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 April 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 |
|---|---|---|
| US stock market |
|
|
| US bond market |
|
|
| US Treasuries |
|
|
| US Real Estate |
|
|
| Europe Equities |
|
|
| Japan Equities |
|
|
| Emerging Market Equities |
|
|
| Gold |
|
Portfolios
US Growth Portfolio
T
he portfolio US Growth continued to grow by 1.28% last month. 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 ETF selected in the portfolio for this month is SPY (100%). The portfolio trend for this month is measurably bullish with a Trend Score in decline of 8 out of 10. The degree of risk of the strategy for this month is low with a Risk Score unchanged of 3 out of 10.
The 1-year performance of this strategy is 28.14%. Since opening the portfolio at eToro in November 2019, the strategy has performed 124.28%, in comparison, the benchmark asset (S&P 500) has advanced 84.97%. 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 23.90% 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: -23.90%
- eToro portfolio
US Balanced Portfolio
T
he portfolio US Balanced continued to grow by 1.29% in March. The strategy combines an allocation in US bonds (30%) with the US Growth portfolio (70%). The trend in the US bond market for April is lightly bullish. The ETF selected in the bond part for this month is JNK. The 2 ETFs of the portfolio for this month are SPY (70%) and JNK (30%). The portfolio trend for April is bullish with a Trend Score in decline of 6 out of 10. The degree of risk of the strategy for April is low with a Risk Score in regression of 2 out of 10.
The 1-year trailing return of this strategy is 14.94%.
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 continued to grow by 1.77% in March. 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 asset allocation is as follows: SPY (39%), IEF (15%), EFA (9%), IWM (9%), GLD (9%), EWJ (9%) and QQQ (9%). The portfolio trend for April is bullish with a Trend Score stable of 6 out of 10. The degree of risk of the strategy for April is low with a Risk Score in growth of 3 out of 10.
The 1-year change of this strategy is 10.70%.
This strategy provides a broad geographic diversification for investors who want an international exposure.
Global Stable Portfolio
T
he portfolio Global Stable continued to gain ground by 1.99% in March. The overall market trend for this month is measurably bullish. By analyzing a diverse multi-market composed of 12 Exchange Traded Funds (stocks, bonds, gold, real estate, international and emerging markets...), we observe that 11 securities show a positive evolution. Our model allocates 83% to Risk-On assets and 16% to Risk-Off assets. The 7 Exchange Traded Funds of the portfolio for this month are IEF (22%), EFA (13%), IWM (13%), GLD (13%), SPY (13%), EWJ (13%) and QQQ (13%). The portfolio trend for this month is positive with a Trend Score stable of 5 out of 10. The degree of risk of the strategy for this month is low with a Risk Score in expansion of 3 out of 10.
The 1-year trailing return of this strategy is 6.30%.
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
SPY SPDR S&P 500 ETF
- S&P 500
The SPY Exchange-Traded Fund from SPDR, which monitors 500 largest US companies, continued to grow by 2.95% in March. The performance over a period of 1 year of this ETF is 27.87%. The trend in April is measurably bullish with a Trend Score unchanged of 8 out of 10. The level of risk of this ETF in April is low with a Risk Score unchanged of 3 out of 10. This ETF is invested in the strategies US Growth, Global Stable, Global Conservative and US Balanced this month.
EWJ iShares MSCI JAPAN ETF
- Japan Equities
The EWJ Exchange-Traded Fund from iShares, which mimics the Japanese market, continues its strong increase of 3.23% in March. The performance over a period of 1 year of this ETF is 22.41%. The trend in this month is strongly positive with a Trend Score steady of 7 out of 10. The degree of risk of this ETF in this month is low with a Risk Score in regression of 2 out of 10. This ETF is present in the portfolios Global Stable and Global Conservative this month.
GLD SPDR Gold
- Gold
The GLD ETF, which monitors gold, holds out its strong increase of 8.67% in March. The evolution of the performance of this equity over 1 year is 12.02%. The trend in April is positive with a Trend Score in progression of 6 out of 10. The level of risk of this equity in April is low with a Risk Score in progression of 3 out of 10. This equity is invested in the portfolios Global Stable and Global Conservative in April.
QQQ Invesco QQQ
- Nasdaq 100
The QQQ ETF, which replicates large-cap US technology companies, continued to gain ground by 1.14% in March. The performance over a period of 1 year of this equity is 38.75%. The trend in April is bullish with a Trend Score in regression of 6 out of 10. The degree of risk of this equity in April is low with a Risk Score unchanged of 3 out of 10. This equity is invested in the portfolios Global Stable and Global Conservative in April.
