For Week ended Friday, May 9, 2008, as of Friday's close

3-Year Outperformance by the
Top 10 Exchange Traded Funds

Weekly Rankings of Major Trend Relative Strength

My weekly Top 10 ETFs ranked by the Major Trend Relative Strength gained 3.55 times more, or 67.18 percentage points more, than the S&P 500 since August, 2004, in simulation. Click here for a graph of simulated performance.

To arrive at my Top 10 ETF picks, I first calculate a six-month rate of change (approximately) of price. Next, I add in filters to dampen random noise. I rank all the ETFs in my universe from highest rate of change to lowest rate of change. Finally, I pick the highest 10 ETFs each week. These “Top 10” are the best performing ETFs, the ones with the best major trend momentum.

Please note that this is a high-volatility strategy: the stocks that go up the most when the stock market is in a Bullish trend often go down the most during market corrections to the downside.

Please note that this Top 10 list is a research study and is not investment advice. Your use of this site means that you have read, understood, and accepted my Disclaimer.

Weekly Rank, Name, Symbol

100 Oil, Crude, U.S. Oil Fund, USO
99 Commodity Tracking, DBC
99 Brazil Index, EWZ
98 Metals & Mining SPDR, XME
98 Energy Exploration & Prod, PXE
97 Oil & Gas, PXJ
97 Latin Am 40, ILF
97 Oil Services H, OIH
96 Energy VIPERs, VDE
96 Natural Resource iS GS, IGE

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For Week ended Friday, May 9, 2008, as of Friday's close

Exchange Traded Funds
Weekly Rankings of Major Trend Relative Strength

Each week, at the end of the week, I rank 238 Exchange Traded Funds (ETFs), based on my updated version of the Screening Method for Analysis of Relative Strength. For details on this method, see my book, pages 604-609. Below, I ranked 238 ETFs as of the posting date, above.

Research studies suggest that ETFs ranked in the top quintile (highest fifth) of the list (with a rank of 80 and higher) may have a greater probability of outperforming the market in the months ahead. Conversely, ETFs ranked in the bottom quintile (lowest fifth), below 20, may have a greater probability of underperforming the market in the months ahead.

Interpretation:
100 to 80, Buy
79 to 60, Hold
59 to 40, Neutral, Market Perform
39 to 20, Avoid
19 to 0, Sell

Please note that this screen is not investment advice. Your use of this site means that you have read, understood, and accepted my Disclaimer.

