ETF Table

February 2009

It has been difficult to keep track of over 840 ETFs in existence. The following table is a short list developed from over 840 exchange traded funds (“ETFs”). It is a useful starting point to select ETFs in favorite sectors. It will be updated semi-annually. Most of these ETFs have good liquidity in that they trade at least 250,000 shares a day as of this writing, although a few do not, and were included only due to the potential attractiveness of having an ETF in the sector that they represent. In many cases there are other ETFs that cover similar indices or sectors. For example, IVV is an ETF that tracks the S&P 500 just as the SPY. This table does not contain funds that short stocks as I consider them to be betting against both Americans and the fundamental purpose of free enterprise in a democratic society. HOWEVER, I am comfortable shorting bonds and commodities, and some of these types of ETFs have been included. They typically carry the word “short” or “inverse” in their names, because they move inverse to their underlying index. For example, ETFs that sell bonds short (i.e. give you the ability to gain if interest rates rise) are included. Additional ETFs and details of ETFs are available on your broker’s website or on the ETF sponsor’s website.

Recall that ETFs are unmanaged portfolios of stocks in given sectors or which track a particular indices.

Also included are some ETFs nicknamed “Ultras” or “Double”. CAUTION: These ETFs use leverage in most cases to perform twice the move (up or DOWN) of the underlying index that they are replicating. The value of Ultras is either the ability to get twice the exposure to an index for $100, or to get further portfolio diversification by investing $50 and getting $100 of exposure in the Ultra index, while investing the other $50 in another stock or ETF.

I recommend monitoring graphs of these ETFs to identify trends using many of the same Investor’s Business Daily technical indicators that you look for in individual stocks. When you find an attractive ETF, drill down and identify the stocks in that ETF that are doing well. You may discover that some of the individual stocks will be better investments than the ETF, albeit with more concentrated risk. Check sector ETF valuations by reviewing the PEG ratios and debt level (less than 25% of capital) of principal stocks in the ETF.

Some of the institutions that package the specific ETFs are:

Short Name	Sponsor
CurrencyShares	Rydex
HOLDRs	Merrill Lynch
iShares	Barclays Global Advisors
Market Vectors	Van Eck Associates
Powershares	Powershares
ProShares	ProShares
SPDR	State Street Global Advisors
streetTRACKS	State Street Global Advisors

