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I am an independent investor writing at Scott's Investments (http://www.scottsinvestments.com). My site is dedicated to discussing and publicly tracking historically successful investments strategies and sharing free investment resources. I emphasize empirical, historical, and quantitative... More
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Scott's Investments
  • 3 Global ETFs for November 0 comments
    Nov 8, 2010 10:33 PM | about stocks: EXI, IXC, IXG, IXJ, IXN, IXP, JXI, KXI, MXI, GALE
    Global sector ETF performance update for the close of October is below and has also been updated as a free portfolio to track on my blog. At the start of last month all of the ETFs  were above the 200 day moving average which in my preferred strategy would include them for consideration of any long position. The top three at the end of September based on momentum were IXP (telecom)MXI (materials), and RXI (consumer discretionary).

    This month all of the ETFs in the global sector strategy are above their 200 day moving average. The top 3 based on momentum are the same as last month, IXP, MXI, and RXI.  I have previously discussed some possible strategies using this data here as well as some more active trading strategies.
     

    The momentum strategy that an investor could implement would be to purchase the best returning ETF(s) over the trailing 3, 6, and 12 months (sum). This strategy has been written about extensively by Mebane Faber, author of The Ivy Portfolio: How to Invest Like the Top Endowments and Avoid Bear Markets.
     
    Another strategy would involve purchasing the top performing ETFs based on 6 month (half year) returns and only purchase ETFs when they are also above their 200 day simple moving average.


    I have also added ETF Replay's ranking for each ETF plus SHY (short duration bond ETF). For some background on ETF Replay please visit the site or read my previous articles here and here.


    No positions
     
    The data source for the information below is Finviz.


    TickerCompanyFree Trend AnalysisPerfor-mance (Quarter)Half YearYearSum200-Day SMA
    EXIiShares S&P Global IndustrialsHere5.88%1.44%19.47%26.79%8.80%
    IXCiShares S&P Global EnergyHere6.53%-0.62%0.68%6.59%6.36%
    IXGiShares S&P Global FinancialsHere-1.27%-3.33%-1.79%-6.39%3.04%
    IXJiShares S&P Global HealthcareHere8.91%4.06%9.37%22.34%4.93%
    IXNiShares S&P Global TechnologyHere6.56%-0.95%12.95%18.56%7.06%
    IXPiShares S&P Global TelecommunicationsHere9.65%17.14%14.93%41.72%14.67%
    JXIiShares S&P Global UtilitiesHere5.37%5.77%6.68%17.82%7.30%
    KXIiShares S&P Global Consumer StaplesHere7.65%7.69%13.75%29.09%8.75%
    MXIiShares S&P Global MaterialsHere11.54%10.17%19.61%41.32%12.75%
    RXIiShares S&P Global Cons DiscretionaryHere10.12%4.02%23.33%37.47%11.63%



    ETF Replay Ranking

    6 month return / 3 month return / 3 month volatility3 month return / 20 day ret/ 20 day volatility
    SHY79
    EXI1010
    IXC98
    IXG1111
    IXJ46
    IXN84
    IXP12
    JXI67
    KXI25
    MXI33
    RXI51


    Disclosure: none
    Stocks: EXI, IXC, IXG, IXJ, IXN, IXP, JXI, KXI, MXI, GALE
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