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Material Shortcoming in Sector's ETFs

Stock quotes in this article: NEM , GLD , IAU , EWA , EWC , EWZ , RIO , EPP , PCL , AU , RYN , ILF , EZA  

This column was originally published on RealMoney on Oct. 4 at 2:36 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.

My primary focus in my first month on RealMoney has been exchange-traded funds (ETFs), which I believe are great tools to help investors build diversified portfolios. But they are just tools and they have flaws.

Sometimes ETFs are not necessarily the best way to capture a desired effect.

A case in point would be in the materials sector over the last two months. ...

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