It may seem like all doom and gloom in the markets these days, but surprise, surprise: There are actually some exchange traded funds (ETFs) that have been holding up relatively well in the last few months. 
Let’s face it: most stock-based exchange traded funds (ETFs) are strikingly lower than they were one month ago. The Dow, for instance, has dropped below 10,000 for the first time since Feb. 8, giving investors another example of the need for a strong trend following strategy. [How to Follow Trends.]
Gary Gordon for ETF Expert points out five ETFs that remain above their trend lines and are holding up reasonably well amid the market’s recent volatility. That said, though, tread carefully in the coming days and weeks. With volatility like this, they might get dragged down despite themselves.
- Claymore Airline ETF (NYSEArca:FAA): An investment in American, Southwest, Alaska and friends has been kind over the last six months. Memorial Day kicked off the busy summer travel season; will it inject more life into this fund? Time will tell. [Watch These ETFs for Vacation Season.]
- Vanguard Consumer Discretionary (NYSEArca:VCR): Fast food and cheap household items are always well-liked. Recent consumer spending reports have indicated that shoppers are slowly but surely shelling out money for things they want as opposed to need. [Retail ETFs: More Optimism?]