Investors in exchange-traded funds focusing on Latin America were celebrating like it was still Carnival throughout the month of May.Five of the top 10 ETF performers for the month were Latin American funds, and another, the Claymore/BNY BRIC ETF (EEB), is also significantly invested in the region.
|May 2007 ETF Leaders & Laggards*
|Name, Ticker, TheStreet.com Ratings Grade**||Objective||1-Month Total Return (%)||Year-To-Date Return (%)||12-Month Return (%)||3-Year Annual Return (%)|
|HOLDRs TeleBras (TBH) D-||Non-U.S. Equity||14.53||30.21||48.3||21.09|
|iShares MSCI Mexico Index Fund (EWW) A||Non-U.S. Equity||13.59||22.65||76.31||49.75|
|HOLDRs B2B Internet (BHH) E-||Growth - Domestic||12.81||6.02||-10.54||2.87|
|iShares MSCI Brazil Index Fund (EWZ) B+||Non-U.S. Equity||12.80||26.55||63.68||64.39|
|Market Vectors Steel Index ETF Fund (SLX) U||Equity Income||12.11||43.13||n/a||n/a|
|iShares S&P Latin American 40 Index Fund (ILF) A||Non-U.S. Equity||11.64||23.9||63.48||57.34|
|SPDR S&P Emerging Latin America ETF (GML) U||Emerging Market Equity||11.23||n/a||n/a||n/a|
|PowerShares Golden Dragon Halter USX China Portfolio (PGJ) A-||Non-U.S. Equity||10.14||11.87||48.6||n/a|
|PowerShares Dynamic Oil & Gas Services Portfolio (PXJ) C+||Energy/Natural Resources||10.10||25.6||20.74||n/a|
|Claymore/BNY BRIC ETF (EEB) U||Equity Income||9.70||13.13||n/a||n/a|
|HealthShares Neuroscience ETF (HHN) U||Health/Biotechnology||-6.43||n/a||n/a||n/a|
|HOLDRs Europe 2001 (EKH) B||Non-U.S. Equity||-5.70||3.12||21.04||15.17|
|iPath S&P GSCI Crude Oil Total Return Index ETN (OIL) U||Energy/Natural Resources||-4.56||-5.96||n/a||n/a|
|United States Oil Fund (USO) U||Energy/Natural Resources||-4.45||-5.12||-27.71||n/a|
|SPDR S&P Emerging Europe ETF (GUR) U||Emerging Market Equity||-3.99||n/a||n/a||n/a|
|HealthShares Emerging Cancer (HHJ) U||Health/Biotechnology||-3.87||n/a||n/a||n/a|
|CurrencyShares Swedish Krona Trust (FXS) U||Non-U.S.||-3.16||-0.08||n/a||n/a|
|HealthShares GI/Gender Health Fund (HHU) U||Health/Biotechnology||-2.99||n/a||n/a||n/a|
|HealthShares Metabolic Endocrine Disorders (HHM) U||Health/Biotechnology||-2.64||n/a||n/a||n/a|
|PowerShares DB Gold Fund (DGL) U||Precious Metals||-2.61||n/a||n/a||n/a|
|* Leveraged & "inverse" funds excluded.
** "U" is unrated.
Source: TheStreet.com Ratings, data as of 5/31/2007.