August 15, 2006 at 1:23 am by Tom Lydon
Exchange traded fund providers have been using the ticker symbols they choose to market their ETFs. John Spence of MarketWatch takes a look at some of the providers and the ticker symbols used to help brand their ETF. Below are some of the ETFs he reviews:
- Rydex Russell Top 50 (XLG) – invests in the 50 largest companies in the U.S.
- iShares Comex Gold Trust (IAU) – uses the Periodic Table symbol for gold, AU
- Vanguard Telecommunication Services (VOX) – a technical acronym for
"voice operated switch" - PowerShares Dynamic Food & Beverage (PBJ) – how could you forget about peanut butter and jelly!
Tags: Food & Beverage, IAU
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