Weekly Rank, Name, Symbol

100 Oil, Crude, U.S. Oil Fund, USO
99 Commodity Tracking, DBC
99 Brazil Index, EWZ
98 Metals & Mining SPDR, XME
98 Energy Exploration & Prod, PXE
97 Oil & Gas, PXJ
97 Latin Am 40, ILF
97 Oil Services H, OIH
96 Energy VIPERs, VDE
96 Natural Resource iS GS, IGE
95 Energy SPDR, XLE
95 Energy DJ, IYE
94 Energy Global, IXC
94 Basic Materials DJ US, IYM
94 Canada Index, EWC
93 Emerging 50 BLDRS, ADRE
93 Materials VIPERs, VAW
92 Gold Shares S.T., GLD
92 Silver Trust iS, SLV
91 Materials SPDR, XLB
91 Transportation Av DJ, IYT
91 Emerging Markets, EEM
90 Emerging VIPERs, VWO
90 IPOs, First Tr IPOX-100, FPX
89 Spain Index, EWP
89 Water Resources, PHO
89 MidCap Growth iS M, JKH
88 Growth MidCap 400 B, IJK
88 Internet Architecture H, IAH
87 South Africa Index, EZA
87 Growth Mid Cap Dynamic PS, PWJ
86 Biotech SPDR, XBI
86 Australia Index, EWA
86 China LargeCap Growth G D H USX PS, PGJ
85 Taiwan Index, EWT
85 Mexico Index, EWW
84 Software, IGV
84 Singapore Index, EWS
83 Austria Index, EWO
83 Growth LargeCap NASDAQ 100, QQQQ
83 Germany Index, EWG
82 Growth EAFE MSCI, EFG
82 China 25 iS, FXI
81 Internet B2B H, BHH
81 MidCap S&P 400 iS, IJH
80 Bond, TIPS, TIP
80 Growth MidCap S&P 400, RFG
80 Pacific ex-Japan, EPP
79 Bond, 10 Year Treasury, IEF
79 MidCap S&P 400 SPDRs, MDY
78 Growth VIPERs, VUG
78 Growth MidCap Russell, IWP
77 Technology GS, IGM
77 Netherlands Index, EWN
77 Growth LargeCap iS M, JKE
76 Growth Large Cap, ELG
76 Asia 50 BLDRS, ADRA
75 Technology Global, IXN
75 Utilities, PUI
74 Info Tech VIPERs, VGT
74 Industrial SPDR, XLI
74 Utilities DJ, IDU
73 Technology DJ US, IYW
73 Bond, 1-3 Year Treasury, SHY
72 Bond, 20+ Years Treasury, TLT
72 Hong Kong Index, EWH
71 Bond, Aggregate, AGG
71 Industrial LargeCap Blend DJ US, IYJ
71 France Index, EWQ
70 Semiconductors, PSI
70 Sweden Index, EWD
69 Industrials VIPERs, VIS
69 Consumer Staples SPDR, XLP
69 EMU Europe Index, EZU
68 Growth S&P 500, RPG
68 Lg Cap Growth PSD, PWB
67 Growth 1000 Russell, IWF
67 Utilities VIPERs, VPU
66 Value 40 Large Low P/E FT DB, FDV
66 Growth S&P 500/BARRA, IVW
66 Utilities SPDR, XLU
65 Short 100% S&P 500, SH
65 Semiconductor SPDR, XSD
64 Technology SPDR, XLK
64 Growth LargeCap Russell 3000, IWZ
63 MidCap Russell, IWR
63 Value MidCap S&P 400 B, IJJ
63 Aerospace & Defense, PPA
62 Growth SmallCap VIPERs, VBK
62 Euro STOXX 50, FEZ
61 Bond, Corp, LQD
61 Consumer Staples VIPERs, VDC
60 Technology MS sT, MTK
60 MidCap Blend Core iS M, JKG
60 Dividend International, PID
59 European VIPERs, VGK
59 Value Line Timeliness MidCap Gr, PIV
58 MidCap VIPERs, VO
58 Switzerland Index, EWL
57 LargeCap Blend NYSE Composite iS, NYC
57 EAFE Index, EFA
57 Pacific VIPERs, VPL
56 Developed 100 BLDRS, ADRD
56 Food & Beverage, PBJ
55 Europe 350 S&P Index, IEV
55 Short 100% Dow 30, DOG
54 Semiconductor H, SMH
54 DIAMONDS (DJIA), DIA
54 Short 200% S&P 500 PS, SDS
53 Global 100, IOO
53 Extended Mkt VIPERs, VXF
52 Biotech & Genome, PBE
52 Value LargeCap Euro STOXX 50 DJ, FEU
51 Software H, SWH
51 Growth LargeCap NASDAQ Fidelity, ONEQ
51 Growth BARRA Small Cap 600, IJT
50 Malaysia Index, EWM
50 Dividend Appreciation Vipers, VIG
49 Telecommunications Global, IXP
49 Belgium Index, EWK
49 Japan LargeCap Blend TOPIX 150, ITF
