There were no changes to the suite of DWS models with week, so we’ll look at the Xtrackers MSCI Emerging Markets ETF (DBEM). International equities have had one of their best years in recent memory. The first half was highlighted by strength in developed market equities as emerging markets struggled on a relative basis with China lagging. However, the second half of the year has seen emerging markets shoot higher. DBEM has a near-perfect fund score of 5.67 and this month moved to new multi-year highs. DBEM is trading in heavily overbought territory and on a stem, so new investors may want to wait for some normalization before entering positions. Nonetheless, the technical picture for DBEM on an intermediate and long-term basis is very strong and its currency-hedge helps lower volatility relative to other emerging market representatives, so investors could use this to balance out higher volatility equity exposure.

The table below is a review of important technical data on a select group of DWS Xtrackers ETFs. Significant changes within the past week are highlighted in Green if positive or Red if negative. This portfolio is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.

The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

* - Dates prior to 9/6/2016, which is when the Xtrackers Global Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers All World Ex US Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers Developed Intl Equity Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.