Markets through the lens of ETFs™ Daily Note

5.19.2020

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U.S. Size & Style

S&P 500

Ticker Name Return

HSPX Global X S&P 500 Covered Call ETF 0.86%

PSC Principal U.S. Small-Cap Multi-Factor Index ETF 0.60%

PWC Invesco Dynamic Market ETF 0.30%

DWPP First Trust Dorsey Wright People's Portfolio ETF 0.10%

DUSA Davis Select U.S. Equity ETF 0.05%

VSDA VictoryShares Dividend Accelerator ETF 0.05%

QGRO American Century STOXX U.S. Quality Growth ETF -0.09%

PUTW WisdomTree CBOE S&P 500 PutWrite Strategy Fund -0.16%

PBP Invesco S&P 500 BuyWrite ETF -0.17%

TTAC TrimTabs All Cap US Free-Cash-Flow ETF -0.17%

ENTR ERShares Entrepreneur 30 ETF -0.21%

1-Day Leaders

Ticker Name Return

DIVC C-Tracks ETN Miller/Howard Strategic Dividend Reinvestor -3.47%

DGRS WisdomTree US Smallcap Quality Dividend Growth Fund -2.91%

LVHB Innovator Lunt Low Vol/High Beta Tactical ETF -2.79%

SMDV ProShares Russell 2000 Dividend Growers ETF -2.77%

DES WisdomTree U.S. SmallCap Dividend Fund -2.70%

SPHB Invesco S&P 500 High Beta ETF -2.68%

SLYV SPDR S&P 600 Small Cap Value ETF -2.61%

CSB VictoryShares US Small Cap High Div Volatility Wtd ETF -2.57%

IWN iShares Russell 2000 Value ETF -2.53%

AVUV Avantis U.S. Small Cap Value ETF -2.46%

XSVM Invesco S&P SmallCap Value with Momentum ETF -2.43%

1-Day Laggards

Ticker Name RSI

CCOR Core Alternative ETF 33.79

XSLV Invesco S&P SmallCap Low Volatility ETF 44.96

DWPP First Trust Dorsey Wright People's Portfolio ETF 45.45

SPLV Invesco S&P 500 Low Volatility ETF 45.50

XMLV Invesco S&P MidCap Low Volatility ETF 46.93

PEY Invesco High Yield Equity Dividend Achievers ETF 48.40

SMDV ProShares Russell 2000 Dividend Growers ETF 48.68

LVHD Legg Mason Low Volatility High Dividend ETF 48.96

SPHD Invesco S&P 500 High Dividend Low Volatility ETF 49.26

DVY iShares Select Dividend ETF 49.34

CDL VictoryShares US Large Cap High Div Volatility Wtd ETF 49.71

Most Oversold (14-Day RSI)

Ticker Name RSI

ENTR ERShares Entrepreneur 30 ETF 64.76

FPX First Trust US Equity Opportunities ETF 64.55

MILN Global X Millennials Thematic ETF 63.72

QGRO American Century STOXX U.S. Quality Growth ETF 63.42

GVIP Goldman Sachs Hedge Industry VIP ETF 63.23

JKH iShares Morningstar Mid-Cap Growth ETF 62.76

AIEQ AI Powered Equity ETF 62.64

NUMG Nuveen ESG Mid-Cap Growth ETF 62.56

PBP Invesco S&P 500 BuyWrite ETF 62.51

NULG Nuveen ESG Large-Cap Growth ETF 62.45

QMOM Alpha Architect U.S. Quantitative Momentum ETF 62.36

Most Overbought (14-Day RSI)

-1.67%

-1.03%

-0.55%

-1.93%

-1.36%

-0.94%

-2.43%-2.04%

-1.76%

-3.0%

-2.5%

-2.0%

-1.5%

-1.0%

-0.5%

0.0%

Large Value(IVE)

Large Cap(IVV)

Large Growth(IVW)

Mid Value(IJJ)

Mid Cap(IJH)

Mid Growth(IJK)

Small Value(IJS)

Small Cap(IJR)

Small Growth(IJT)

