There have been a few articles over the last few days about the ETF marketplace gathering its first $1 trillion in assets, like this one from Index Universe. A trillion dollars is a lot even for a Congressman, and really speaks to the product acceptance in the marketplace. And while we are at it, Thank You! We would like to thank all of the Dorsey, Wright clients that have made our Technical Leaders Indexes so successful-more than $800 million in assets at the end of last week. We think it is a great way to get exposure to the high RS equity universe, but we couldn’t do it without you. You’ve made Wall Street take notice-now several other firms are coming out with products that target high relative strength stocks as well.
Best of all for investors is that relative strength has been a good return factor over the last year. Below are charts comparing PDP with the S&P 500, PIZ with EAFE, and PIE with MSCI Emerging Markets—don’t I wish every single year would be like 2010!
PDP vs SP 500
PIZ vs EFA
PIE vs EEM
Source: Yahoo! Finance
Posted by Mike Moody 
