Archive for September, 2013

Sector, Dividend and International Stocks Performance vs S&P 500

Sunday, September 29th, 2013

These charts plot the percentage performance of 10 sector ETFs (and 4 industry ETFs) versus the S&P 500 (represented by SPY).  They also show the relative performance of key dividend ETFs, international ETFs versus SPY.

The black line is the subject ETF.  The green line is SPY .  The red line is the ratio of the performance of the subject ETF to SPY.

US industrials, healthcare and cyclicals appear to be the strongest relative sector performers. Biotech is particularly strong as an industry.  Insurance is holding its own versus the S&P 500, and is stronger relative to the S&P 500 than the financial sector overall.

Utilities are the weakest relative performers, and pipelines and equity REITs are weak relative performance industries.

Dividend ETFs have been favorable relative performers until just recently when QE taper was suggested; and they are now flat to slightly down in relative performance.

High quality stocks gain an advantage in the past which they have held steady in the past few years, neither gaining nor losing relative performance.  Low volatility has underperformed and recently has lost relative performance as more volatile stocks gains favor.

Europe and the U.S. were moving up together until later in 2011. Europe had its big credit scare and declined.  It found footing and traded sideways until mid-2012 and since then has been trading parallel with the U.S.

Japan had a spurt of favorable relative performance in the first part of 2013 due to enthusiasm for “Abenomics”, but has since traded sideways, losing relative ground to the U.S.

AsiaPacific ex Japan fell away in the second quarter of 2013, and is recovering recently, resulting in short-term stronger relative performance.

Emerging markets have been trading flat within a range for the past approximate two years, creating substantial relative under-performance.

China’s volatile under-performance shows a slight tilt toward improvement.  Brazil’s under-performance is severe and continuing.

TEN S&P 500 SECTORS

XLB

xle

XLF

XLI

XLP

XLU

XLV

XLY

VGT

VOX

TWO REAL ASSET CATEGORIES

VNQ

AMJ

SOME CURRENTLY INTERESTING INDUSTRIES

IBB

KIE

DIVIDEND ETFs

SDY

VIG

VYM

FDL

FVD

S&P 500 HIGH QUALITY AND LOW VOLATILITY

SPHQ

SPLV

INTERNATIONAL ETFs

VGK

EWJ

EPP

VWO

GXC

EWZ