Category Archives: $SPY

Consumer Discretionary Overtakes Tech As Sector Leader In 2018

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Consumer discretionary stocks are now the top-performing sector year to date, based on a set of exchange-traded funds through yesterday’s close (June 14). Although technology shares had been the leading sector in 2018, a strong rally this month in consumer discretionary companies has lifted this slice of the stock market to the top performance slot […]

Momentum Continues To Lead For US Equity Factor Returns

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The US stock market has been on a roller coaster for much of 2018, but the surge in volatility hasn’t derailed momentum’s leadership for US equity factors, based on a set of proxy ETFs. For year-to-date results through last week’s close (May 25), the iShares Edge MSCI USA Momentum Factor (MTUM) still leads the field. […]

Tech Is Still The Momentum Leader For US Equity Sectors

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The US stock market has suffered a rough ride so far in 2018, but technology shares remain the strongest trend performer for the major US equity sectors, based on a set of exchange-traded funds through yesterday’s close (May 22). Technology Select Sector SPDR (XLK) is up 8.8% so far in 2018, edging out the second-strongest […]

Losses Still Weigh On Most US Equity Sectors So Far In 2018

Posted on in $SPY, Finance News, VNQ, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, YTD | 0 comments

Red ink continues to prevail for most US equity sectors for year-to-date (YTD) performances through Thursday’s close (April 26). Just four of the eleven sectors are currently posting gains this year, based on a set of ETFs. The strongest YTD performer at the moment: consumer discretionary stocks. The Consumer Discretionary Select Sector SPDR (XLY) is […]

Spike In Market Volatility Dents Momentum Factor’s Dominance

Posted on in $SPY, Finance News, IJJ, IJR, IJS, IVE, MTUM, QUAL, USMV, VYM | 0 comments

Momentum-based strategies have led the factor-investing horse race for US equities in recent history, but the latest surge in market volatility may be its undoing. For the trailing 30-day period, the momentum factor’s modest loss leaves it in last place, based on a set of ETFs tracking key US-based factor strategies. By contrast, the best-performing […]

Losses Dominate Year-To-Date Performances For US Equity Sectors

Posted on in $SPY, Finance News, VNQ, VOX, XLK, XLP, XLY | 0 comments

The revival of volatility in the US stock market this year has taken a toll on most equity sectors. Only two out of 11 sectors – consumer discretionary and technology – are posting year-to-date gains at the moment, based on a set of ETFs. The top performer so far in 2018: Consumer Discretionary SPDR (XLY), […]

Considering Skewness Of Returns As A Risk Metric

Posted on in $AGG, $SPY, Finance News | 0 comments

Intech Investment Management recently published a primer on monitoring market stress by way of several risk metrics, including skewness of returns (SoR). In the grand scheme of quantifying risk, SoR is relatively obscure, but Intech makes a good case for paying more attention to this data. Applied to financial markets, skewness measures the degree of […]

Tech Momentum Shines In Turbulent First Quarter

Posted on in $SPY, Finance News, SR, VNQ, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

It’s been a turbulent year for US stocks so far, but technology shares are an exception as this corner of the market roars higher in 2018. These firms have outperformed both the broad market as well as the other major sectors on a year-to-date basis, based on a set of ETF proxies. Technology SPDR (XLK) […]

Momentum Factor Still Leads After Surge In Market Volatility

Posted on in $SPY, Finance News, IJJ, IJS, IVE, MTUM, QUAL, USMV, VYM | 0 comments

The US stock market this year has taken investors on a white-knuckled ride, but the momentum factor’s performance leadership has remained a constant in the US equity factor space, based on a set of proxy ETFs. For year-to-date performance through yesterday’s close (Mar. 5), the iShares Edge MSCI USA Momentum Factor (MTUM) remains the clear […]

Tech Sector Momentum Still Dominates After Market Turbulence

Posted on in $SPY, Finance News, SR, VNQ, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

The surge in market volatility earlier this month took a toll far and wide, but tech’s leadership endures, based on a set of sector ETFs. A fund that holds a diversified mix of technology shares is trading below its recent highs, but the sector has largely bounced back from the early February correction and continues […]