If we purchased the top 2
ETFs as gauged by a combination of their 6 month return, 3 month return, and 3 month volatility, and rebalanced monthly, the results are below:
If we purchased the top 2
ETFs as gauged by a combination of their 6 month return, 3 month return, and 3 month volatility, and rebalanced monthly, the results are below:
Not exact matches
Yet the sector
as gauged by the SPDR S&P Bank
ETF was off 1.2 percent in early afternoon trading, with all of the banks that reported off at least 2 percent.
Combined with other indicators of market length, such
as Comex net longs and
ETF holdings, it also enables market watchers to have a better
gauge of market positioning.
Unfortunately, it is next to impossible to
gauge the financial viability of a startup
ETF company,
as many are privately held.
As discussed earlier, the INAV can become stale and fail to be an accurate
gauge of where a bond
ETF should be trading.