There were no changes to the suite of DWS models this week, so we will look at the Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF)

International names maintain their overall leadership tendencies over domestic equities as we open up March. Europe has been a point of strength for the better part of the last few years, as evidenced by strong positioning for the group within the international DALI rankings. Dividend payers have put together a strong opening quarter on the global stage, seeing international representative HDEF advance nearly 8.5% through 3/2/26. With recent action, the fund has reversed out of heavily overbought territory on its default chart, now trading just above the top of the trading band at $33.50. The fund has a strong 4.53 fund score- and while still overbought the technical picture remains quite strong on the pullback. Underneath the hood, the fund has “heavy” allocation to the United Kingdom & Switzerland as well as the financials and consumer staples sectors. Support is found nearby at $32.75.

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.