Inside The ETFdb 60 Index: April 2012
The ETFdb 60 Index is an equal-weighted benchmark comprised of the largest ETF in each ETFdb Category, excluding inverse and leveraged ETFs. The Index gives an indication of the overall direction of the investable asset classes represented by this group of ETFs. At present, the ETFdb 60 Index includes 32 equity ETFs, 14 fixed income ETFs, 5 commodity ETFs, 2 real estate ETFs, and 6 miscellaneous ETFs (including currencies and multi-asset funds). For more information about the ETFdb 60 Index, or to see a complete list of holdings, click here.
Monthly Winners and Losers
The ETFdb 60 Index took a pause from its 2012 run-up, posting a minor loss of 0.6% in March. The dismal performances of VXX and UNG dragged the ETFdb 60 Index down, painting a less-than-stellar picture despite the prevailing bullish momentum on Wall Street.
The winners in March were bolstered by a continuing wave of encouraging economic data on the home front. With bullish fever returning to Wall Street, investors have increased their risk appetites; this change in sentiment is made apparent by the impressive gains in traditionally “riskier” sectors likes financials, construction, and real estate.
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