ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook Channel
  • 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: October 12 Edition
News
Share

ETF Scorecard: October 12 Edition

Iuri StrutaOct 12, 2018
2018-10-12

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 global stock markets are selling off, with analysts blaming rising Treasury yields and interest rates. President Donald Trump said the Federal Reserve was culpable for the sell-off, going as far as to call the Fed policymakers “crazy.” The ten-year Treasury yields have been rising incessantly since the beginning of the month, from 3.08% on October 1 to as much as 3.23% on October 5. Now, the yields have given up some ground and sport a yield of 3.18%.
  • The U.S. unemployment rate dropped from 3.9% to 3.7% in September, hitting the lowest level since December 1969. However, non-farm payrolls rose just by 134,000, below expectations of 185,000. For the prior month, the number of payrolls was revised up to 270,000. Average hourly earnings increased 2.8% from the same period last year, in line with estimates.
  • U.K. manufacturing production contracted by 0.2% in August versus growth of 0.1% expected by pundits, in a further deterioration of the picture. Year-over-year, production grew by 1.3%, above forecasts of 1.1%.
  • As the sell-off in equity markets deepens as a result of rising rates, inflation is stagnating, giving the Fed reasons to be optimistic the rout is temporary. The Consumer Price Index (CPI) rose 0.1% in September compared to 0.2% expected. The CPI is up 2.3% year-over-year, down from 2.7% in August. Core inflation increased 2.2% in September.
  • U.S. unemployment claims came in at 214,000 for the week ended October 6, 7,000 more than expected by analysts. Still, claims are hovering around historic lows.
  • Crude oil inventories advanced for the third consecutive week in the U.S. After gaining 8 million barrels in the prior week, stockpiles advanced 6 million for the seven-day period ended October 5.

Risk Appetite Review

  • Markets sold off this week.
  • Risk assets (SPHB B+) posted the worst performance, tumbling more than 8%.
  • Low volatility (SPLV A+) were the best performers, with a drop of 3.8%.
  • The broad market (SPY A) lost as much as 6%.
  • 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

Risk Appetite Review

Major Index Review

  • Major indexes were all down.
  • Technology equities (QQQ B+) suffered the most from the negative sentiment toward equities, declining a little over 7%.
  • The European and Australasian equities (EFA A) fell just 4.55%, as the sell-off was an exogenous event. (EFA A) is also the best performer for the rolling month, down just 2.87%.
  • Russell 2000, the small-cap index, (IWM A-) plunged nearly 10% for the rolling month, representing the worst performance.
  • To see how these indices performed a week before last, check out ETF Scorecard: October 5 Edition.
Major Index Review

Sectors Review

  • The telecom sector (XTL A) suffered the most pain, losing more than 8% for the past five days and nearly 10% for the rolling month. Given the sell-off, investors were put off by telecom companies’ high indebtedness and the upcoming capital expenditures for the 5G spectrum.
  • Utilities (XLU A), acting as a safe haven, were the only gainers from the pack this week, up 0.51%.
  • Thanks to gains registered in previous weeks, the energy sector (XLE A) is up slightly for the rolling month and is the best performer.
  • Use our Head-to-Head Comparison tool to compare two ETFs such as (XTL A) and (XLE A) on a variety of criteria such as performance, AUM, trading volume and expenses.
Sectors Review Image

Foreign Equity Review

  • Brazil (EWZ A-) is again the best performer this week as it was largely insulated from the global sell-off. Investors cheered the results of the presidential elections. Far-right candidate Jair Bolsonaro is poised to win the presidency, and the market appreciated his move to appoint a respected financier to develop his economic policy. Brazil is also the best performer for the rolling month, up as much as 20.49%.
  • Germany (EWG B) is the worst performer this week, as the Eurozone is facing an internal crisis after Italy signaled it would not obey budget rules. (EWG B) dropped 4.92%.
  • India (EPI C+) is the worst monthly performer with a drop of 13.45%.
  • 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.
Foreign Equity Review

Commodities Review

  • Commodities were mixed.
  • Unsurprisingly, gold (GLD A-) was the best performer with a rise of 1.73%, as investors flew to safe-haven assets.
  • Meanwhile, oil (USO B) dropped as much as 5% this week, due to faltering demand in the U.S. and rising inventory levels.
  • For the rolling month, the Agricultural fund (DBA A) recorded the weakest performance, rising just 0.87%.
  • Natural gas (UNG B-) remains the best performer for the past 30 days by far, up nearly 16%.
Commodities Review Image

Currency Review

  • The U.S. dollar (UUP A-) was the single faller this week, despite rising Treasury yields, which typically attract foreign investors to dollar-denominated assets.
  • The Japanese yen (FXY C), meanwhile, benefited from its safe-haven status, surging 1.63% for the week. However, that was not enough to bring the yen’s monthly performance into positive territory. The yen is the only faller for the past 30 days, down 0.61%.
  • Emerging market currencies (CEW A) are up 2.38% for the rolling month, partly bolstered by the strong performance of the Brazilian real.
  • For more ETF news and analysis, subscribe to our free newsletter.
Currency Review Image

Disclosure: No positions at time of writing.

» Popular Pages

  • Tickers
  • Articles

Dec 06

Increased Correlations an Ongoing Threat to Traditional Portfolios

Dec 06

EU ETS Could Rally on Improving Macroeconomic Factors

Dec 06

READ: ETF of the Week: Know What's Under The Hood

Dec 06

Move Confidently Into 2024 With NEOS ETFs

Dec 06

4 Active REIT ETFs for 2024

Dec 06

CIO Thoughts: Don't Wait Too Long

Dec 06

Polycrisis: From Diagnosis to Action

Dec 06

The S&P 500, Dow and Nasdaq Since Their 2000 Highs - December

Dec 06

Active Small-Cap ETF TMSL Sees Strong Returns

Dec 06

Bull vs. Bear: ESG ETFs, the Post-Hype Sleeper?

QQQ

Invesco QQQ Trust Series I

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

IVV

iShares Core S&P 500 ETF

VGT

Vanguard Information...

SCHD

Schwab US Dividend Equity ETF...

GLD

SPDR Gold Shares

XLK

Technology Select Sector SPDR...

SMH

VanEck Semiconductor ETF

VUG

Vanguard Growth 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