Unformatted text preview: picking an ETF that covers a large piece of the market, it was a no brainer. We needed a strong ETF in our portfolio for the semester, and this was listed as one of the top performing ETFs for the FY2006 when I first researched it. After looking at it, I realized it was very close to its 52-week high, but managed to only drop off about $13 during the course of the semester. Even though I lost money on this, I would still consider putting it in a real portfolio because of its easy trade, large coverage of the market, and would be a good long-term investment....
View Full Document
- Fall '07
- Exchange-traded fund, Oil Services HOLDRs, HOLDRs