RobertWColby's Commentaries

Dec 21 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 108 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 Semiconductor SPDR, XSD
99 Brazil Index, EWZ
99 Ultra QQQ Double, QLD
98 Internet H, HHH
98 Mexico Index, EWW
97 Latin Am 40, ILF
97 Semiconductor iS GS, IGW
97 Technology DJ US, IYW
96 Growth MidCap S&P 400, RFG
96 Info Tech VIPERs, VGT

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

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