Global Sector ETF Portfolio for May
Thursday, May 6th, 2010Scott’s Investments submits:
Global sector ETF performance update for the close of April is below and has also been updated as a free portfolio to track on my blog. Note that two of the ETFs – IXP (Telecom) and JXI (Utilities) were below the 200 day moving average at month end which in my preferred strategy would exclude them for consideration of any long position. The top three at the end of April are EXI (Industrials), RXI (Consumer discrectionary), MXI (Materials). These are the same top 3 at the beginning of last month. 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 Global sector 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
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.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.
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 Global Industrials | Here | 13.96% | 19.61% | 47.20% | 80.77% | 12.33% |
| IXC | iShares Global Energy | Here | 7.24% | 3.29% | 29.57% | 40.10% | 3.59% |
| IXG | iShares Global Financials | Here | 8.47% | 4.73% | 43.52% | 56.72% | 2.15% |
| IXJ | iShares Global Healthcare | Here | -1.80% | 5.86% | 28.71% | 32.77% | 0.87% |
| IXN | iShares Global Technology | Here | 12.36% | 15.25% | 39.99% | 67.60% | 9.76% |
| IXP | iShares Global Telecommunications | Here | 2.04% | -0.19% | 21.31% | 23.16% | -0.73% |
| JXI | iShares Global Utilities | Here | -0.64% | 1.26% | 18.49% | 19.11% | -1.62% |
| KXI | iShares Global Consumer Staples | Here | 3.89% | 6.87% | 36.51% | 47.27% | 4.88% |
| MXI | iShares Global Materials | Here | 10.46% | 13.69% | 47.92% | 72.07% | 5.38% |
| RXI | iShares Global Cons Discretionary | Here | 13.60% | 20.00% | 40.01% | 73.61% | 12.57% |
Disclosure: No positions
