December 2020: Week 1

Edition #022 - Data recap of last week's big moves inside the Tech ETF landscape. See what to keep an eye on for the week ahead.

Weekly Changes (Overall):

Out of 101 Tech ETFs analyzed, the average Tech ETFs had a positive week with another strong rise of 2.60% compared to last weeks 2.52% gain.

All 5 ETFs this week had less than 32 holdings compared to the top 4 of last week which each had less than 65 holdings, with $ROBT in 5th with 104.

That said, average AUM was considerably less this week with $601m in AUM (skewed by $SMH) compared to last weeks average size of $1404m.

No ETFs from last week made it into this weeks top 5 as we saw a slight shift aware from more traditional cloud ETFs into Semiconductors and frontier tech.


Weekly Changes ($1b+ AUM):

Out of 25 Tech ETFs which have over $1b in assets under management, the average Tech ETFs stayed positive with a 2.58% (compared to last weeks 2.63% rise rise), underperforming the smaller ETFs.

$ARKK was the only ETF to stay in this group for not only back to back weeks, but 3 weeks in a row as well, highlighting its 2nd place in YTD rankings.

Similar to the overall rankings, this was a blend between semiconductors and frontier tech.


Weekly Changes (100+ Holdings):

For the 21 ETFs in this group with greater than 100 Holdings, the average return for the week was a similar 2.22%, slightly less than last weeks 2.47%.

The average ranking out of 101 for 100+ Holding ETFs is 55 with an average YTD return of 36% (33% last week).

The average ranking for <100 Holding ETFs is 54 (45 last week) with an average return of 39.41 down from 44%.


Year to Date Changes (Overall):

YTD, the 94 ETFs in this group is currently up 44% (41% last week), above the $SPY at 16.56%.

At the top end we aren’t seeing any changes from last week with just 2 Tech ETFs are above 100% YTD ($ARKW and $ARKK which continue to creep away from the pack) with the next 3 slightly closing in on the 100% mark..


Hopefully you found this weeks edition useful,

Best,

Stuart