ETF Scorecard – September 26th Edition

by on September 26, 2014 | ETFs Mentioned:

Major equity indexes swiftly traded lower over the past week thanks to mild profit taking pressures that led to a breach of a significant technical support level for the S&P 500 Index. As the benchmark slid below the 1,980 mark on Thursday, selling pressures accelerated and opened up the doors for the bears. Results were mixed on the economic data release front, which contributed to the downside on Wall Street; existing home sales and durable goods both fell short of analysts’ expectations while upbeat new home sales inspired a temporary rebound for domestic benchmarks [see also 10 Best Days Ever for the VIX ETN].

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

Bearish pressures and a decline in risk appetite is evidenced by the fact that High Beta stocks led the way lower, while Low Volatility ones managed to sink the least:

Major Index Review

Domestic small caps and emerging markets were hit hardest over the last week amid the profit taking frenzy:

Domestic Sector Review

Bearish pressures knocked all sectors into red territory from a weekly perspective; the only one still in the green over the past month are Consumer Staples and Health Care:

Sector Valuations

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

Foreign Equity Review

On the international front, Japanese equities are the only ones that have managed to stay in green territory over the past week: 

Regional Valuations

The Latin American region saw the biggest contraction in its valuation over the past week: 

Alternatives Review


Silver prices have taken the biggest hit on the commodity front from both a weekly and monthly perspective: 


On the currency front, the U.S. dollar remains by far the strongest performer from a weekly as well as a monthly perspective, while the Aussie dollar is the weakest performer:


*All data as of market close 9/25/2014.

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Disclosure: No positions at time of writing.