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
TheStreet Open House

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:

Ticker     Name     Underlying Index    

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.

1 of 4

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 16,987.51 -61.49 -0.36%
S&P 500 1,985.54 -11.91 -0.60%
NASDAQ 4,567.5980 -24.2080 -0.53%

Brokerage Partners

Rates from Bankrate.com

  • 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