ETRACS Reports Technology Sector Top Performer: Solid State Drive ETN Leads Technology Exchange Traded Products With A 29.97% YTD Return
UBS Investment Bank today announced that the ETRACS ISE Solid State Drive Index ETN (Ticker: SSDD, NYSE), linked to the ISE Solid State Drive™ Index, is the top performing technology exchange-traded product (“ETP”)* year-to-date, significantly outperforming all other US-listed, non-leveraged and non-inverse exchange-traded notes (“ETNs”) and exchange-traded funds (“ETFs”) such as the Vanguard Information Technology ETF (Ticker: VGT, NYSE), Technology Select Sector SPDR Fund (Ticker: XLK, NYSE), iShares Dow Jones U.S. Technology Sector Index Fund (Ticker: IYW, NYSE) and iShares S&P Global Technology Sector Index Fund (Ticker: IXN, NYSE).
SSDD, like its leveraged counterpart, the ETRACS Monthly 2xLeveraged ISE Solid State Drive Index ETN (Ticker: SSDL), provides investors with exposure to a portfolio of companies actively involved in the solid state drive segment of the electronic storage industry.
The table below summarizes the year-to-date performance of the top technology ETPs listed on a U.S. securities exchange:
Total Return (YTD)
|SSDD||ETRACS ISE Solid State Drive Index ETN||ISE Solid State Drive™ Index||29.97%|
|QGEM||EGShares Technology GEMS ETF||Dow Jones Emerging Markets Technology Titans Index||21.66%|
|CQQQ||Guggenheim China Technology ETF||AlphaShares China Technology Index||19.92%|
|XSD||SPDR S&P Semiconductor ETF||S&P Semiconductor Select Industry||18.28%|
|SKYY||First Trust ISE Cloud Computing Index Fund||ISE Cloud Computing Index||18.02%|
|QQQC||The Global X NASDAQ China Technology ETF||NASDAQ OMX China Technology Index||17.43%|
|SOXX||iShares PHLX SOX Semiconductor Sector Index Fund||PHLX Semiconductor Sector Index||16.68%|
|PXQ||PowerShares Dynamic Networking Portfolio||Dynamic Networking Intellidex Index||16.06%|
|MTK||SPDR Morgan Stanley Technology ETF||Morgan Stanley Technology Index||16.01%|
|IGV||iShares S&P GSTI Software Index Fund||S&P North American Technology-Software Index||15.34%|
|FXL||First Trust Technology AlphaDEX Fund||StrataQuant Technology Index||15.12%|
|PTF||PowerShares Dynamic Technology Sector Portfolio||Dynamic Technology Sector Intellidex Index||14.82%|
|EIPO||ETRACS Next Generation Internet ETN due July 19, 2041||UBS Next Generation Internet Index||14.79%|
|QTEC||First Trust NASDAQ-100 Technology Sector Index Fund||NASDAQ-100 Technology Sector Index||14.64%|
|IYW||iShares Dow Jones US Technology Sector Index Fund||Dow Jones U.S. Technology Index||14.55%|
|AXIT||iShares MSCI ACWI ex US Information Technology Sector Index Fund||MSCI All Country World ex USA Information Technology Index||14.33%|
|FTQ||Focus Morningstar Technology Index||Morningstar Technology Index||14.21%|
|VGT||Vanguard Information Technology Index Fund||MSCI US Investable Market Information Technology 25/50 Index||14.05%|
|RYT||Rydex S&P Equal Weight Technology ETF||S&P Equal Weight Index Information Technology||14.02%|
|SMH||Market Vectors Semiconductor ETF||Market Vectors US Listed Semiconductor 25 Index||13.44%|
|IGN||iShares S&P GSTI Networking Index Fund||S&P North American Technology-Multimedia Networking Index||13.42%|
|IXN||iShares S&P Global Technology Sector Index Fund||S&P Global Information Technology Sector Index||13.25%|
|IGM||iShares S&P GSTI Technology Index Fund||S&P North American Technology Sector Index||13.04%|
|PSI||PowerShares Dynamic Semiconductors Portfolio||Dynamic Semiconductors Intellidex Index||12.60%|
|PSJ||PowerShares Dynamic Software Portfolio||Dynamic Software Intellidex Index||12.15%|
|XLK||Technology Select Sector SPDR Fund||Technology Select Sector Index||12.14%|
|SOCL||Social Media Index ETF Profile||Solactive Social Media Index||12.06%|
|PNQI||PowerShares NASDAQ Internet Portfolio||NASDAQ Internet Index||11.92%|
|PSCT||PowerShares S&P SmallCap Information Technology Portfolio||S&P SmallCap 600 Information Technology Index||11.88%|
|IPK||SPDR S&P International Technology Sector ETF||S&P Developed Ex-U.S. BMI Information Technology Sector Index||11.88%|
|XSW||SPDR S&P Software & Services ETF||S&P Software & Services Select Industry Index||10.74%|
|PXN||PowerShares Lux Nanotech Portfolio||Lux Nanotech Index||9.92%|
|FDN||First Trust Dow Jones Internet Index Fund||Dow Jones Internet Index||8.27%|
Source: ETFdb 2/22/2012*As of 2/22/2012. Based on total return, as determined by ETFdb. All ETPs defined by ETFdb as US-listed, non-leveraged and non-inverse technology ETPs on 2/22/2012 were considered for this comparison. Note that newly issued ETPs may not be included in the ETFdb database and therefore may have been excluded from this comparison. About the ISE Solid State Drive™ Index The ISE Solid State Drive™ Index was created as a benchmark for the solid state drive technology market. The Index uses an equal weighted allocation across the drive manufacturer and component manufacturer categories as well as an equal weighted allocation methodology for all components within each sector category. Index components are reviewed quarterly for eligibility, and the weights are re-set according to that methodology.
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