Since 3/17/2015, when it started trading, holding it would have gotten you a negative 1.39% IRR, with a max drawdown of 47.37%. Not good, although we really need to find some way to normalize these results taking into (presumably) the strengthening dollar versus other currencies over that time, to see what the results would have been net of that. You point is well taken that would was a huge headwind in the past on average might be a significant tailwind going forward on average. And somebody wanting that foreign currency exposure may well want to hold these if their performance putting the poor performing foreign currencies aside has been good.
Favorite ETF/ETNs/CEFs for yield
- Thread starter SoyUnGanador
- Start date
Since 3/17/2015, when it started trading, holding it would have gotten you a negative 1.39% IRR, with a max drawdown of 47.37%. Not good, although we really need to find some way to normalize these results taking into (presumably) the strengthening dollar versus other currencies over that time, to see what the results would have been net of that. You point is well taken that would was a huge headwind in the past on average might be a significant tailwind going forward on average. And somebody wanting that foreign currency exposure may well want to hold these if their performance putting the poor performing foreign currencies aside has been good.
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I agree;
partly.
But early this year good trade/better than SPY
Si senior[yes mr]
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I agree;
partly.
But early this year good trade/better than SPY
Si senior[yes mr]
Mr. Turtle, is there anything you look for to see that it is time for them to be a "good trade"? Like (even more than normal) underperformance versus the SPY over some extended time period or something like that?
Thanks!
So, USDJPY, I seem to remember testing MLP prices awhile back, and finding out that they were horrid performers over time on average. But don't quote me on that, let me run some new tests, will follow up.
Thanks.
I'm gonna start going through these ph1l. Maverick I think it was did a thread recently about ETFs/CEFs that were horrible and possibly good to short. I suspect many of these may land on that list!
First one - OILK - started trading 9/28/16, and an investment in it since then would have earned you an IRR of -3.55% and a max DD of 83.76%. Now if that ain't a shortin' stock I don't know what is!
REVS.
9/25/19
9.93% IRR
37.85% Max DD
Not horrible, but also not the high dividend that is stated.
9/25/19
9.93% IRR
37.85% Max DD
Not horrible, but also not the high dividend that is stated.
AMOM
5/21/19
11.26% IRR
40.03% Max DD
Not horrible, but also looks like very small dividends.
5/21/19
11.26% IRR
40.03% Max DD
Not horrible, but also looks like very small dividends.
GLCN
10/14/2010
-0.95% IRR
51.43% Max DD
Looks like another one for Maverick's short thread - not just bad performance, but also over an extended time period.
No track records of dividends, just one paid in recent past.
10/14/2010
-0.95% IRR
51.43% Max DD
Looks like another one for Maverick's short thread - not just bad performance, but also over an extended time period.
No track records of dividends, just one paid in recent past.
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A lot of things;
+ like you noted\ VEA,VWO long term \underperform SPY benchmark.
Like you said ,starting from 2007,VWO,VEA, is a good reason for me not to do that trade oftenLOL.
And somewhat unusual JAN, WSJ, markets page, with SPY candlecharts[s+p500];
had America/Brazil/Canada/Chile-..........Thailand all mostly went green positive
Christmas week,2022 + 1st week JAN 2023, they were selling SPY below 50 day moving average;
Christmas week 2022+ 1st week JAN2023, they were buying VEA, VWO above 50dma.