16 September, 2019 (16:00:00 EST)
SPDR S&P/ASX 200 Fund rises in 4 out of last 5 days
SPDR S&P/ASX 200 Fund (ASX:STW), the 2nd largest Exchange Traded Fund by market cap in Australia, has increased 11.0c (or 0.2%). The ETF rose in four out of the last 5 trading days, for a 5-day rise of 0.4% to close at $A62.61. Compared with the Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] which rose 6.5 points (0.1%) in the day, the relative price increase was 0.1%. Its MCap is $A3.8 billion.
THE PAST WEEK [Price up 0.9% to $A62.50]
In the past week the ETF rose on 3 days, fell on 1 day and was untraded on 1 day,.
SPDR S&P/ASX 200 Fund jumps 22% in 2019
SPDR S&P/ASX 200 Fund (AU:STW), jumped $A11.27 (or 21.9%) year-to-date (YTD) in 2019 to close at $A62.61 today. Compared with the Morgan Stanley Capital International Australia Index which has risen 22.6% YTD, this is a relative price change of -0.7%.
SECTION 1SPDR S&P/ASX 200 FUND BULLISH SIGNALS
Uptrend: The ETF increased on firm volume, rising for a fourth consecutive day.
+ The price increased 0.4% in the last week and lifted 2.4% in the last month.
+ The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 61.98 minus the 26-day EMA of 61.62 is positive 0.36 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
+ Rises to Falls: in the past month the number of rises outnumbered falls 15:7 or 2.1:1.
+ In the last three months the ETF has hit a new 52-week high eleven times, pointing to a significant uptrend.
+ The present value of $A1,000 (PV1000) invested one year ago in SPDR S&P/ASX 200 Fund is $A1,185, comprising a capital gain of $A125 and dividend reinvested of $A59. A comparison with Morgan Stanley Capital International World Index [MSCI World] and Morgan Stanley Capital International Australia Index [MSCI AUSTRALIA] is shown below:
+ 10 years Multiplier in AUD = 2.284x
+ Compound Annual Growth Rate (CAGR) in AUD = 8.6%
Present Value of USD1,000 invested 10 years ago:
+ The present value of USD1,000 (PV1000) invested ten years ago in SPDR S&P/ASX 200 Fund is $US1,817, for a capital gain of $US817.
+ 10 years ago AUD 1 equalled USD 0.864
+ 10 years Multiplier in USD = 1.817x
+ Compound Annual Growth Rate (CAGR) in USD = 6.2%
1.2 High Performance Indicators:
SECTION 2SPDR S&P/ASX 200 FUND BEARISH SIGNALS
+ The 1.8% discount to 12-month high of $A63.75 against the 27.7% premium to 12-month low of $A49.02 suggests the climb might be peaking.
2.2 Overbought/Bearish/Resistance Signals:
+ The Relative Strength Index (RSI) of 78.4 has penetrated the overbought line of 70, suggesting the price gain of 3.3% in the last 14 days is unusually high.
+ The ETF is overbought according to the Williams % R indicator of -6.1, suggesting the price is close to its 14-day high of $A62.76.
PRICE VOLUME DYNAMICS
+ Volume: there were 155,166 units worth $A9.7 million traded today. In the past week, volume was 0.8 times average and the units were up 0.4%.The rise has been propped up by firm volume of 1.2 times the average daily volume of 126,924 units.
3.2 The Best 3 weeks in the past quarter [Relative Price Change or RPC]
3.3 The Worst 3 weeks in the past quarter [Relative Price Change or RPC]
3.4 Trailing 3 months
3.5 Trailing Price Change %
3-Year price change of 40.4% for STW outperformed the change of 29.4% in the Morgan Stanley Capital International World Index [MSCI World] for a relative price change of 11%.
3.6 MCap: 5-Year Perspective
In the past 5 years Market Capitalization has increased by $A373.6 million from $A3.4 billion to $A3.8 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 3 out of 5 years.
3.7 Moving Annual Return (Past 5 years)
Based on a dynamic start date of 5 years ago, the real rate of return has averaged 8.4%. The Moving Annual Return has been positive in 4 of the last 5 years. An investment a year ago in STW would have produced a return of 17.8%.
Close 5 years ago $A47.03
3.8 Year-on-Year Comparison (Trailing year - ended 30 Aug)
In the past 5 years, STW has jumped 29.5% from 47.57 to 61.58 , an average annual compound rise of 5.3%.
In the past 5 years average daily volume has declined 44.1% from 198,288 units to 110,752 units. Turnover period has increased from 1 year 4 months to 2 years 5 months. This indicates a larger number of core investors, making a long-term investment safer.
4.1 Global Rank out of 5,034 ETFs
The present value of $US1,000 invested a year ago is $US1,131, ranking it 487 out of 5,034 ETFs.Its 6-month relative strength (or price percentile rank) in USD is 83.
* 1 year ago AUD 1 equalled USD 0.72
Sep 16, 2019: AUD 1 equals USD 0.6874
4.2 Rank in the Total Australia ETF Market [out of 123 ETFs]
SPDR S&P/ASX 200, seeks to closely match, before fees and expenses, the returns of the S&P/ASX 200 Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
SPDR S&P/ASX 200 Fund (ASX:STW)
5.3 Contact details
5.4 ETF Summary
5.5 Fund Manager and Management Fees
+ The manager of the ETF is State Street Global Advisors. The management fee is 0.19% of total assets