The Riskalyze Report: The Untold Story of 2017 So Far

At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $120 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…


January 29th – February 4th

Winners (advisor flows TO these investments increased substantially):
  1. Materials (XLB)
  3. Financials (XLF)

Losers (advisor flows FROM these investments increased substantially):

  1. Seagate Tech (STX)
  2. Consumer Staples (VDC)
  3. FTSE Europe


Josh here – it’s interesting to see the MSCI All-Country World Index ETF make the top winners list this week while advisors were selling off FTSE Europe simultaneously. My best guess is it’s not an overlapping group executing these trades.

Foreign stocks are the untold story of 2017 so far, in my opinion. With the dollar easing and Russian stocks being “normalized” by some intrepid investors, the EEM has been able to surge almost 8% year-to-date. In the meanwhile, Vanguard’s VGK (European stocks) is a hundred basis points or so ahead of the SPY while economic data across the continent has been surprising to the upside. Will this be the first year in almost a decade where international stocks outdo the S&P 500?

Additionally, as Riskalyze CIO Mike McDaniel points out, “Advisor use of Materials increased approximately 10% week over week. Advisor use of Consumer Staples and FTSE Europe decreased by approximately 5% week over week.”

*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).  

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here:

Please see disclosures here.

What's been said:

Discussions found on the web
  1. konopna herbata commented on Jan 25

    … [Trackback]

    […] Information to that Topic: […]