re-openings gather pace.

Echoing our other regional equity allocations, the value factor held primacy within our emerging markets allocation with the Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) ranking as our top fund. As with our international allocation, there was a similar Q1 to Q2 shift from multifactor to value and broad-based to regional funds.

Thank you for following the ETF Global Dynamic Model Portfolios, you can find an overview and performance information at http://www.etfg.com/about-model-portfolios.  To learn more about our ETFG Model Portfolio strategy, please email us at sales@etfg.com or call us at (212) 223-ETFG (3834).

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.

This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ETF Global does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Tuesday, April 6, 2021

#1 Rated ETFs - ETFG Weekly Select List - 4/6/21

Tuesday, April 6, 2021 - the ETF Global Weekly ETF Select List supports users with their respective Exchange-Traded Fund selection processes. All individual product ETFG Tearsheets may be viewed via our 21 Day, Free Trial at https://www.etfg.com/signup/quick.

In the table below, we highlight those products which were #1 Ranked in this week’s Select List in their respective Category for Sector, Geographic Region and Strategy – please click on the table and individual Tearsheets are available by clicking on the respective ETF tickers:

The ETFG Weekly ETF Select List features the 5 most highly rated ETFs by Sector, Geographic Region and Strategy as ranked by the ETFG Quant model. This weekly reference guide enables you to quickly and easily identify ETFs which meet your chosen criteria.

·       Selection pool includes all U.S. listed, equity ETFs, excluding levered and inverse

·       ETFG Quant model ranks daily all relevant products

·       ETFG Quant has four primary drivers:

o   Behavioral Finance (Technical Analysis & Sentiment)

o   Fundamental Analysis

o   Global Themes

o   Quality

·       Weekly Select List selection is performed prior to trading on Mondays

ETF Global encourages users to perform a more comprehensive review of the overall ETFG Quant rankings and to utilize the additional tools and resources available at www.etfg.com to further research and diligence exchange-traded funds.

Thank you for reading 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.

This publication has been prepared for general guidance on matters of interest only and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ETF Global does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Monday, April 5, 2021

2Q 2021 - Balanced Optimism

Monday, April 5, 2021 – For all who celebrate, we wish everyone a belated Happy Passover and Happy Easter! U.S. equity markets concluded the four-day trading week posting gains as a positive outlook drove growth stocks’ momentum into 2Q 2021. Continued optimism surrounding the economic reopening coupled with an acceleration in vaccinations, now reaching 4,000,000 per day, have lifted equity outlooks. While equity markets welcome the economic spending that accompanies the Biden Administration programs, they also seem to recognize the potential tempering effects of the continuing rise in bond yields.

Economic news last week was dominated by a very strong nonfarm payroll report released on Friday, which reflected an increase of 916 000 in March, and an unemployment rate drop from 6.2% to 6.0%. For the week, the DJIA gained 80.33 points to 33,153.21, the S&P 500 rose 45.33 points to break the 4,000 mark at 4,019.87 and the Nasdaq added 341.38 points to close at 13,480.11.

ETFG Quant Movers - Those ETFs who have had the largest weekly change in their ETFG Quant Total Scores.

ETFG Weekly Quant Winners: The three biggest gainers in their ETFG Total Quant Scores were found in the Barclays Women in Leadership ETN (WIL) which gained 11.12 points to 64.29, the Invesco Preferred ETF (PGX) that picked up 7.96 points to 55.86 and the SPDR Wells Fargo Preferred Stock ETF (PSK) which added 7.65 points to an ETFG Quant Total Score of 57.29 for the week.

ETFG Weekly Quant Losers: The three biggest drops in their respective ETF Quant Total Scores were found in the Invesco Financial Preferred ETF (PGF) which dropped 12.02 points to 42.86, the First Trust Mid Cap Core AlphaDEX Fund (FNX) which lost 11.62 points to 38.55 and the iShares U.S. Medical Devices ETF (IHI) which lost 11.20 points to close the week with an ETFG Total Quant Score of 31.84.

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

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