This Day On The Street
Continue to site right-arrow
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!

AdvisorOne Goes All the Way for ETFs

The emerging-market exposure in Amerigo raises the internal cost of the ETFs while the bond exposure in Clermont lowers the internal expense. Obviously, the internal expense will vary as the allocations change. At 1.4% to 1.5% total expense, that placed the funds in line with the average "A" share fund in Morningstar.

Is this type of ETF-only portfolio something investors can try at home without a professional helping them?

Exchange-traded funds are available to all investors, be they institutional investors or the retail investor who enjoys managing their own investments. If an individual investor has the time, desire and skill level to determine their investment objectives, know their tolerance for risk and how the different asset classes interact, they can indeed build their own portfolio allocation. The key point is that exchange-traded funds are a "tool"; they don't become a "solution" until they are put together into a portfolio directed toward a goal.

You mix and match ETFs from different fund families. Do you see a big difference between the different brands offered such as Vipers, iShares, SPDRs and streetTracks? How do you discriminate between them?

We evaluate ETFs of the different providers based on the index they track, liquidity and the expense ratio. For the most part, we have utilized iShares and SPDRs. More recently we have begun to utilize Vipers.

Lately there have been very specialized ETFs offered by companies like PowerShares. Does getting too specialized reduce the utility of an ETF?

We have tended to stay with the more traditional ETFs. Transparency is very important to us, and we are not inclined to purchase an ETF with a "black box" strategy attached to it. That is not to say that other investors may not find them attractive. If we were to find a particular subsector that was attractive, we would look into the individual equities that made up that subsector and purchase them rather than move to a highly specialized ETF.

4 of 4

Select the service that is right for you!

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 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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