ETF XRAY

iShares S&P SmallCap 600 Growth (IJT)

The Dow Jones industrial has shot past 13,000 for the first time in history on stronger-than-expected earnings reports. Growth ETFs like iShares S&P Small Cap 600 Growth fund (IJT) have also performed very well. The below point & figure chart shows IJT hitting its own all time high. A word of caution: Last year IJT hit a five year high just prior to a correction in the market were it fell 14%. Be smart about maintaining proper asset allocation in this time of record highs.

(Click on image for larger view)

DE Smith of MyPortfolioView

A Domestic Small-Cap ETF Worth a Look

Are you looking for a small cap position in your portfolio? You may want to take a serious look at iShares Morningstar Small Core Index (JKJ). JKJ has traded well above its bullish support level [red dotted line] for nearly four years. Depending on your risk tolerance and time horizon this domestic ETF may be a great addition to your ETF portfolio.

JKJ measures the performance of those companies in the small-capitalization sector, defined as those companies that form the 7% of the market capitalization between the 90th and 97th percentile of the US equity market, that Morningstar determines to have relatively low prices per share given anticipated earnings, book value, cash flow, sales and dividends.

Moving Averages: 50 day $88.24 | 200 day - $83.34

By DE Smith / MyPortfolioView

Small Cap Exchange Traded Funds Standouts

Of the 21 Small Cap ETFs tracked by MyPortfolioView.com iShares Morningstar Small Core Index Fund (JKJ) has led the way with an impressive 25.65% gain since January 3, 2006.

Other notable Midcap Exchange Traded Funds are:
IWN - iShares Russell 2000 Value Index Fund [25.45%]
PZI - PowerShares Zacks Microcap Index [23.70%]
DSV - streetTRACKS Dow Jones U.S. Small Cap Value Index Fund [23.54%]
VBR - Vanguard Small-Cap Value VIPERs [22.31%]
(All gains based on Jan.3, 06 Open)

By DE Smith of MyPortfolioView.com