There were no changes to the suite of DWS models this week, so we’ll look at the Xtrackers MSCI EAFE Hedged Equity ETF (DBEF). International equities still hold solid technical readings, especially developed markets, despite domestic equities being in the driver’s seat for the last few months. DBEF has pushed higher in August to mark its second consecutive buy signal and reach a new all-time high. The fund also trades in a positive trend, has nearby support at $43 and $43.50, and is trading in actionable territory. With DBEF’s currency hedge, volatility due to currency fluctuations is reduced greatly as shown by the fund’s 0.76 rRisk. Along with lower volatility, DBEF also offers a yield of 3.86%.

The table below is a review of important technical data on a select group of DWS Xtrackers ETFs. Significant changes within the past week are highlighted in Green if positive or Red if negative. This portfolio is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.

The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

* - Dates prior to 9/6/2016, which is when the Xtrackers Global Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers All World Ex US Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers Developed Intl Equity Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.