Scott Sacknoff

OOK, Inc: The Shortest ETF Name in the World

Just in case the article made things more confusing....

- OOK Inc. is the legal name for the OOK Oklahoma ETF (NYSEarca: OOK), the exchange traded fund. The website as you indicated is www.ooketf.com

- The SPADE Oklahoma Index (ticker: OKLAH) is the underlying index that the ETF tracks. The website containing the index rules / methodology / constituents / historical performance / etc. can be found at www.spadeindexes.com/o...

Best,
Scott Sacknoff
SPADE Indexes

Sector Outlook: Defense Stocks

According to the most recent "Defense News", the top line budget for FY2010 is $537 billion up from $513 billion; a gain of 4.7%. Details on line items and the amount going to specific procurement and R&D items have not yet been released.

McCain ETFs: What If the 'Maverick' Pulls It Off?

The Powershares Aerospace & Defense ETF (PPA) should benefit as well perhaps more so. ITA has a heavier concentration in commercial aerospace whereas PPA is shifted toward defense and security.

ETF Update: Aerospace and Defense, Railroads, US Dollar

MYP has little to do with the aerospace and defense sector. There are a lot of stocks involved with biotech, computer software, etc. all with a "security" theme.

Play Defense With iShares US Aerospace & Defense ETF

There is an ETF that follows a better index - the Powershares Aerospace & Defense ETF (PPA) tracks the SPADE Defense Index. It offers more diversification, is not as heavily weighted toward commercial aviation, and includes all of the mid-cap companies that would benefit in a recapitalization and the vision of 21st century force. Companies involved with network centric warfare, sensors, armor, battlespace visualization, information technology, etc. led the sector rise in the early to mid-2000s but have lagged in recent years as funding was shifted toward Iraq. The premise that the 8-year run in the defense sector is not finished, is likely true.