Megaphone icon ETF Database is now VettaFi. Read More >
ETFdb Logo
ETFdb Logo
  • 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
  • Database
  • 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
    • ETFs Future-Forward 2021: An iShares Investing Symposium
    • Three Themes for 2021: An iShares & MSCI Investing Symposium
  • 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: November 16 Edition
News
Share

ETF Scorecard: November 16 Edition

Iuri StrutaNov 16, 2018
2018-11-16

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.

  • A Brexit deal has been reached but the mood in the U.K. does not seem celebratory. Although the Cabinet of Prime Minister Theresa May gave a green light to the agreement, it may have trouble passing through the Parliament. Under the accord, Britain will maintain close ties with the European Union until a different solution to the Irish border is found.
  • As the drama around Brexit is getting intense, the U.K. economy is showing signs of improvement. For the three months ended September, GDP grew by 0.6% thanks to high consumer spending due to warm weather. However, the growth rate may not be sustainable and is likely to fall over the next quarters.
  • Meanwhile, Germany’s economy switched to contraction mode. The GDP in Europe’s largest economy fell 0.2% in the September quarter, disappointing analysts who expected a drop of 0.1%. The Economy Ministry sounded an upbeat tone, saying Germany will reverse to growth over the next quarters as global trade disputes and problems in the auto industry dissipate.
  • While GDP was on an upswing in the U.K., inflation is staying still. Consumer prices ion the island grew by 2.4% in October compared to the same period last year, unchanged compared to the prior month. Analysts had expected a rise to 2.5%.
  • In the U.S., inflation increased to 2.5% in October, a solid advance compared to the 2.3% figure for the month prior. Core inflation was also above the Federal Reserve’s target of 2% at 2.1%.
  • U.S. retail sales leapt as much as 0.8% in October, largely due to strong sales of gas and autos, after two months of slight drops.
  • U.S. core retail sales, which exclude cars, rose 0.7%, the highest advance since June.
  • Crude oil inventories have posted the biggest surge since February 2017. Oil stockpiles in the U.S. increased by 10.3 million barrels for the week ended November 9, against forecasts for growth of 2.9 million. In the prior week, stockpiles rose by 5.8 million barrels.

Risk Appetite Review

  • After a few good weeks, markets resumed their declines.
  • The broad market (SPY A) dropped as much as 2.15% this week, the second-worst performer after risky assets (SPHB B-) that shed 2.85%.
  • Meanwhile, low volatility stocks (SPLV A) were the least hit with a drop of 0.12%.

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

  • Dow Jones (DIA A-) was the only index that fell more than 3% this week. Still, gains recorded in the previous months were enough for (DIA A-) to become the second-best monthly performer, with a loss of just 0.55%.
  • Emerging markets (EEM A-) were the only gainers both for the week and the rolling month, up 2.23% and 1.14%, respectively. The index was largely boosted by a recovering Chinese stock market, although global trade issues are still a concern.
  • Technology stocks (QQQ A-) are the worst performers for the rolling month, down 3.41%.

To see how these indices performed a week before last, check out ETF Scorecard: November 9 Edition.

Major Index Review

Sectors Review

  • The real estate sector (XLRE ) was surprisingly the best performer for the week and the rolling month. (XLRE ) declined 0.12% for the week but was up as much as 6.28% this month.
  • The telecom sector (XTL A) tumbled 4.5% in the past five days through Thursday, erasing all gains for the rolling month.
  • The energy sector (XLE A) lost 8.5% for the rolling month, in no small part due to rapidly declining oil prices.

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

  • Chinese stocks (FXI A-) were by far the best performers for the week and the rolling month, advancing 3.23% and 4.08%, respectively. The country’s stocks rebounded, as trade war fears took a back seat.
  • British stocks (EWU A-) werare the worst performers, as investors fear the agreed Brexit deal will not muster with the Parliament. (EWU A-) posted declines of 1.7% this week.
  • For the rolling month, Japan (EWJ A) continues to be the worst performer, falling as much as 4.36%.

To find out more about ETFs exposed to particular countries, use check 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 all down with one exception.
  • Oil’s bad streak continued into this week, with the black commodity (USO A) dropping 5.3% as the U.S. reported the biggest weekly buildup in inventories since February last year. (USO A) is the worst performer for the rolling month as well, with a decline of 20.61%.
  • At the other end of the spectrum is natural gas (UNG B-), which advanced 6.53% and 18.79% for the week and the rolling month, respectively, as inventories are hovering around a 15-year low. As the winter season approaches, demand is expected to increase further.
Commodities Review Image

Currency Review

  • The European shared currency (FXE A) declined 2.17% for the week, as inflation is cooling off and the economy is slowing down. The contraction in the German quarterly GDP boosted bets that the European Central Bank will keep its accommodative monetary policy for longer.
  • The spot of the top performer for the week is shared by the Australian dollar (FXA A-) and emerging market currencies (CEW A), both up 0.44%.
  • The U.S. dollar (UUP A) is the best performer for the rolling month, leaping 2.74%.
  • As expected, the British pound (FXB A-) is the worst monthly performer, declining 3.34%.
Currency Review Image

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

Disclosure: No positions at time of writing.

» Popular Pages

  • Tickers
  • Articles

May 26

Invest in Research as COVID-19 Heart Impacts Increase

May 26

This ETF Gives Exposure to the Next Gen Nasdaq Leaders

May 26

Innovator Offers Upside With a Floor on Downside Risk

May 26

A Guide to the Advantages, Tradeoffs, and Risks of TIPS

May 26

Pacer’s Cash Cows Milk $6 Billion From Its Investors

May 26

SATO and BLKC Impacted as Bitcoin Miners Rebound

May 26

There's More to Crypto than Just Currency

May 26

Sentiment for Bonds Could Improve: An ETF to Consider

May 26

BondBloxx Launches 3 High Yield Corporate Bond ETFs

May 26

ARK’s Cathie Wood: Now’s Not the Time to Bet Against Disruptive Innovation

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

ARKK

ARK Innovation ETF

VTI

Vanguard Total Stock Market...

XLE

Energy Select Sector SPDR...

WEAT

Teucrium Wheat Fund

DBA

Invesco DB Agriculture Fund

TQQQ

ProShares UltraPro QQQ


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?

Equity ETF Channel

Retirement Portfolio Redux: Is the 60%-40% Portfolio Dead?

Debbie CarlsonOct 22, 2020
2020-10-22

With the 10-year U.S. Treasury yield hovering below 1% and Federal Reserve Chairman Jerome Powell...

Equity ETF Channel

Portfolio Diversification Isn't Dead, It Was Just Sleeping

Debbie CarlsonOct 15, 2020
2020-10-15

Investors could be forgiven to think there was no reason to invest outside of the U.S. for the...

}
X