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
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold & Silver Investing
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • 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
    • 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 Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ETF Scorecard: June 30 Edition
News
Share

ETF Scorecard: June 30 Edition

Iuri StrutaJun 30, 2017
2017-06-30

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.

  • The European Central Bank President Mario Draghi took the markets by surprise after signaling in a speech that stimulus tapering may come sooner than markets had anticipated. He said the European economy was growing at a decent pace and the threat of deflation subsided. In addition, he noted that negative factors influencing inflation, such as low fuel prices, were “mainly temporary.”
  • The U.S. housing sector is improving, with new home sales rising by nearly 3% to 610,000 in May. On top of that, the April figure was revised up by 24,000.
  • In the U.S., new durable goods orders dropped 1.1% in May compared to April. Compared to last year, however, orders were up 2.7%. A fall in aircraft sales had a negative impact on the report. Orders minus transportation were up 0.1% month-over-month and 5.5% year-over-year.
  • U.S. consumer confidence was strong in June, with the index rising to 118.9 from 117.9 last month. Analysts had predicted a deterioration, with consensus estimates standing at 116.7.
  • Pending home sales dropped 0.8% in May, representing the third consecutive monthly fall. Analysts had expected a 0.5% advance.
  • Crude oil inventories rose tepidly in the June 23 week by around 0.12 million barrels. The figure took analysts by surprise given their forecasts of a 2.6 million drop.
  • U.S. GDP grew by 1.4% in the first quarter, upgraded from previous estimates of 1.2%. Although the figure is still weak, it surprised analysts, who expected no change.
  • The U.S. jobs market continues to be stable, with unemployment claims coming in at 244,000 for the week ended June 24. The report also comes with a small upward revision for the previous week.

Risk Appetite Review

  • Except for the riskier assets, the markets were all down this week.
  • The broad market (SPY A) fell 0.64%.
  • High Beta (SPHB B-) was the best performer with a gain of 1.22%; last week, it largely disappointed.
  • Low Volatility (SPLV A+) was the worst performer, falling 1.26%.
  • Sign up for ETFdb.com Pro and get access to real-time ratings on over 1,900 U.S.-listed ETFs.

Content continues below advertisement

Major Index Review

  • Global equities were mixed.
  • The technology sector (QQQ B+) has been the most volatile asset of late. After an impressive performance in the prior week, (QQQ B+) slumped more than 2% over the past five days, as investors started to bet that central banks across the developed world will start to tighten monetary policies. Growth sectors, such as technology, are usually suffering in such times. The tech sector is also the worst performer for the rolling month, down 2.51%.
  • Small-cap stocks (IWM A-) ruled the week, posting an advance of 0.71%. (IWM A-) is by far the best monthly performer, posting strong gains of nearly 3%.
  • To see how these indices performed last week, read ETF Scorecard: June 23 Edition.

Sectors Review

  • All sectors were down this week, with the exception of financials and energy.
  • The financial sector (XLF A) posted strong gains of 2.53% this week on rising bets that central banks around the world will start raising interest rates. European Central Bank’s President Mario Draghi provided hints that tapering of stimulus could start earlier than expected. Banks and other financial outfits stand to gain from rising interest rates. For the rolling month, financials rose 4.89%, sharing the first spot with the healthcare sector (XLV A).
  • With a drop of 2.55%, utilities (XLU A) are the worst weekly performers, as investors sold off the industry and flocked to energy equities and financials.
  • The tech sector (XLK A) is the worst performer for the rolling month, down 2.89%.

Foreign Equity Review

  • Foreign equities largely experienced losses this week due to fears that interest rates will rise at a faster pace than anticipated.
  • Brazil (EWZ A-) was the best performer in a bad week for most countries. (EWZ A-) has risen 2.11% over the past five days, despite the fact that a corruption scandal involving President Michel Temer worsened. Brazil’s top prosecutor pressed charges against Temer sooner than many expected.
  • Japan (EWJ A) was the single monthly gainer with a tepid advance of 0.43%.
  • India (EPI C+) has lost 1.78% over the past five days, after being the best performer last week.
  • Russian stocks (RSX B) were again the worst monthly performers, although this time, equities were down only 6.82% compared to more than 10% drop the previous week.
  • To find out more about ETFs exposed to particular countries, use our ETF Country Exposure tool. Select a particular country from a world map and get a list of all ETFs tracking your pick.

Commodities Review

  • With the exception of precious metals, commodities had a good week.
  • Oil (USO B) was the best performer for the past five days, followed by natural gas (UNG B-). (USO B) advanced 4.66% on better-than-expected storage levels in the U.S. However, oil remains the worst performer for the rolling month, down a staggering 9.44%.
  • Copper (JJC A) continued its strong recovery this week, becoming the best performer for the rolling month with a solid gain of 5.28%.
  • Gold (GLD A-) posted the worst performance this week, falling 1.11%, as investors’ appetite for risk increased, thanks to signs of an improving global economy.
  • Use our Head-to-Head Comparison tool to compare two ETFs such as (USO B) and (JJC A) on a variety of criteria such as performance, AUM, trading volume and expenses.

Currency Review

  • Currencies posted mixed results.
  • The European single currency (FXE A) was undoubtedly the best weekly performer, with an impressive gain of 2.31%. The euro’s performance came after the ECB President suggested that the bank may start tapering sooner than expected.
  • The U.S. dollar (UUP B), on the other hand, was beaten up, dropping 1.87%. The greenback is also the worst performer for the rolling month, down 1.79%.
  • The Australian dollar (FXA B+) has surged the most over the past 30 days, beating the euro’s performance. (FXA B+) has jumped 3.13%.

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

Jan 31

A Recap of the Night Effect in January

Jan 31

E-Commerce Spending Exceeds $1 Trillion in 2022

Jan 31

Vanguard: Fixed Income Seeing Strong Flows

Jan 31

Confluence Asset Allocation Quarterly Q1 2023

Jan 31

Embrace a “Dividend Decade” in a Quality Dividend ETF

Jan 31

ETF Prime: Disruptive Tech and International Stocks

Jan 31

Emerging Markets Ex China ETF Launched by Strive

Jan 31

QINT Catches Eyes With Quality International Equities

Jan 31

Investors Look to Equal-Weight and Quality Factors

Jan 31

Bonds Facing a Better Year: Capture With BNDI

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

SMH

VanEck Semiconductor ETF

XLK

Technology Select Sector SPDR...

VTI

Vanguard Total Stock Market...

SOXX

iShares Semiconductor ETF

BLOK

Amplify Transformational Data...

META

Roundhill Ball Metaverse ETF


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
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
  • © 2023 VettaFi LLC. All rights reserved.
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