ETF Scorecard – July 11th Edition

by on July 11, 2014 | ETFs Mentioned:

Bearish pressures swept over Wall Street this past week as the bulls had to step aside after European debt woes resurfaced and rattled investors’ confidence in the already anemic recovery taking place in the overseas currency bloc. Sell orders swarmed European markets and spilled over onto the home front after Portugal’s largest publicly traded bank, Banco Espirito Santo, said that it had missed payments on some of its debt, serving as a rude reminder of the region’s financially-fragile state.

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

Investors broadly scaled back on their risk appetites as evidenced by High Beta stocks posting the biggest losses, while the Low Volatility group held its ground best:

Major Index Review

Selling pressures have been mounting on Wall Street as evidenced by negative weekly performances and deteriorating monthly returns from the past week:

Domestic Sector Review

Defensive names led the way this week with positive returns, with Utilities posting the biggest gain followed by Consumer Staples:

Sector Valuations

Valuation changes were mixed over the past week thanks to choppy trading prior to the holiday weekend coupled with earnings season kicking off this week:

Foreign Equity Review

Despite suffering a humiliating defeat against Germany in the World Cup, Brazil managed to turn in the only positive performance over the trailing five sessions:

Regional Valuations

There were no notable changes in regional valuations over the past week:

Fixed-Income Review

Bond yields inched lower as investors fled to fixed income securities after selling pressures swarmed the equity market in the second half of the week:

Alternatives Review


Natural gas was the biggest loser again on the week, while precious metals managed to inch slightly higher amid selling pressures in the equity market: 


Volatility in the currency market was fairly subdued and the Japanese yen posted the biggest gains while the U.S. dollar and British pound both slipped into red territory: 

*All data as of market close 7/10/2014.

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Disclosure: No positions at time of writing.