Every week, the analysts here at DWA organize and write approximately 11 feature stories focusing within the inventories of multiple ETF providers.
Every week, the analysts here at DWA organize and write approximately 11 feature stories focusing within the inventories of multiple ETF providers. These articles can be found within the weekly ETF reports we conduct for those ETF families with which we provide guided model-based solutions. The weekly reports can be accessed from the Research Menu, but as of this week we will also compile a handful of those stories, which we feel are particularly relevant. We hope that this will serve as an "in case you missed it..." sort of section, where you can quickly access timely ETF features in a comprehensive fashion each week. We will include a link to the report along with a brief abstract summarizing our discussion within the respective features. This week's compilation is below.
Feature Fund: First Trust STOXX European Select Dividend Index Fund (FDD)
Through the first part of 2017, International Equities has been the most improved asset class on a relative basis. Within the asset class, European markets have been among the most improved regions. In fact, just last week Europe Emerging overtook Latin America for the top spot in the sub-level of DALI. For perspective on this improvement within Europe, we wanted to take a look at the chart of the First Trust STOXX European Select Dividend Index Fund FDD. With action so far in 2017... (Read More)
Improvement in China: Guggenheim China All-Cap ETF (YAO)
We have continued to see strength come from International Equities, which currently ranks #2 in DALI and is the most improved asset class year-to-date, up 65 buy signals. Among those countries that are driving this improvement is China, and we can see this on the chart of the Guggenheim China All-Cap ETF YAO. With yesterday’s market action, YAO rallied to $28.50, breaking through the bearish resistance line, flipping the overall trend back to positive for the first time since July 2015... (Read More)
SSTREETGLOSECT and SSTREET Changes
The first change this week comes from the State Street Sector Model SSTREET. The SPDR S&P Metals and Mining ETF XME has been removed from the Model after reversing down into O's versus the SPX on its RS chart. This Model is designed to target exposure to the State Street sector ETFs that are demonstrating positive Relative Strength versus the S&P 500 Index SPX. Each week we monitor 31 Relative Strength charts for each ETF in the Model's universe versus... (Read More)
