ETF Scorecard – December 19th Edition
December 19 2014 - 9:00AM
ETFDB
Following a multi-day stretch of profit-taking on Wall Street,
the bulls returned with full force in light of soothing words
from the Federal Reserve on Wednesday of this week. Policymakers at
home inspired a great deal of confidence among investors when they
said that the Fed would remain “patient” with regards to the timing
of the first rate hike. Overseas, investors remained fixated on the
collapse of Russia’s equity market amid back-and-forth trading in
oil futures [see BioShares and Reality Share Make Their Debut,
ValueShares Launches IVAL].
To help investors keep up with markets, we present our ETF
Scorecard, which takes a step back and looks at how various asset
classes across the globe are performing. For most of the return
comparisons below, we reference trailing 1-week and trailing
1-month returns; this offers a good insight into the prevailing
sentiment in the markets by capturing the performances across
short-term and longer-term time intervals [for more ETF news and
analysis subscribe to our free newsletter].
Risk Appetite Review
The bulls returned to the market with an appetite for risk, as
evidenced by the positive returns across this entire group:
// // Major Index Review
Domestic small caps took the lead by a wide margin over the past
week while emerging markets turned in a solid rebound, although
this group is still the worst performer from a trailing
monthly perspective:
// // Domestic Sector Review
The Energy sector saw the biggest rebound over the past week,
although this corner of the market remains at the very bottom of
the barrel from a trailing monthly perspective:
// // Foreign Equity Review
On the international front, Brazil and Russia posted the biggest
losses for a third week in a row in light of continued weakness in
the energy market:
google.load('visualization', '1', {packages: ['corechart']});
function drawVisualization() { // Create and populate the data
table. var data = google.visualization.arrayToDataTable([ ['Index',
'1-Week Return', '1-Month Return'], ['Brazil (EWZ)', -1.49,
-12.24], ['Russia (RSX)', -7.9, -29.05], ['India (EPI)', -1.3,
-4.86], ['China (FXI)', 1.17, 5.3], ['Japan (EWJ)', 0.44, -0.26],
['Australia (EWA)', 0, -5.9], ['Germany (EWG)', -0.46, 1.59],
['United Kingdom (EWU)', 0.95, -2.84], ]); var formatter = new
google.visualization.NumberFormat( {suffix: "%"});
formatter.format(data,1); formatter.format(data,2); var options = {
title:"", width:700, height:400, title: "Geographic Review:
Comparing Single Countries", colors: ["green", "orange"] }; //
Create and draw the visualization. new
google.visualization.ColumnChart(document.getElementById('visualization105750')).
draw(data, options); } google.setOnLoadCallback(drawVisualization);
Alternatives Review
Commodities
Silver and oil were the biggest losers over the past week amid a
broad-based rebound on Wall Street:
// //
Currencies
On the currency front, the U.S. dollar resumed its ascent and
turned in the best performance for the week, while also retaining
its definitive lead over the past month as well:
// //
*All data as of market close 12/18/2014.
Follow me on Twitter @Sbojinov.
[For more ETF analysis, make sure to sign up for our free ETF
newsletter]
Disclosure: No positions at time of writing.
Click here to read the original article on ETFdb.com.
SPDR S&P 500 (AMEX:SPY)
Historical Stock Chart
From Aug 2024 to Sep 2024
SPDR S&P 500 (AMEX:SPY)
Historical Stock Chart
From Sep 2023 to Sep 2024