Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
@SchalkLouw
Aug 27, 2021 • 13 tweets • 18 min read • Read on X
Scrolly
#Global #ETF (thread): 26 Aug 2021

- 2020 worst perf #sectors making still leading in 2021 $IXG $IXC

- This is helping #oil producing countries with #SaudiArabia & #UAE in top5 #Country ETF YTD performers in USD $KSA $UAE

- #SouthAfrica $EZA still in top30 YTD performers
2/12

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might need a lot of catch up, but $EZA YTD performance in USD (+8.2%) is still ahead of $EEM (-0.95%)
3/12

#Global #Value #stocks enjoyed short-term recovery to the end of April, but since then, $IWVL #ETF really struggled against #Quality & #Momentum. Over 1yr period it is however still the best-performing #factor, very much in its recovery phase.
4/12

This still remains one of my biggest concerns, but then again, it's been for some time. #Global #Tech #stocks relative to #MSCI All Country World Index is now approaching Mars. Be very careful.

$IXN vs $ACWI
5/12

#Internet companies still big driver on performance, with US Internet Co's $FDN #ETF growing 8.4% over past 3 months in USD versus +5.2% for #MSCI World $URTH

#Chinese Internet Co's $KWEB however lost 31% over same period. Wow! Not good for #Naspers/#Prosus & also SA $EZA
6/12

Speaking of #Chinese co's. China Large-Cap $FXI #ETF massively underperformed #MSCI #EmergingMarkets $EEM ETF, as well as MSCI #SouthAfrica $EZA.

South Africa now caught up to China in USD over a 3 year period.
7/12

#US #Bonds had a slight recovery since March, but #Equities were clearly the star of the show. Be careful over the short term as $TLT #ETF relative to $SPY indicate overbought (equities) & could soon see some profit-taking.
8/12

$NASDAQ looks even crazier ☝️. Yes, $QQQ just came out of a great reporting season, but be very careful.
9/12

#Gold is not only lagging its "little brother" #Silver over the short-term but also #MSCI #Global #Equities. We are now back at mid-2019's relative levels, which saw Gold enjoyed some serious outperformance back then. This time might be different...

$GLD versus $ACWI
10/12

#Global #Financials #ETF, taking a bit of a breather lately, relative to #MSCI All Country World Index. Still, however, just like other #Value stocks, very much in a recovery phase. IMHO, it's still an opportunity.

$IXG vs $ACWI
11/12

Speaking about #Financials. #Global #Banks specifically looking quite interesting relative to #MSCI All Country World Index.

$BNKS vs $ACWI
12/12

And then finally, what would market feedback be without #smallcaps? After seriously outperforming between Q4 2020 & Q1 2021, the #Russell2000 really struggled since. Not yet a screaming relative oversold against S&P500, but getting close!

$IWM vs $SPY
Unroll @threadreaderapp

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Schalk Louw | Mr Louwcal 🇿🇦

Schalk Louw | Mr Louwcal 🇿🇦 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @SchalkLouw

Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
Nov 1, 2025
UPDATE ON MARKETS: Relative to broader asset classes globally, Local Equities continue to lead strongly over the short and longer term. Local Bonds and Local Property have also delivered competitive performance, while Global Property remain weaker across multiple timeframes.

🧵 Image
2/16

FTSE/JSE All Share delivered a 1.6% gain, SA Bonds up 2.6%, SA Listed Property surged by 7.84% (best local asset class for the month), while SA Cash remained stable at 0.6%. On a 12-month basis, both Property (23.6%) and Bonds (20.1%) continued to outperform Cash (7.4%). Image
3/16

In US dollar terms, the FTSE/JSE All Share Index gained 1.93% in October, slightly underperforming global equities (MSCI ACWI up 2.13%). Over the past 12 months, however, it remained a standout performer, rising 35.00% compared to the ACWI’s 22.51%. Image
Read 16 tweets
Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
Sep 1, 2025
UPDATE ON MARKETS: Local assets continue to shine, with four of the five best-performing asset classes being South African. In short: no local, no lekker this August.

🧵 Image
2/15

In August, the FTSE/JSE All Share (JSE) advanced by 3.53%, lifting the 12-month return to a strong 25.82%. SA Bonds gained 0.70%, SA Listed Property rose 2.80%, while SA Cash returned 0.55%. Image
3/15

A graph that many local doomsdayers prefer not to look at. In USD terms, the FTSE/JSE All Share Index surged a massive 6.83% in August, far outpacing both the MSCI All Country World Index (2.47%) and the MSCI Emerging Markets Index (1.28%). Image
Read 15 tweets
Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
Jun 1, 2025
UPDATE ON MARKETS: Locally, the South African Reserve Bank lowered the repo rate by 0.25% in May — a move that certainly brought renewed optimism to the markets. Local remained lekker for 2025. Image
2/15

In May, the FTSE/JSE All Share (JSE) rose by 3.14%, bringing the 12-month return to an impressive 27.30%. Local Bonds returned 2.70%, while SA Listed Property gained 2.32%. SA Cash continued to offer a steady 0.59% monthly return. Image
3/15

In USD terms, the FTSE/JSE All Share Index increased by 6.57% in May, significantly outperforming both the MSCI Emerging Markets Index (4.27%) and the MSCI All Country World Index (5.75%). Those who advised people over the past five years to sell all their South African assets and move everything offshore are now silent.Image
Image
Read 15 tweets
Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
Aug 1, 2023
UPDATE ON MARKETS: FTSE/JSE All Share demonstrated another impressive performance in July, outperforming the MSCI All Country World Index. JSE recorded a 4.01% increase, while South African bonds (ALBI) & the local property market improved by 2.29% and 2.3%, respectively in July. Image
2/15

The JSE experienced a significant surge in July, gaining 9.7% in USD value. Comparatively, the MSCI All Country Index had a more modest growth of 3.66%, while the MSCI Emerging Markets Index witnessed a 6.22% increase. Image
3/15

The SA Fear & Greed Index recovered and moved closer to EXTREME GREED territory during July. Image
Read 15 tweets
Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
Nov 6, 2022
THREAD: A picture is worth a thousand words. Let's look at a few of the globe's largest #ETF's & their graphs & see if we can make some sense of the current market environment.

What a year it's been for #Oil & #Energy! Only positive YTD #MSCI #Sector.

$IXC
2/19

#Global #CleanEnergy #ETF relative to Global #Energy shows an interesting picture.

$ICLN vs $IXC
3/19

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might be down over 1YR, but $EZA performance in USD (-15.9%) is still way ahead of both $URTH (DM -22.2%) & $EEM (EM -28.9%) over the same period.
Read 19 tweets
Schalk Louw | Mr Louwcal 🇿🇦 Profile picture
Jan 29, 2022
THREAD: A picture is worth a thousand words. Let's look at a few #ETF graphs & see if we can make some sense of the current market environment.

What a year it's been for #Oil & #Energy! Sharing only positive YTD #MSCI #Sector performance with #Financials.

$IXC $IXG
2/15

#EmergingMarkets #ETF seriously lagging #DevelopedMarkets ETF, mostly due to disinvestment from #China.

#SouthAfrica might need a lot of catch up, but $EZA 1YR performance in USD (+9.9%) is still ahead of $EEM (-11.3%)

$URTH
3/15

#Global #Value #stocks (#ETF) recently enjoyed short-term recovery, but still got some serious catch-up to do over the longer term.

$IWVL
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(