July 12, 2007 at 4:00 pm by Tom Lydon
When Claymore launched its exchange traded fund (ETF) Claymore/Zacks Sector Rotation Fund (XRO), it seemed like a great idea. Zacks has an excellent reputation for selecting high-performing stocks. In addition, sector rotation is a smart strategy for keeping portfolios fresh, diverse and balanced. XRO has fared well against the SPDR S&P 500 (SPY), Gary Gordon of ETF Expert notes. So, three cheers for XRO.
Yesterday, Claymore announced the recent release of its Claymore/Zacks Country Rotation Fund (CRO). The concept is the same but with an international spin. It will be interesting to see if it can follow in the former’s footsteps.
Tags: Sector ETFs
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