February 28, 2007 at 3:54 pm by Tom Lydon
February ended the month on concerns a correction in the markets may be apon us. Exchange traded funds (ETFs) in the mid-cap arena outperformed small- and large-caps, gaining about 2% for the month. Asia was mixed with Australia and South Korea up about 4% and Hong Kong and China down 4%. Europe was basically flat except for Germany that gained 2% and Sweden which lost 2%.
Top performing sectors were oil and commodities which collectively gained 3-5%. Health care and biotechnology were down about 3% and ETFs in the housing market saw a decline around 3%.
To view the full ETF report for February, click here:Download 02-28-07ETFReport.pdf
Tags: EWD, EWG, Large-Cap, Small-Cap
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