How has the stock market performed since last Friday's 11/13 attacks in Paris, France?  The S&P 500 Index ETF (SPY) is up around 3.5% in this time frame, an impressive rally.  The broad market has largely shrugged off this event, which is likely a sign of strength -- the reaction to news among traders and investors often being more important than the news itself.

Many International ETFs are among those that have performed the best since last Friday's close,  We looked at pure sector play Exchange Traded Funds (ETFs), no inverse/ultra etc -- those that are optionable and have over 500k average daily volume.

Some of the top ETF sectors over the past week (based on last Friday's close):

iShares MSCI Brazil ETF (EWZ) +10.1% Market Vectors Russia ETF (RSX) +9.2% iShares MSCI South Africa ETF (EZA) +8.9% iShares MSCI Australia ETF (EWA) +7.5%

Meanwhile, Option Volatility has come in quite a bit -- and cold weather has yet to hit most of the US -- so both VXX & UNG are among the worst ETF performers over the past week (additionally, both of these ETFs have some sort of structural design that seems to push them lower over time, as we've discussed previously).

US National Gas Fund ETF (UNG) -8.6% S&P 500 VIX Short-Term Futures ETF (VXX) -11.8%

Sidenote:  the coming Christmas season hasn't done much for Retailers thus far this month other than a few select names, most of the gains have gone to Internet Retailers like Amazon (AMZN).

November performance:

SPDR S&P Retail ETF (XRT) -4.0% Amazon (AMZN) +6.3%