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I am an independent investor writing at Scott's Investments ( 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.

    Ticker Company Free Trend Analysis Perfor-mance (Quarter) Half Year Year Sum 200-Day SMA
    EXI iShares S&P Global Industrials Here 5.88% 1.44% 19.47% 26.79% 8.80%
    IXC iShares S&P Global Energy Here 6.53% -0.62% 0.68% 6.59% 6.36%
    IXG iShares S&P Global Financials Here -1.27% -3.33% -1.79% -6.39% 3.04%
    IXJ iShares S&P Global Healthcare Here 8.91% 4.06% 9.37% 22.34% 4.93%
    IXN iShares S&P Global Technology Here 6.56% -0.95% 12.95% 18.56% 7.06%
    IXP iShares S&P Global Telecommunications Here 9.65% 17.14% 14.93% 41.72% 14.67%
    JXI iShares S&P Global Utilities Here 5.37% 5.77% 6.68% 17.82% 7.30%
    KXI iShares S&P Global Consumer Staples Here 7.65% 7.69% 13.75% 29.09% 8.75%
    MXI iShares S&P Global Materials Here 11.54% 10.17% 19.61% 41.32% 12.75%
    RXI iShares S&P Global Cons Discretionary Here 10.12% 4.02% 23.33% 37.47% 11.63%

    ETF Replay Ranking

    6 month return / 3 month return / 3 month volatility 3 month return / 20 day ret/ 20 day volatility
    SHY 7 9
    EXI 10 10
    IXC 9 8
    IXG 11 11
    IXJ 4 6
    IXN 8 4
    IXP 1 2
    JXI 6 7
    KXI 2 5
    MXI 3 3
    RXI 5 1

    Disclosure: none
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