07.10.2015 - It’s turning into a brutal game of Survivor for U.S. ETFs
Only 10 per cent of U.S.-listed exchange-traded funds are in positive territory, after market selloffs in the United States, Europe and Asia, and a plunge in commodity prices. Ten per cent. At this time last year, 66 per cent of U.S.-domiciled ETFs were up. The recent selloff in the biotech sector has also erased names from the leaderboard, and now just seven ETFs have returns above 10 per cent for the year. Last year it was 114 ETFs. At this rate, the best-performing ETF may just be one that manages to make money...............................................Full Article: Source
Print