Entering text into the input field will update the search result below

A reversal in real estate ETFs? (IYR, ICF, RWR)

Aug. 07, 2005 2:45 AM ETRWR, IYR, ICF
Nick Perry profile picture
Nick Perry

In my column last week we saw that oil services had continued with mild gains, while a mix of technology and real estate rounded out the advancers, writes Nick Perry, who covers ETFs for Schaeffer's Investment Research. This week we find a tight race for the lead among internet stocks, energy and commodity related groups.


However, as you can see in the overall pattern of the graph above, there was a skew to the downside. While gains were capped near two percent and dropped off quickly, losses were larger and more common. Real estate was the largest decliner while small caps and mid-caps followed closely behind. To incorporate a longer-term perspective, the bullets below show the year-to-date returns for the ETFs listed above.

Year-to-Date Returns for This Week's Top Performing Sector Exchange Traded Funds:
• Internet HOLDRS (HHH) -13.2%
• iShares Natural Resource (IGE) +25.6%
• streetTRACKS Gold (GLD) -0.4%
• Oil Service HOLDRS (OIH) +35.4%
• iShares COMEX Gold Trust (IAU) n/a
• Energy Sector SPDR (XLE) +32.7%
• iShares Energy (IYE) +28.8%
• Wireless HOLDRS (WMH) +1.5%
• Technology Sector SPDR (XLK) +0.0%
• iShares Basic Materials (IYM) -1.6%

Year-to-Date Returns for This Week's Bottom Performing Sector Exchange Traded Funds:
• iShares Cons Goods (IYK) +0.2%
• iShares Industrial (IYJ) -2.5%
• iShares Transport Average (IYT) -2.2%
• MidCap SPDRs (MDY) +6.8%
• iShares SmallCap 600 (IJR) +5.2%
• Retail HOLDRS (RTH) +0.9%
• iShares Russell 2000 (

This article was written by

Nick Perry profile picture
Nick Perry is an analyst with Schaeffer's Research, specializing in intraday alerts, technical updates, and market dynamics vis-a-vis sector momentum. On Seeking Alpha, Nick's weekly roundup of ETF performance provides readers an extremely helpful indicator of sector momentum, both short-term and medium-term.

Recommended For You


Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

Related Stocks

SymbolLast Price% Chg
iShares U.S. Real Estate ETF
iShares Cohen & Steers REIT ETF

Related Analysis

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.