U.S. Size & Style 1-Day Performance

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U.S. Sectors & Industries

Ticker Name Return

MLPC C-Tracks Miller/Howard MLP Fundamental Index ETN 7.65%

PYZ Invesco DWA Basic Materials Momentum ETF 5.92%

AMZA InfraCap MLP ETF 2.23%

BIZD VanEck Vectors BDC Income ETF 1.71%

MLPI ETRACS Alerian MLP Infrastructure Index ETN 1.70%

AMJ J.P. Morgan Alerian MLP Index ETN 1.65%

AMLP Alerian MLP ETF 1.46%

MLPA Global X MLP ETF 1.40%

XITK SPDR FactSet Innovative Technology ETF 1.39%

MLPB ETRACS Alerian MLP Infrastructure Index ETN Series B 1.36%

AMUB ETRACS Alerian MLP Index ETN Class B 1.25%

1-Day Leaders

Ticker Name Return

IEZ iShares U.S. Oil Equipment & Services ETF -5.13%

XES SPDR S&P Oil & Gas Equipment & Services ETF -5.09%

QABA First Trust NASDAQ ABA Community Bank Index Fund -4.84%

KBWR Invesco KBW Regional Banking ETF -4.75%

KRE SPDR S&P Regional Banking ETF -4.34%

IAT iShares U.S. Regional Banks ETF -4.02%

FTXO First Trust Nasdaq Bank ETF -3.79%

KBE SPDR S&P Bank ETF -3.78%

KBWB Invesco KBW Bank ETF -3.50%

RYE Invesco S&P 500 Equal Weight Energy ETF -3.37%

FXN First Trust Energy AlphaDEX Fund -3.20%

1-Day Laggards

Ticker Name RSI

PTLC Pacer Trendpilot US Large Cap ETF 35.05

DWPP First Trust Dorsey Wright People's Portfolio ETF 45.45

SPLV Invesco S&P 500 Low Volatility ETF 45.50

QABA First Trust NASDAQ ABA Community Bank Index Fund 45.93

XLRE Real Estate Select Sector SPDR Fund 46.00

ICF iShares Cohen & Steers REIT ETF 46.61

KBWP Invesco KBW Property & Casualty Insurance ETF 46.62

KBWR Invesco KBW Regional Banking ETF 47.10

KBWB Invesco KBW Bank ETF 47.19

FTXO First Trust Nasdaq Bank ETF 47.33

IAT iShares U.S. Regional Banks ETF 47.36

Most Oversold (14-Day RSI)

Ticker Name RSI

PNQI Invesco NASDAQ Internet ETF 70.12

PTH Invesco DWA Healthcare Momentum ETF 69.78

XITK SPDR FactSet Innovative Technology ETF 67.54

PTF Invesco DWA Technology Momentum ETF 66.72

AMUB ETRACS Alerian MLP Index ETN Class B 66.41

FDN First Trust Dow Jones Internet Index Fund 66.32

AMU ETRACS Alerian MLP Index ETN 66.27

AMJ J.P. Morgan Alerian MLP Index ETN 65.71

MLPI ETRACS Alerian MLP Infrastructure Index ETN 64.97

AMZA InfraCap MLP ETF 64.96

FXL First Trust Technology AlphaDEX Fund 64.96

Most Overbought (14-Day RSI)

-5.09%

-4.34%

-3.78%

-2.97%

-2.85%

-2.80%

-2.44%

-2.30%

-2.17%

-1.94%

-1.94%

-1.84%

-1.65%

-1.45%

-1.29%

-1.28%

-1.28%

-1.25%

-1.20%

-1.08%

-1.03%

-0.96%

-0.85%

-0.37%

-0.36%

-0.31%

-0.07%

-0.07%

-0.02%

0.04%

0.64%

0.73%

-6.0

%

-5.0

%

-4.0

%

-3.0

%

-2.0

%

-1.0

%

0.0%

1.0%

2.0%

Oil & Gas Equip. & Svcs (XES)

Regional Banking (KRE)

Banks (KBE)

Oil & Gas Expl. & Prod (XOP)

Biotech (XBI)

Energy (XLE)

Financials (XLF)

Capital Mkts (KCE)

Aerospace & Defense (XAR)

Insurance (KIE)

Real Estate (XLRE)

Cons Staples (XLP)

Utilities (XLU)

Health Care Equipment (XHE)

Transportation (XTN)

Homebuilders (XHB)

Industrial (XLI)

Retail (XRT)

Health Care (XLV)

Pharmaceuticals (XPH)

S&P 500 (SPY)

Materials (XLB)

Telecom (XTL)

