ETF Scorecard – June 27th Edition

by on June 27, 2014 | ETFs Mentioned:

It was another back and forth week on the Street, as major indexes are still looking to find a meaningful direction. Revised GDP showed a contraction of 2.9% for the first quarter, but markets paid little attention to the negative surprise. As the bull run continues to drag on, more and more analysts are hopping in and trying to call the top or the next bear market, leading to a lot of noise in the media. All in all, markets are still holding up just fine, showing no signs of a major correction any time soon. 

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

There was not a whole lot of movement over the last week, but high beta easily took the cake as those who were a bit riskier with their allocations were rewarded:

Major Index Review

Though it has been a strong trailing month for most major indexes, the last week was relatively lackluster, with only the Nasdaq managing a positive performance:

Domestic Sector Review

Health care lead the way this past week while consumer staples took a big hit:

Sector Valuations

The changes in the valuations of each of the major sectors were relatively minute, though health care saw a noticeable jump from the week prior:

Foreign Equity Review

U.S. markets were not alone in their struggle to stay even over the last week, as a number of foreign nations lost ground as well:

Regional Valuations

The only notable changes for investors this past week were in emerging Europe and the Middle East/Africa regions:

Fixed-Income Review

Much like the previous weeks, yields have held stable leaving the fixed income space with relatively little to talk about:

Alternatives Review


Natural gas was the biggest straggler over the last week, while copper saw a nice jump in momentum:


The pound continues to dominate over the last month, but this past week saw things fall more favorably for the yen and emerging market currencies:

*All data as of market close 6/26/2014.

Follow me on Twitter @JaredCummans

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Disclosure: No positions at time of writing.