RobertWColby's Commentaries

Jul 6 2009

Weekly Top 10 ETF Rankings

4-Year Outperformance by the
Top 10 Exchange Traded Funds

Weekly Rankings of Major Trend Relative Strength

My weekly Top 10 ETFs ranked by the Major Trend Relative Strength outperformed the S&P 500 by 104 percentage points since August, 2004, in simulation. Click here for a graph of simulated performance.

To arrive at my Top 10 ETF picks, I first calculate a six-month rate of change (approximately) of price. Next, I add in filters to dampen random noise. I rank all the ETFs in my universe from highest rate of change to lowest rate of change. Finally, I pick the highest 10 ETFs each week. These Top 10 are the best performing ETFs, the ones with the best major trend momentum.

Please note that this is a high-volatility strategy: the stocks that go up the most when the stock market is in a Bullish trend often go down the most during market corrections to the downside.

Please note that this Top 10 list is a research study and is not investment advice. Your use of this site means that you have read, understood, and accepted myDisclaimer.

Weekly Rank, Name, Symbol

100 India Earnings WTree, EPI
99 China LargeCap Growth G D H USX PS, PGJ
99 Software, PSJ
98 China 25 iS, FXI
98 Value SmallCap S&P 600, RZV
97 Semiconductor SPDR, XSD
97 Networking, IGN
97 South Africa Index, EZA
96 Financial Preferred, PGF
96 Preferred Stock iS, PFF

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Based on prices as of the close on Friday, July 2, 2009

Exchange Traded Funds
Weekly Rankings of Major Trend Relative Strength

Each week, at the end of the week, I rank 235 Exchange Traded Funds (ETFs), based on my updated version of the Screening Method for Analysis of Relative Strength. For details on this method, see my book, pages 604-609. Below, I ranked 235 ETFs as of the posting date, above.

Research studies suggest that ETFs ranked in the top quintile (highest fifth) of the list (with a rank of 80 and higher) may have a greater probability of outperforming the market in the months ahead. Conversely, ETFs ranked in the bottom quintile (lowest fifth), below 20, may have a greater probability of underperforming the market in the months ahead.

Interpretation:
100 to 80, Buy
79 to 60, Hold
59 to 40, Neutral, Market Perform
39 to 20, Avoid
19 to 0, Sell

Please note that this screen is not investment advice. Your use of this site means that you have read, understood, and accepted my Disclaimer.

