Matthew D. McCall's  Instablog

Matthew D. McCall
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Matt McCall is founder and president of Penn Financial Group, an investment advisory firm that specializes in ETFs and individual portfolio management. The company also publishes MarkETForce, a newsletter dedicated solely to ETFs and proprietary ETF portfolios. Matt is also a contributor for Fox... More
My company:
Penn Financial Group LLC
My blog:
McCall's Call
My book:
The Next Great Bull Market - How To Pick Winning Stocks and Sectors in the New Global Economy
  • ETF Leaders During the Sell-Off 0 comments
    Jun 2, 2010 1:07 PM | about stocks: EDV, TLO, TLT, GXG, THD, ECH, IIH, XLP, GDX

    Since hitting a high on April 23, the S&P 500 is down 12% as many of its peers around the globe have fared even worse. So which ETFs have been able to hold up the best?

     

    A look at the best of breed since 4/23 as broken down by asset type.

     

    Sector ETFs

     

    Market Vectors Gold Miners ETF (NYSEARCA:GDX) – No big surprise here considering gold’s rise during the sell-off.

     

    HOLDRS Internet Infrastructure ETF (NYSE:IIH) – Virtually no volume for this $3 ETF that has 89% of its assets in two stocks: Verisign and Akamai Technologies.

     

    SPDRs Consumer Staples ETF (NYSEARCA:XLP) – When the word recession begins to make its way back into investors vocabulary the consumer staple stocks become attractive again.

     

    Single-County ETFs

     

    iShares MSCI Chile ETF (NYSEARCA:ECH) – The best of the worst. All ETFs in this category were in the red, but ECH only lost 1.5% as it consolidates for nearly six months.

     

    iShares Thailand ETF (NYSEARCA:THD) – This one does surprise me, but clearly it outperformed its peers in Asia, only losing 2.5%.

     

    Global X InterBolsa Columbia 20 ETF (NYSEARCA:GXG) – Thinly traded ETF that has experienced some wild swings over the last month, but only down 4%.

     

    Fixed Income ETFs

     

    Vanguard Extended Duration ETF (NYSEARCA:EDV) – A big move of 13% as volume has picked up for the long-term bond ETF.

     

    iShares Barclays 20+ Year Treasury Bond ETF (NYSEARCA:TLT) – Gained 7%, but is off the recent highs near $100/share. I would look to sell into the strength.

     

    SPDR Long Term Treasury ETF (NYSEARCA:TLO) – A consistent theme in this category as the long-term government bonds have been the winners as equities fell.

     

    Disclosure: Long GDX
    Stocks: EDV, TLO, TLT, GXG, THD, ECH, IIH, XLP, GDX
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