Technical scan of the 75 largest ETFs in the world.
The list is shown below sorted by AUM which is Assets under management. It’s basically the total market value of assets that an investment company or institution manages on behalf of investors.
Here is that list sorted by JXM strength (left) vs JXM weakness (right)
The top 5 via strength is as follows:
IWM – Russell 2000 small caps
IJH – Core SnP Mid caps
VOO – Vanguard SnP 500
LQD – iBoxx $ investment (corporate bond)
MDY – SPDR MidCap trust
The bottom 5 via weakness is as follows
AMLP – Alerian MLP
BKLN – Powershares senior loans
GDX – Gold miners
XLE – SPDR Energy
SHY – 1-3 year Treasury Bond