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Nov. 30 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 $100 million in assets that have been Upgraded/Downgraded by the Smart Momentum Model in the past week. There were a total of 10 Upgrades and 7 Downgrades last week.

Top Five ETF Upgrades

SPDR Dow Jones Reit ETF (RWR)

Vanguard Consumer Staples ETF (VDC)

FlexShares Morningstar US Market Factors Tilt Indext Fund (TILT)

SPDR S&P 600 Small Cap ETF (SLY)

iShares Core S&P Small-cap ETF (IJR)

Top Five ETF Downgrades







ProShares Ultrashort Russell2000 (TWM)

Direxion Daily 20+ Year Trasury Bear 3x Shares (TMV)

ProShares Short S&P500 (SH)

ProShares Ultrashort 7-10 Year Treasury (PST)

First Trust Health Care Alphadex Fund (FXH)


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