ETF Scorecard – August 22nd Edition

by on August 22, 2014 | ETFs Mentioned:

Major equity indexes enjoyed another week in the green, as buyers prevailed yet again amid easing tensions surrounding Russia and Iraq. On the home front, investors enjoyed a slew of upbeat data from the housing market, while the Fed’s minutes release failed to rattle investors’ confidence like many had anticipated; the home builders’ index, housing starts, building permits, and existing home sales all came in better-than-expected throughout the course of the week [see also How the S&P 500 Reacts to Unemployment Reports]. 

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 remained in the driver’s seat following last week’s rally as evidenced by High Beta stocks remaining in the lead: 

Major Index Review

U.S. stocks led the global equity market rally this week, while developed and emerging markets trailed behind: 

Domestic Sector Review

Sector returns were green across the board this week, with Health Care and Industrials leading, while Energy lagged:

Sector Valuations

Given the broad market rally at home, all of the sectors saw their pricing multiples expand during the week:

Foreign Equity Review

On the international front, Brazil and Russia led the way higher, while China was the only country in negative territory for the week:

Regional Valuations

Regional P/Es expanded across the board this week except for the Middle East & Africa: 

Alternatives Review


Commodity returns were negative across the board this week except for copper prices: 


Currency returns were negative across the board this week except for the U.S. dollar:


*All data as of market close 8/21/2014.

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.