MutualFunds.com provides a snapshot of the performance of some key mutual funds and ETFs, trying to capture investor interest in specific areas of the financial markets. The report is aimed at providing a quick overview of the sectors, regions and asset classes that moved in a meaningful manner in the last 30 days. In addition, the report also highlights some of the key economic indicators for major geographies, reminding you to adjust your portfolios if required.
MutualFunds.com generates this report every fortnight. In order to select the mutual funds and ETFs highlighted in this report, MutualFunds.com uses a system to automatically scan through hundreds of relevant securities within different sectors, regions and asset classes. The system only picks up the best and worst performing securities for further manual analysis.
Performance Scorecard
Check out best and worst performers across different sectors, geographies and assset claases.
| Category | Monthly Performance | Mutual Funds | ETFs | 1-month Ret (%) |
| Sector | Technology shares, and semiconductors in particular, have been among the best performers, while financial services and natural gas have largely lagged. | SMPIX: ProFunds Semiconductor UltraSector Fund | 34.4% | |
| OEPIX: Oil Equipment & Services UltraSector ProFund | -22.6% | |||
| USD: ProShares Ultra Semiconductors | 48.1% | |||
| GFIN: Goldman Sachs Finance Reimagined ETF | -21.1% | |||
| U.S. Broad | Technology and midcap equities have been favored by investors over the last 30 days. Growth stocks were rather hit. | IVNQX: Invesco Nasdaq 100 Index Fund | 8.0% | |
| FIWCX: Fidelity® SAI International Value Index | -1.5% | |||
| PLC: Principal U.S. Large | 12.6% | |||
| CBTG: Cabot Growth ETF | -15.3% | |||
| Fixed Inc | Unsurprisingly, long-duration bonds and inflation-protected bonds fared well over the last 30 days, but high-yield bonds were hammered. | PEDIX: PIMCO Extended Duration Fund | 4.1% | |
| BEDIX: BlackRock Emerging Markets Flexible Dynamic Bond Portfolio | -3.1% | |||
| IPE: SPDR® Portfolio TIPS ETF | 7.3% | |||
| ITE: SPDR® Portfolio Intermediate Term Treasury ETF | -13.6% | |||
| Alts | Robotics and automation posted strong performances, while commodities and real estate stocks have suffered. | GNXIX: AlphaCentric Robotics and Automation Fund | 6.67% | |
| GSRHX: Goldman Sachs Real Estate Diversified Income Fund | ||||
| ETHE: Grayscale Ethereum Trust (ETH) | 12.0% | |||
| BOIL: ProShares Ultra Bloomberg Natural Gas | -20.9% | |||
| Foreign | Denmark and the United Arab Emirates are among the best performers. At the other end of the spectrum are Poland and Chinese energy equities. | TICIX: Timothy Plan Israel Common Values I | 7.8% | |
| UGPIX: ProFunds UltraChina | -16.6% | |||
| EDEN: iShares MSCI Denmark ETF | 25.0% | |||
| EPOL: iShares MSCI Poland ETF | -11.3% |
Fund performance data for the period between October 22, 2021 and November 19, 2021.
Key Economic Indicators
Check out our quick take on the key economic indicators across North America, Europe and Asia.
| Economic Indicators | Comments |
| GDP | UK GDP grew by 1.3% in the three months to September, an indication that the post-COVID-19 recovery is slowing down after a strong three-month period. In the prior three months, UK output rose by 5.5%. |
| Monetary Policy | U.S. inflation reached a 30-year high of 6.2% in October compared with a year ago, adding to worries that the Federal Reserve will be caught wrongfooted and start tightening the monetary policy earlier than scheduled. Month-over-month, prices rose by an astonishing 0.9%. UK inflation has grown to 4.2% in October, higher than analysts' expectations but lower than the U.S. A continued rise in the consumer price index might prompt the Bank of England to raise interest rates sooner, although a stop in government handouts related to COVID-19 could put a ceiling on inflation. |
| Consumer Spending | U.S. retail sales increased by 1.7% in October, further fueling inflation expectations as the highly busy Christmas period approaches. Core retail sales, which excludes volatile automobile sales, rose by the same amount. Europe-wide ZEW Economic Sentiment is heading upward after experiencing drops a few months in a row, suggesting investor confidence in the Eurozone's economic prospects are heading up. |
We provide this report on a fortnightly basis. To stay up to date with mutual fund market events, come back to our news page here.