Nasdaq Dorsey Wright

State Street Focus Fund

Published: December 7, 2016

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

Today, XES has been added to the SSTREET Model.

For the fifth consecutive week, there has been a change in the State Street Sector Model SSTREET. This week, the SPDR S&P Oil & Gas Equipment & Services ETF XES has been added to the Model. Recall that in order for an ETF to earn a spot within the State Street Sector Model SSTREET, it must be in a column of X's versus the S&P 500 Index SPX on a 6.5% relative strength chart. Over the past week of trading, the RS chart of XES vs SPX reversed up into X’s, warranting its addition to the SSTREET holdings. This Model remains fully-invested through sector-based ETFs within the broader State Street family of ETFs and is evaluated on a weekly basis. The number of holdings can vary based on sector leadership within changing markets. The Model draws from an inventory of 31 US sector products which range from cap-weighted broad sector exposure to equal-weighted sub-sector alternatives. With the addition of XES, the model is equally weighted across 21 positions, signaling toward the widespread strength in the market.

XES is an equal-weight Oil & Gas Equipment & Services fund with exposure to all S&P 500 components within that sector of the market. When looking at the default trend chart of XES, this fund has given two consecutive buy signals since September and currently has a fund score of 5.66, speaking to its strong relative strength and trending characteristics. Okay to buy here or on a pullback. Within the SSTREET model, XES will represent 4.76% moving forward and will bring the broad Energy exposure up to about 10% of the total portfolio.

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**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. StateStreet Global Advisors (SsgA) has arranged with Dorsey Wright to provide this specialized ETF page on SsgA sponsored products. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included herein (the “ETF Data”), are created and provided solely by Dorsey, Wright & Associates. Such ETF Data should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security. ETF Data and other materials appearing on this website are believed to be obtained from reliable sources, but neither SsgA nor Dorsey Wright can guarantee and are not responsible for their accuracy, timeliness, completeness, or suitability for use. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. Neither Dorsey, Wright nor SsgA through this ETF page provide investment, legal or tax advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations, and rules including NASD Rules 2090 and 2111. You alone will bear the sole responsibility of evaluating the merits and risks associated with the use of ETF Data before making any decisions based on the ETF Data. You agree not to hold SsgA or Dorsey, Wright liable for any possible claim for damages arising from any decision you make based on the ETF Data. The percentage of the portfolio devoted to any ETF is at the sole discretion of the financial advisor or the customer, and not Dorsey, Wright & Associates or SsgA. If you are not familiar with the Point & Figure methodology, we suggest you read “Point & Figure Charting, 4th Edition” by Thomas J. Dorsey and visit the PnF University at www.dorseywright.com. If you are not familiar with the SsgA products, or Exchange Traded Funds (ETFs), we suggest you visit www.ssgafunds.com.