Sector	Name	Symbol	Comment
Indices
	Dow Jones 30 Industrials	D I A	Dow Jones 30 Industrial Index
	S & P 500 SPDR	S P Y	S&P 500 Index
	S&P MidCap 400 SPDR	M D Y	S&P MidCap 400 Index
	iShares S&P SmallCap 600	I J R	S&P SmallCap 600 Index
	iShares Russell 3000 Index	I W V	The largest 3000 publicly traded stocks representing most of the US market. There are approximately 15,000 US stocks, but many are thinly traded.
	iShares Russell 1000 Index	I W B	The largest 1000 stocks in the Russell 3000
	iShares Russell 2000 Index	I W M	The smallest 2000 stocks in the Russell 3000
	iShares Russell Microcap	I W C	Russell MicroCap Index ($50-$550 million in market cap.)
	PowerShares QQQ	QQQQ	Nasdaq 100 (The largest 100 non-financial shares on the NASDAQ.
	Vanguard Total Market VIPERS	VTI	MSCI US Broad Market Index. Largest 1,300 stocks traded on the NYSE, AMEX and OTC, comprising 95% of market cap on these exchanges.
“Ultra” Indices
	ProShares ULTRA Dow 30	D D M	2 x Dow 30
	ProShares ULTRA S&P 500	S S O	2 x S&P 500
	ProShares ULTRA S&P MidCap 400	M V V	2 x S&P MidCap 400
	ProShares ULTRA S&P SmallCap 600	S A A	2 x S&P SmallCap 600
	ProShares ULTRA Russell 2000	U W M	2 x Russell 2000
	ProShares ULTRA Nasdaq 100	Q L D	2 x Nasdaq 100
Bonds
	SPDR Lehman 1-3 Month T-Bill	B I L
	iShares Lehman 1-3Yr Bond	S H Y
	iShares Lehman 7-10Yr Bond	I E F
	iShares Lehman 20+Yr Bond	T L T
	iShares Lehman TIPS Bond	T I P
	iShares Lehman Aggregate Bond	A G G
	PowerShares High Yield	P E Y
	SPDR Lehman High Yield Bond	J N K
	ULTRA SHORT Lehman 20+ Treasury ProShares	TBT	2 x INVERSE of Lehman 20 Year US Treasuries
	ULTRA SHORT Lehman 7-10 Yr US Treasuries	PST	2 x INVERSE of Lehman 7-10 Year US Treasuries
Commodities & Materials
	PowerShares DB Agriculture	D B A	Corn, wheat, soy beans, sugar
	iShares DJ US Basic Materials Index	I Y M	DJ Basic Materials Index
	ProShares ULTRA Basic Materials	U Y M	2 x DJ Basic Materials Index
	PowerShares DB Commodities	D B C	Light sweet crude oil; heating oil; corn; wheat; gold; Aluminum; roughly proportionate to historic global supply.
	PowerShares DB Commodity DOUBLE Long	D Y Y	2 x DBC
	streetTracks Gold	G L D	Gold Bullion
	DB Gold DOUBLE Long	D G P	2 x Gold price
	MarketVectors Gold Miners	G D X	AMEX Gold Miners Index
	SPDR Materials	X L B	Companies in the materials sector of S&P Composite Stock Index
	SPDR Metals & Mining	X M E	Companies in the S&P metals & mining US select industry segment
	iShares Goldman Sachs Natural Resources	I G E	Stocks of S&P GSSI Natural Resources Index
	iShares Silver Trust	S L V	Silver price
Construction
	SPDR Homebuilders	X H B	Broad homebuilding segment
	iShares DJ US Home Construction	I T B	DJ US Select Home Construction Index
	Claymore/Clear Global Timber Index	C U T	Timber companies
Consumer
	SPDR Consumer Discretionary	X L Y	Companies from autos and components, apparel, hotels, restaurants, leisure, media & retailing (Discretionary)
	SPDR Consumer Staples	X L P	(Staples)
	ProShares ULTRA Consumer Goods	U G E	2 x DJ US Consumer Goods Index (Staples)
	SPDR Retail	X R T	Retail segment of US Total Market Composite Index
Currencies
	Rydex Euro CurrencyShares Euro	F X E	Price of Euro vs US $
	CurrencyShares Japanese Yen	F X Y	Price of Yen vs US $
Energy
	SPDR Energy	X L E	Energy sector of S&P 500 (oil, gas, energy equipment & services)
	Market Vectors - Coal	K O L	US & foreign companies in coal industry
	U S Gasoline	U G A	Price of US gasoline
	US Heating Oil	U H N	Price of heating oil
	United States Natural Gas	U N G	US Natural Gas
	Nuclear Energy	N L R	DAXglobal Nuclear Energy Index
	Oil Service HOLDERs	O I H	Oil service companies
	PowerShares Wilder Hill Clean Energy	P B W	Clean energy companies
	Market Vectors Global Alt Energy	G E X	Renewable energy companies
	Claymore/MAC Global Solar Energy	T A N	Solar energy companies worldwide
	United States Oil Fund	U S O	Spot Price West Texas Intermediate Light
	US 12 Month Oil	U S L	Average of the next 12 months of futures contracts for oil delivered in Oklahoma
	ProShares ULTRA Oil & Gas	D I G	2 x DJ Oil & Gas Index
	SPDR Utilities	X L U	US Utilities Select Sector Index
Financials
	iShares DJ US Broker-Dealers	I A I	DJ US Select Investment Services Index
	iShares DJ US Financials	I Y F	DJ US Financials Index
	ProShares ULTRA Financials	U Y G	2 x DJ US Financials Index
	streetTracks KBW Bank	K B E	KBW Bank Index
	streetTracks KBW Regional Bank	K R E	KBW Regional Banking Index
Healthcare
	iShares NASDAQ Biotech	I B B	Nasdaq Bio Technology Index
	SPDR Biotech	X B I	Biotechnology segment of US Total Market Composite Index
	iShares DJ US Healthcare	I Y H	DJ US Healthcare Index including stocks from healthcare equipment and supplies; healthcare providers and services; biotechnology and pharmaceuticals.
	ProShares ULTRA Healthcare	R X L	2 x DJ US Healthcare Index
	Pharmaceutical HOLDRs	P P H	Select Pharmaceutical companies
Industrials
	PowerShares Aero & Defense	P P A	US Aerospace & Defense companies
	Market Vectors Agribusness	M O O	DAXglobal Agribusiness Index (companies deriving more than 50% of sales from agribusiness)
	SPDR Industrial	X L I	US companies in aerospace, defense, building products, construction, engineering, electrical equipment and conglomerates.
	ProShares ULTRA Industrial	U X I	2 x DJ US Industrials Index
	Market Vectors – Steel	S L X	AMEX Steel Index
	iShares D J Transportation Average	I Y T	DJ Transportation Average
International Sectors
(Int’l Indicies)
	iShares Europe, Far East, Australia Index	E F A
	iShares Emerging Markets Index	E E M
	iShares S&P Europe 350	I E V
	iShares S&P Latin America 40	I L F
	iShares Pacific Ex-Japan	E P P
(Int’l Countries)
	iShares Australia	E W A
	iShares Austria	E W O
	iShares Brazil	E W Z
	iShares Canada	E W C
	iShares FTSE/Xinhua China 25	F X I
	iShares France	E W Q
	iShares Germany	E W G
	iShares Hong Kong	E W H
	iShares Italy	E W I
	iShares Japan	E W J
	iShares Malaysia	E W M
	iShares Mexico	E W W
	iShares Netherlands	E W N
	iShares Singapore	E W S
	iShares South Korea	E W Y
	iShares Spain	E W P
	iShares Taiwan	E W T
	iShares United Kingdom	E W U
Real Estate
	REIT VIPERS	V N Q	MSCI US REIT Index
	ProShares ULTRA Real Estate	U R E	2 x DJ US Real Estate Index
	iShares DJ US Real Estate	I Y R	DJ US Real Estate Index
Semiconductor & Technology
	Semiconductor HOLDERs	S M H	Approximately 20 semiconductor companies
	IT VIPERS	V G T	MSCI US Investible Market Information Technology Index. (Technology, software, internet applications, systems, databases, consulting, data processing, outsourced services)
	iShares Software	I G V	S&P Goldman Sachs Technical Industry Software
	ProShares ULTRA Semi-conductor	U S D	2 x DJ US Semi-conductor Index
	ProShares ULTRA Technology	R O M	2 x DJ US Technology Index

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Copyright © 2009 William G. Marshall All Rights reserved