March 11, 2008 at 2:28 pm by Tom Lydon
After a big day for the markets, you can’t help but wonder which exchange traded funds (ETFs) stood out head and shoulders above the rest.
If you scroll through ETF Screen’s breakdown of fund performance, you’ll see that most ETFs ended higher in trading today.
Coming out way ahead are:
- ProShares Ultra Short Financials (UYG), up 14.4%
- ProShares Ultra Real Estate (URE), up 12.6%
- ProShares Ultra Basic Materials (UYM), up 11.6%
- iShares FTSE NAREIT Mortgage REITs Index Fund (REM), up 10.7%
- Claymore/AlphaShares China Real Estate (TAO), up 10.3%
- iPath MSCI India ETN (INP), up 10.2%
- iShares FTSE-Xinhua China 25 Fund (FXI), up 9.6%
The Ultras didn’t do anything special to come out on top today, but instead, they benefited from the big jump financial ETFs experienced today. They illustrate the potential to do that much better when the market is faring well - and today, they did.
Tags: Asia, China, Emerging Markets, ETNs, Financial, FXI, India, Real Estate
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March 12th, 2008 at 3:41 am
hey guys
great site. I’m trying to locate a short or ultra short commercial real estate etf. Any thoughts?
Thanks
upsidetrader.blogspot.com
March 12th, 2008 at 10:53 am
There’s the ProShare UltraShort Real Estate (SRS), which tracks the Dow Jones U.S. Real Estate Index. To be included in these indexes, according to the Dow Jones Indexes site, businesses must be both an equity owner and operator of commercial and/or residential real estate.