This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Energy, Natural Resources ETFs Did Best in February

The energy and natural resources category edged out precious metals for the top spot among ETF investment objectives in February.

Objectives that include an international focus captured five of the next nine positions, with the global income and emerging-market equity categories taking second and third places, respectively, among the 21 ETF fund classifications.

As can be seen in the accompanying table summarizing the averages for the ETF investment objectives, the foreign-focused categories of non-U.S. equity, emerging market income also managed positive results during the month. The global equity group averaged a slightly negative total return for the month, but was still better than the average performance of minus 0.61% for all 652 ETFs tracked by TheStreet.com Ratings.

The credit problems spawned by the subprime implosion drove the financial services group 8.58% lower, on average, during the month, placing it at the bottom in performance. It was kept company by the single-state and national municipal bond groups, which where were hammered by problems with the bond insurance firms.

Prospects of a recession, combined with the credit crunch, drove the average corporate high-yield ETF more than 2% lower for the month.

Of the funds that led their respective categories for the month, the iPath Dow Jones AIG Natural Gas Total Return (GAZ), the iShares Silver Trust (SLV), the iShares MSCI Taiwan ETF (EWT) and the Market Vectors Steel Index ETF (SLX) all achieved total returns respectably in the double digits.

But the best performing fund for February in the table, the ProShares Ultra Short Financials (SKF), vaulted 22.64% by being both "inverse" and leveraging the worst performing financial services category. SKF has capitalized on its "mirrored" and double amplified performance of its credit-stricken grouping to leap 31.87% in the last three months and reward its holders with a 64.78% total return over the past 12 months.

FEB. 2008 SUMMARY OF EXCHANGE TRADED FUND INVESTMENT OBJECTIVES
INVESTMENT OBJECTIVE & NO. OF ETFs 1-MO. AVG. TOTAL RET'N TOP PERFORMING ETF FOR MONTH, TICKER & TheStreet.com RATINGS GRADE * 1-MO. TOTAL RET'N (%) 3-MO. TOTAL RET'N (%) 12-MO. TOTAL RET'N (%)
Sector - Energy/Natural Res (40) 7.92 iPath DJ AIG Ntrl Gas Tl Rtr Sub In (GAZ) U 16.39 23.99 N/A
Sector - Precious Metals (14) 7.31 iShares Silver Trust (SLV) B- 16.95 41.50 39.24
Global Income (1) 3.11 SPDR Lehman Intl Treasury Bond ETF (BWX) U 3.11 5.38 N/A
Emerging Market Equity (15) 1.03 SPDR S&P Emerging Latin America ETF (GML) U 6.39 2.51 N/A
Government Bond (18) 0.72 Ameristock/Ryan 5 Year Treasury ETF (GKC) U 1.75 12.11 N/A
Non-US Equity (107) 0.39 iShares MSCI Taiwan (EWT) C 12.71 -0.38 13.85
General Bd - Investment Grade (7) 0.27 iShares Lehman Intrm Govt/Crdt Bond (GVI) A+ 0.79 3.35 9.29
Corporate - Investment Grade (4) 0.25 iShares Lehman 1-3 Year Credit Bond (CSJ) A+ 0.91 3.16 7.65
Emerging Market Income (2) 0.03 PowerShares Emrg Mkt Sovereign Debt (PCY) U 0.46 1.09 N/A
General Mortgage (1) -0.10 iShares Lehman MBS Fixed-Rate Bond (MBB) U -0.10 1.92 N/A
Global Equity (19) -0.34 Market Vectors Agribusiness ETF (MOO) U 7.68 13.08 N/A
Municipal - High Yield (1) -0.46 PowerShares VRDO Tax-Free Weekly (PVI) U -0.46 N/A N/A
Growth & Income (25) -1.17 Adelante Shares RE Shelter ETF (AQS) U 9.04 -16.07 N/A
Equity Income (158) -1.32 Market Vectors Steel Index ETF (SLX) C+ 13.84 4.91 71.75
Sector - Health/Biotechnology (41) -1.82 HealthShares European Drugs (HRJ) U 8.21 -0.97 N/A
Growth - Domestic (153) -1.99 ProShares Ultra Short QQQ (QID) C- 7.54 39.53 0.96
Corporate - High Yield (3) -2.18 PowerShares High Yield Corp Bond (PHB) U -1.28 N/A N/A
Sector - Utilities (12) -3.07 ProShares Ultra Short Utilities (SDP) E- 5.97 21.81 -0.27
Municipal Single State (2) -4.35 iShares S&P NY Municipal Bond (NYF) U -4.24 -1.94 N/A
Municipal - National (9) -5.24 Market Vectors LB AMT Fr Interm Mun (ITM) U -1.74 N/A N/A
Sector - Financial Services (20) -8.58 ProShares Ultra Short Financials (SKF) C- 22.64 31.87 64.78
AVERAGES PF 652 ETFs -0.61 -5.51 0.72
* "U" is unrated.
Note: TheStreet.com Ratings grades are the latest available at time of publication & are subject to subsequent updating.
Source: TheStreet.com Ratings - Data as of 2/29/2008.
For an explanation of our ratings, click here.

Richard Widows is a senior financial analyst for TheStreet.com Ratings. Prior to joining TheStreet.com, Widows was senior product manager for quantitative analytics at Thomson Financial. After receiving an M.B.A. from Santa Clara University in California, his career included development of investment information systems at data firms, including the Lipper division of Reuters. His international experience includes assignments in the U.K. and East Asia.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,068.44 -45.10 -0.26%
S&P 500 1,987.36 +3.83 0.19%
NASDAQ 4,474.6830 +18.6670 0.42%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs