FYI: The USD has soared over the last five sessions, one of the best performing ETFs we track. Health Care and Pharma stocks have also performed well. Being long Japanese or European equities with an FX hedge has also performed well while Consumer Staples, Utilities, and Growth stocks have also turned around relative to all ETFs. On the losing side of the equation, metals prices have plunged while a number of EM ETFs have also moved lower as yield jumps have pushed down bond prices and the mortgage market.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-us-indices-styles-121516/