Monday, May 17, 2021

Volatilty Returns

Monday, May 17, 2021 – U.S. equity indexes jumped sharply on Friday but fell short of eclipsing the overall losses for the week as volatility reared its head in a tumultuous trading week. Growing inflation fears were balanced by investors’ mild reaction to the weaker-than-expected April retail sales report.

For the week, the Dow Jones Industrial Average lost 1.1% to 34,382, the NASDAQ Composite Index dropped 2.3% to 13,430 and the S&P 500 Index lost 1.4% to close the week at 4,174.

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 Franklin FTSE Japan ETF (FLJP) up 12.14 points to 49.51, the iShares Currency Hedged JPX-Nikkei 400 ETF (HJPX) up 10.44 points to 46.53 and the First Trust RiverFront Dynamic Asia Pacific ETF (RFAP) up 10.32 points in its ETFG Quant Total Score to 43.70.

ETFG Weekly Quant Losers: The three biggest losers in their respective ETF Quant Total Scores were the Principal Spectrum Preferred Securities Active ETF (PREF) down 11.49 points to 32,29, the Global SuperDividend US ETF (DIV) down 8.45 points to 45.48 and the iShares MSCI New Zealand ETF (ENZL) down 7.91 points to an ETFG Quant Total Score of 29.54.

Thanks for reading ETF Global Perspectives and 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.

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.