Only six ETFs we track are higher than they were a week ago, with floating rate bonds (insulated from interest rate shocks), EURUSD, T-bills, the USD, biotech, and natural gas the only financial assets in our universe of ETFs higher. Lower-duration bonds, MBS, bank loans, and the belly of the yield curve all held in pretty well, but declines were massive across global markets on a trailing five day basis. Commodities (especially steel companies), LatAm, REITs, Asia, and long-term Treasuries all got smoked over the last five days.
Bespoke provides Bespoke Premium and Bespoke Institutional members with a daily ETF Trends report that highlights proprietary trend and timing scores for more than 200 widely followed ETFs across all asset classes. If you’re an ETF investor, this daily report is perfect. Sign up below to access today’s ETF Trends report.
See Bespoke’s full daily ETF Trends report by starting a no-obligation free trial to our premium research. Click here to sign up with just your name and email address.