There is a change to the iShares Tactical Model this week.
There is a change to the iShares Tactical Model (ISHRTACTICAL) this week: sell the iShares Silver Trust (SLV) and buy the iShares GSCI Commodity-Indexed Trust (GSG). SLV was sold because its rank in the model’s relative strength matrix fell below the threshold to remain a holding in the portfolio. In its place, the model added GSG as it was the highest-ranking fund in the matrix not was not already a model holding.
GSG currently has a strong 5.50 fund score, which is 1.48 points better than the average for all commodities funds, and a positive 3.12 score direction. On its default chart, the fund has completed six consecutive buy signals and reached a new multi-year high earlier this month. Year-to-date (through 3/25) GSG has gained 31.92% on a price return basis. In addition to GSG, ISHRTACTICAL also has exposure to gold, the S&P 500, semiconductors, aerospace & defense, US broker dealers & securities exchanges, industrials, and oil equipment & services. Year-to-date, ISHRTACTICAL has gained 2.07%.
