This document has been compiled using indicators provided by the Market-Signals trading bot which studies global market data. This document shows the evolution of the strategies proposed by the bot and gives the trends of a selection of ETFs, which follow the main world markets, for March 2024. The strategies hold only long positions. No leverage is used. This document is for information purposes only and should not be taken as investment advice.
Global Market Breadth
| Market | Trend | Direction |
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| US stock market |
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| US bond market |
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| US Treasuries |
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| US Real Estate |
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| Europe Equities |
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| Japan Equities |
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| Emerging Market Equities |
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| Gold |
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Portfolios
US Growth Portfolio
T
he portfolio US Growth holds out its strong increase of 5.28% in February. We find a positive trend in the U.S. stock market, we assume a Risk-On market regime and the portfolio is allocated to a U.S. equity ETF. The asset allocation does not change in March. The ETF selected in the portfolio for this month is QQQ (100%). The portfolio trend for March is strongly positive with a Trend Score steady of 9 out of 10. The level of risk of the strategy for March is low with a Risk Score in regression of 3 out of 10.
The 1-year trailing return of this portfolio is 38.53%. Since opening the portfolio at eToro in November 2019, the strategy has performed 121.43%, in comparison, the benchmark asset (S&P 500) has advanced 79.20%. The strategy has suffered a maximum loss of 19.95% since the portfolio opened at eToro, compared to the benchmark asset (S&P 500) which lost 23.92% at maximum.
This strategy captures the U.S. stock market growth for long-term investors who want high returns.
Since inception at eToro
Max drawdown
Since inception at eToro
Portfolio: -19.95%
S&P 500: -23.92%
- eToro portfolio
US Balanced Portfolio
T
he portfolio US Balanced continues its strong increase of 3.49% in February. The strategy combines an allocation in US bonds (30%) with the US Growth portfolio (70%). The trend in the US bond market for this month is positive. The 2 ETFs of the bond part for this month are LQD and JNK. The ETFs that make up the portfolio do not change this month. The asset allocation is as follows: QQQ (70%), JNK (15%) and LQD (15%). The portfolio trend for this month is measurably bullish with a Trend Score in regression of 7 out of 10. The level of risk of the strategy for this month is low with a Risk Score unchanged of 3 out of 10.
The 1-year change of this portfolio is 22%.
This strategy provides a balanced stocks and bonds allocation for investors who want a U.S. market exposure with limited risks.
Global Conservative Portfolio
T
he portfolio Global Conservative continues its strong rise of 3.09% in February. The Strategy combines a multi-market protective asset allocation strategy (Global Stable portfolio 70%) and a US stock market strategy (US Growth portfolio 30%). The 6 Exchange Traded Funds of the portfolio for this month are QQQ (39%), EFA (9%), JNK (9%), EWJ (9%), SPY (9%) and IWM (9%). The portfolio trend for March is bullish with a Trend Score stable of 6 out of 10. The level of risk of the strategy for this month is low with a Risk Score steady of 2 out of 10.
The 1-year trailing return of this strategy is 11.90%.
This strategy provides a broad geographic diversification for investors who want an international exposure.
Global Stable Portfolio
T
he portfolio Global Stable bounced back 2.42% in February. The overall market trend for March is strongly positive. By analyzing a diverse multi-market composed of 12 ETFs (stocks, bonds, gold, real estate, international and emerging markets...), we observe that 11 assets show a positive evolution. Our model allocates 83% to Risk-On assets and 16% to Risk-Off assets. The portfolio contains the following 6 ETFs: JNK (13%), EFA (13%), IWM (13%), EWJ (13%), SPY (13%) and QQQ (13%). The portfolio trend for March is bullish with a Trend Score unchanged of 5 out of 10. The level of risk of the strategy for March is low with a Risk Score constant of 2 out of 10.
The 1-year performance of this portfolio is 4.25%.
This is the safest strategy, the one with the lowest volatility and the least max drawdown of the 4 offered, that makes this strategy an alternative to a 1-Year Term Deposit.
ETF Trends
QQQ Invesco QQQ
- Nasdaq 100
The QQQ ETF, which follows 100 largest US companies in the non-financial sector, continues its strong increase of 5.28% in February. The performance over a period of 1 year of this ETF is 49.83%. The trend in March is measurably bullish with a Trend Score unchanged of 9 out of 10. The level of risk of this ETF in March is low with a Risk Score in decline of 3 out of 10. This ETF is invested in the strategies US Growth, Global Stable, Global Conservative and US Balanced in March.
SPY SPDR S&P 500 ETF
- S&P 500
The SPY ETF, which tracks the US large-cap space, holds out its strong increase of 5.22% last month. The 1 year trailing return of this ETF is 28.28%. The trend in this month is strongly positive with a Trend Score stable of 8 out of 10. The degree of risk of this ETF in this month is low with a Risk Score in regression of 3 out of 10. This ETF is present in the strategies Global Stable and Global Conservative in March.
MDY SPDR S&P Midcap 400
- Midcap 400
The MDY Exchange-Traded Fund from SPDR, which monitors mid-cap U.S. stocks, rebounds promptly by 5.91% in February. The evolution of the performance of this ETF over 1 year is 11.39%. The trend in this month is strongly positive with a Trend Score in progression of 8 out of 10. The level of risk of this ETF in this month is low with a Risk Score unchanged of 3 out of 10.
