ETF Scorecard – October 10th Edition

by on October 10, 2014 | ETFs Mentioned:

Back-and-forth trading has been a dominant theme over the past week as selling pressures from the end of September have spilled over into October and are paving quite a volatile road for major equity indexes. The release of the Fed minutes on Wednesday served as fuel for the massive rally seen across Wall Street, and just like that profit taking pressures erased all of those gains on Thursday as the S&P 500 failed to rebound off the 1,930 level like many technicians were hoping for [see also Renaissance Launches International IPO ETF (IPOS)].

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

Selling pressures remain at the forefront, although buyers might be starting to slowly re-enter as evidenced by Low Volatility stocks clinching a small gain:

Major Index Review

Surprisingly, amid the volatility on Wall Street, Emerging Markets were the only group to post a positive return over the past week:

Domestic Sector Review

The Utilities, Staples, and Healthcare sectors were the only ones to end up in green territory over the past week:


Sector Valuations

The Materials sectors sector saw the biggest contraction in its valuation over the past week:

Foreign Equity Review

On the international front, Brazil posted the biggest gain for the week after presidential election results helped clear up some cloud of uncertainty that were plaguing the local market prior to the weekend:

Regional Valuations

Latin America saw the biggest improvement in its valuation over the past week: 

Alternatives Review


Agricultural commodities are the strongest performer across all time frames: 


On the currency front, the Japanese yen posted the biggest gain for the week, although the U.S. dollar remains the strongest performer by far from a longer-term perspective.


*All data as of market close 10/9/2014.

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Disclosure: No positions at time of writing.