This Week in ETF Reports

First Trust Income Model Change
There is a change to the First Trust Income Model this week.  After moving into the model in September the First Trust Multi Asset Diversified Income ETF MDIV is being removed from the and the First Trust Dorsey Wright Momentum and Dividend ETF DDIV is being added.  DDIV is being added as the overall trend of the fund is positive and the fund has a yield of 3.08%.  With MDIV falling out of the top half of the relative strength matrix, DDIV is the highest ranking ETF that was not already in the model, so DDIV is joining Rising Dividend Achievers RDVY, Technology Dividend ETF TDIV, Large Cap Value FTA, and European Select Dividend FDD as the five holdings of the First Trust Income Model... (Read more)

Invesco: Building & Construction 
There are no changes to any of the Invesco models this week. In trading earlier this month, the Invesco Dynamic Building & Construction Portfolio PKB gave a fourth consecutive buy signal when it completed a bullish catapult at $41.50, also marking a new all-time high for the fund. PKB currently has a favorable 4.63 fund score, which is 0.95 points better than the average for all infrastructure funds. PKB tracks an index that is comprised of securities of 30 US building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines, and airports (Source: Invesco). Year-to-date (through 12/24) PKB has gained 25.86% on a price return basis, outpacing the S&P SPX which is up 14.62% over the same period... (Read more)

DWS: EMSG Highlight
There are no changes to report this week. Today, we want to bring the chart of the Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF EMSG to your attention as it currently sits at all-time highs and trades on two consecutive buy signals. As a refresher, EMSG seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Emerging Markets ESG Leaders Index. The MSCI Emerging Markets (EM) ESG Leaders Index, is a capitalization-weighted index that provides exposure to companies with high Environmental, Social, and Governance (ESG) performance relative to their sector peers. MSCI EM ESG Leaders Index consists of large and mid-cap companies across 24 Emerging Markets (EM) countries. The Index is designed for investors seeking a broad... (Read more)