48 WilderHill Clean Energy PS, PBW
48 Building & Construction, PKB
47 LargeCap VIPERs, VV
47 Value LargeCap Dynamic PS, PWV
46 LargeCap Blend Total Market DJ, IYY
46 LargeCap 1000 R, IWB
46 Ultra MidCap400 Double, MVV
45 Wilshire 5000 ST TM, TMW
45 Blend Total Market VIPERs, VTI
44 Retail H, RTH
44 LargeCap Blend Core iS M, JKD
43 LargeCap Blend S&P 1500 iS, ISI
43 Japan Index, EWJ
43 Small Cap VIPERs, VB
42 Utilities H, UTH
42 Europe 100 BLDRS, ADRU
41 Growth Small Cap DJ, DSG
41 LargeCap Blend Russell 3000, IWV
40 Value MidCap Russell, IWS
40 S&P 500 SPDRs LargeCap Blend, SPY
40 LargeCap Blend Socially Responsible iS, KLD
39 S&P 500 iS LargeCap Blend, IVV
39 Ultra QQQ Double, QLD
38 Biotechnology, IBB
38 Growth SmallCap R 2000, IWO
37 SmallCap Core iS M, JKJ
37 Growth SmallCap iS M, JKK
37 REIT VIPERs, VNQ
36 LargeCap Blend Dynamic PS, PWC
36 LargeCap Blend S&P=Weight R, RSP
35 United Kingdom Index, EWU
35 Realty Cohen & Steers, ICF
34 LargeCap Blend S&P 100, OEF
34 REIT Wilshire, RWR
34 Global Titans, DGT
33 Consumer Non-Cyclical, IYK
33 Short 200% Dow 30 PS, DXD
32 Value MidCap S&P 400, RFV
32 SmallCap S&P 600, IJR
31 Value EAFE MSCI, EFV
31 LargeCap Rydex Rus Top 50, XLG
31 Internet H, HHH
30 South Korea Index, EWY
30 Value LargeCap NYSE 100 iS, NY
29 Networking, IGN
29 Semiconductor iS GS, IGW
29 Value LargeCap Fundamental RAFI 1000, PRF
28 Value SmallCap VIPERS, VBR
28 Dividend Achievers PS, PFM
27 Software, PSJ
27 Value 1000 Russell, IWD
26 Italy Index, EWI
26 Value LargeCap Russell 3000, IWW
26 Real Estate US DJ, IYR
25 SmallCap Russell 2000, IWM
25 Biotech H, BBH
24 Short 100% MidCap 400, MYY
24 Consumer Cyclical DJ, IYC
23 Value Small Cap DJ, DSV
23 Value SmallCap iS M, JKL
23 Value Large Cap DJ, ELV
22 OTC Dynamic PS, PWO
22 Value SmallCap S&P 600 B, IJS
21 Value S&P 500 B, IVE
21 Value SmallCap Dynamic PS, PWY
20 Broadband H, BDH
20 Networking, PXQ
20 Value VIPERs, VTV
19 Short 100% QQQ, PSQ
19 Value SmallCap Russell 2000, IWN
18 Dividend Growth PS, PHJ
18 Pharmaceuticals, PJP
17 Value LargeCap iS M, JKF
17 Insurance, PIC
17 Telecom H, TTH
16 Value MidCap iS M, JKI
16 Growth SmallCap Dynamic PS, PWT
15 Consumer Discretionary SPDR, XLY
15 Value MidCap Dynamic PS, PWP
14 Dividend SPDR, SDY
14 Leisure & Entertainment, PEJ
14 Healthcare DJ, IYH
13 Ultra Dow30 Double, DDM
13 Telecom Services VIPERs, VOX
12 Health Care VIPERs, VHT
12 Retail, PMR
11 Consumer D. VIPERs, VCR
11 Health Care SPDR, XLV
11 Healthcare Global, IXJ
10 SmallCap PS Zacks, PZJ
10 Financials Global LargeCap Value, IXG
9 Telecom DJ US, IYZ
9 Pharmaceutical H, PPH
9 Dividend DJ Select, DVY
8 Nanotech Lux, PXN
8 Ultra S&P500 Double, SSO
7 Value S&P 500, RPV
7 Microcap Russell, IWC
6 Hardware & Electronics, PHW
6 Short 200% MidCap 400 PS, MZZ
6 Bank Regional H, RKH
5 Telecommunications & Wireless, PTE
5 Micro Cap Zachs, PZI
4 Capital Markets KWB ST, KCE
4 Homebuilders SPDR, XHB
3 Short 200% QQQ PS, QID
3 Financials VIPERs, VFH
3 Financial DJ US, IYF
2 Dividend Leaders, FDL
2 Value SmallCap S&P 600, RZV
1 Financial SPDR, XLF
1 Financial Services DJ, IYG
0 Dividend High Yield Equity PS, PEY
0 Internet Infrastructure H, IIH

Best Wishes,

      

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