MDY SPDR S&P Midcap 400
- Midcap 400
The MDY ETF, which measures mid-cap U.S. Equities, continues its strong increase of 5.38% in March. The 1 year trailing return of this ETF is 21.40%. The trend in April is positive with a Trend Score in regression of 6 out of 10. The degree of risk of this ETF in April is low with a Risk Score constant of 3 out of 10.
IWM iShares Russell 2000 ETF
- US Small Cap Equities
The IWM ETF, which monitors small public U.S. companies, continues its strong rise of 3.22% in March. The performance over a period of 1 year of this ETF is 17.98%. The trend in April is bullish with a Trend Score in decline of 4 out of 10. The level of risk of this ETF in April is low with a Risk Score in decline of 3 out of 10. This ETF is present in the strategies Global Stable and Global Conservative in April.
EFA iShares MSCI EAFE ETF
- Europe, Australia and Far East Equities
The EFA ETF, which monitors a broad range of companies in Europe, Australia and the Far East, continues its strong rise of 3.38% in March. The performance over a period of 1 year of this equity is 11.27%. The trend in April is positive with a Trend Score in decline of 4 out of 10. The level of risk of this equity in April is low with a Risk Score stable of 3 out of 10. This equity is present in the strategies Global Stable and Global Conservative in April.
VGK Vanguard FTSE Europe ETF
- Europe Equities
The VGK ETF from Vanguard, which monitors the FTSE Europe All Cap Index, continues its strong rise of 3.25% in March. The performance over a period of 1 year of this equity is 11.67%. The trend in April is weakly positive with a Trend Score stable of 3 out of 10. The level of risk of this equity in April is low with a Risk Score stable of 3 out of 10.
VNQ Vanguard Real Estate ETF
- US Real Estate
The VNQ Exchange-Traded Fund, which measures stocks issued by real estate investment trusts (REITs), continued to grow by 1.09% last month. The 1 year trailing return of this ETF is 3.61%. The trend in this month is weakly positive with a Trend Score in decline of 2 out of 10. The level of risk of this ETF in this month is low with a Risk Score constant of 3 out of 10.
JNK SPDR Bloomberg High Yield Bond
- High Yield Bonds
The JNK Exchange-Traded Fund from SPDR, which monitors US high yield bonds, bounced back 0.61% in March. The evolution of the performance of this ETF over 1 year is 3.26%. The trend in April is lightly positive with a Trend Score in decline of 2 out of 10. The level of risk of this ETF in April is low with a Risk Score constant of 1 out of 10. This ETF is invested in the portfolio US Balanced this month.
EEM iShares MSCI Emerging Markets ETF
- Emerging Market Equities
The EEM ETF, which replicates large and mid-sized companies in emerging markets, continued to gain ground by 2.73% in March. The evolution of the performance of this ETF over 1 year is 5.13%. The trend in April is lightly bullish with a Trend Score stable of 2 out of 10. The degree of risk of this ETF in April is low with a Risk Score stable of 3 out of 10.
TLT iShares 20+ Year Treasury Bond ETF
- Long-Term US Treasuries
The TLT ETF, which replicates the long-term sector of the U.S. Treasury market, bounced back 0.47% in March. The evolution of the performance of this equity over 1 year is -11.32%. The trend in April is weakly bullish with a Trend Score in decline of 1 out of 10. The degree of risk of this equity in April is low with a Risk Score steady of 3 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, shifted upwards 0.47% in March. The evolution of the performance of this equity over 1 year is -5.05%. The trend in April is lightly bullish with a Trend Score in regression of 1 out of 10. The degree of risk of this equity in April is low with a Risk Score in regression of 2 out of 10. This equity is invested in the portfolios Global Stable and Global Conservative in April.
LQD iShares iBoxx $ Investment Grade Corporate Bond
- US Corporate Bonds
The LQD ETF from iShares, which tracks a basket of U.S. corporate bonds, shifted upwards 1.17% in March. The 1 year trailing return of this Exchange-Traded Fund is -0.92%. The trend in April is weakly bullish with a Trend Score in regression of 1 out of 10. The degree of risk of this Exchange-Traded Fund in April is low with a Risk Score in regression of 1 out of 10.
BND Vanguard Total Bond Market ETF
- US Total Bond Market
The BND Exchange-Traded Fund from Vanguard, which measures a wide variety of US government and US corporate bonds, bounced back 0.57% in March. The 1 year trailing return of this ETF is -1.37%. The trend in April is lightly positive with a Trend Score in decline of 1 out of 10. The level of risk of this ETF in April is low with a Risk Score in decline of 1 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.