12.01.2009 - The best performing ETF of 2008 was an IPO
From Seekingalpha.com: The best performing ETF/ETN of 2008 gained +484%. However, it has escaped the attention of investors and it doesnít show up on most of the ďbest ofĒ lists. Thatís because the best performing ETF/ETN of 2008 was an IPO. Sometimes itís all about the product. Sometimes itís all about timing. The best performing exchange-traded product of 2008 had both going for it Ė it was the right product at the right time, and it also had the right leverage..... Full Article: Source