ETF Trends
04-29-2008, 08:10 AM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/28/jan.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/28/jan.jpg) Among the exchange traded funds (ETFs) that focus on a particular company size and investing style, mid-cap growth seems to be leaving the others in the dust lately.
In the last three months, mid-cap growth has risen 10.2%. In the same time period, large-cap growth is up 7.2% and small-cap is up 6.2%. Gary Gordon for ETF Expert reports (http://www.etfexpert.com/etf_expert/2008/04/an-unexpected-t.html) that one might find it tricky to locate any other size/style ETFs that are above their 200-day moving averages.
Some of these funds have been bolstered by strong performance from their top holdings:
iShares S&P MidCap 400 Growth Index (IJK (http://finance.yahoo.com/q?s=ijk)): Top holding is Intuitive Surgical, Inc. (ISRG (http://finance.yahoo.com/q?s=ISRG)), at 2.5%; up 2.9% in last three months. The fund is up 10.2% in the same time period.
iShares Morningstar Mid Cap Growth (JKH (http://finance.yahoo.com/q?s=jkh)): Top holding is ISRG at 1.4%; the fund is up 9.1% in the last three months.
Vanguard MidCap Growth (VOT (http://finance.yahoo.com/q?s=vot)): up 8.9% in the last three months.
Rydex MidCap 400 Pure Growth (RFG (http://finance.yahoo.com/q?s=rfg)): Top holding at 2.1% is Encore Acquisition (EAC (http://finance.yahoo.com/q?s=eac)), which is up 50.3% in the last three months. The fund is up 9.3% in the last three months.
PowerShares Dynamic Mid Cap Growth Portfolio (PWJ (http://finance.yahoo.com/q?s=pwj)): Top holding at 3.7% is FMC Technologies Inc. (FTI (http://finance.yahoo.com/q?s=fti)), which is up 29.4% in the last three months. The fund is up 7.1% in the last three months.Gordon says investors who believes the U.S. market is going to recover in a big way from the current mess may like a mid-cap growth fund. Since all of these are at or above their trend lines (200-day moving average), take a look and see what works best for your portfolio.
http://www.etftrends.com/images/2008/04/28/z_4.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/28/z_4.png)
For full disclosure, some of Tom Lydon's clients own shares of IJK.
Read the disclosure (http://www.etftrends.com/rydex-disclaimer.html), Tom Lydon is a board member of Rydex Funds.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/280079250/among-the-excha.html)
http://www.etftrends.com/images/2008/04/28/jan.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/28/jan.jpg) Among the exchange traded funds (ETFs) that focus on a particular company size and investing style, mid-cap growth seems to be leaving the others in the dust lately.
In the last three months, mid-cap growth has risen 10.2%. In the same time period, large-cap growth is up 7.2% and small-cap is up 6.2%. Gary Gordon for ETF Expert reports (http://www.etfexpert.com/etf_expert/2008/04/an-unexpected-t.html) that one might find it tricky to locate any other size/style ETFs that are above their 200-day moving averages.
Some of these funds have been bolstered by strong performance from their top holdings:
iShares S&P MidCap 400 Growth Index (IJK (http://finance.yahoo.com/q?s=ijk)): Top holding is Intuitive Surgical, Inc. (ISRG (http://finance.yahoo.com/q?s=ISRG)), at 2.5%; up 2.9% in last three months. The fund is up 10.2% in the same time period.
iShares Morningstar Mid Cap Growth (JKH (http://finance.yahoo.com/q?s=jkh)): Top holding is ISRG at 1.4%; the fund is up 9.1% in the last three months.
Vanguard MidCap Growth (VOT (http://finance.yahoo.com/q?s=vot)): up 8.9% in the last three months.
Rydex MidCap 400 Pure Growth (RFG (http://finance.yahoo.com/q?s=rfg)): Top holding at 2.1% is Encore Acquisition (EAC (http://finance.yahoo.com/q?s=eac)), which is up 50.3% in the last three months. The fund is up 9.3% in the last three months.
PowerShares Dynamic Mid Cap Growth Portfolio (PWJ (http://finance.yahoo.com/q?s=pwj)): Top holding at 3.7% is FMC Technologies Inc. (FTI (http://finance.yahoo.com/q?s=fti)), which is up 29.4% in the last three months. The fund is up 7.1% in the last three months.Gordon says investors who believes the U.S. market is going to recover in a big way from the current mess may like a mid-cap growth fund. Since all of these are at or above their trend lines (200-day moving average), take a look and see what works best for your portfolio.
http://www.etftrends.com/images/2008/04/28/z_4.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/28/z_4.png)
For full disclosure, some of Tom Lydon's clients own shares of IJK.
Read the disclosure (http://www.etftrends.com/rydex-disclaimer.html), Tom Lydon is a board member of Rydex Funds.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/280079250/among-the-excha.html)