Weekly Rank, Name, Symbol

100 India Earnings WTree, EPI
99 China LargeCap Growth G D H USX PS, PGJ
99 Software, PSJ
98 China 25 iS, FXI
98 Value SmallCap S&P 600, RZV
97 Semiconductor SPDR, XSD
97 Networking, IGN
97 South Africa Index, EZA
96 Financial Preferred, PGF
96 Preferred Stock iS, PFF
95 Technology MS sT, MTK
95 Malaysia Index, EWM
94 Technology DJ US, IYW
94 Hong Kong Index, EWH
94 Gold Shares S.T., GLD
93 Singapore Index, EWS
93 Internet Architecture H, IAH
92 Info Tech VIPERs, VGT
92 Software H, SWH
91 Growth MidCap S&P 400, RFG
91 Leisure & Entertainment, PEJ
91 Bond, Corp, LQD
90 Technology GS, IGM
90 Biotech H, BBH
89 Emerging Markets, EEM
89 Software, IGV
89 Emerging VIPERs, VWO
88 Bond, Aggregate, AGG
88 Internet H, HHH
87 Growth LargeCap NASDAQ 100, QQQQ
87 Semiconductor iS GS, IGW
86 Taiwan Index, EWT
86 Technology Global, IXN
86 Semiconductor H, SMH
85 Brazil Index, EWZ
85 Growth LargeCap NASDAQ Fidelity, ONEQ
84 Bond, 1-3 Year Treasury, SHY
84 Technology SPDR, XLK
83 Short 100% Dow 30, DOG
83 Bond, TIPS, TIP
83 Growth Small Cap DJ, DSG
82 Retail, PMR
82 Spain Index, EWP
81 Latin Am 40, ILF
81 Growth SmallCap iS M, JKK
80 Bond, High-Yield Corporate, HYG
80 Consumer Staples VIPERs, VDC
80 Bond, 10 Year Treasury, IEF
79 Emerging 50 BLDRS, ADRE
79 Pharmaceuticals, PJP
78 Pacific VIPERs, VPL
78 Pacific ex-Japan, EPP
77 Growth SmallCap R 2000, IWO
77 Internet B2B H, BHH
77 Telecom Services VIPERs, VOX
76 Canada Index, EWC
76 Growth SmallCap VIPERs, VBK
75 Japan Index, EWJ
75 Semiconductors, PSI
74 Growth S&P 500, RPG
74 Capital Markets KWB ST, KCE
74 Short 100% S&P 500, SH
73 Food & Beverage, PBJ
73 Health Care VIPERs, VHT
72 South Korea Index, EWY
72 Silver Trust iS, SLV
71 Consumer Non-Cyclical, IYK
71 Healthcare DJ, IYH
71 Sweden Index, EWD
70 Mexico Index, EWW
70 Pharmaceutical H, PPH
69 Consumer Staples SPDR, XLP
69 Growth MidCap 400 B, IJK
69 SmallCap Core iS M, JKJ
68 Small Cap VIPERs, VB
68 Asia 50 BLDRS, ADRA
67 Telecommunications & Wireless, PTE
67 Growth LargeCap iS M, JKE
66 Growth 1000 Russell, IWF
66 Growth LargeCap Russell 3000, IWZ
66 Bond, 20+ Years Treasury, TLT
65 Health Care SPDR, XLV
65 Consumer D. VIPERs, VCR
64 Growth BARRA Small Cap 600, IJT
64 Value 40 Large Low P/E FT DB, FDV
63 Japan LargeCap Blend TOPIX 150, ITF
63 IPOs, First Tr IPOX-100, FPX
63 Growth MidCap Russell, IWP
62 Growth VIPERs, VUG
62 Switzerland Index, EWL
61 Growth Large Cap, ELG
61 Value LargeCap Fundamental RAFI 1000, PRF
60 Extended Mkt VIPERs, VXF
60 Biotech SPDR, XBI
60 Retail H, RTH
59 Growth S&P 500/BARRA, IVW
59 Value LargeCap Dynamic PS, PWV
58 MidCap S&P 400 iS, IJH
58 Healthcare Global, IXJ
57 Australia Index, EWA
57 MidCap S&P 400 SPDRs, MDY
57 Water Resources, PHO
56 Microcap Russell, IWC
56 LargeCap Blend S&P=Weight R, RSP
55 Nanotech Lux, PXN
55 SmallCap S&P 600, IJR
54 SmallCap Russell 2000, IWM
54 Consumer Cyclical DJ, IYC
54 Consumer Discretionary SPDR, XLY
53 Value EAFE MSCI, EFV
53 Telecom DJ US, IYZ
52 Dividend Appreciation Vipers, VIG
52 Value Small Cap DJ, DSV
51 Biotech & Genome, PBE
51 Growth SmallCap Dynamic PS, PWT
51 200% Short US T Bond, TBT
50 Value SmallCap iS M, JKL
50 Value SmallCap VIPERS, VBR
49 200% Short Bond 7-10 Yr T, PST
49 OTC Dynamic PS, PWO
