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/Critical Minerals
    • 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: April 13 Edition
News
Share

ETF Scorecard: April 13 Edition

Iuri StrutaApr 13, 2018
2018-04-13

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.

  • After two weeks of weak activity due to the Easter holidays, this week was strong in data, particularly in the U.S.
  • The American job market disappointed in March, with payrolls growth coming in at 103,000, well below expectations of 175,000. On a positive note, payrolls for the previous month was revised up by 13,000 to 326,000. The unemployment rate remained steady at 4.1%, which is above consensus estimates of 4%. Meanwhile, average hourly earnings grew by 0.3% in March, compared to the previous month, and 2.7% over the same period last year. Finally, the participation rate grew to 62.9% from 62.8%.
  • U.S. producer price index (PPI) surged by 0.3% in March month-over-month and 3% compared to the same period last year, an indication there is higher inflation at the wholesale level. Core PPI growth, i.e. less food and energy, came in at 2.7%.
  • U.S. CPI, the more important figure, increased to 2.4% in March from 2.2% in April, in a clear sign inflation is picking up. Month-over-month, however, the inflation figure was more disappointing, with the CPI falling 0.1% in March.
  • U.K. manufacturing production is struggling to gain traction as there is still a great degree of uncertainty regarding the Brexit deal. Manufacturing production fell 0.2% in February after three months of tepid growth.
  • Crude oil inventories in the U.S. are still well below their level a year ago, although they rose by 3.3 million barrels for the week ended April 6. In the prior week, stockpiles dropped by 4.6 million barrels.
  • U.S. Federal Reserve’s policy minutes showed that policymakers were upbeat about the economy and saw further rate hikes ahead as they shift monetary policy from a highly accommodative stance to neutral.
  • The European Central Bank released its monetary policy accounts, revealing that policymakers are wary of trade war risks and the strength of the euro.
  • Unemployment claims dropped 9,000 to 233,000 for the week ended April 7, below consensus estimates of 242,000. The 233,000 showing is slightly higher than the four-week moving average of 230,000.

Risk Appetite Review

  • Markets have been moving sideways lately due to conflicting signals from the White House regarding a potential trade war with China.
  • Low volatility (SPLV A+) was the only faller this week, posting losses of 0.72%.
  • The riskier high beta (SPHB B-), meanwhile, was the top performer with a gain of 1.64%.
  • The broad market (SPY A) advanced 0.95%, continuing last week’s winning streak.
  • 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

Scorecard - Risk Review Chart

Major Index Review

  • Technology stocks (QQQ B+) are the best performers this week with a rise of more than 2%, as the index recovered some of the large losses experienced in previous weeks. In no small part, (QQQ B+) was helped by a rally in Facebook (FB) after CEO Mark Zuckerberg’s congressional testimony went surprisingly well. For the rolling month, however, (QQQ B+) remained the worst performer with a decline of 7.2%.
  • The S&P 500 (SPY A) was the worst performer for the past five days, rising only 0.95%.
  • For the rolling month, Europe, Australasia and Far East (EFA A) recorded the smallest losses from the pack, down 0.53%.
  • To see how these indices performed a week before last, check out ETF Scorecard: April 6 Edition.
     
Scorecard- Major Index Review Chart

Sectors Review

  • Sectors were mixed.
  • Thanks to rising oil prices, the energy sector (XLE A) was the best performer both for the week and the rolling month, up 3.62% and 2.90%, respectively.
  • As the risk-on sentiment returned to market, utilities (XLU A) were shunned by investors, with the index tumbling 2.93% during the week.
  • Financials (XLF A) had a good week, but disappointed for the rolling month amid broad market declines. (XLF A) is down 6.25% for the past 30 days.
     
Scorecard- Sectors Review Chart

Foreign Equity Review

  • Foreign equities were mixed.
  • Russia (RSX B)’s losing streak intensified this week after the U.S. imposed sanctions on some oligarchs controlling important listed companies. Even rising oil prices failed to halt outflows in the Russian stock market. (RSX B) has dropped nearly 10% in the past five days, extending monthly losses to 11.57%.
  • China (FXI A), meanwhile, was the best performer for the week, surging more than 4%, although its monthly performance remains shaky.
  • British equities (EWU A-) were the only gainers for the rolling month, rising 3.45%.
  • To find out more about ETFs exposed to particular countries, check our ETF Country Exposure tool. Select a particular country from a world map and get a list of all ETFs tracking your pick.
     
Scorecard - Foreign Review Chart

Commodities Review

  • Commodities were mixed.
  • After taking a plunge last week, oil (USO B) came back in force, advancing 5.62% in the past five days due to a worsening crisis in Syria, potentially threatening supplies. As a result of the strong gains, (USO B) is also the best performer for the rolling month, surging 9.83%.
  • Natural gas (UNG B-) fell the most from the commodity pack both for the week and the rolling month, down 0.45% and 4.64%, respectively.
  • Use our Head-to-Head Comparison tool to compare two ETFs such as (UNG B-) and (USO B) on a variety of criteria such as performance, AUM, trading volume and expenses.
     
Scorecard - Commodities Review Chart

Currency Review

  • Currency volatility was rather muted amid an increase in swings in other financial markets.
  • The U.S. dollar (UUP B) was the worst performer for the week, falling 0.38%.
  • The British pound (FXB B), meanwhile, was the best performer for the week and the rolling month, posting solid gains of 1.16% and 1.93%, respectively.
  • The Australian dollar (FXA B+) is the worst performer for the rolling month, down 1.57%.
     
Scorecard- Currency Review Chart

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

Feb 06

China Has “The Tailwinds For Cyclical Recovery”

Feb 06

SPY Is a Vital Part of the ETF Industry

Feb 06

Venkataraman: Bond Rate Risk Has Subsided

Feb 06

Want Higher Income? Consider Core Exposures With NEOS

Feb 06

Finance’s Big Thinkers on Institutional Failure

Feb 06

Hoffstein and Buck Discuss the Cockroach Portfolio

Feb 06

NUSI Offered Noteworthy Volatility Reduction Last Year

Feb 06

Calamos Investments Launches Sustainable Equities ETF

Feb 06

Volunteers & Surfrider Keep Miami Beach Clean

Feb 06

Astronomy, How to Identify ETF Rising Stars

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