Today, the markets wrap up a month, a quarter and the first half of the year and it was a rocky June for exchange traded fund (ETF) investors. The Dow Jones industrial average lost 10.2% this month, while the Nasdaq finished 9.1% lower and the S&P 500 lost 8.6%.
Commodities, oil and metals continued to be strong performers, as they have been for much of this year. Oil settled the month at $140 a barrel, and gasoline reached a new record national average of $4.086 a gallon.
The bad news and economic environment didn’t help the financial service-related ETFs, as their sector was down the most for the month by about 19%.
Click here to view the full ETF performance report and see how the different asset classes, sectors and global regions performed for the month, quarter and first half of 2008.
Tags: Dow Jones Industrial Average, Energy, Financial, Oil, Retail, Sector ETFs





