As of market close yesterday, the S&P was 9.1% off its recent high, but some exchange traded funds (ETFs) have given back two or three times as much. Having an exit strategy helps protect investors from going down with ETFs when they plummet. Below are some ETFs that have lost the most during the recent market decline:

  1. SPDR S&P Homebuilders (XHB) – off 46.8% from April 5, 2006
  2. United States Oil (USO) – off 26.8% from July 13, 2006
  3. iShares Cohen & Steers Realty Majors (ICF) – off 26.7% from Feb. 7, 2007
  4. iShares Dow Jones U.S. Real Estate (IYR) – off 26% from Feb. 7, 2007
  5. Internet Infrastructure HOLDRs (IIH) – off 24.6% from July 13, 2007
  6. DJ Wilshire REIT ETF (RWR) – off 24.4% from Feb. 7, 2007
  7. Market Vectors Steel ETF (SLX) – off 23.7% from July 12, 2007
  8. iShares S&P Latin America 40 Index (ILF) – off 22.3% from July 23, 2007
  9. SPDR S&P Metals & Mining (XME) – off 21.8% from July 13, 2007
  10. Claymore/BNY BRIC (EEB) – off 21.6% from July 23, 2007

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.