The Top 20 ETFs for April, To Buy and to Sell

We computed the relative strength index of all 800+ ETFs that trade in the U.S. This give s avery good measure of which ones are oversold and overbought. Here are the top 20 in each category, sorted by our preferred index, RSIA.

These are the most oversold:

• SCC: Ultrashort consumer services
• ITM: investment-grade municipal bonds with a nominal maturity of 6 to 17 years
• SMB: investment-grade short municipal bonds with a nominal maturity of 1 to 6 years
• SKF: Ultra short financials
  

Overbought:




In the case of a correction, these are the ones that should be dumped heavily. The worst ones are:

• PEJ: Leisure and Entertainment Portfolio
• EWM: Malaysia
• KIE: companies in the United States insurance industry