Dec. 8 ETF Momentum Report: Upgrades and Downgrades

Dec. 8 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 Trendrating Smart Momentum Model in the past week. There were a total of 29 Upgrades and 4 Downgrades last week.

Top Five ETF Upgrades

Guggenheim Russell Top 50 Mega Cap ETF (XLG)

Vanguard Consumer Discretionary ETF (VCR)

iShares Global Consumer Discretionary ETF (RXI)

Schwab International Small Cap Equity ETF (SCHC)

SPDR S&P International Small Cap ETF (GWX)

 

Trendrating’s momentum analytics were created to maximize investment performance and improve risk control. Our model captures medium to long term price trends in a reliable and systematic way. Our ratings help wealth managers to improve performance by participating in positive trends earlier, staying in positions longer and avoiding premature exits. Our analytics are designed to be an effective overlay and an additional layer to fundamental research. WealthManagement.com readers can request a free trial at http://trendrating.getresponsepages.com

Top Five ETF Downgrades

 

 

 

 

 

 

Nuveen Long/Short Commodity Total Return Fund (CTF)

ProShares Short Dow30 (DOG)

ProShares Ultrashort 20+ Year Treasury (TBT)

Vanguard Total International Bond Index ETF (BNDX)

 

 

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