RobertWColby's Commentaries
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 109 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 my Disclaimer.
Weekly Rank, Name, Symbol
100 Value SmallCap S&P 600, RZV
99 India Earnings WTree, EPI
99 Brazil Index, EWZ
98 South Korea Index, EWY
98 Australia Index, EWA
97 Value S&P 500, RPV
97 Pacific ex-Japan, EPP
97 Latin Am 40, ILF
96 Internet Architecture H, IAH
96 Growth MidCap S&P 400, RFG
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Based on prices as of the close on Friday, October 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 Value SmallCap S&P 600, RZV
99 India Earnings WTree, EPI
99 Brazil Index, EWZ
98 South Korea Index, EWY
98 Australia Index, EWA
97 Value S&P 500, RPV
97 Pacific ex-Japan, EPP
97 Latin Am 40, ILF
96 Internet Architecture H, IAH
96 Growth MidCap S&P 400, RFG
95 Internet H, HHH
95 Software, PSJ
94 Emerging VIPERs, VWO
94 Emerging Markets, EEM
94 Taiwan Index, EWT
93 Spain Index, EWP
93 Silver Trust iS, SLV
92 Value LargeCap Fundamental RAFI 1000, PRF
92 Technology MS sT, MTK
91 Malaysia Index, EWM
91 Value SmallCap iS M, JKL
91 Singapore Index, EWS
90 South Africa Index, EZA
90 Semiconductor SPDR, XSD
89 Technology DJ US, IYW
89 Info Tech VIPERs, VGT
89 Preferred Stock iS, PFF
88 Emerging 50 BLDRS, ADRE
88 Growth Small Cap DJ, DSG
87 Value Small Cap DJ, DSV
87 Networking, IGN
86 Technology GS, IGM
86 Consumer D. VIPERs, VCR
86 Leisure & Entertainment, PEJ
85 Growth S&P 500, RPG
85 Switzerland Index, EWL
84 Growth LargeCap NASDAQ 100, QQQQ
84 Internet B2B H, BHH
83 Capital Markets KWB ST, KCE
83 Ultra QQQ Double, QLD
83 Austria Index, EWO
82 Growth SmallCap VIPERs, VBK
82 Sweden Index, EWD
81 Netherlands Index, EWN
81 Value MidCap iS M, JKI
80 Biotech & Genome, PBE
80 Hong Kong Index, EWH
80 Small Cap VIPERs, VB
79 SmallCap Core iS M, JKJ
79 LargeCap Blend S&P=Weight R, RSP
78 Value SmallCap VIPERS, VBR
78 Technology Global, IXN
77 Growth LargeCap NASDAQ Fidelity, ONEQ
77 Consumer Discretionary SPDR, XLY
77 China LargeCap Growth G D H USX PS, PGJ
76 IPOs, First Tr IPOX-100, FPX
76 Pharmaceuticals, PJP
75 Mexico Index, EWW
75 Gold Shares S.T., GLD
74 Financial Preferred, PGF
74 Technology SPDR, XLK
74 Consumer Cyclical DJ, IYC
73 Software H, SWH
73 Software, IGV
72 Semiconductor iS GS, IGW
72 Extended Mkt VIPERs, VXF
71 Financials Global LargeCap Value, IXG
71 Value 40 Large Low P/E FT DB, FDV
71 Growth MidCap 400 B, IJK
70 Value EAFE MSCI, EFV
70 Microcap Russell, IWC
69 Growth SmallCap R 2000, IWO
69 MidCap VIPERs, VO
69 MidCap S&P 400 iS, IJH
68 Consumer Staples VIPERs, VDC
68 MidCap S&P 400 SPDRs, MDY
67 France Index, EWQ
67 Italy Index, EWI
66 Euro STOXX 50, FEZ
66 MidCap Russell, IWR
66 China 25 iS, FXI
65 Value MidCap Russell, IWS
65 Retail H, RTH
64 Growth SmallCap iS M, JKK
64 Semiconductor H, SMH
63 Canada Index, EWC
63 Europe 350 S&P Index, IEV
63 SmallCap Russell 2000, IWM
62 EMU Europe Index, EZU
62 Growth MidCap Russell, IWP
61 European VIPERs, VGK
61 Value MidCap S&P 400 B, IJJ
60 Value LargeCap Euro STOXX 50 DJ, FEU
60 Biotech H, BBH
60 Growth BARRA Small Cap 600, IJT
59 Consumer Non-Cyclical, IYK
59 MidCap Blend Core iS M, JKG
58 Belgium Index, EWK
58 Europe 100 BLDRS, ADRU
57 Growth Large Cap, ELG
57 Value MidCap Dynamic PS, PWP
57 Value SmallCap Russell 2000, IWN
56 SmallCap S&P 600, IJR
56 EAFE Index, EFA
55 Growth LargeCap iS M, JKE
55 Nanotech Lux, PXN
54 Dividend International, PID
54 Growth LargeCap Russell 3000, IWZ
54 Health Care VIPERs, VHT
