Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • Entrepreneur ETF
    • Equity ETF
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Future ETFs
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Modern Alpha
    • Multi-Asset
    • Multi-Factor
    • Nasdaq Investment Intelligence
    • Portfolio Strategies
    • Retirement Income
    • Smart Beta
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Videos & Podcasts
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ETF Scorecard: April 8 Edition
News
Share

ETF Scorecard: April 8 Edition

Kiril NikolaevApr 08, 2016
2016-04-08

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. The weekly performance is from last Friday’s open to this week Thursday’s close.

  • U.S. markets are flat for the week.
  • Most major foreign markets, including developed and emerging markets, are down for the week.
  • The ISM nonmanufacturing PMI showed improvement; on Tuesday, the figure came in at 54.5 compared to the expected 54.1.
  • There has been quite a bit of oil news recently. Crude oil is up this week for several reasons: crude oil inventories decreased (-4.9 million vs. the expected 3.1 million); there is an increased projection for oil demand in the U.S. and Germany; during the OPEC and non-OPEC meeting on April 17 an agreement to freeze production is expected; and Russia’s oil production is expected to decrease in April.
  • The FOMC meeting minutes released on Wednesday signaled that global growth is slowing down and that the Fed will be very cautious with rate increases this year. A rate hike before June is now very unlikely.
  • BoJ Governor Kuroda spoke on Wednesday, signaling that the BoJ will keep its QE and negative interest rates for as long as necessary in order to bring inflation back up to the 2% mark. Kuroda also stated that that the BoJ will take additional monetary policy easing steps if needed.

For more ETF news and analysis, subscribe to our free newsletter.

Risk Appetite Review

  • The overall market as measured by the S&P 500 ETF (SPY A) was slightly down at a 0.20% decrease. It also happens to be the best performer for the week.
  • The high-beta ETF (SPHB B-) is the worst performer, down 1.27%.

Content continues below advertisement

Major Index Review

  • Major indexes are mixed for the week.
  • The emerging-markets ETF (EEM A-) is the outlier in the group, with a loss of 2.12% over the last week.
  • The best performer for the week and rolling month is the PowerShares QQQ ETF (QQQ A-), up 0.46% and 3.77%, respectively. The artificial intelligence Emma has given insight on this ETF in her article, Artificial Intelligence Analyzes QQQ.
  • The iShares MSCI EAFE Index ETF (EFA A) is the worst performer for the rolling month with a decrease of 0.68%.

Foreign Equity Review

  • Most foreign markets are down for the week except Russia (RSX B+), which is up 0.69%.
  • Russia (RSX B+) is also the best performer for the rolling month with a 2.10% gain.
  • Brazil (EWZ B+) is the worst performer for the week with a decrease of 3.89%.
  • The worst performer for the rolling month is Japan (EWJ A), which is down 3%.

Commodities Review

  • Commodities are showing mixed performance for the week and rolling month.
  • Copper (JJC A) is in a down trend and is the worst performer for the week and rolling month with a loss of 4.80% and 9.64%, respectively.
  • Natural gas (UNG B-) is the best performer for the week and rolling month with gains of 3.47% and 15.91%, respectively.

Currency Review

  • The U.S. dollar (UUP A) is down slightly for the week with a loss of 0.28%. It’s the worst performer for the rolling month as well with a 3.24% loss.
  • The Japanese yen (FXY C+) is by far the best performer for the week and rolling month with gains of 3.41% and 4.64%, respectively. As mentioned in our weekly trends article, if the yen’s strength persists, Kuroda will be constrained to ease monetary policy further by expanding QE, lowering deposit rates, or both.
  • The worst performer for the week is the Australian dollar (FXA A-), which is down 1.60%. This is due to disappointing retail sales that were stagnant month over month with null growth compared to the expected 0.4% increase. Furthermore, on Monday, Australia’s trade balance came in worse than expected at -3.41 billion vs. the expected -2.55 billion.

For more ETF analysis, make sure to sign up for our free ETF newsletter.

Disclosure: No positions at time of writing.

» Popular Pages

  • Tickers
  • Articles

Jun 24

As Inflation Rises, Try Equal Weighting Equity Holdings

Jun 24

Cybersecurity Investments Could be an Opportunity

Jun 24

Diversifying During Rate Hikes With a Real Estate ETF

Jun 24

Don't Ever Bet Against the S&P 500

Jun 24

Have We Reached Rock Bottom?

Jun 24

Coinbase Poised to Launch Derivatives Product

Jun 24

Any Time is the Right Time to Begin Investing

Jun 24

American Century’s Sandra Testani

Jun 24

Exxon Demands Higher Carbon Tax: This Fund Benefits

Jun 24

Gender Matters When it Comes to Retirement Planning

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

ARKK

ARK Innovation ETF

VTI

Vanguard Total Stock Market...

XLE

Energy Select Sector SPDR...

VYM

Vanguard High Dividend Yield...

IVV

iShares Core S&P 500 ETF

SCHD

Schwab US Dividend Equity ETF...

XLK

Technology Select Sector SPDR...


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
  • Mission Statement
  • Press
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © ETF Flows LLC
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X