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.
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.
ALPS Equal Sector Weight ETF (SQL):
This week the ALPS Equal Sector Weight ETF EQL caught our attention. This fund seeks to own Large Capitalization equities within the 10 Select Sector SPDRs and the fund ebalances on a quarterly basis. When looking at its 0.5 per box chart, we can see a shakeout pattern began after it formed a double top at $59.50 between July and September before breaking a double bottom at $57.50 in October. The shakeout was initiated upon the reversal up into X’s following the election and was completed when EQL broke... (Read More)
First Trust International Model (FTRUSTINTL) Change:
The change to the FTRUSTINTL Model this week is the removal of the First Trust Brazil AlphaDEX Fund FBZ and, in its place, the addition of the First Trust Developed Markets Ex-US AlphaDEX Fund FDT. Although recent weakness from a relative strength standpoint has led to its removal, FBZ was able to gain 19.23% while it was a holding within the Model (6/28/2016 to 6/6/2017). The new holding, FDT, provides a strong technical picture as exhibited by its current fund score of 4.64. This score places the Fund above the average... (Read More)
PowerShares Commodity Model (POWRSHARES) Change:
It is no secret that Commodities as an asset class have struggled this year. Coming into 2017, the asset class was ranked second in DALI but has since fallen to fifth, falling below Cash last week. The sub-sector rankings have been changing too. Industrial Metals continue to rank first among the four sub-sectors while Precious Metals have risen from last to second place due to their improved relative strength and the weakness in Energy at the end of Q1. The PowerShares Commodity Model POWRSHARES seeks to own... (Read More)
