With my ETF Master List now containing 497 ETFs, the investment choices are becoming definitely overwhelming to some. Using momentum figures, as displayed in my weekly StatSheet, makes it easy to sort out those performers that are worthy your attention and discard those which are heading in the wrong direction.
Here are the top five ETFs, which I have sorted based on YTD performance and grouped by reference to the famous Clint Eastwood movie bearing the same title:
The Good:
SLX +51.39%
EWZ +31.40%
EWY +37.25%
PXJ +35.92%
TF +35.33%
The Bad:
STH -0.04%
IXG -0.18%
KCE -0.39%
FXM -0.46%
FVD -0.48%
The Ugly:
KRE -14.86%
DCR -21.82%
TBH -25.32%
XHB -25.35%
ITB -33.37%
Keep in mind that this is just a snapshot in time. Look at this as a ‘big picture’ overview of YTD performance. It will tell you which areas to consider and, more importantly, which ones to avoid.