This Week in ETF Reports

POWRSHARES Change
There is a change to the Invesco Commodity Model POWRSHARES this week: buy the Invesco DB Base Metals Fund DBB and sell the Invesco DB Energy Fund DBE. DBE was removed because its rank in the model’s relative strength matrix fell below the threshold to remain a holding in the portfolio. In place of DBE, the model added DBB as it was the highest-ranking fund in the matrix that was not already a holding in the model. This is the second change to the model this year... (Read more)

First Trust: Q1 Overview
And just like that, the first quarter of 2021 is in the books. With that said, we wanted to take this time to review the performance and activity of the First Trust ETF Models over the last quarter. First Trust Focus 5 Model FTRUST5: The equity market finished the first quarter on a positive note with the S&P 500 SPX rallying nearly 6% while the First Trust Focus 5 Model was up nearly 10% for the quarter. We have seen some notable rotation occurring among the sector rankings recently, which has caused some changes to the Focus 5 Model this year.  Earlier in the year (January)... (Read more)

KraneShares: Quarterly Performance Review 
This week will cover our quarterly review for the KraneShares Dynamic China Rotation Model after the first three months of 2021. The model posted a return of -1.83% in the first quarter, underperforming the benchmark FXI.TR, which gained 0.50%. However, the mode continues to outpace the benchmark over a trailing 12-month timeframe, at a gain of 55.41% compared to 27.21%. There were two changes to the model in the first three months of the year, with the KraneShares CSI China Internet ETF KWEB being purchased on January 11 and then sold on March 29. The model begins Q2 with six of the equity-focused funds included as model holdings... (Read more)