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Nov. 2 ETF Momentum Report: Upgrades and Downgrades

Trends tend to persist. Here, the most recent top upgrades and downgrades to ETFs when screened through the lens of momentum. A equals a strong bullish trend, D equals a strong bearish trend.

The Trendrating Smart Momentum Model identifies trends in ETFs early and accounts for short-term volatility, and may enable wealth managers to capture more upside and minimize downside exposure. The ratings work well as a complement to Value Investing. The ratings are designed for long-term investing and can stay in effect from months to years.

A = Strong Bull Trend    B = Emerging Bull Trend      C = Emerging Bear Trend      D = Strong Bear Trend

Below are U.S. Listed ETFs with a minimum of $300 million in assets that have been Upgraded/Downgraded by the Smart Momentum Model in the past week. There were a total of 17 Upgrades and 19 Downgrades last week.

Top Five ETF Upgrades

1. Vanguard Telecommunication Services ETF (VOX)

2. FlexShares Morningstar US Market Factor Tilt ETF (TILT)

3. iShares Dow Jones US ETF (IYY)

4. iShares Morningstar Large-cap ETF (JKD)

5. Vanguard Total Stock Market ETF (VTI)

Top Five ETF Downgrades

 

 

 

 

 

 

1. Deutsche X-trackers MSCI Japan Hedged Equity ETF (DBJP)

2. Wisdomtree Japan Hedged Equity Fund (DXJ)

3. iShares Micro-cap ETF (IWC)

4. PowerShares Global Listed Private Equity ETF (PSP)

5. First Trust Consumer Staples AlphaDEX Fund (FXG)

 

If you are a professional wealth manager, advisor or broker and would like to learn more about Trendrating or request a free trial click here and put WM.com in the subject line.

The evaluations, rankings and information provided by Trendrating (the "Services") are provided solely for the use of finance professionals (the "Users") and who, by nature of their status as investment professions understand, or are expected to understand, the complexity of finance products, the functioning of the markets and the risks inherent in them. The Services are not offered for use by persons not employed or actively working as professionals in the finance and investment industry. The Services are to be used entirely at the risk of the Users. Included in the Services are forward-looking statements that are based on observations, assumptions and calculations that reflect Trendrating's expectations. Forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to materially differ from those expectations. The Services are not intended to constitute a recommendation of any specific security or financial product and are to be implemented solely in conjunction with or as part of a complete investment evaluation conducted by the Users. Under no circumstances shall Trendrating, its officers, directors, employees or agents be liable for any damages, lost profits or investment losses that result in any way from use of the Services or any interruptions, errors or delays in the Services.

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