Asset Class: International - Sectors
ETF Structure: Open-End Fund
Claymore/Clear Glb Exch (EXB) ETF Snapshot
The Claymore/Clear Global Exchanges, Brokers & Asset Managers Index ETF (NYSE:EXB), the “Fund”, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an index called the Clear Global Exchanges, Brokers & Asset Managers Index (the “Clear EB&A Index” or “Index”). The Fund will normally invest at least 90% of its total assets in equity securities, master limited partnerships ("MLPs"), American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the Index. Claymore Advisors, LLC (the "Investment Adviser") seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. A figure of 1.00 would represent perfect correlation.
* Trading Characteristics Definitions Spread : The average dollar difference between the best bid and best offer across all exchanges for the specified time period, weighted by volume. *Spread : Is the monthly average of the daily spread. % Spread : The average spread amount divided by the average bid-ask midpoint, weighted by volume. Share Volume : Composite Volume - total number of shares traded on all exchanges and Nasdaq. Dollar Volume : Dollar amount of shares traded on each exchange for the specified symbol, based on the stocks average price for the time period specified.