February 29, 2008 at 2:00 pm by Tom Lydon
February was another volatile month for the markets and exchange traded funds (ETFs). The Dow Jones industrial average lost 1.4%, while the S&P 500 was down 1.9% and the Nasdaq dropped 3.3%.
The metals and agriculture ETFs bucked the general market trends to rise an average of 15%. As oil topped $100 per barrel this month, it was no surprise that the oil-related ETFs were some of the top performers. These ETFs gained about 11.5%.
Global markets on average fared better than our domestic markets, with many of the single-country ETFs ending the month on a positive note.
Click here to view the full ETF performance report.
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