Exchange-Traded Funds Corner

January / February 2009
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Exchange-Traded Funds Corner

Written by Journal of Indexes Staff

Friday, 26 December 2008 00:00

Largest New ETFs Sorted By Total Net Assets In $US Millions
Covers ETFs launched after October 31, 2007.
Fund Name	Ticker	ER	3 Mo	YTD	Launch Date	Assets
ProShares UltrShrt Leh20+Trsy	TBT	0.95	-6.64	-	5/1/2008	469.9
ProShares UltraShort MSCI Emg Mkts	EEV	0.95	8.94	24.25	11/1/2007	458.1
SPDR Lehman High Yield	JNK	0.40	-25.31	-29.75	11/28/2007	454.6
ProShares UltraShort China 25	FXP	0.95	15.31	16.78	11/8/2007	269.9
WisdomTree Dryfs ChneseYn	CYB	0.45	-1.22	-	5/14/2008	248.7
DB Gold Double Long ETN	DGP	0.75	-42.02	-	2/27/2008	197.8
Market Vectors Coal	KOL	0.65	-63.00	-	1/11/2008	193.0
PowerShares Preferred	PGX	0.50	-21.06	-	1/31/2008	191.2
SPDR DB Intl GovInfl Bond	WIP	0.50	-24.59	-	3/13/2008	179.8
WisdomTree India Earnings	EPI	0.88	-41.77	-	2/22/2008	164.8
Vanguard Mega Cap 300 Value	MGK	0.13	-24.31	-30.98	12/17/2007	150.3
iShares MSCI EAFE Sm Cap	SCZ	0.40	-37.32	-48.89	12/10/2007	147.3
iShares MSCI ACWI	ACWI	0.35	-29.61	-	3/26/2008	145.2
PowerShares VRDO Tax-Free Wkly	PVI	0.25	1.02	2.86	11/15/2007	142.7
iShares FTSE Global Real Estate exUS	IFGL	0.48	-37.72	-50.51	11/12/2007	130.1
iShares MSCI Israel	EIS	0.68	-29.04	-	3/26/2008	127.2
iShares S&P Glbl Infrastructure	IGF	0.48	-29.78	-40.34	12/10/2007	125.6
iShares MSCI Chile	ECH	0.74	-35.98	-36.83	11/12/2007	117.7
Rydex 2x S&P 500	RSU	0.70	-46.21	-60.67	11/5/2007	117.5
Vanguard Total World	VT	0.25	-29.91	-	6/24/2008	114.2

Source: Morningstar. Data as of October 31, 2008. ER is expense ratio.
3-Mo is three-month. YTD is year-to-date. Assets are total net assets in $US millions.

