Inside The ETFdb 60 Index: July 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 posted a solid gain in June as profit taking pressures cooled off and bargain buyers stepped in as concerns over Europe’s financial health eased up, although only marginally.
The winners in June were bolstered by improving confidence over European leaders’ determination in hammering out a comprehensive solution to the region’s debt burden. While crude oil futures dipped in June, natural gas prices continued their impressive rebound, with UNG managing to clinch double digit gains in an otherwise choppy trading month for commodities. Risk appetites increased across the board, helping to push the real estate sector as well as beat down European stocks higher on the month:
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