ETF Trends
ETF Trends

Now that President Barack Obama and his new administration are at the milestone 100-day mark, it’s also time to tally up the administration’s impact on exchange traded funds (ETFs).

After 100 days of new leadership, it’s time to evaluate the new administration’s progress. In regard to the economy, the banking crisis and the ways Obama will change the financial industry and its relation with real estate will fall under the microscope, NPR reports. NPR also has a timeline of key events so far in the new administration.

On Wall Street, investors were still unsure and mostly unfazed by a new presidency, remarks Jeff Cox for CNBC.

Obama has spent much of his time in office so far trying to right the financial system while boosting consumer confidence, health care, technology and taking some steps to ease the housing crisis. Is it working? There are some signs that the clouds appear to be lifting, but we’re not out of the woods yet.

However, some of the best-performing funds over the last three months are some of the sectors that Obama’s administration has been working to fix, directly or indirectly:

  • iShares Dow Jones U.S. Broker-Dealers (IAI): up 28.5% year-to-date

  • Broadband HOLDRs (BDH): up 26.7% for the last three months

  • SPDR S&P Retail (XRT): up 30.4% for the last three months

While we’re seeing the clouds lift in some areas, there is much room for improvement in many others, including:

  • iShares Cohen & Steers Realty Majors (ICF): down 5% in the last three months

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