2.2 (I pts.) Get general information on the following exchange traded funds (ETF
ID: 2813877 • Letter: 2
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2.2 (I pts.) Get general information on the following exchange traded funds (ETFs) Minimum requirement: refer to the example (SPY) I provided 1) SPY: SPDR S&P 500 ETF provides investment results that, before expenses, generally correspond to the price and yield performance of the S&P 500 Index. It is the oldest and largest ETF in the world (fund inception date Jan. 22nd, 1993), inexpensive (annual expense ratio of 0.09%) and broad exposure to the U.S. stock market. All these make it a solid foundation for any stock portfolio. 2) OEF: 3) PFF: 4) IAU: 5) GDX: 6) SLV: 7) UUP: 8) AGG: 9) XLE: 10) VWO:Explanation / Answer
OEF: iShares S&P 100 largest market cap companies. It was incepted on Oct 23, 2000. It is highly concentrated since it invests only in large caps but is provides a balanced approach, provides a huge AUM and long track record
PFF: Incepted on 26 Mar, 2007. This is a portfolio index on S&P US preferred stocks with an expense ratio of 0.46%. Very less risky and in line with high yield bonds, one of the top rated ETF on preferred stocks
IAU: Incepted on Jan 21,2005. This fund tracks the price movements of Gold but is not registered under the investment company act and hence a little more risky than an average index. Quite low sponsor fee of 0.25% but current years returns are negative
GDX: Incepted on May 16, 2006, this index tracks a market-cap-weighted index of global gold-mining firms. Highly liquid fund which sells in all primary, secondary and derivative market. Expense ratio 0.53%
SLV: Incepted on April 21, 2006, This iShares Silver Trust tracks the silver spot price, less expenses and liabilities, using silver bullion held in London. Expense ratio 0.5%. Its a physically help certificate and hence a little more risky than the rest
UUP: Inception Feb 20, 2007. The Invesco DB US Dollar Index Bullish ETF provides inverse exposure to an index of USDX futures contracts that rises in value as the dollar appreciates relative to a basket of world currencies. Expense ratio 0.79%. It longs USD and shorts other currencies when USD is appreciating
AGG: Incepted on Spt 22, 2003. The iShares Core U.S. Aggregate Bond ETF tracks an index of US investment-grade bonds. The market-weighted index includes Treasuries, agencies, CMBS, ABS and investment-grade corporates. Expense ratio 0.005, relatively very inexpensive but since it is based on sovereign bonds, yields are likely to lesser
XLE: Incepted Dec 16, 1998. The Energy Select Sector SPDR ETF tracks a market-cap-weighted index of US energy companies in the S&P 500. Expense ratio of 0.13%
VWO: Incepted on March 4, 2005. The Vanguard FTSE Emerging Markets fund tracks a market-cap-weighted index of emerging-market stocks, excluding South Korea Expense ratio 0.14%. Highly liquid fund
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