Comments on: Financial ETFs: Is It Safe to Go In the Water? http://www.etftrends.com/2008/05/financial-secto.html Keeping a grip on exchange traded funds (ETFs) Sun, 22 Nov 2009 07:15:48 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Richard Schweitzer http://www.etftrends.com/2008/05/financial-secto.html/comment-page-1/#comment-888 Richard Schweitzer Wed, 14 May 2008 18:57:10 +0000 http://etftrends.com.s14057.gridserver.com/2008/05/financial-etfs-is-it-safe-to-go-in-the-water.html#comment-888 One "conservative" way to follow any major recoveries in the financials is DVY. DVY is heavily weighted to banks and financials (historic reasons, but has the backstop of some pharmacueticals, utilities, and others. Look at the composition of the DJ Select Dividend Index (available on the web). Financials rise the index rises, tho not fully proportionately. Same on downside. One “conservative” way to follow any major recoveries in the financials is DVY.

DVY is heavily weighted to banks and financials (historic reasons, but has the backstop of some pharmacueticals, utilities, and others. Look at the composition of the DJ Select Dividend Index (available on the web).

Financials rise the index rises, tho not fully proportionately. Same on downside.

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