ETF Scorecard: January 29 Edition

• Oil prices rose to $33 a barrel, which had a positive impact on U.S. stocks. This was partly due to Russia’s announcement that it is cutting production of about 500,000 barrels per day.

• The Fed did not change interest rates this week and stated its optimism about the future of the U.S. economy.

• The conference board released the latest U.S. consumer confidence figure of 98.1 this Tuesday, which surpassed the consensus of 96.6.

• Pending home sales remained flat in December.

• The U.S. manufacturing sector suffered as new orders on durable goods dropped 5.1% in December due to low oil prices and a strong dollar.

• European shares are in a downturn due to low earnings and poor bank performance.

• China’s central bank released 360 billion yuan ($54.7 billion) through reverse-repos last Tuesday in an effort to boost the economy. This has been the largest money input done by the central bank in a single day in the last three years.

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• The overall market as measured by the S&P 500 ETF (SPY A-) was slightly down by 0.35% for the week.

• The high-beta ETF (SPHB B) was the worst performer in the group with a 1.51% loss for the week.

• The low-volatility ETF (SPLV A+) was the best performer in the group with a 1.18% gain for the week.

• All major indexes were flat for the week and down for the rolling month.

• The iShares MSCI Emerging Markets Index (EEM A-) was the best performer for the week with a 1.2% gain.

• The SPDR S&P 500 ETF Trust (SPY A-) was the best performer for the rolling month with the lowest loss of 7.69%.

• The iShares Russell 2000 Index (IWM A-) was the worst performer for the week and the rolling month with a 0.95% and 12.54% loss, respectively.

• Foreign tracking ETFs had mixed results for the week.

• The best performer for the week and the rolling month was the Market Vector Russia ETF Trust (RSX B) with a gain of 7.82% and a loss of 2.41%, respectively.

• The Chinese ETF (FXI A) was the worst performer for the week and the rolling month with a 1.18% and a 15.44% loss, respectively.

• Almost all commodities are up for the week.

• The United States Oil Fund (USO B) was the best performer for the week, up 6.71%, but the worst performer for the rolling month, down 12.30%.

• The PowerShares DB Agriculture Fund (DBA A) was the worst performer for the week with a 0.74% loss.

• The Gold ETF (GLD B) was the best performer for the rolling month, up 3.96%.

• The Euro (FXE C+) was the best performer for the week with a gain of 1.19%.

• The U.S. dollar (UUP A) was down slightly for the week and is the worst performer with a 0.74% loss.

• The Japanese yen (FXY C) was the best performer for the rolling month with a gain of 1.19%.

• The worst performer for the rolling month was the British pound (FXB B), which is down by 3.62%.

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Disclosure: No positions at time of writing.