Sector traded exchange funds have an index as a tracing instrument targeted at financial products in the market sector. Sector traded exchange funds comprises of stocks with identical Standard Industrial Codes.
Sector traded exchange funds consists of stocks within the purview of the similar or same market section are comparatively more volatile as compared to other exchange traded funds.
Sector traded exchange funds are opted for in the event when an intending investor reckons that the Sector traded exchange funds will deliver better over a period of time.
Other exchange traded funds may require less funds for the entire investment as compared to sector traded exchange funds.
Below is a list providing the net change and the percentage of price change respectively.
Merrill Lynch Internet HOLDRS, 3.01 and 5.11% respectively.
Claymore MACRO shares Oil Up, 2.28 and 4.13% respectively.
Select Sector SPDR Fund - Energy Select Sector, 1.15 and 1.59%.
Merrill Lynch Market Oil Service HOLDRS, 2.76 and 1.50%
iShares GSCI Commodity-Indexed Trust Fund, 0.63 and 1.46%
Merrill Lynch Internet Infrastructure HOLDRS, 0.08 and 1.45%
Power Shares FTSE RAFI Energy Sector Portfolio, 1.01 and 1.43%.
i Shares Dow Jones U.S. Oil and Gas Fund, 1.74 and 1.39%
Merrill Lynch Biotech HOLDRS, 2.28 and 1.35%.
street TRACKS Morgan Stanley Technology Index Fund, 0.81 and 1.27%.
i Shares NASDAQ Biotechnology Index Fund,0.95 and 1.21%
Vanguard Energy ETF 1.26 and 1.20%
i Shares Trust Morningstar0.82 and 0.95%
Power Shares DB Commodity Index Tracking Fund 0.23 and 0.88%
Merrill Lynch Internet Architecture HOLDRS 0.40 and 0.79%
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Professor at Columbia University. Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 & the John Bates Clark Medal in 1979. Author of "Freefall: America, Free Markets", "The Sinking of the World Economy", "Globalisation and its Discontents" & "Making Globalisation Work".
Nouriel Roubini, a.k.a. “Doctor Doom”, is chairman of Roubini Global Economics and professor of economics at New York University’s Stern School of Business. Roubini has been consistently cited as one of the world’s top global thinkers. This year, he was voted as the most influential economist in the world by Forbes magazine.
Professor of Economics & Director of the Earth Institute at Columbia University. Special Adviser to the UN Secretary-General on the Millennium Development Goals. Founder & co-President of the Millennium Promise Alliance.
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