Technology (XLK)

Cons Discretionary (XLY)

Semiconductor (XSD)

Health Care Svcs (XHS)

Internet (XWEB)

Comm Svcs (XLC)

Software & Svcs (XSW)

Metals & Minging (XME)

Tech Hardware (XTH)

S&P Sector & Industry 1-Day Performance Ticker Fund Name

% From 52W

High

% From 52W

Low

% Abv/Below 50

SMA

% Abv/Below

200 SMARSI (14D)

XLV Health Care Select Sector SPDR Fund -4.49% 34.05% 7.13% 4.56% 55.17XLK Technology Select Sector SPDR Fund -7.18% 35.53% 11.92% 9.90% 61.24XLC Communication Services Select Sector SPDR Fund -9.14% 30.08% 11.79% 3.05% 63.54XLY Consumer Discretionary Select Sector SPDR Fund -9.75% 36.56% 12.68% 0.93% 62.50XLP Consumer Staples Select Sector SPDR Fund -11.67% 17.68% 1.07% -5.38% 47.57XLB Materials Select Sector SPDR Fund -14.23% 37.37% 10.00% -5.68% 57.40XLU Utilities Select Sector SPDR Fund -20.94% 24.91% 0.03% -10.03% 48.26

XLRE Real Estate Select Sector SPDR Fund -24.02% 25.14% -0.82% -14.63% 46.00XLI Industrial Select Sector SPDR Fund -26.59% 28.30% 3.81% -16.18% 52.26XLF Financial Select Sector SPDR Fund -30.73% 22.25% 0.92% -20.37% 48.43XLE Energy Select Sector SPDR Fund -41.28% 60.54% 15.37% -26.39% 55.58

Select Sector SPDRs Technicals

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Developed ex-U.S. Equity Markets

Dev ex-U.S. (VEA)

0.08%

-0.14%-0.53%

-0.79% -0.85% -1.00% -1.08% -1.17%-1.55% -1.74%

-2.22%-2.5%-2.0%-1.5%-1.0%-0.5%0.0%0.5%

Top 10 Dev ex-U.S. Countries' 1-Day Performance

Ticker Name Return

FGM First Trust Germany AlphaDEX Fund 1.72%

ISRA VanEck Vectors Israel ETF 0.70%

IEUS iShares MSCI Europe Small-Cap ETF 0.51%

EWS iShares MSCI Singapore ETF 0.33%

EWY iShares MSCI South Korea ETF 0.08%

FSZ First Trust Switzerland AlphaDEX Fund -0.03%

EWH iShares MSCI Hong Kong ETF -0.14%

EDEN iShares MSCI Denmark ETF -0.22%

EIS iShares MSCI Israel ETF -0.26%

EWUS iShares MSCI United Kingdom Small Cap ETF -0.47%

EWL iShares MSCI Switzerland ETF -0.53%

1-Day Leaders

Ticker Name Return

EWO iShares MSCI Austria ETF -4.58%

EWP iShares MSCI Spain ETF -4.42%

GREK Global X MSCI Greece ETF -3.81%

EWI iShares MSCI Italy ETF -3.19%

IDOG ALPS International Sector Dividend Dogs ETF -2.41%

IDV iShares International Select Dividend ETF -2.31%

EWQ iShares MSCI France ETF -2.22%

FDD First Trust Stoxx European Select Dividend Index Fund -2.21%

EUSC WisdomTree Europe Hedged SmallCap Equity Fund -2.19%

HEWU iShares Currency Hedged MSCI United Kingdom ETF -2.14%

ENZL iShares MSCI New Zealand ETF -2.01%

1-Day Laggards

Ticker Name RSI

EDEN iShares MSCI Denmark ETF 66.51

PIZ Invesco DWA Developed Markets Momentum ETF 61.70

FGM First Trust Germany AlphaDEX Fund 61.63

ISRA VanEck Vectors Israel ETF 59.98

IMOM Alpha Architect International Quantitative Momentum ETF 59.44

SCJ iShares MSCI Japan Small-Cap ETF 58.64

IEUS iShares MSCI Europe Small-Cap ETF 58.44

PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 58.19

IMTM iShares Edge MSCI Intl Momentum Factor ETF 58.14

SCZ iShares MSCI EAFE Small-Cap ETF 57.96

GWX SPDR S&P International Small Cap ETF 57.89

Most Overbought (14-Day RSI)

