ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Direct Indexing
    • Disruptive Technology
    • Energy Infrastructure
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Financial Literacy
    • Fixed Income
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Modern Alpha
    • Night Effect
    • Portfolio Strategies
    • Responsible Investing
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • 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
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • 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
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ETF Scorecard: August 19 Edition
News
Share

ETF Scorecard: August 19 Edition

Iuri StrutaAug 19, 2016
2016-08-19

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’s Thursday close.

  • Markets have continued their upward trajectory this week.
  • Japan’s GDP stumbled in the second quarter, rising just 0.2% on an annualized basis compared to 1.9% in the previous quarter, raising concerns about the effectiveness of the government’s stimulus measures. More stimulus could follow.
  • In the U.K., inflation is continuing to rise on the back of a weaker pound following the Brexit vote: the CPI rose to 0.6% in July from 0.5% in June and 0.4% in May.
  • U.K.’s employment data showed positive signs, despite expectations of a deterioration of the jobs market. In July, the number of people claiming unemployment benefits fell by 8,600, against forecasts of a 5,200 rise.
  • German ZEW economic sentiment climbed back from negative territory in July, to 0.5, indicating slight optimism in the market, while overall EU sentiment stood at 4.6, up from -14.7 previously.
  • In the U.S., consumer inflation remained unchanged in July at 1.6%, despite signs of accelerating economic activity.
  • The Federal Reserve’s minutes showed policymakers were divided on when to increase interest rates again, with some favoring an imminent hike, while others suggested more data was needed before making a decision. For now, doves are winning.
  • Unemployment claims in the U.S. stood at 262,000 versus expectations of 265,000, further confirming a bright labor market picture.
  • Philly Fed manufacturing index was in expansion mode in July, with a reading of 2.0, in line with analysts’ expectations.

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

Risk Appetite Review

  • The broad market (SPY A) has risen 0.26% this week, as market optimism seems unwavering.
  • Low Volatility ETF (SPLV A+) is down 0.28% since last Thursday.
  • The high beta ETF (SPHB B-) has jumped 2.46% in the past week, confirming a risk-on environment, despite weak fundamental data.

Content continues below advertisement

Major Index Review

  • All major indexes are up this week.
  • This week, iShares Russell 2000 Index (IWM A-) has posted the best performance, rising 0.91%.
  • Emerging markets (EEM A-) have fared best for the rolling month, advancing 5.94% on the back of recovering oil prices and expectations the Federal Reserve will not raise interest rates anytime soon.
  • Dow Jones (DIA B+) is the worst performer for the week and the rolling month, up 0.11% and 0.72%, respectively, as other riskier asset classes were favored by investors. Dow Jones reached new all-time highs this week.

Foreign Equity Review

  • Foreign ETFs were mixed for the week.
  • The Chinese equities (FXI A) have bested every other asset this week, with a 2.09% rise on market optimism about the approval of a trading connect between mainland China’s Shenzen bourse and Hong Kong’s stock exchange.
  • Brazil (EWZ A-) is the worst performer this week, with a fall of 0.69%, after weeks of outperformance. This week, the market was in correction mode.
  • Germany (EWG B) is the best performer for the rolling month, with a 9.37% gain.
  • For the rolling month, Russia’s stock markets (RSX B) have fared worse, rising just 2.67%, as the renewal of tensions in Eastern Ukraine prompted fears the country could face a new round of sanctions from its Western allies.

Commodities Review

  • Commodities were all up, with two exceptions.
  • Oil (USO B) has had a stellar performance this week, soaring as much as 9.71%, which makes it the best performer for the week and the rolling month. U.S. stockpiles unexpectedly dropped by 2.5 million barrels this week, while optimism about a possible deal between Russia and Saudi Arabia on freezing oil output further boosted crude. For the rolling month, oil is up 4.73%.
  • Silver (SLV B-) has been the worst performer this week, dropping 1.98%, after weeks of recording exceptional gains. The metal started to suffer on the back of a risk-on approach in the market.
  • Copper (JJC A) has fallen 4.14% for the rolling month, representing the worst performance of the bunch, as a supply glut is unlikely to abate anytime soon.

Currency Review

  • Currencies were mixed for the week.
  • The Euro (FXE A) has risen the most this week, by 1.48%.
  • The U.S. dollar (UUP B) has posted the worst performance for the week and the rolling month, dropping 1.38% and 2.99%, respectively.
  • The Japanese yen (FXY C) is the best performer for the rolling month, up 6.48%, as the latest disappointing GDP data prompted bets authorities will take further steps to stimulate a stagnating economy.

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

May 26

Main Management Market Note: May 26, 2023

May 26

Family Offices Embrace Crypto, While Needing Support

May 26

ETF Issuer League: Avantis, Summit Up, Global X

May 26

Active ETFs Positioned Better for Opportunities in High-Yield Bonds

May 26

Insurers Own Major Stakes in Fixed Income ETFs

May 26

Cash Flow Kings at Home With These ETFs

May 26

Counter U.S. Default Risk With Foreign Equity ETF AVDE

May 26

Vangaurd's EM Bond ETF Surprises With Fixed Income Protection

May 26

The Economy Matters: PCE, GDP, Durable Goods & Employment Numbers

May 26

SPYI Captures Huge Single Day Nvidia Pop, Enhances Income

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

BOTZ

Global X Robotics &...

VGT

Vanguard Information...

VOO

Vanguard S&P 500 ETF

SMH

VanEck Semiconductor ETF

XLK

Technology Select Sector SPDR...

VTI

Vanguard Total Stock Market...

IYW

iShares U.S. Technology ETF

SOXX

iShares Semiconductor ETF


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

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