This Day On The Street
Continue to site
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

Wednesday's ETF Winners & Losers

Real estate-related exchange-traded funds were among the worst decliners Wednesday, as subprime woes continued to swell.

On Wednesday, Standard & Poor's said it could cut its rating on $12 billion in securities backed by subprime residential loans, which raised concerns about the ongoing effects of the housing meltdown.

The iShares FTSE NAREIT Retail (RTL) ETF was losing $1.29, or 3%, to $42.21. The iShares FTSE NAREIT Real Estate 50 (FTY) ETF was down 60 cents, or 1.3%, to $44.79. The Ultra Real Estate ProShares (URE) was off 54 cents, or 1.1%, to $49.91.

Bundled securities tracking semiconductors were also under pressure. Intel (INTC), Maxim Integrated Products (MXIM), Texas Instruments (TXN) and KLA-Tencor (KLAC) were losing 1% or more.

Among ETFs, the Ultra Semiconductor ProShares (USD) was losing $1.13, or 1.3%, to $88.28. The SPDR S&P Semiconductor (XSD) ETF was down 35 cents, or 0.6%, to $55.03. The Semiconductor HOLDRs (SMH) was off 24 cents, or 0.6%, to $38.88.

Also trading lower were commodity-related ETFs, as prices for crude oil, gold and silver were on the decline.

The Market Vectors Gold Miners (GDX) was lower by 29 cents, or 0.7%, to $40.37. The iShares Silver Trust (SLV) was down 20 cents, or 0.2%, to $128.50. The Oil Services HOLDRs (OIH) was falling by $1.78, or 1%, to $177.90.

On the winning side, ETFs related to basic materials were the best performers. The Ultra Basic Materials ProShares (UYM) ETF was higher by $1.80, or 2%, to $94.20. The iShares Dow Jones U.S. Basic Materials (IYM) ETF was adding 84 cents, or 1.2%, to $72.35.

The B2B Internet HOLDRs (BHH) was also gaining ground, thanks to a 1.2% rise in holding Checkfree (CKFR). The ETF was tacking on 3 cents, or 1.3%, to $2.36.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
RTL $39.36 0.82%
OIH $30.72 0.00%
FTY $46.96 0.00%
GDX $13.45 0.00%
SMH $55.09 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs