Investing

ETF Winners & Losers (June 5, 2007)

ETF Tickers: SRS, SDP, SSG, SJH, SZK, SDD, SKK, SKF, SDS, SCC, SJL, FXI, PGJ, HRD, IIH, RWR, ICF, ITB, EZA, UNG

What’s an easy way to tell when the market had a pretty bad hair day, other than looking at the ticker tape?  Seeing that all of the ETF winners for the day are listed as the UltraShort "Whatever" ProShares……they are the inverse move of an any underlying index, so when they are up the index or the market is down.  The top 12 performers today were all in that category. Some of these are leveraged to their index, not it doesn’t mean the worst performers are the underlying index per se.

UltraShort Real Estate ProShares (SRS) 3.52%   
UltraShort Utilities ProShares (SDP) 3.13%   
UltraShort Semiconductor ProShares (SSG) 2.09%
UltraShort Russell2000 Value ProShares (SJH) 1.66%
UltraShort Consumer Goods ProShares (SZK) 1.59%
UltraShort SmallCap600 ProShares (SDD) 1.49%
UltraShort Russell2000 Growth ProShares (SKK) 1.41%   
UltraShort Financials ProShares    (SKF) 1.36%
UltraShort S&P500 ProShares (SDS) 1.35%
UltraShort Consumer Services ProShares (SCC) 1.24%
UltraShort Russell MidCap Val ProShares    (SJL) 1.20%   
UltraShort Russell2000 ProShares (TWM) 1.06%

Other non-short ETF winners:
iShares FTSE/Xinhua China 25 Index (FXI) +1.02%
PowerShares Gldn Dragon Halter USX China (PGJ) +0.80%
HealthShares Cardiology    (HRD) +0.7%

Worse non-Ultra funds today:
Internet Infrastructure HOLDRs (IIH) -1.82%
DJ Wilshire REIT ETF (RWR) -1.76%
iShares Cohen & Steers Realty Majors (ICF) -1.76%   
iShares Dow Jones US Home Construction (ITB) -1.64%
iShares MSCI South Africa Index    (EZA) -1.60%
United States Natural Gas (UNG)    -1.55%

Today was more of a Bernake playing hankie with words than it was China.  Tomorrow’s another day.

DJIA                       13,595.46; -80.86 (0.59%)
NASDAQ               2,611.23; -7.06 (0.27%)
S&P500                1,530.95; -8.23 (0.53%)
10YR-Bond          4.9760%; +0.0470%
NYSE Volume      2,884,657,000
NASDAQ Volume 2,233,690,000

Jon C. Ogg
June 5, 2007

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.