ETF Scorecard – August 1st Edition

By: ETFdb
Major equity indexes traded sideways for most of the week as earnings and economic data reports flooded the scene. Much to the bulls’ surprise, steep profit taking pressures permeated Wall Street on Thursday, sparking a wave of selling that sent virtually every asset classes tumbling; the S&P 500 Index shed 2% on the day, effectively erasing all of its prior gains accumulated throughout the month of July [see also How Well Do Defensive ETFs Actually Work?]. To help investors keep up with markets, we present our ETF Scorecard, which takes a step back and looks at how various asset classes across the globe are performing. For most of the return comparisons below, we reference trailing 1-week and trailing 1-month returns; this offers a good insight into the prevailing sentiment in the markets by capturing the performances across short-term and longer-term time intervals [for more ETF news and analysis subscribe to our free newsletter]. Risk […] Click here to read the original article on ETFdb.com. Related Posts: ETF Scorecard – July 25th Edition ETF Scorecard – July 18th Edition ETF Scorecard – July 11th Edition ETF Scorecard – June 27th Edition ETF Scorecard – June 20th Edition
Major equity indexes traded sideways for most of the week as earnings and economic data reports flooded the scene. Much to the bulls’ surprise, steep profit taking pressures permeated Wall Street on Thursday, sparking a wave of selling that sent virtually every asset classes tumbling; the S&P 500 Index shed 2% on the day, effectively erasing all of its prior gains accumulated throughout the month of July [see also How Well Do Defensive ETFs Actually Work?]. To help investors keep up with markets, we present our ETF Scorecard, which takes a step back and looks at how various asset classes across the globe are performing. For most of the return comparisons below, we reference trailing 1-week and trailing 1-month returns; this offers a good insight into the prevailing sentiment in the markets by capturing the performances across short-term and longer-term time intervals [for more ETF news and analysis subscribe to our free newsletter]. Risk […]

Click here to read the original article on ETFdb.com.

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