49 MidCap Blend Core iS M, JKG
48 Value MidCap Dynamic PS, PWP
48 MidCap Russell, IWR
47 LargeCap Blend Socially Responsible iS, KLD
47 EAFE Index, EFA
46 Value SmallCap S&P 600 B, IJS
46 Value MidCap S&P 400 B, IJJ
46 Dividend Leaders, FDL
45 Blend Total Market VIPERs, VTI
45 LargeCap Rydex Rus Top 50, XLG
44 Growth EAFE MSCI, EFG
44 Dividend International, PID
43 LargeCap Blend Core iS M, JKD
43 LargeCap Blend Dynamic PS, PWC
43 Utilities, PUI
42 MidCap Growth iS M, JKH
42 Utilities VIPERs, VPU
41 Wilshire 5000 ST TM, TMW
41 LargeCap Blend Total Market DJ, IYY
40 LargeCap Blend Russell 3000, IWV
40 Telecommunications Global, IXP
40 MidCap VIPERs, VO
39 Value MidCap iS M, JKI
39 Dividend SPDR, SDY
38 LargeCap VIPERs, VV
38 LargeCap 1000 R, IWB
37 Global Titans, DGT
37 Global 100, IOO
37 Utilities DJ, IDU
36 LargeCap Blend S&P 1500 iS, ISI
36 United Kingdom Index, EWU
35 Short 100% MidCap 400, MYY
35 Utilities SPDR, XLU
34 Lg Cap Growth PSD, PWB
34 S&P 500 SPDRs LargeCap Blend, SPY
34 Aerospace & Defense, PPA
33 S&P 500 iS LargeCap Blend, IVV
33 Utilities H, UTH
32 LargeCap Blend S&P 100, OEF
32 Short 200% Dow 30 PS, DXD
31 LargeCap Blend NYSE Composite iS, NYC
31 Europe 100 BLDRS, ADRU
31 Value LargeCap Euro STOXX 50 DJ, FEU
30 Telecom H, TTH
30 European VIPERs, VGK
29 Value SmallCap Dynamic PS, PWY
29 SmallCap PS Zacks, PZJ
29 Developed 100 BLDRS, ADRD
28 Europe 350 S&P Index, IEV
28 Value SmallCap Russell 2000, IWN
27 DIAMONDS (DJIA), DIA
27 Value MidCap Russell, IWS
26 Energy Global, IXC
26 Euro STOXX 50, FEZ
26 Growth Mid Cap Dynamic PS, PWJ
25 Insurance, PIC
25 Value S&P 500, RPV
24 Value LargeCap NYSE 100 iS, NY
24 Materials SPDR, XLB
23 France Index, EWQ
23 Short 100% QQQ, PSQ
23 Dividend Achievers PS, PFM
22 Building & Construction, PKB
22 Value Large Cap DJ, ELV
21 EMU Europe Index, EZU
21 Materials VIPERs, VAW
20 Value VIPERs, VTV
20 Ultra QQQ Double, QLD
20 Micro Cap Zachs, PZI
19 Transportation Av DJ, IYT
19 Netherlands Index, EWN
18 Austria Index, EWO
18 Italy Index, EWI
17 Value S&P 500 B, IVE
17 Value LargeCap Russell 3000, IWW
17 Natural Resource iS GS, IGE
16 Value 1000 Russell, IWD
16 Financials Global LargeCap Value, IXG
15 Germany Index, EWG
15 Basic Materials DJ US, IYM
14 WilderHill Clean Energy PS, PBW
14 Industrial LargeCap Blend DJ US, IYJ
14 Metals & Mining SPDR, XME
13 Value LargeCap iS M, JKF
13 Belgium Index, EWK
12 Energy DJ, IYE
12 Industrials VIPERs, VIS
11 Commodity Tracking, DBC
11 Energy VIPERs, VDE
11 Industrial SPDR, XLI
10 Short 200% S&P 500 PS, SDS
10 Value Line Timeliness MidCap Gr, PIV
9 Energy SPDR, XLE
9 Dividend DJ Select, DVY
9 Financial Services DJ, IYG
8 Bank Regional H, RKH
8 Oil Services H, OIH
7 Financials VIPERs, VFH
7 Financial DJ US, IYF
6 Homebuilders SPDR, XHB
6 Financial SPDR, XLF
6 Energy Exploration & Prod, PXE
5 Oil & Gas, PXJ
5 Dividend High Yield Equity PS, PEY
4 Real Estate US DJ, IYR
4 REIT VIPERs, VNQ
3 Internet Infrastructure H, IIH
3 REIT Wilshire, RWR
3 Short 200% MidCap 400 PS, MZZ
2 Oil, Crude, U.S. Oil Fund, USO
2 Ultra MidCap400 Double, MVV
1 Realty Cohen & Steers, ICF
1 Ultra Dow30 Double, DDM
0 Short 200% QQQ PS, QID
0 Ultra S&P500 Double, SSO



Tags: etfs | s-p-500 | russell-1000 | nasdaq | etf
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