EWJ iShares MSCI JAPAN ETF
- Japan Equities
The EWJ ETF, which follows the performance of large cap Japanese stocks, continues its strong increase of 4.40% in February. The performance over a period of 1 year of this ETF is 25.45%. The trend in March is measurably bullish with a Trend Score constant of 7 out of 10. The level of risk of this ETF in March is low with a Risk Score constant of 3 out of 10. This ETF is invested in the portfolios Global Stable and Global Conservative in March.
IWM iShares Russell 2000 ETF
- US Small Cap Equities
The IWM ETF from iShares, which follows 2000 small-cap US stocks, rebounds sharply by 5.63% in February. The performance over a period of 1 year of this Exchange-Traded Fund is 7.98%. The trend in March is measurably bullish with a Trend Score unchanged of 7 out of 10. The level of risk of this Exchange-Traded Fund in March is medium with a Risk Score in progression of 4 out of 10. This Exchange-Traded Fund is invested in the portfolios Global Stable and Global Conservative in March.
EFA iShares MSCI EAFE ETF
- Europe, Australia and Far East Equities
The EFA Exchange-Traded Fund from iShares, which tracks markets in Europe, Australia and the Far East, bounced back 2.99% in February. The 1 year trailing return of this Exchange-Traded Fund is 11.59%. The trend in March is bullish with a Trend Score in regression of 5 out of 10. The degree of risk of this Exchange-Traded Fund in March is low with a Risk Score stable of 3 out of 10. This ETF is present in the strategies Global Stable and Global Conservative this month.
VNQ Vanguard Real Estate ETF
- US Real Estate
The VNQ ETF from Vanguard, which tracks a broad exposure to U.S. equity REITs, shifted upwards 1.98% in February. The 1 year trailing return of this equity is 0%. The trend in March is bullish with a Trend Score in regression of 4 out of 10. The degree of risk of this equity in March is low with a Risk Score stable of 3 out of 10.
BND Vanguard Total Bond Market ETF
- US Total Bond Market
The BND ETF, which replicates a wide variety of US government and US corporate bonds, receded 1.65% last month. The performance over a period of 1 year of this ETF is 0%. The trend in March is lightly positive with a Trend Score in regression of 3 out of 10. The degree of risk of this ETF in March is low with a Risk Score in growth of 2 out of 10.
IEF iShares 7-10 Year Treasury Bond ETF
- Intermediate-term US Treasuries
The IEF ETF, which monitors an index composed of U.S. Treasury bonds with remaining maturities between 7 and 10 years, dropped 2.32% in February. The evolution of the performance of this ETF over 1 year is -1.05%. The trend in March is lightly positive with a Trend Score in decline of 3 out of 10. The level of risk of this ETF in March is low with a Risk Score in rise of 3 out of 10.
JNK SPDR Bloomberg High Yield Bond
- High Yield Bonds
The JNK ETF, which measures the Bloomberg Barclays US High Yield index, retreated 0.26% in February. The evolution of the performance of this equity over 1 year is 3.30%. The trend in March is weakly bullish with a Trend Score in decline of 3 out of 10. The level of risk of this equity in March is low with a Risk Score unchanged of 1 out of 10. This equity is invested in the strategies Global Stable, Global Conservative and US Balanced in March.
TLT iShares 20+ Year Treasury Bond ETF
- Long-Term US Treasuries
The TLT ETF from iShares, which tracks U.S. Treasury bonds with remaining maturities greater than twenty years, dropped 2.57% in February. The 1 year trailing return of this Exchange-Traded Fund is -6.93%. The trend in March is weakly positive with a Trend Score in regression of 3 out of 10. The degree of risk of this Exchange-Traded Fund in March is low with a Risk Score stable of 3 out of 10.
VGK Vanguard FTSE Europe ETF
- Europe Equities
The VGK Exchange-Traded Fund from Vanguard, which replicates a portfolio of companies from European countries, shifted upwards 2.40% in February. The evolution of the performance of this Exchange-Traded Fund over 1 year is 10.17%. The trend in March is lightly bullish with a Trend Score in regression of 3 out of 10. The degree of risk of this Exchange-Traded Fund in March is low with a Risk Score stable of 3 out of 10.
GLD SPDR Gold
- Gold
The GLD ETF, which mimics the gold market, bounced back 0.46% last month. The performance over a period of 1 year of this ETF is 11.83%. The trend in March is weakly bullish with a Trend Score in regression of 2 out of 10. The degree of risk of this ETF in March is low with a Risk Score steady of 2 out of 10.
LQD iShares iBoxx $ Investment Grade Corporate Bond
- US Corporate Bonds
The LQD ETF, which monitors a broad range of U.S. investment grade corporate bonds, dropped 2.28% in February. The evolution of the performance of this ETF over 1 year is 1.90%. The trend in March is lightly positive with a Trend Score in decline of 2 out of 10. The level of risk of this ETF in March is low with a Risk Score in growth of 2 out of 10. This equity is invested in the strategy US Balanced in March.
EEM iShares MSCI Emerging Markets ETF
- Emerging Market Equities
The EEM ETF from iShares, which monitors a broad range of emerging market companies, rebounds sharply by 4.17% in February. The evolution of the performance of this Exchange-Traded Fund over 1 year is 2.63%. The trend in March is lightly positive with a Trend Score in growth of 2 out of 10. The level of risk of this Exchange-Traded Fund in March is low with a Risk Score constant of 3 out of 10.
Compliance disclaimer
This communication is for information and education purposes only and should not be taken as investment advice, a personal recommendation,
or an offer of, or solicitation to buy or sell, any financial instruments.
Natevia makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication,
which has been prepared utilizing publicly-available information.
Past Performance is not indicative of future results.