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YTD Mid Cap Growth ETFs are up an average of 11.74%. The mid caps are the only market caps up double digits so far this year. Small cap growth is fourth best with 8.49% followed by large cap value with 7.82%.
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By DE Smith of MyPortfolioView
Top three Market Cap Sizes YTD… The top three are all in the Mid Cap arena with growth coming in at 9.87%, next is Mid Cap at 9.75% and Value at 9.34%. The best performing individual ETF YTD is iShares S&P MidCap 400 Growth Index (IJK) up 9.49%.
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If you would like access to the database where these snap shots were taken you can email me at don@go2mypv.com.
Today after the closing bell, Expeditors International of Washington, Inc. (EXPD), a worldwide logistics services provider, reported 13% rise in first quarter profit, driven by rise in revenues. EXPD is the fourth top holding of iShares S&P Mid Cap Index IJH.
Moving averages: 50 day MA $55.26 | 200 day MA $79.84
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By DE Smith of MyPortfolioView
There are 24 MidCap ETFs tracked by MyPortfolioView with an average growth rate of 12.35% since January 2006.
By DE Smith of MyPortfolioView.com
The Financial Times reported today that the S&P 500 companies in the exchange-traded funds or ETFs that track this index such as (IVV) continued its streak of 10% plus earnings growth.
For the 14th consecutive quarter, companies in the index had earnings growth of more than 10% in the fourth quarter of 2006. Some tax breaks and financial engineering no doubt helped the numbers and the underlying growth certainly was lower.
The question is where do the numbers go from here? Most analysts expect earning to grow about 7% for the year and peaking mid year. Another option for ETF investors looking to invest in large companies is the Diamond (DIA) which tracks the Dow Jones Industrial Average and the Mega Cap ETF (XLG) which is an ETF basket containing the largest 50 American companies. Or go global with (IOO) which is a basket of the largest 100 companies in the world with about half of them based in America.
By Carl Delfeld of the Chartwell ETF Advisor
Of the 23 Midcap ETFs tracked by MyPortfolioView.com iShares Russell Midcap Value Index Fund (IWS) has led the way with an impressive 25.10% gain since January 3, 2006.
Other notable Midcap Exchange Traded Funds are:
JKI - iShares Morningstar Mid Value Index Fund [22.98%]
RFV - Rydex S&P 400 Pure Value [22.20%]
PWJ - PowerShares Dynamic Mid Cap Growth [22.06]
IWR - iShares Russell MidCap Index Fund [20.60]
(Gains sited above are based upon the open January 3, 2006)
By DE Smith of MyPortfolioView.com
The chart below illustrates how ETFs in the MIDCAP arena held up against their competition when the market corrected in May. Each holding was placed in a portfolio with 100 shares with a purchase price based on the Open on January 3, 2006.
Out of the 20 ETFs listed above in the Mid-Cap arena only two didn’t loose all of what they gained from January through May. At their bottom they still had a little gas left in the tank. There recovery is also very respectable exceeding their May high by 11% and 10%. That means that JKI jumped 19% from its low and IWS jumped 20% from its low.
The purpose of this chart will help investors decide which Mid-Cap ETFs may be most suitable to them. This data is only based one year and is no guarantee of future results.
Out of the 20 Mid-Cap ETFs tracked in this chart only two didn’t loose all of what they gained from January through May. At their bottom they still had a little gas left in the tank. There recovery is also very respectable exceeding their May high by 11% and 10%. That means that JKI jumped 19% from its low and IWS jumped 20% from its low.
The purpose of this chart will help investors decide which Mid-Cap ETFs may be most suitable to them. This data is only based one year and is no guarantee of future results.
By Don Smith of DE Smith & Company
