There aren't any ETFs that will give you serious exposure to Sirius XM Radio (SIRI) - Get Sirius XM Holdings, Inc. Report, which is great, since you don't want this stock sitting in your portfolio.

For every argument that's made against "dumb money" and passive management, there is an example of how high-touch, emotional investing burns people looking to make a quick buck.

Unless you're looking to play the lottery, there's no reason to get involved in penny stocks. Despite the bump from cash-for-clunkers, car sales are down from a year ago, and when all those clunker-program free subscriptions expire, car owners won't want to tack on one more annual bill.

High-volume junk has attracted a lot of investors in 2009. From corporate debt funds like the aptly tickered

SPDR Capital High Yield Bond

(JNK) - Get SPDR Bloomberg Barclays High Yield Bond ETF Report

to unflagging investors doggedly trading Lehman on the pink sheets, everyone is looking for returns.

Unless you're co-located with a major exchange, however, you're probably not going to make money trying to trade high-volume, low-priced stocks. Professional traders will love you, however, as they smell blood in the water and eat you alive.

ETFs help investors avoid stocks like Sirius, which closed at 63 cents on Monday. The quarterly-to-annual rebalancing helps to put a longer-term perspective on asset allocation. Capitalization-weighted indexing helps to weed out the small fry.

The ETFs that do hold Sirius are probably not in your portfolio, and hold it at such small quantities that it is practically negligible.

PowerShares Dynamic Media Portfolio

(PBS) - Get Invesco Dynamic Media ETF Report

has a 2.29% SIRI allocation, while

iShares Morningstar Small Growth Index Fund

(JKK) - Get iShares Morningstar Small-Cap Growth ETF Report

has just 0.96%. PBS has just $42 million in assets under management, while JKK has a low $70 million.

Rather than charting the haphazard fluctuations of SIRI, consider a different music investment for the long term. While people may cut back their bills by letting their satellite radio expire, they are still consuming music electronically. Consider the explosion of


(AAPL) - Get Apple Inc. (AAPL) Report

iPod. With downloading music becoming the norm, iPods should continue to reach a widening circle of investors.

The era of the mix tape has been crushed by the advent of the iPod. As consumers look to their computer screens for music, instead of the radio, tech ETFs like the

iShares Dow Jones U.S. Technology Sector Index Fund

TheStreet Recommends

(IYW) - Get iShares U.S. Technology ETF Report

could continue to benefit over time. The top five holdings in IYW are currently


(MSFT) - Get Microsoft Corporation (MSFT) Report



(AAPL) - Get Apple Inc. (AAPL) Report



(IBM) - Get International Business Machines (IBM) Report


Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, and


(GOOG) - Get Alphabet Inc. Class C Report


If you're looking for a balanced bet on the next generation of music consumption, IYW would be a good place to start. Suppress the urge for a short-term bet on Sirius and think of a longer-term approach.

Don Dion is president and founder of

Dion Money Management

, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.