Telecom companies boosted the exchange traded fund, Telecom HOLDRs (TTH) today.  AT&T (T) and BellSouth (BLS) are top holdings in the ETF, and both companies reported solid quarterly earnings.  The companies were up 5% for the day, and the ETF, 2.6%.

iShares Dow Jones U.S. Telecom (IYZ) was up today as well, but not as much.  Although the ETF holds AT&T and BellSouth, they hold a smaller percentage than TTH.  IYZ holds 18% of AT&T versus 28% in TTH and 5% of BellSouth versus 18%.

Tth

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