Selected ETFs In Registration

AdvisorShares Sector Allocation

CurrencyShares Hong Kong Dollar

Direxion Emerging Markets Bull 3X Shares

ETSpreads Investment-Grade CDS Widen

Global X Philippines

IQ Hedge Event-Driven

iShares MSCI All-Peru

MacroShares Medical Inflation Trust Up

Market Vectors—Municipal Index ETF

NETS IPC Index

PIMCO 1-3 Year U.S. Treasury

PowerShares Ireland

ProShares Short CDX N. America High Yield

ProShares Ultra DJ-AIG Commodity Index

RevenueShares ADR

SPA MarketGrader Energy Sector

SPDR S&P India

Wilder Healthy Lifestyle

WisdomTree Dreyfus Oil Exporters Currency

XShares Fortress LCap Enhanced BuyWrite

Source: IndexUniverse.com's ETF Watch

Largest U.S.-Listed ETFs Sorted By Total Net Assets In $US Millions
Name	Ticker	Exp Ratio	Assets	3 Mo	YTD	2007	2006	3 Yr	5 Yr	Mkt Cap	P/E	Sharpe	Std Dev	Yield
SPDRs (S&P 500)	SPY	0.09	78,121.5	-23.11	-32.64	5.17	15.81	-5.10	0.22	45,338	13.9	-0.54	14.91	2.86
iShares MSCI EAFE	EFA	0.34	26,299.6	-32.87	-42.14	10.01	25.79	-4.84	3.69	28,067	9.9	-0.38	18.76	7.55
SPDR Gold Trust	GLD	0.40	17,595.5	-20.80	-13.49	31.10	21.95	15.42	-	-	-	0.62	20.18	-
iShares MSCI Emerg Mkts	EEM	0.74	17,316.9	-40.52	-48.66	33.17	31.40	0.28	10.51	12,277	8.4	0.01	27.71	4.64
iShares S&P 500	IVV	0.09	14,761.8	-22.90	-32.57	4.93	16.34	-5.04	0.30	40,119	11.6	-0.54	14.92	2.88
PowerShares QQQQ	QQQQ	0.20	14,022.9	-27.60	-35.64	19.13	7.05	-5.07	-0.90	30,166	20.5	-0.34	20.62	0.45
iShares R1000 Growth	IWF	0.20	9,941.5	-25.78	-33.71	11.49	8.94	-5.72	-1.32	27,998	12.7	-0.53	16.19	1.49
iShares Russell 2000	IWM	0.20	9,613.0	-24.47	-28.65	-1.75	18.26	-4.51	1.50	698	12.6	-0.36	18.84	1.46
DIAMONDS Trust	DIA	0.17	9,137.5	-17.28	-28.10	8.79	18.91	-1.29	1.19	103,828	13.2	-0.32	13.63	3.08
Financial SPDR	XLF	0.23	9,113.7	-27.54	-44.88	-19.17	18.82	-17.83	-8.27	38,158	14.1	-0.97	21.75	5.45
iShares Lehman Aggregate	AGG	0.20	9,016.5	-3.28	-1.79	6.61	3.91	3.49	3.19	-	-	-0.13	3.48	4.94
Vanguard Total Stock Market	VTI	0.07	8,533.1	-24.00	-32.36	5.37	15.68	-4.81	0.85	26,883	15.5	-0.50	15.48	3.36
iShares Lehman 1-3 Treas	SHY	0.15	7,730.2	2.36	4.86	7.35	3.89	5.72	3.76	-	-	0.89	1.83	3.33
iShares Lehman TIPS Bond	TIP	0.20	7,527.0	-11.10	-7.42	11.93	0.29	1.70	-	-	-	-0.27	7.34	8.21
iShares R1000 Value	IWD	0.20	7,234.6	-21.83	-32.50	-0.72	22.48	-5.15	1.78	33,448	10.5	-0.54	14.96	3.62
MidCap SPDR (S&P 400)	MDY	0.25	5,965.2	-28.95	-32.71	7.23	9.96	-5.52	1.69	2,840	15.0	-0.42	18.56	1.61
iShares Japan	EWJ	0.52	5,635.9	-25.00	-31.96	-5.47	5.84	-8.61	0.09	14,687	11.9	-0.77	15.36	2.25
Energy SPDR	XLE	0.23	5,130.2	-30.68	-34.65	36.86	18.01	2.92	17.68	57,964	10.0	0.09	26.18	1.66
iShares S&P 500 Growth	IVW	0.18	4,736.0	-23.28	-31.49	8.84	10.88	-5.03	-0.92	45,601	11.8	-0.52	15.23	1.59
iShares FTSE/Xinhua China	FXI	0.74	4,567.4	-43.64	-55.14	54.89	82.98	11.54	-	43,049	8.5	0.38	38.44	5.02
Vanguard Emerging Markets	VWO	0.25	4,499.9	-43.46	-51.66	37.32	29.33	-0.76	-	19,237	13.5	-0.02	28.20	3.96
iShares DJ Sel Dividend	DVY	0.40	4,268.7	-7.17	-24.32	-5.66	19.44	-4.93	-	6,573	12.4	-0.57	14.11	5.29
iShares GS$ InvesTop	LQD	0.15	3,971.6	-12.34	-12.90	3.76	4.24	-1.35	0.47	-	-	-0.67	7.56	6.47
iShares Brazil	EWZ	0.69	3,770.3	-53.64	-53.00	74.91	43.24	8.18	24.30	25,155	10.4	0.31	39.83	3.66
iShares S&P 400 MidCap	IJH	0.20	3,755.7	-28.76	-32.34	7.30	9.96	-5.30	1.86	2,248	11.7	-0.41	18.43	1.71

Source: Morningstar. Data as of October 31, 2008. Assets are total net assets in $US millions.
Exp Ratio is expense ratio. YTD is year-to-date. Mkt Cap is geometric average market capitalization. P/E is price-to-earnings ratio.
Sharpe is Sharpe ratio.Std Dev is 3-year standard deviation. Yield is 12-month.