To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing.
It’s been another choppy week on Wall Street as investors turned their attention to the unfolding drama in Greece. The debt-ridden country will likely continue its bailout talks with creditors into the weekend.
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Risk Appetite Review
Greek worries pushed U.S. equities lower, with SPY and the equal weight RSP logging in a negative 5-day return. The low volatility and high beta funds did, however, manage to eke out small gains.
Major Index Review
Over the trailing month, emerging markets are still the worst performer while the Russell 2000 is the biggest winner by far. On the week, tech stocks, small caps, EAFE, and emerging-market equities logged in gains over 1%.
Foreign Equity Review
With the exception of Brazil and Russia, the other emerging market, single country ETFs rebounded once again this week. German and U.K. equities also rebounded after ending in the red last week. On the month, all of the below ETFs are down.
Agriculture prices posted the biggest gains for the week, whereas copper prices saw the biggest decline from this group.
The U.S. dollar saw bullish momentum return this week, pushing all other major currencies lower.
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Disclosure: No positions at time of writing.