53 Growth 1000 Russell, IWF
53 Retail, PMR
52 Growth VIPERs, VUG
52 Value SmallCap S&P 600 B, IJS
51 Pharmaceutical H, PPH
51 Telecom Services VIPERs, VOX
51 Consumer Staples SPDR, XLP
50 LargeCap Blend Socially Responsible iS, KLD
50 Healthcare Global, IXJ
49 Global 100, IOO
49 Basic Materials DJ US, IYM
49 MidCap Growth iS M, JKH
48 Insurance, PIC
48 Bond, Corp, LQD
47 Pacific VIPERs, VPL
47 Growth S&P 500/BARRA, IVW
46 Blend Total Market VIPERs, VTI
46 Germany Index, EWG
46 LargeCap Blend Total Market DJ, IYY
45 LargeCap Blend Russell 3000, IWV
45 Dividend SPDR, SDY
44 Developed 100 BLDRS, ADRD
44 Healthcare DJ, IYH
43 Bond, High-Yield Corporate, HYG
43 LargeCap 1000 R, IWB
43 Aerospace & Defense, PPA
42 Wilshire 5000 ST TM, TMW
42 United Kingdom Index, EWU
41 LargeCap Blend S&P 1500 iS, ISI
41 LargeCap VIPERs, VV
40 LargeCap Blend NYSE Composite iS, NYC
40 LargeCap Blend Core iS M, JKD
40 Materials VIPERs, VAW
39 Lg Cap Growth PSD, PWB
39 OTC Dynamic PS, PWO
38 Financials VIPERs, VFH
38 S&P 500 SPDRs LargeCap Blend, SPY
37 S&P 500 iS LargeCap Blend, IVV
37 Dividend Appreciation Vipers, VIG
37 Financial DJ US, IYF
36 Health Care SPDR, XLV
36 Telecommunications & Wireless, PTE
35 Global Titans, DGT
35 DIAMONDS (DJIA), DIA
34 Materials SPDR, XLB
34 Growth EAFE MSCI, EFG
34 Financial Services DJ, IYG
33 Financial SPDR, XLF
33 Industrial LargeCap Blend DJ US, IYJ
32 REIT VIPERs, VNQ
32 LargeCap Blend S&P 100, OEF
31 Value LargeCap Dynamic PS, PWV
31 Value LargeCap Russell 3000, IWW
31 Bond, Aggregate, AGG
30 Value VIPERs, VTV
30 LargeCap Rydex Rus Top 50, XLG
29 Industrials VIPERs, VIS
29 Value 1000 Russell, IWD
29 Transportation Av DJ, IYT
28 Value S&P 500 B, IVE
28 Telecommunications Global, IXP
27 Homebuilders SPDR, XHB
27 REIT Wilshire, RWR
26 Metals & Mining SPDR, XME
26 Dividend High Yield Equity PS, PEY
26 Real Estate US DJ, IYR
25 Bank Regional H, RKH
25 Industrial SPDR, XLI
24 Bond, 20+ Years Treasury, TLT
24 Water Resources, PHO
23 Value SmallCap Dynamic PS, PWY
23 Bond, TIPS, TIP
23 Value Large Cap DJ, ELV
22 SmallCap PS Zacks, PZJ
22 Asia 50 BLDRS, ADRA
21 Ultra MidCap400 Double, MVV
21 Value LargeCap NYSE 100 iS, NY
20 Bond, 10 Year Treasury, IEF
20 Food & Beverage, PBJ
20 Dividend Leaders, FDL
19 Semiconductors, PSI
19 Growth Mid Cap Dynamic PS, PWJ
18 Natural Resource iS GS, IGE
18 Dividend Achievers PS, PFM
17 Bond, 1-3 Year Treasury, SHY
17 Oil Services H, OIH
17 Realty Cohen & Steers, ICF
16 LargeCap Blend Dynamic PS, PWC
16 Micro Cap Zachs, PZI
15 Dividend DJ Select, DVY
15 Value LargeCap iS M, JKF
14 Oil & Gas, PXJ
14 Growth SmallCap Dynamic PS, PWT
14 Telecom DJ US, IYZ
13 Energy Global, IXC
13 Ultra Dow30 Double, DDM
12 Internet Infrastructure H, IIH
12 Biotech SPDR, XBI
11 Energy VIPERs, VDE
11 Japan Index, EWJ
11 Ultra S&P500 Double, SSO
10 Telecom H, TTH
10 Japan LargeCap Blend TOPIX 150, ITF
9 Utilities VIPERs, VPU
9 Building & Construction, PKB
9 Energy DJ, IYE
8 Energy SPDR, XLE
8 Utilities DJ, IDU
7 Utilities SPDR, XLU
7 Utilities, PUI
6 Utilities H, UTH
6 Energy Exploration & Prod, PXE
6 Value Line Timeliness MidCap Gr, PIV
5 WilderHill Clean Energy PS, PBW
5 Short 100% Dow 30, DOG
4 Short 200% Bond 7-10 Yr T, PST
4 Short 100% S&P 500, SH
3 Commodity Tracking, DBC
3 Short 100% QQQ, PSQ
3 Short 100% MidCap 400, MYY
2 Short 200% US T Bond, TBT
2 Oil, Crude, U.S. Oil Fund, USO
1 Short 200% Dow 30 PS, DXD
1 Short 200% S&P 500 PS, SDS
0 Short 200% QQQ PS, QID
0 Short 200% MidCap 400 PS, MZZ
Tags: stocks | etfs | nasdaq | s-p-500