Ticker Name RSI

EWP iShares MSCI Spain ETF 44.60

EWO iShares MSCI Austria ETF 45.39

EWI iShares MSCI Italy ETF 47.03

FDD First Trust Stoxx European Select Dividend Index Fund 47.43

LVHI Legg Mason International Low Volatility High Dividend ETF 48.20

GREK Global X MSCI Greece ETF 48.24

IDV iShares International Select Dividend ETF 48.70

EWQ iShares MSCI France ETF 49.85

CIZ VictoryShares Developed Enhanced Volatility Wtd ETF 49.85

IDLV Invesco S&P International Developed Low Volatility ETF 50.20

EWUS iShares MSCI United Kingdom Small Cap ETF 50.25

Most Oversold (14-Day RSI)

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EM & Frontier Equity Markets

Emerging (VWO)

Ticker Name Return

FBZ First Trust Brazil AlphaDEX Fund 1.24%

PGJ Invesco Golden Dragon China ETF 0.65%

TUR iShares MSCI Turkey ETF 0.57%

EZA iShares MSCI South Africa ETF 0.27%

FM iShares MSCI Frontier 100 ETF 0.13%

KSA iShares MSCI Saudi Arabia ETF 0.12%

CXSE WisdomTree China ex-State-Owned Enterprises Fund 0.06%

THD iShares MSCI Thailand ETF -0.10%

ARGT Global X MSCI Argentina ETF -0.14%

PAK Global X MSCI Pakistan ETF -0.26%

GXG Global X MSCI Colombia ETF -0.28%

1-Day Leaders

Ticker Name Return

EWW iShares MSCI Mexico ETF -3.81%

SMIN iShares MSCI India Small Cap ETF -3.17%

EPI WisdomTree India Earnings Fund -2.97%

INDA iShares MSCI India ETF -2.81%

ILF iShares Latin America 40 ETF -2.51%

PIN Invesco India ETF -2.21%

VNM VanEck Vectors Vietnam ETF -2.03%

INDY iShares India 50 ETF -2.03%

EPU iShares MSCI Peru ETF -1.79%

FLN First Trust Latin America AlphaDEX Fund -1.63%

GLIN VanEck Vectors India Small-Cap Index ETF -1.56%

1-Day Laggards

Ticker Name RSI

PGJ Invesco Golden Dragon China ETF 69.04

ARGT Global X MSCI Argentina ETF 67.77

CXSE WisdomTree China ex-State-Owned Enterprises Fund 67.55

FNI First Trust Chindia ETF 62.22

TUR iShares MSCI Turkey ETF 61.74

MCHI iShares MSCI China ETF 61.32

THD iShares MSCI Thailand ETF 60.91

GXC SPDR S&P China ETF 60.88

PIE Invesco DWA Emerging Markets Momentum ETF 60.47

KSA iShares MSCI Saudi Arabia ETF 59.89

FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 59.80

Most Overbought (14-Day RSI)

Ticker Name RSI

INDY iShares India 50 ETF 44.66

SMIN iShares MSCI India Small Cap ETF 44.74

GLIN VanEck Vectors India Small-Cap Index ETF 44.95

GXG Global X MSCI Colombia ETF 45.02

BRF VanEck Vectors Brazil Small-Cap ETF 45.12

EPI WisdomTree India Earnings Fund 46.04

EWZS iShares MSCI Brazil Small-Cap ETF 46.20

INDA iShares MSCI India ETF 46.43

PIN Invesco India ETF 47.10

FLN First Trust Latin America AlphaDEX Fund 47.53

EPHE iShares MSCI Philippines ETF 47.73

Most Oversold (14-Day RSI)

0.27%

-0.10% -0.35% -0.41% -0.46%-1.00% -1.04% -1.11% -1.22%

-2.81%

-3.81%-5.0%-4.0%-3.0%-2.0%-1.0%0.0%1.0%

SouthAfrica (EZA)

Thailand(THD)

China(MCHI)

Malaysia(EWM)

Russia(ERUS)

EmergingMkts

(VWO)Taiwan(EWT)

Indonesia(EIDO)

Brazil(EWZ)

India(INDA)

Mexico(EWW)

Top 10 EM Countries' 1-Day Performance

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Fixed Income, Commodities & Currencies

