Major Market ETFs

Here's how major market ETFs have performed so far in 2016.  Performance matrix is courtesy of Stockcharts.com and you can click on the chart if you want  to see a larger view.  Owning an equal weighted portfolio of this  entire basket would have returned you on average 1.50% without adding in dividends.   That's not a great return but we have to remember that we started deep in the hole with last winter's market swoon.

The biggest drag on this portfolio would have been the technology and biotech heavy Nasdaq related ETFs.  Best performer is the S&P 500 Equal Weighted ETF {RSP}.  That likely has to do with the rebound in energy related companies this year.  Last year's collapse in oil caused RSP to underperform versus the S&P 500 so in a sense RSP is playing catch-up.  

Back Monday.

*Long all of these ETFs in various weightings or long ETFs related to these positions in client and personal portfolios.  Please note that positions can change at any time without notice on this blog or on any other medium where we post.