ETF Scorecard - November 20 Edition

• U.S. markets ended in the green for the week.

• All major foreign markets, including developed and emerging markets, are up for the week.

• The Core Retail Sales report released last Friday a worse-than-expected growth of 0.2% m/m vs. the consensus of 0.4%.

• The FOMC Meeting Minutes hawkish tone on Wednesday moved the market higher. This lowered investors’ uncertainty of whether a rate hike will occur, and gave them peace of mind that rates probably will rise in December as anticipated.

• The leading indicator, Philly Fed Manufacturing Index was reported better than expected yesterday (Thursday) at 1.9 vs. the consensus of 0.1. This is a great sign for the U.S. economy since a reading above 0.0 means general business conditions are improving.

• On the foreign side, notable news is that Japan has fallen into recession again.

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• U.S. equity markets have reversed this week, with all the major S&P 500 ETFs in the green.

• The overall market as measured by the S&P 500 ETF (SPY A-) was up by 2.06%.

• The high-beta (SPHB B) and low volatility (SPLV A+) ETFs are in the lead, with both up 2.68% for the week.

• The equal-weight ETF (RSP B+) was the worst performer out of the bunch, with a 2.03% gain for the week.

• All major global indexes were up this week.

• The Nasdaq 100 ETF (QQQ B) is the best performer for the week and rolling month, with a 3.27% and 4.76% gain, respectively.

• The Russell 2000 ETF (IWM A-) is the worst performer for the week, with only a 1.42% gain.

• The outlier out of the group is the Emerging Markets ETF (EEM A-) since it’s the only ETF down at a 2.85% loss for the rolling month.

• All major foreign equities are up for the week.

• This time around, the Russian ETF (RSX B) is the best performer for the week, with an 8.18% gain.

• The Brazilian ETF (EWZ A-) is the best performer for the rolling month, with a gain of 6.30%.

• The Japanese ETF (EWJ A) is the worst performer for the week, with a 1.21% gain. This is mainly because of Japan again falling into recession.

• The Indian ETF (EPI C+) remains the worst performer for the rolling month, with a 6.10% loss.

• Commodities still are in the red for the week, except Gold (GLD B) and Silver (SLV C+) with slight gains.

• All commodities are down for the rolling month. This still is due to low inflation numbers and overall low global demand for commodities.

• Copper (JJC A) is the worst performer for the week, with a loss of 4.58%.

• For the rolling month, Natural Gas (UNG B-) continues to be the worst performer, with a huge loss of 17.24%.

• The U.S. dollar (UUP A) is down slightly for the week, with a 0.04% loss. Although, it is still the best performer for the rolling month, with a 4.42% gain.

• The best performer for the week is the Australian Dollar (FXA C+) which gained 1.01%.

• The Japanese Yen (FXY C) is the worst performing currency for the week, with a loss of 0.09%.

• Most notably, the Euro (FXE C+) is down the most for the rolling month at a loss of 5.62%.

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Disclosure: No positions at time of writing.