Ticker Name 1-Day 1-M YTD

AGG U.S. Aggregate 0.11% -0.02% 4.99%

SHY 1-3 Year Treasury Bonds 0.06% 0.10% 2.92%

IEF 7-10 Year Treasury Bonds 0.28% -0.07% 10.80%

TLT 20+ Year Treasury Bonds 0.37% -2.35% 21.51%

TIP TIPS Bonds -0.12% 0.91% 4.67%

FLOT Floating Rate Bonds 0.04% 0.73% -0.86%

LQD Investment Grade Corporate 0.08% -0.66% 2.15%

HYG High Yield Corporate 0.12% -0.63% -7.11%

BKLN Senior Loan 0.29% -1.73% -6.53%

PFF Preferred & Income Securities 0.06% 0.74% -7.94%

MUB Municipal Bonds 0.33% 0.49% 0.73%

MBB MBS -0.01% 0.94% 3.53%

EMB Dollar Denominated EM Bonds 0.08% 4.57% -7.80%

LEMB Local Currency EM Bonds 0.03% 3.18% -11.23%

Ticker Name 1-Day 1-M YTD

DJP Broad Commodities -0.18% 1.56% -25.83%

DBE Energy -1.06% 0.12% -42.72%

USO WTI Crude Oil 0.53% -27.43% -76.15%

BNO Brent Crude Oil -1.51% 6.53% -56.16%

UNG Natural Gas 1.24% -7.20% -27.34%

UGA Gasoline 0.30% 34.46% -48.27%

DBP Precious Metals 1.35% 6.11% 11.53%

GLD Gold 0.97% 3.59% 14.95%

SLV Silver 2.41% 14.28% -3.06%

PPLT Platinum 1.95% 8.38% -12.99%

PALL Palladium 1.19% -6.81% 4.76%

DBB Base Metals -1.08% 0.79% -14.46%

CPER Copper -0.33% 3.12% -13.28%

LD Lead 0.88% -0.41% -16.59%

JJN Nickel 0.79% 2.71% -12.45%

JJU Aluminum -0.77% -2.56% -20.01%

JJT Tin 0.13% 0.38% -10.08%

DBA Agriculture 0.00% -0.29% -17.81%

CORN Corn 0.50% -3.55% -19.12%

SOYB Soybeans -0.22% -0.51% -14.21%

WEAT Wheat 0.20% -6.82% -12.31%

CANE Sugar -1.10% -2.77% -23.08%

BAL Cotton 2.58% 12.37% -15.25%

NIB Cocoa 0.99% 4.44% -2.94%

JO Coffee 0.18% -8.50% -18.81%

Ticker Name 1-Day 1-M YTD

UUP Long Dollar -0.07% -0.26% 3.74%

UDN Short Dollar 0.08% 0.29% -3.31%

FXE Euro 0.06% 0.44% -2.91%

FXB British Pound Sterling 0.42% -1.98% -7.58%

FXF Swiss Franc 0.10% -0.49% -0.74%

FXY Japanese Yen -0.38% -0.40% 0.58%

FXC Canadian Dollar 0.20% 0.72% -6.66%

FXA Australian Dollar 0.29% 2.81% -6.88%

Fixed Income Commodities Currencies

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Data Reliability and Definitions

ETF Action, LLC believes the information herein to be accurate (at time of publication) and was obtained from reliable sources, but makes no guarantees with respect to its accuracy. Calculations of fundamental data are based

on weighted averages of reported results and consensus estimates of current ETF constituents. Valuation data (price/earnings, price/sales, price/cash flow, price/book value) are calculated using per share data divided by current

NAV of corresponding ETF. Performance, risk and technical data (moving averages, relative performance, RSI) calculated for specified periods using ETF market price which may differ from net asset value (NAV).

Size & Style, Top 10 dev ex-U.S. countries, and Top 10 EM countries are represented by (VEA,EWJ,EWY,EWC,EWU,EWG,EWA,EWH,EWL,EWQ,EWN) and (VWO,EWZ,INDA,MCHI,EWT,EWW,ERUS,THD,EWM,EIDO,EZA). Top coun-

tries based on largest exposures in VEA and VWO, respectively. Size & Style 1-day performance ETFs represented by (IVE,IVV,IVW,IJK,IJH,IJJ,IJR,IJS,IJT).

Source Data

FactSet Research Systems

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